Offshore Fut 14 coins drilling activity

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Offshore Fut 14 coins   drilling activity across North West Europe fell 12% http://www.goldentok.com/    in 2011 with 122 exploration and appraisal wells drilled across the region, compared to 139 in 2010, according to an end of year review released by Deloitte.

The report, which documents drilling, licensing, field developments and new field start ups in North West Europes oil and gas industry throughout 2011, shows that the UK Continental Shelf (UKCS) experienced a 34% decrease in drilling activity year on year with a total of 49 wells spudded compared to 74 wells in 2010. This is the lowest level since 2003 and represents a 37% drop on the average number of wells spudded each year for the last decade.