Gas production has increased in 2007. As expected, oil production is somewhat lower than in the previous year. 32 exploration wells were spudded in 2007, up from 26 in 2006. Twelve new discoveries were made, most of which appear to be fairly small. The shelf is characterized by vigorous activity and continued growth in total investment costs. The Shelf in 2007 contains facts from the past year as well as forecasts for the upcoming five-year period.
Green Marine
about 19 years ago
The Shelf in 2007
Gas production has increased in 2007. As expected, oil production is somewhat lower than in the previous year. 32 exploration wells were spudded in 2007, up from 26 in 2006. Twelve new discoveries were made, most of which appear to be fairly small. The shelf is characterized by vigorous activity and
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