Middle East Economic Survey

VOL. XLIX

No 21

22-May-2006

OMAN

PDO Close To Target With 631,000 B/D Oil Output In 2005

Petroleum Development Oman (PDO) produced an average 631,000 b/d in 2005, within 0.5% of its target for the year, while increasing gas production capacity by 30% and gas delivery capacity by almost 50%, according to the companys 2005 Annual Report. Much-improved well and reservoir management as well as much-improved operational excellence are also behind our 2005 successes, Managing...