SYRIA

Pecten's Tayyim Field to Produce 50,000 b/d as from October; Reserves Estimated at 250mn Barrels

Dr. Ghazi al-Drubi, the Syrian Minister of Oil and Minerals, has confirmed that the newly discovered Tayyim field will be producing 50,000 b/d of light (36.5ø API) low-sulfur (less than 1Z) crude oil as of next October and that the field's proven reserves are estimated at around 40mn cu. ms. (250mn barrels). The field, for which Pecten (US Shell) is the operator, is located...