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projects:content-annotation:guess:article-2 [2007/05/29 10:21] novak |
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===== Guesses ===== | ===== Guesses ===== | ||
- | **CW:** The production of oil from the Bass Strait fields in Australia | + | **CW:** The production of oil from the Bass Strait fields in Australia |
**SM:** Oil production from the Australian Bass Strait fields was raised by 11,000 barrels a day to 321,000 barrels during the launch of the Whiting field, the first of five small fields, scheduled to bring an end to production in 1990. Broken Hill Pty and Esso Australia Ltd, which is a unit of New York based Exxon Corp, operate a joint venture in these fields. Esso said they will start production in the Whiting field on Tuesday. Output will gradually increase till it reaches about 11,000 barrels a day. The Whiting fields have a reserve of 21 million barrels. The new five fields have a total reserve of 50 million barrels. The Perch and Dolphin fields are expected to start producing early next year. The Seahorse and Tarwhine fields expect to start producing later next year. In 1987 the Australian government made the decision to develop the fields, and made the first 30 million barrels in the new fields free from excise tax, Esso said. | **SM:** Oil production from the Australian Bass Strait fields was raised by 11,000 barrels a day to 321,000 barrels during the launch of the Whiting field, the first of five small fields, scheduled to bring an end to production in 1990. Broken Hill Pty and Esso Australia Ltd, which is a unit of New York based Exxon Corp, operate a joint venture in these fields. Esso said they will start production in the Whiting field on Tuesday. Output will gradually increase till it reaches about 11,000 barrels a day. The Whiting fields have a reserve of 21 million barrels. The new five fields have a total reserve of 50 million barrels. The Perch and Dolphin fields are expected to start producing early next year. The Seahorse and Tarwhine fields expect to start producing later next year. In 1987 the Australian government made the decision to develop the fields, and made the first 30 million barrels in the new fields free from excise tax, Esso said. |
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