USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

131

Oman To Boost Oil Output

Oman is going to implement new technology to raise the production of oil

Oman To Boost Oil Output

Oman is going to implement new technology to raise the production of oil.

Although Oman's oil production in 2004 is expected to fall by at least 5 percent down to the previous year, the government has already started to correct the situation.

Petroleum Development Oman, country?s premier oil explorer and producer, is embarking on a drive to steam inject oilfields and remove excess water in a bid to curb oil decline and boost production.

Steam injection is part of enhanced oil recovery technique that PDO is now aggressively pursuing to enhance recovery of oil and boost production. Oilfield water management is another important issue that Oman is looking at.

Both techniques are expected to significantly boost oil production in Oman in the near future, PDO officials expected.


Подпишитесь

Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru