Middle East Economic Survey

VOL. LIII

No 11

15-March-2010

SYRIA

ONGC Videsh Details Its 2009 Discoveries In Syria

Indias ONGC Videsh has provided further details of two oil discoveries made late last year on Block 24 in northeastern Syria, which are together now estimated to hold some 185mn barrels of oil in place. In November the Abu Khasab-1 well was drilled to a depth of 949ms into the Jeribe formation and tested at a rate of 856 b/d (MEES, 16 November 2009), while in May the Rashid-1 well was...