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Upstream oil and gas reports
UK election: will a Labour landslide trigger a North Sea investment drought?
The Labour Party appears likely to form the next UK government, and in its election manifesto, proposes changes to the Energy Profits Levy (EPL). A...
UK energy exports and shale gas: aspiration or pipedream?
The UK’s new Prime Minister, Liz Truss, has announced an energy plan targeting net energy exports by 2040. The plan includes lifting the ban on hyd...
UK Faroe - Shetland Escarpment exploration basin
The Faroe-Shetland Escarpment Basin poses a challenging operating environment, with its remote location, tough winter climate and lack of export in...
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...
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