Middle East Economic Survey

VOL. XLVII

No 39

27-September-2004

SYRIA

Sproule Upgrades Oudeh Field Reserves

Tanganyika announced on 22 September that an updated independent oil reserve estimate for the Oudeh oil field in Syria has been completed by Sproule International. Total 3P (proved, probable plus possible) oil reserves are estimated at 2.56bn barrels, an increase over Sproules June, 2003 estimate of 2.4bn barrels. Total gross 3P recoverable reserves are in the order of 179mn barrels, 13mn...