Middle East Economic Survey

VOL. LIII

No 18

03-May-2010

SYRIA

Gulfsands Begins Production From Yousefieh Oil Field

Gulfsands Petroleum has commenced oil production from the Yousefieh field on its onshore Block 26 in Syria, it said on 29 April. Initial production from two vertical wells, Yousefieh-1 and Yousefieh-3, has reached 1,200 b/d, though the company is targeting a production rate of 6,000 b/d from the same two wells by 2012. The oil is being processed nearby before being transported for...