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7 Pages

UK Brown Field Allowance - a boost for activity


UK Brown Field Allowance - a boost for activity

Report summary

The UK government introduced the Brown Field Allowance in September 2012 to incentivise incremental investment, recognising that this was being curtailed due to challenging economics and lower returns. 27 projects qualify for the BFA and provide a welcome reserves boost for the UK - adding an estimated 226 mmboe. Despite generally offering smaller volumes than most recent new developments, the returns on investment are still attractive.


What's included?

This report includes 2 file(s)

  • UK Brown Field Allowance - a boost for activity PDF - 608.48 KB 7 Pages, 1 Tables, 8 Figures
  • UK Brown Field Allowance a boost for activity.xls XLS - 174.50 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.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

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  • Brown Field Allowance
  • Variety of projects qualify
  • Welcome reserves addition
    • BFA capex and incremental reserves
    • Forecast UK production
  • but good returns ...
    • Sanctioned project returns
  • Diverse corporate landscape
    • Reserves by company type
    • Capex by company (Top 15)
  • BFA awards
  • Appendix

In this report there are 9 tables or charts, including:

  • Brown Field Allowance
  • Variety of projects qualify
  • Welcome reserves addition
    • UK Brown Field Allowance - a boost for activity: Image 1
    • Oil production
    • UK Brown Field Allowance - a boost for activity: Image 3
    • Gas production
    • UK Brown Field Allowance - a boost for activity: Image 5
  • but good returns ...
    • UK Brown Field Allowance - a boost for activity: Image 6
  • Diverse corporate landscape
    • UK Brown Field Allowance - a boost for activity: Image 7
    • UK Brown Field Allowance - a boost for activity: Image 8
  • BFA awards
  • Appendix
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