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UK exploration in crisis - where might solutions lie?


UK exploration in crisis - where might solutions lie?

Report summary

UK oil and gas exploration has trended sharply downwards since 2012, discovering only modest new field volumes that are far too small for positive returns. We argue that the industry faces a stark choice, either ceasing most of its exploration, or shifting focus to higher-impact plays.

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  • UK exploration in crisis.pdf PDF - 1.89 MB

Description

This Research Presentation provides a visual overview of the key issues surrounding this topic.

Participants, suppliers and advisors can use our report to better understand the trends, risks and implications of this topic on oil and gas exploration.

Wood Mackenzie provides accurate and in-depth analysis of high-level trends and views across the industry to help you navigate the ever-changing challenges of oil and gas exploration so you can make key commercial decisions.

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