Middle East Economic Survey

VOL. XLVIII

No 46

14-November-2005

YEMEN

Vintage Aims For Over 5,000 B/D By Year End

The US Vintage Petroleum has said that its Yemen oil operations have continued to expand, with production in the third quarter of 2005 reaching a net level of 4,685 b/d. Vintage, which was recently acquired by Occidental (MEES, 24 October), produced a net average of only 1,886 b/d during the third quarter of 2004. The company expects fourth quarter 2005 production to average...