Oman’s PDO achieves record oil, gas and condensate output in 2019 – ZAWYA

Oman’s PDO achieves record oil, gas and condensate output in 2019 – ZAWYA

Oman's PDO achieves record oil, gas and condensate output in 2019. Petroleum Development Oman (PDO), the Sultanate's biggest oil and gas producer, achieved record production of 1.210 million barrels of oil equivalent per day (boe/d) in 2019, bolstered by a strong uptick in condensate output.. Gas production averaged 62.2 million m3/day last year, which was slightly lower from previous year's average of 64.8 million m3/day.. Condensate output surged to 93,000 barrels per day (bpd) last year, up from around 65,300 bpd in 2018.. The company achieved a further reduction in the unit finding cost (UFC) of oil to $1 per barrel, with an overall UFC of $0.9 per barrel of oil equivalent, it said.