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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: yoohoobebe6/20/2009 1:29:06 PM
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Norway's oil production fell to a preliminary 1.79 million barrels per day on average in May from 1.99 million in April, the Norwegian Petroleum Directorate said on Friday.

Production of natural gas liquids (NGL) and condensate fell to a preliminary 339,000 barrels per day in May from 371,000 in April, the directorate said in a statement.

Gas production fell to a preliminary 7.9 billion standard cubic metres in May from 8.7 billion in April, the NPD said.

Non-OPEC producer Norway is the world's sixth biggest oil exporter and western Europe's biggest gas exporter.

Oil companies on the Norwegian continental shelf are struggling to maintain production against a long-term declining trend at maturing North Sea oilfields, but Norway's gas production continues to grow.
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