United Kingdom Oil and Gas Report Q4 2013

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United Kingdom Oil and Gas Report Q4 2013 Sep 25th 2013, 00:00 Price: $ 1295   BMI View: An uptick investment offshore is providing some relief from the overall downward trend in oil and gas production from the UK. However, without new discoveries, the recent boost to output is only likely to stem rather than reverse the decline given falling volumes from mature fields. While the industry has responded positively to the end of a moratorium on shale gas development, as well as incentives, strong opposition at the local level has already disrupted drilling plans. These challenges only reinforce our view that shale gas is unlikely to make a significant contribution to total gas output within our 10-year forecast period to 2022. The main trends and developments we highlight in the UK oil and gas sector are: ? Both oil and gas production continued to fall in 2012. Oil outpu ... Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/278767.html

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