Country report
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15 Pages

United Kingdom oil supply summary

United Kingdom oil supply summary

Report summary

The picture for oil/NGL production from the United Kingdom (UK) is broadly similar to that for its North Sea neighbour Norway, although from a lower base as the UK sector is significantly more mature. Production was significantly boosted by the start-up of the Buzzard field at the beginning of 2007, but the general trend for output is steady decline. However, over the near term the profile is relatively flat as production starts up from some fairly encouraging recent discoveries....

What's included?

This report includes 1 file(s)

  • United Kingdom oil supply summary PDF - 1.06 MB 15 Pages, 4 Tables, 7 Figures


Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream supply issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream supply report is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

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. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
  • Policy and regulation
    • Political framework
    • Fiscal issues
    • Government influence
    • Environmental concerns and influence of the environmental lobby
  • Supply
    • Risk and uncertainties
      • Risks to production
    • Commercial developments
    • Onstream and under development
    • Probable developments
      • Commercial adjustment
    • Reserves growth
      • Brownfield redevelopment
      • Impact of asset deal activity
    • Other discoveries
    • Yet-to-find
  • Infrastructure
  • Quality
    • Marketed blends
    • Crude quality outlook

In this report there are 11 tables or charts, including:

  • Executive summary
    • Oil/NGL production outlook and world ranking
  • Policy and regulation
  • Supply
    • Supply: Image 1
    • Supply: Table 1
    • Probable developments with significant oil/NGL reserves
    • Overall oil/NGL production outlook to 2030*
    • Forecast exploration drilling activity and oil/NGL discovery rates
  • Infrastructure
    • Key infrastructure
    • Main oil/NGL infrastructure
  • Quality
    • Key crude streams and characteristics in 2014
    • Main crude streams and loading points
    • Annual crude quality* distribution
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