Geographic Feature: Oman

Geographic Feature: Oman

August 28, 2026 · 3 min · Episode 254

About this episode

This episode discusses the growth of Oman's oil and natural gas production in the first half of 2026.

Friday, August 28, 2026. OMAN ENERGY PROFILE: Oman's oil and natural gas production showed notable growth in first half of 2026, driven by higher output, stable exports, and project developments. OIL PRODUCTION: H1 2026 (Jan–Jun) Total oil production reached 198.01 million barrels, up 10.6% YoY from 179.05 million barrels in H1 2025. Average daily oil production in H1 2026 Nearly 1.1 million barrels per day (bpd), up more than 10% from 989,200 bpd in H1 2025; peak monthly average was 1.172 million bpd in May. First five months of 2026 (Jan–May) Total oil production of 163.6 million barrels, up 9.7% YoY; average daily output ~1.08 million bpd (vs. 987,600 bpd prior year). April 2026 Crude oil production at 1,071,000 bbl/d (up from 1,053,000 bbl/d in March). End-2025 baseline Daily production exceeded 1 million bpd by December 2025; full-year 2025 production up 0.9% YoY, with average Omani crude price at USD 71/barrel. Longer-term targets/plans Aims to boost oil production by over 20% by 2026, targeting around 1.2 million bpd (via field development and EOR projects). Context Production increases occurred as OPEC+ quotas were lifted or adjusted; some earlier OPEC+ references noted…

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