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The UK's modest recovery is expected to start in 2017 as five key themes emerge:
Exploration drilling will stay flat, but key frontier wells are planned
Production to increase again with 14 new fields expected onstream
Capital investment to decline to £5.7 billion as spend at under development projects comes to a natural end
Decommissioning spend to increase to around £2 billion
M&A spend to increase driven by Majors' divestments
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This report includes 1 file(s)
UK Upstream 5 things to look for in 2017.pdf PDF - 1.46 MB
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.
Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.
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Insight | Jan 2017
UK Upstream: 5 things to look for in 2017
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