Dragon Oil To Boost Turkmen Oil Production In Coming Years
Dubai-based Dragon Oil has announced plans to increase crudeoil production in its offshore Block-2 concession in Turkmenistan. Dragon told MEESthat it intends to boost output to between 40,000 b/d and 50,000 b/d during thenext four-to-five years. Block-2 contains the Lam and Zhadanov fields wherecurrent production is around 7,500 b/d. Last month Turkmenistan and Dragonsigned a 25-year production...