North Sea Oil Production Starts to Drop Heavily

It now seems that North Sea oil production has just been hit by its biggest fall in production since records first started. These new figures, which were actually released by the UK Government’s Department of Energy and Climate Change showed, that crude oil production in the first three months of this year was actually about 15.6 percent lower than the same time in 2010. This large decline is the largest since these records started back in the year 1995.

The Department of Energy and Climate Change said that this drop was caused by a huge fall in production. Of course, there was also some maintenance work that was being done at a number of different oil fields, which of course, slowed down production as well.

A spokesman for the group went on to say that this first quarter drop in North Sea crude oil production this year is also due to some faults with the North Sea infrastructure. The production figures for April are actually expected to show that the these problems have been resolved and production has now returned to normal levels. He finished up by saying that gas production has been affected by these infrastructure issues, but overall the reduction in gas demand has played the biggest role in the decrease.

Overall, this is great news that gas demand has now dropped some. It shows that energy made by renewable sources is starting to take over a certain amount of the marketplace. That is what the government has been trying to do. They have been trying to grow this market and show people that it has the power to supply energy needs.