Middle East Economic Survey

VOL. XLVIII

No 1

3-January-2005

CASPIAN

Dragon Reaches 2004 Production Target In Cheleken Field

Dragon Oil announced on 21 December 2004 that it had reached its target production for the year in the Cheleken Contract Area, offshore Turkmenistan. The UAE-based company reported that crude output was averaging 20,532 b/d, with the increase due to the success of its continuous drilling and workover programs. The recently announced successful re-entry, sidetrack and...