In recent years Oman’s oil and gas developments have moved ahead on two distinct tracks. Gas has raced ahead as IOC development of non-associated gas fields has enabled a series of gas-fed industrial projects. Meanwhile, crude oil has been curbed by persistent Opec+ cuts, though, in terms of overall liquids output this has been partly alleviated by rising condensate output thanks to the gas gains (MEES, 24 January).
Latest official data for Q1 show Oman’s liquids production stayed flat at 987,000 b/d, of which MEES calculates crude averaged 754,000 b/d, the lowest quarterly figure since 2021. (CONTINUED – 928 WORDS)
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