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Oil Market Friday, December 22, 2006

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RECORD PRODUCTION IN THE “ITALIAN TEXAS”

Production from the Val d'Agri oil field has exceeded the 30mn barrels extracted in 2006. On Dec. 15, the total so far produced since the beginning of this year hit the 30,117,456 barrel mark. This is a record for the Lucanian field, which has been producing crude for four years for Eni, which has an agreement with the region of Basilicata. The ave ...

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