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UK 14th Onshore Licensing Round will boost onshore exploration


UK 14th Onshore Licensing Round will boost onshore exploration

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. 

What's included?

This report includes 3 file(s)

  • UK 14th Onshore Licensing Round will boost onshore exploration PDF - 480.76 KB 8 Pages, 1 Tables, 6 Figures
  • 14th round charts and tables.xls XLS - 183.50 KB
  • UK Onshore 14th Licence Round Conditional Awards.zip ZIP - 304.63 KB

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

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  • Executive summary
  • Shapefile for PathFinder users
    • 14th Onshore Licensing Round results
  • Drilling commitments increase substantially versus previous rounds
    • Focus moves from conventional prospects to shale exploration
    • Drill or drop options could also boost exploration
  • The core players are committed to progressing shale gas development
    • Key companies
    • New entrants
  • While risks remain, the outlook for onshore UK is positive

In this report there are 7 tables or charts, including:

  • Executive summary
  • Shapefile for PathFinder users
    • 14th Onshore Licensing awards by tranche and conditions
  • Drilling commitments increase substantially versus previous rounds
    • Block awards and wells since 2003
    • Firm wells by type
    • Firm wells by type and company
    • Drill or drop wells by type
    • Well commitment type by company
  • The core players are committed to progressing shale gas development
    • New entrants by tranche and well commitments
  • While risks remain, the outlook for onshore UK is positive
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