No. 36



Omans PDO Production Falls To 835,500 B/D In 1998

Petroleum Development Oman (PDO) owned 60% by the OmaniGovernment, 34% by Shell Petroleum Company Ltd., 4% by Total and 2% by Partex(Oman) Corporation stated in its Annual Report for 1998thatits daily oil production in 1998 fell to 835,500 b/d, or 1.2% below the 1997average of 845,735 b/d and did not reach the set target level of 840,000 b/ddue to a production cutback in response to the government's...