Norway: Feb Oil Output Dn 18% on Year at 2.46 Mln B/D

Norwegian crude production in February was down 18%, or 528,000 barrels a day, compared with February 2004, the Petroleum Directorate said Thursday.

February crude production totaled at 2.46 million b/d, compared with 2.988 million b/d in the same month of 2004.

“There’s no doubt that most of the fields on the Norwegian Continental Shelf are on a decline,” NPD’s principle engineer Eric Mathiesen told Dow Jones Newswires.
Schlumberger