Middle East Economic Survey
PDO Highlights Exploration Successes
Shell-led Petroleum Development Oman (PDO) notched up a series of discoveries last year, the company said in its 2007 media briefing Securing the Future published on 11 February. Gas production rose in 2007, but crude output continued to slide.
Among new discoveries, the Budour NE-2 well in the Budour Northeast field produced at rates in excess of 5,000 b/d of oil. Budour NE-1 and Budour NE-2 and a...