U.K. cites 1998 as record year for oil flow

U.K. hydrocarbon liquids production hit a record in 1998. Output of oil, condensate, and natural gas liquids totaled 132.6 million metric tons last year, according to the U.K. Department of Trade and Industry. U.K. natural gas production amounted to 95.6 billion cu m last year, DTI said. A record total of 204 offshore fields were in production, with 12 offshore and 5 onshore fields being brought on stream in 1998. DTI estimates U.K. liquids production at 120-150 million tons/year during 1999-2001, falling away to 115-145 million tons in 2002 and 105-135 million tons in 2003. Similarly, gas output is forecast at 90-110 billion cu m in 1999, rising to 95-115 billion cu m...

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