UK upstream: 2015 in review

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Contact us about this report

Report summary

The UK upstream sector suffered along with pretty much every producing country in 2015. But there were some silver linings among the clouds. Investment was down but not as much as was feared at the beginning of the year. M&A value traded was also surprisingly robust in a falling oil price year. Exploration and appraisal drilling did drop as expected but this matters less when the volumes discovered were higher than they have been in years. All of this was against the backdrop of some of the biggest tax and regulatory changes ever seen in the UKCS.

What's included

This report contains

  • Document

    uk upstream sector - review of 2015.xls

    XLS 660.50 KB

  • Document

    UK upstream: 2015 in review

    PDF 494.95 KB

  • Document

    UK upstream: 2015 in review

    ZIP 600.74 KB

Table of contents

Tables and charts

This report includes 22 images and tables including:


  • UK value traded vs Brent oil price 2001-2015
  • Capital investment 2006 – 2015*
  • Top 10 projects by capital investment 2015
  • Top 10 companies by capital investment 2015
  • 2015 allocation of capex
  • Development wells completed
  • Jack-up contracts
  • Semi-sub contracts
  • Reserves brought onstream from 1997 to 2015
  • E&A spuds and volumes discovered 2006-2015
  • E&A drilling by region in 2015
  • Well success rates 1965-2015
  • Operated E&A wells by company 2006-2015
  • Offshore licence awards since 2004
  • Number of offshore firm wells
  • Number of deals, by buyer type, 2011-2015
  • Number of deals, by seller type, 2011-2015


  • Fields brought onstream in 2015
  • New field approvals in 2015
  • 2015 discoveries breakdown
  • Well spuds by operator
  • UK focused deals in 2015

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898