Insight
UK 14th Onshore Licensing Round will boost onshore exploration
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Report summary
On 17 December 2015 the Oil and Gas Authority (OGA) announced the results of the 14th Onshore Licensing Round. The first tranche of awards was announced in August and included 27 blocks. The second tranche includes 132 blocks with 73 of these being awarded subject to conditions based on the Conservation of Habitats and Species Regulations. The awards are expected to be finalised in the first half of 2016. 14 new entrants acquired acreage in this licensing round.
Table of contents
- Executive summary
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Shapefile for PathFinder users
- 14th Onshore Licensing Round results
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Drilling commitments increase substantially versus previous rounds
- Focus moves from conventional prospects to shale exploration
- Drill or drop options could also boost exploration
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The core players are committed to progressing shale gas development
- Key companies
- New entrants
- While risks remain, the outlook for onshore UK is positive
Tables and charts
This report includes 7 images and tables including:
- Block awards and wells since 2003
- 14th Onshore Licensing awards by tranche and conditions
- Firm wells by type
- Firm wells by type and company
- Drill or drop wells by type
- Well commitment type by company
- New entrants by tranche and well commitments
What's included
This report contains:
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