Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
TEven if the North Sea is a mature petroleum province, with a declining output of crude oil, it’s gotten a boost from the recent oil price spike. Natural gas output could be most positively affected, and development will affect not only the European market, but also potential supplies to the US, as well as demand for Russian gas. Total North Sea gas output is flattening as UK levels are declining and only Norway’s output is still growing.
According to Barclay’s Oil Data Review of Sept. 19, 2007, the combined oil production of Denmark, Norway and the United Kingdom is set to decline from 4.73 million bpd in 2006 to 3.99 million bpd in 2008, a loss of almost 16% over two years, further reducing Europe’s self-sufficiency in oil. Higher prices and eventually more lenient fiscal conditions might slow the decline of North Sea oil output, but hardly reverse the trend..
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.
Houston, TX - November 4-5
The Woodlands, TX - November 17-17
Houston, TX - November 18-18
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.