Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
Crude and condensate production for the US is slightly down, which is normal. But it is not for normal reasons. It could have been flat to slightly up, which, considering that US production usually declines, would be an impressive feat, and would no doubt be due to high oil prices.
However, the extraordinary hurricanes of 2005 hurt US production. The odd thing is that, by comparison, those events made 2006 production look like a significant gain of 2.6% had taken place in the Lower 48, including offshore areas. If the unusual offshore comparison is eliminated, Lower 48 production is still likely to be positive for 2006 over 2005, but only by about 1%.
Recall that, after a brief respite in 2003, Alaska had slipped back into its previous 6% to 10% decline mode, as expected. Then the North Slope pipeline leaks hit last year, making a bad decline situation worse.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Bangkok - August 25-27
Houston, TX - August 27-29
Houston, TX - November 4-5
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.