United Arab Emirates expansion curtailed but production still exceeds quota

Journal Article · Mon Aug 24 04:00:00 EDT 1987 · Oil Gas J.; (United States)

OSTI ID:6165855

Vielvoye, R

This article reports that oil and gas activity in the United Arab Emirates has been hit be declining exploration, curtailed development schedules, and the shutdown of production facilities. But despite a mothballing program, production is still running way ahead of the quota set by OPEC for the UAE. According to OPEC's schedule, first half 1987 production should not have exceeded 902,000 b/d. And the increased quotas for the second half of the year would permit output to average 948,000 b/d. But production averaged 1.2 million b/d during the first half of the year, and there is no sign of a significant reduction. Rising output when most other OPEC members are attempting to discipline themselves stems from the failure of Abu Dhabi and Dubai to agree on how the quota should be split. Details are provided on the regions of production activity.

• OSTI ID: 6165855
• Journal Information: Oil Gas J.; (United States), Journal Name: Oil Gas J.; (United States) Vol. 85:34; ISSN OIGJA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020300* -- Petroleum-- Drilling & Production
03 NATURAL GAS
030300 -- Natural Gas-- Drilling
Production
& Processing
29 ENERGY PLANNING, POLICY, AND ECONOMY
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294002 -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
ASIA
ENERGY POLICY
EXPLORATION
GEOLOGIC DEPOSITS
GOVERNMENT POLICIES
INTERNATIONAL ORGANIZATIONS
MINERAL RESOURCES
NATURAL GAS DEPOSITS
NATURAL GAS WELLS
OIL WELLS
OIL YIELDS
OIL-EXPORTING COUNTRIES
OPEC
PETROLEUM DEPOSITS
PRODUCTION
RESOURCES
SCHEDULES
UNITED ARAB EMIRATES
WELLS
YIELDS