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UK exploration in crisis - where might solutions lie?

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20 February 2015

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

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