Article: OMAN - Part 1 - The Prospects & Geology.

The sultanate of Oman has seen its oil and condensate production fall in the past seven years to about 740,400 b/d in early 2008, up from 700,000 b/d in early 2006, compared to 950,000 b/d in early 2000. The main concessionaire in the country, Petroleum Development Oman (PDO), is producing about 620,000 b/d, including 60,000 b/d of condensate, down from 846,000 b/d of crude oil in 1997. In addition, PDO accounts for most of Oman's output of natural gas. PDO has been injecting $1.5 bn per annum to boost its crude oil output to 800,000 b/d by 2009.

Four other oil and condensate producers in Oman had a combined output of 120,400 b/d in recent weeks. Their production ...

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