Yemen Accelerates Upstream Efforts As Oil Production Falls

...ock 51 and 275,000 b/d of water. Crude output is expected to fall to around 10,500 b/d by end-2008. “With the existing wells and the wells we are drilling in 2008, we have oil until 2014 at which date we will be producing around 3,500 b/d of oil,” Mr Lett said. The PSA on the Block expires in 20...