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UK North Sea Transition Deal: setting the course for a net zero basin
In March 2021, the UK's government and oil and gas sector agreed a deal that will look to leverage the upstream industry's capabilities and acceler...
UK Northern North Sea exploration basin
The basin is mature with an average discovery size of just 18 mmboe over the last decade, and prospective resource is just a tiny fraction of disco...
UK oil and gas production up again in 2016
UK oil and gas production data for 2016 is now fully available and the headline trend is an increase for the second year in a row. However, mainten...
UK operators face tough emissions reduction targets
Following an industry consultation in Q4 2023, the North Sea Transition Authority has now issued its requirements for cutting North Sea emissions f...
Ukraine other fields (sub-commercial)
Sub-commercial fields contain hydrocarbon volumes that are discovered, recoverable and remaining but are not currently considered commercial due to...
Unwanted spend: how big is the deepwater decommissioning bill?
The top deepwater countries and operators have a US$27 billion decommissioning bill creeping up in the next ten years. However, they would prefer i...
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