Insight
40 years of the UK North Sea service
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
This month, Wood Mackenzie celebrates the 40th anniversary of the UK North Sea service. Our first report was published in May 1973 before first offshore oil production. Since then, a staggering 698 offshore fields have been discovered and 42 billion barrels of oil equivalent produced.
Table of contents
- Legacy infrastructure still vital
- Fiscal instability still a concern
- Technology advances have changed the focus for operators
- Continues to attract a large number of players
- Exploration and appraisal
- Life in the old dog yet
Tables and charts
This report includes the following images and tables:
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UK offshore fields discovered and infrastructure - 1973 compared to 2013Top Marginal Rate of Tax for New Fields and Forties with Oil Price (£ money of the day)Number of fields onstream by development typeExploration and appraisal wells spudded and Brent Price by yearCapex spend and Brent price by year
What's included
This report contains:
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