Middle East Economic Survey

VOL. LIII

No 17

26-April-2010

CASPIAN

Dragon Oil Reports First Quarter Production Average Of 47,654 B/D

UAE-based Dragon Oil said in a first quarter 2010 interim report released on 22 April that crude oil production from its offshore Turkmenistan Cheleken Contract Area averaged 47,654 b/d, a rise of 9% over the same period last year when output averaged 43.787 b/d. Dragon said its entitlement production was 50% during the first quarter of this year compared to 65% for...