Norwegian oil production continues to fall

Sep 09, 2005 02:00 AM

Preliminary figures from the Oil Directorate show that the oil production on the Norwegian Shelf is dropping.
In August the daily production averaged 2,497,000 barrels, against 2,576,000 in July.

One reason was planned maintenance on the Visund and Vale fields, which closed down all production there.
Also in July the production was down due to maintenance work.

Figures for the first seven months of the year show that the production of oil was altogether 11.2 % lower than in the same period last year.
Production of gas, on the other hand, has increased by 5.1 % compared with the same period last year.

Source: NRK
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