Middle East Economic Survey
TCO Produces 10.2Mn Tons Of Oil During 1H09
Tengizchevroil (TCO), the Chevron-led consortium developing Kazakhstans onshore Tengiz and Korolev oilfields near the Caspian Sea coast, on 7 August reported that it had produced 10.2mn tons (81.2mn barrels) of crude during the first half of 2009, a 16% year-on-year increase. Calculated at 7.9 barrels/ton, TCOs output for the first six months of the year averaged 448,600 b/d. The company said...