U.K. Oil and Gas Records Fifth Year of Higher Production Efficiency
U.K. Oil and Gas Records Fifth Year of Higher Production Efficiency
GALWAY, IRELAND--May 22, 2018--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Production efficiency (PE) has risen for the fifth consecutive year in the U.K. Continental Shelf (UKCS) and boosted production with an additional 11.8 million barrels of oil equivalent (boe) in 2017.
Within this article: Details continued rise in production efficiency, projected rise in project investment
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