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UKCS Decommissioning: Challenges in the current price environment

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Report summary

The continued low commodity price environment means a large proportion of UKCS fields are operating at a loss. Budget 2016 did little to improve company cash flows with so few currently in a tax paying position but it does improve asset valuations. This may encourage new investment or at the very least the continuation of loss making operations over the short term rather than early cessation of fields.

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    UKCS Decommissioning Challenges in the current price environment.xls

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