June 2011
Intermediate to advanced
236 pages
6h 25m
English
Content preview from Investing in Energy: A Primer on the Economics of the Energy IndustryBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Norway
Oil production in Norway has been very active for more than 40 years. In recent years, North Sea oil production has reached its maturity and begun its natural decline. According to the BP Statistical Review of World Energy June 2010, Norwegian crude oil production in 1999 was 3.139 million barrels per day. In 2009, Norway produced 2.3 million barrels per day. In 2010, Norway's state-owned Statoil Hydro produced approximately 1.7 mmbpd of Norway's total 2.1 mmbpd crude oil production (according to company data at www.statoil.com). Over the last two decades, Norway's crude oil production and proven crude oil reserves have steadily declined as its fields have matured. Table 13.2 illustrates the decline in crude oil reserves among many major ...
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I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.