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UK Continental Shelf Oil & Gas
Annual Upstream Report
Derek Louden Abbian House Tower Street
Tain Ross-shire IV19 1DY
Tel: 01862 892734 Mob: 07876 774412
Email: [email protected]
©Derek W Louden
November 2017
ISBN 978-0-9928748-3-4
All rights reserved. May not be reproduced in whole or in part
without the permission of the author.
While every effort has been made to ensure the accuracy of the information
included in this paper, the author makes no warranty, express or implied, or assumes
any liability for its accuracy or completeness.
2
Contents
1) Executive Summary
2) Operators in 2016
3) Oil Production in 2016
4) Gas Production in 2016
5) New Fields 2016
6) Field Development Pipeline
7) Declining Output & De-commissioning
8) Company Turnover & Taxation
9) Company Profiles & Contact Details
10) Company Debt
11) About the Author
Page 3
Page 6
Page 8
Page 32
Page 58
Page 58
Page 71
Page 77
Page 87
Page 105
Page 110
Note: Cover photo of Solan platform courtesy of Premier Oil http://www.premier-oil.com/sites/default/files/media/UK---Solan-platform-with-tanker-trial.jpg
3
1) Executive Summary
➢ Oil production on the UK Continental Shelf increased in the latest year for the second time since 2007. Gas output was also up compared with 2015.
➢ Oil production excluding NGLs totalled 44.9 Million Tonnes in 2016, an increase from
44.3 in 2015. Output has risen 20.2% over the last two years.
➢ Nexen tops the list of Oil producers in 2016 with output of 4.86 million Tonnes.
➢ Gas production rose from 46,533 MMCuM in 2015 to 48,329 MMCuM in 2016 an increase of 3.9% with Laggan/Tormore playing a key role in the uplift.
➢ Shell heads up the gas list with 6.797Bn Cubic Metres produced in 2016 including production from the fields acquired through the purchase of BG.
➢ Total’s start-up of Laggan/Tormore helped them produce of 6.266BnCuM in 2016.
1,1
15
11
,52
3 37
,26
75
2,3
67 7
6,0
75
78
,61
58
7,6
08
10
0,2
54
10
9,4
37
12
1,5
49
12
2,4
87
12
0,9
43
11
8,8
39
10
9,7
58
87
,24
58
8,4
21
87
,30
28
9,4
41
93
,53
2 11
5,6
97
12
0,1
95
12
1,7
64
12
0,3
44
12
4,2
15
12
9,1
63
11
8,0
75
10
9,5
22
10
8,2
64
99
,06
18
8,7
15
78
,16
47
0,9
04
70
,96
56
6,4
18
63
,32
35
8,9
24
49
,07
84
2,5
04
38
,53
73
7,3
67
44
,31
44
4,9
25
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
UKCS Oil Output (Thousand Tonnes)1975-2016
Source: Adapted from OGA https://www.ogauthority.co.uk/data-centre/data-downloads-and-publications/production-data/
88
,69
2
10
5,0
46
11
0,7
48
11
6,5
72
12
5,0
24
13
3,4
79
13
0,9
46
12
5,4
18
12
3,3
62
11
3,0
27
10
1,1
48
89
,47
7
82
,67
5
80
,39
6
69
,42
9
67
,65
1
52
,07
0
45
,81
5
43
,24
3
43
,32
2
46
,53
3
48
,32
9
-
20,000
40,000
60,000
80,000
100,000
120,000
140,000
160,000
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
UKCS Gas Output (MMCuM)1995-2016
Source: Adapted from OGA https://www.ogauthority.co.uk/data-centre/data-downloads-and-publications/production-data/
4
➢ The following new fields were brought on stream in 2016: o LAGGAN (Total) o CONWY (EOG) o SOLAN (Premier) o AVIAT (Apache) o TORMORE (Total) o ALDER (Chevron) o SCOLTY (Enquest) o CRATHES (Enquest) o CYGNUS (Engie)
Source: https://www.ogauthority.co.uk/media/3204/field-start-ups-in-2016.pdf
➢ Oil production was 44.9 Million Tonnes in 2016. Output will rise substantially in 2017 as
production has been restored at Schiehallion and a number of new fields brought onstream. In recent years DECC (now BEIS), OGA and the OBR forecast output going down. Output will rise steeply in 2017 but BEIS/OGA & the OBR predict it will flatline. DECC predicts it’ll flatline from 2017 onwards. We predict a steep rise from 2017-19.
