SYRIA - The Offshore Prospects.

From: APS Review Gas Market Trends | Date: March 8, 2004 | Copyright information

In November 2003, the oil ministry gave Veritas DGC, a UK unit of Veritas of the US, a licence to survey a prospective 4,700 sq km area offshore. The contract calls for seismic, geophysical and geological studies. Veritas will share with Damascus the revenues from the sale of the data gathered.

For international surveying companies had bid for the licence. The others were Thales Geosolutions of the UK, InSeis Terra of Norway, and Geotechni-cal Services of Canada.

The Al Furat Petroleum Co. (AFPC), operating the richest among Deir Ez Zor's blocks, is Syria's biggest oil ...

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SYRIA - Al Furat Petroleum Co. (AFPC).
; ...to a peak of 405,000 b/d in 1994. AFPC's fields produce light...the combined output of AFPC, BOC and BPC was set to decline by 10,000 b/d/year. Their production...slow down the fall. AFPC is to add about 60,000 b/d to its production steam...
SYRIA - Oil & Gas Fields.
; ...output flows into AFPC's pipeline system...producing less than 20,000 b/d (39,000 b/d in March...produces less than 1,000 b/d of heavy 24.4[degrees] oil (down from 3,500 b/d in early 1998) at Wadi Aabeid, near AFPC's block. Found by...produced about 9,000 ...
SYRIA - The Offshore Prospects.
; ...developed and hooked into AFPC's production stream. AFPC, BOC, and BPC have...producing about 165,000 b/d - but their average...a peak of 405,000 b/d in 1994. This is despite...efforts since the 1990s. AFPC's fields produce light...targeted at 350,000 b/d for ...
SYRIA - Falling Oil Exports.
; ...early March 2003 to 325,000 b/d at the end of that month, with...the production of al-Furat (AFPC) and two affiliated JV had fallen 15% to about 255,000 b/d. Now AFPC is only producing about 160,000 b/d and its output through 2006...000 b/d, i.e., about ...
SYRIA - Background.
; ...output of up to 200,000 b/d, with the SPC taking...above that level. AFPC was set up in May...had produced 3,500 b/d of heavy oil at Wadi...SPC and the three AFPC partners, with Shell...output flows into AFPC's pipeline system...producing less than 17,000 b/d ...
SYRIA - The AFPC Background & Other Blocks
; ...50% held by the SPC. Now, AFPC is producing about 400,000 b/d, i.e., 65% of Syria's total...expected to average 600,000 b/d and that of AFPC and Al Bishri would fall to 390,000 b/d. AFPC production is expected to decline...
SYRIA - Syria's Oil & Gas Fields.
; ...produces less than 1,000 b/d of heavy 24.4[degrees] oil (down from 3,500 b/d in early 1998) at Wadi 'Abeid, near AFPC's block. Found in...field produced 9,000 b/d in 1992. The initial...capacity of 10,000 b/d of 36[degrees] API...used to flow through ...
Syria's Oil & Gas Fields - The Al Furat/BOC & BPC Background.
; ...output of up to 200,000 b/d, with SPC taking 85...Al Furat company (AFPC) was set up in May...had produced 3,500 b/d of heavy oil at Wadi...SPC and the three AFPC partners, with Shell...1989, yields 15,000 b/d and has new oil/gas production facilities. AFPC's and ...
SYRIA - Falling Syrian Exports.
; ...suddenly from almost 500,000 b/d to 350,000 b/d as a result, with Iraqi smuggling...the production of Al Furat (AFPC) and two affiliated JV had fallen by 15% to about 255,000 b/d. That prompted Damascus to urge...restore oil production to 300,000 b/d in the ...
OMAN - John Malcolm.
; ...manager of al-Furat Petroleum Co. (AFPC), by far the main oil producer...increase the output by up to 40,000 b/d in late 2004 to 2006; and then...raise PDO's production to 800,000 b/d by 2008 (see Oil & Gas Market...would reach a plateau of 820,000 b/d by 2009. In Syria ...