CERA predicts 16.5 million bbl jump in crude, NGL production by 2010
As much as 16.5 million b/d of additional production capacity for crude oil and natural gas liquids could come on stream around the world by 2010, an increase to 101.5 million b/d from 85.1 million b/d in 2004, said officials of Cambridge Energy Research Associates, Cambridge, Mass.