SPC produces about 35 million barrel of oil in 1st half of this year with 197 thousand barrel a day

SPC implemented its annual plan of oil production in 1st half of this year with 100% average for quantities byproducing 5138030 ton (35537401 barrel) compared with 5147091 ton ( 35783092) barrel was planned so that the company’s daily production is 197430.

The implemented quantity of oil production includes 4942082 ton ( 34057971) barrel of heavy oil and 195948 ton ( 1479430 barrel of light oil .

The company met its digging plan by 97 % by exploration digging 14978 meter compared with 12600 meter was planed . the implementing average of exploration digging 119% . Company’s sources said that the increase in implementing average was due to the diggers EDICCO , EDGE and 3 that work in exploration and not in production.

The company’s production of Gas was 2920236 thousand cubi meter both accompanied and free compared with 2796133 cubic meters planned with implementing average by 104% ( 706573 thousand cubic meter of them is accompanied ,implementing average 93% and free 1086928 thousand cubic meter with implementing average of 114%. Free gas from Attabia field 1126735 thousand cubic meters with 104 % implementing average. The increase in implementing average was due to the demand of consumers.

The Export : the company achieved its annual plan in this area by 102 % for quantities of heavy oil by exporting 3122733 ton compared by 3075279 ton planned with 104 % implementing average . the light oil exporting was 578416 ton compared by 433283 ton planned with implementing average by 133% for quantities and 120 % for value . The increase in implementing average was due to International oil high prices .

Syria-oil