U.K. E&D SURGE TO CONTINUE IN 1992

The surge in U.K. North Sea exploration and development will continue in 1992. That's the prediction of two British sources. In a survey of European spending for offshore operations, a consultant's report said spending will hit a record when figures are in for 1991 and continue at that high level into 1992. In addition, British Energy Minister Colin Moynihan said that as many as 220 exploration and appraisal wells could be drilled off the U.K. in 1992, compared with 190 expected during

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