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- W6069559 abstract "The year 1988 was a study in contrasts for the world's most dynamic offshore petroleum region outside the U.S. Gulf of Mexico; the North Sea. Continuing its role as leader of North Sea drilling activity, the United Kingdom saw exploratory activity increase significantly. Yet, straight across to the east, Denmark recorded a disappointing drop in exploratory drilling to a nearly invisible level. At the same time, Norway shifted priorities away from exploration in favor of development, while West Germany saw a resumption in offshore exploratory drilling after a three-year hiatus. Exclusive of temporary effects caused by platform accidents, virtually every country improved its crude oil production rate. Nine offshore oil and/or gas fields came onstream in the UK and Norwegian sectors during 1988. At least another half-dozen begins production this year. Much of the region's drilling seemed immune to world oil price fluctuations last year. Taking into account this year's Opec and oil market behavior to date, it is reasonable to assume that activity in Northwest Europe remains prosperous overall, barring any cataclysmic industry events of a regional or global nature. This article presents country-by-country review of regional E and P activity." @default.
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- W6069559 date "1989-04-01" @default.
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- W6069559 title "Northwest Europe pursues diverse agenda" @default.
- W6069559 hasPublicationYear "1989" @default.
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