Insight
UK Brown Field Allowance - a boost for activity
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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.
Table of contents
- 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
Tables and charts
This report includes 9 images and tables including:
- UK Brown Field Allowance - a boost for activity: Table 1
- 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
- UK Brown Field Allowance - a boost for activity: Image 6
- UK Brown Field Allowance - a boost for activity: Image 7
- UK Brown Field Allowance - a boost for activity: Image 8
What's included
This report contains:
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