January 27, 1955
Alberta's Is Oil All0wable For February 289,998 Bopd, Slight Drop From Jan., Up At Stettler Well
ALBERTA oil producers will be permitted to produce crude oil at a high rate again during February, according to the provincial allowable released today by ALBERTA PETROLEUM AND NATRUAL GAS CONSERVATION BOARD. The Board has fixed the February allowable at 289,998 barrels daily or only 1,261 barrels less than the record allowable of 291,259 barrels per day that was set for January of this year. Although down slightly from the January schedule, next month's rate is up 27,813 barrels per day compared with February of 1954.
