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Tunisia: Oil Production Slump Exacerbates Budget Shortfall
...g (for Tunisia) new fields are on the horizon, but none of these appear large enough to compensate for decline. In addition to Zarat, which could produce “tens of thousands of boe/d by 2017-18,” PA Resources has a further significant discovery, Elyssa on the southern limit of the Zarat permit. Fi...
Volume: 55Issue: 21Published at Mon, 21 May 2012 -
BP And BG Ready To Declare Commerciality On Critical Omani Gas Projects
...lti tcf”. Initial estimates when the project was launched put gas in place at 17 tcf. BP may not hit full production from its Oman developments until 2017. It is tackling four reservoirs with varying amounts of liquids and acidity, which has delayed the construction of the central gas processing pl...
Volume: 53Issue: 21Published at Mon, 24 May 2010 -
CIS Development Hinges On Security And Cooperation
...ndensate. The field is to be developed in three phases, with total production reaching 71 bcm/year. Gazprom holds 51% of the project, while Total holds 25% and Norway’s Statoil, 24%. Phase 1 of the project, expected to start-up in 2017, will have capacity to produce up to 7.5mn tons/year of LNG. Asked if th...
Volume: 53Issue: 21Published at Mon, 24 May 2010