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Latest production data: Shoring up output should be the priority
May 24:
Crude oil production in April was 2% lower than target and was lower than what was produced in the same month last year.
8Gas output is also significantly lower at 9.19% of the target though it was marginally higher than what it was for the same month last year.
8The big disappointment was the continued poor performance of the private and JV segment, with output down almost 18% over the pervioys year.
8Eventually the job of the government is to focus on pushing the country’s oil and gas output curve out.
8Everything else is peripherial
Click on Reports for the full monthly oil and gas and refinery production report
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8Gas output is also significantly lower at 9.19% of the target though it was marginally higher than what it was for the same month last year.
8The big disappointment was the continued poor performance of the private and JV segment, with output down almost 18% over the pervioys year.
8Eventually the job of the government is to focus on pushing the country’s oil and gas output curve out.
8Everything else is peripherial
Click on Reports for the full monthly oil and gas and refinery production report
