UAE’s Dragon Oil Hikes Crude Output
UAE-based hydrocarbons minnow, Dragon Oil, says it produced an average of 67,600 b/d of crude on average in 2012, though it increased its December average production to 73,500 b/d. This represented a 10% increase over 2011 levels. The entirety of its production is in Turkmenistan’s offshore area, where Dragon operates in the Cheleken Contract Area – which is located in the eastern Caspian Sea. ...
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