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15 inactive fields costing 20mbd in lost production

Tuesday, July 19th, 2016 Category: Regulations & Policy
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15 inactive fields costing 20mbd in lost production

Low prices have led to a number of closures and cutbacks in the oil industry’s investments and productions. According to numbers from the National Hydrocarbons Agency (ANH), this combined impact has shuttered 15 fields and represents a loss of 20,000bd on average.

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