Middle East Economic Survey


No 48



Vintage Sees Block S-1 Production At 12,000 B/D By End-2005

Vintage Petroleum of the US has said that it expects oil production in Yemens Block S-1 to exceed 12,000 b/d by the end of 2005 following the successful testing of al-Nagyah well 18. The latest well was completed as the first producing Lower Lam B well and flowed at a stabilized rate of 1,300 b/d of light crude (43 API) with less than 1% water cut. The well also produced...