Gulf Oil and Gas accountACCOUNT

Crude Oil Production Increases in Oman

Source: www.gulfoilandgas.com 2/21/2012, Location: Middle East

The Sultanate’s average daily oil production in 2011 stood at 884,900 bpd compared to 864,600 bpd in 2010 with an increase of 2.4 per cent. The average production of natural gas in 2011 was 95.1 million cubic metres compared to 91.1 million cubic metres in 2010 with an increase of 4.4 per cent.

This was announced by Nasser bin Khamis al Jashmi, (pictured) Under-Secretary at the Ministry of Oil and Gas at the annual media briefing yesterday which is organised by the Petroleum Development Oman (PDO). "The average price of Oman crude oil in 2011 amounted to $ 102.9 per barrel compared to $ 76.6 per barrels in 2010 increasing by 34.4 per cent," al Jashmi added.

The annual report which is released recently by the Ministry of Oil and Gas pointed out that the total exported crude oil in 2011 amounted to 266,42,147 bpd. China topped the list of Omani crude importers in 2011 with 122,757,460 barrels or 46 per cent of the total exports followed by India with 12 per cent and Japan third with 10 per cent. As for the movement of the oil markets during 2011, the oil price witnessed a remarkable fluctuation hitting new high records compared to 2010. The average price for American crude oil in New York (Chicago) market amounted to $95.09 per barrel. The Brent basket averaged $110.78 per barrel.

Production News in Oman >>

Colombia >>  6/11/2019 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, provides an update on operations in Colombia. ...
Norway >>  6/11/2019 - PGNiG Upstream Norway and its partners decided to move to Select Phase of the project during which key technical decisions regarding the field develop...

United Kingdom >>  6/11/2019 - Total has started up production from the Culzean gas condensate field located on Block 22/25a, 230 kilometers off the coast of Aberdeen, in the UK. Wi...
United Kingdom >>  6/11/2019 - Total has started up production from the Culzean gas condensate field located on Block 22/25a, 230 kilometers off the coast of Aberdeen, in the UK. Wi...

Libya >>  6/7/2019 - Mellitah Oil and Gas Company (MOG) has successfully performed a ‘fishing operation’ to recover a production string stuck in the CE02 well of Libya's l...
Russia >>  4/9/2019 - Gazprom Neft Shelf has produced its 10-millionth tonne of oil at its Prirazlomnoye field — a fact confirmed by Andrey Patrushev, Deputy CEO for Offsho...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Oman Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |

More News

Related Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.