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UK oil and gas production: review of 2015 and outlook

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28 April 2016

UK oil and gas production: review of 2015 and outlook

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

    • Ramp-up at new fields drives growth, but Buzzard still dominates
    • A new start and a re-start boost gas
  • Developments onstream 2015 and 2016
    • Top ten liquids producing companies
    • Top ten gas producing companies
  • Underperformance still an issue but things are improving
    • 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:

  • Document

    UK oil and gas production: review of 2015 and outlook

    PDF 315.13 KB