Yemen Raises Production Volume And Adjusts Price Formulas For 1Q 1994
MEES learns that Yemen increased its oil production volume to 340,000 b/d inNovember, compared to 240,000 b/d in October. The higher output stems from anincrease in Hunt/Exxon's production from 185,000 b/d to 200,000 b/d, and inCanadianOxy's production from 50,000 to 135,000 b/d. The output by SaudiArabia's Nimir Petroleum remains unchanged at around 5,000 b/d. CanadianOxy hascompleted...