Insight
UK oil and gas production: review of 2015 and outlook
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Report summary
Production from the UK continental shelf (UKCS) increased in 2015 by more than 14%, the first significant production increase since 1999. However, the positive story is mitigated somewhat by the fact that the overall figures were only 76% of our 2011 view for 2015 production. This difference was caused primarily by delays to new projects and fields being shut-in for redevelopment.
Table of contents
-
Liquids Production
- Ramp-up at new fields drives growth, but Buzzard still dominates
-
Gas Production
- A new start and a re-start boost gas
- Developments onstream 2015 and 2016
-
Corporate Summary
- Top ten liquids producing companies
- Top ten gas producing companies
- Underperformance still an issue but things are improving
-
Production Outlook
- Short to medium term outlook is encouraging
- Longer term concerns
- Appendix
Tables and charts
This report includes 10 images and tables including:
- Liquid production by year
- Gas production by year
- Onstream in 2015 and 2016 (as at April 2016)
- 2011 view of 2015 expected production vs 2015 actual production
- Fields expected onstream 2016 – 2019
- Top ten liquids producing developments
- Top ten gas producing developments
- 2015 Top 10 Liquid Producers
- 2015 Top 10 Gas Producers
- UK liquids production forecast to 2023
What's included
This report contains:
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