UK oil production slips 2.4% in 2014

摘要

London-UK oil production fell 2.4% last year to 39.68 million mt of oil equivalent, or an average 847,000 boe/d, with crude output down 3.2% to 37.23 million mt, offset by a 12% increase in production of natural gas liq- uids, data showed Thursday The fall in annual crude production was the smallest since 2007, the Department of Energy and Climate Change said in its data release, confirming assertions by the industry that spending on efficiency and new produc- tion had borne fruit.