Tag: production

Drop in UK #offshore #oil production

Drop in UK #offshore #oil production

Written by on January 9, 2012 in Uncategorized with 0 Comments

Britain's offshore oil and gas industry is failing to prevent a fall in production, new government figures show. Reported Offshore247 UK offshore oil production fell by the largest margin for 16 years and the country is becoming a bigger net oil importer. According to the UK’s Department of Energy and Climate Change UK oil production […]

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#Deloitte presents opportunities for #Australian #Shale industry in Asia

#Deloitte presents opportunities for #Australian #Shale industry in Asia

Written by on January 2, 2012 in Exploration, Gas with 0 Comments

International investments in the Australian Shale industry are expected to rise as Beach Energy's shale drilling in Cooper Basin provided promising results. Although the Shale industry in Australia is in early stages, according to the US Energy Information Agency, Australia is estimated to have 396 trillion cubic feet of recoverable shale gas basins, which is […]

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