VOL. XXXIX

No. 40

1-July-1996

OMAN

Oman's PDO Hits Production Peak In 1995

Petroleum Development Oman (PDO) - owned 60% by the OmaniGovernment, 34% by Shell Petroleum Company Ltd., 4% by Total and 2% by Partex (Oman) Corporation -raised itsaverage production in 1995 to the highest ever level of803,000 b/d, an increase of 5.6% over the previous year'saverage of 760,734 b/d, according to the company's AnnualReport for 1995. At the same time PDO's new bookedoilreserves again exceeded production,...