➢ The above chart shows oil output from the UKCS in every year from 1975 onwards. It shows the effect of current investment on future production by graphing the projected output from fields which are in the process of coming online. Even allowing for natural rates of decline, the increase between 2013 and 2018 will be over 50 percent.
➢ Wood Mackenzie produced a similar projection to the one above. BEIS/OGA shows a flatline in oil output from 2016 to 2019. This seems impossibly negative. The impossibly negative BEIS/OGA projection is the one the OBR use when attacking Scottish Government projections. OGA analysis is partial, it doesn’t reflect reality – it’s wrong. https://www.ogauthority.co.uk/media/3391/oga-production-projections-february-2017.pdf
➢ The chart below presents an attempt to represent gas production over the same period as oil, from 1975 onwards. The attempt is somewhat fraught since much of the DECC information starts in 1995 (the big green slice) when actual production started much earlier but wasn’t recorded. Reality would be more bell-shaped than what’s here.
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Tho
usa
nd
To
nn
es
UK Crude Oil Production by start-up year of field(1975-2016 Actual & 2017-2024 Projected)
Source: DECC Annual Oil Prodn 1975-2016, Company Data 2017-2024
5
➢ Shell’s purchase of BG has moved them top of the gas rankings. Total’s startup of Laggan/Tormore and an increase in output from Elgin/Franklin has placed them second. Centrica has slipped down from top of the heap to number three.
➢ Centrica has stated the Rough Storage facility will be permanently closed. It isn’t clear what steps are being taken by UK plc to fill this gap in security of supply of gas.
➢ The price of Brent Crude averaged $43.73 per barrel in 2016 a fall 16.5%. The Heren Energy gas price fell by 26.6% in 2016 to an average of $4.93 per Million BTUs.
➢ Saudi Arabia and OPEC took steps in 2016 to control production with a view to raising prices. This was a modest success with prices back over $50.00 as this is written in August 2017. OPEC worked with Russia to control output.
➢ The main swing producer remains the USA where efforts to control production are illegal.
When oil hits $50 a culture of “drill baby drill” ensures they make little progress above this.
0
20,000,000
40,000,000
60,000,000
80,000,000
100,000,000
120,000,000
140,000,000
160,000,000
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
Tho
usa
nd
Cu
bic
Me
tre
s
UK Gas Production by start-up year of field(1975-2015 Actual & 2016-2023 Projected)
Source: DECC Annual Oil Prodn 1975-2015, Company Data 2016-2023
6
2) Operators in 2016 The following Companies operated oilfields on the UKCS in 2016. Click on the links to find further details regarding which fields they control:
• 4 GEN ENERGY
• A J LUCAS GROUP LTD
• ABERDEEN HYDROCARBON
DEVELOPMENT LIMITED
• ALBA MINERAL RESOURCES
• ALKANE ENERGY PLC
• ALPHA PETROLEUM UK HOLDINGS
• ALTWOOD PETROLEUM
• ANGUS ENERGY LIMITED
• ANTRIM ENERGY INC.
• APACHE CORPORATION
• ARDENT OIL
• ARENITE PETROLEUM LIMITED
• AREVON ENERGY
• ATLANTIC PETROLEUM P/F
• AURORA
• AZINOR PETROLEUM
• BAYERNGAS NORGE AS
• BHP BILLITON PETROLEUM
• BIOGAS TECHNOLOGY
• BLACKLAND PARK EXPLORATION
• BP EXPLORATION
• BRIDGE PETROLEUM GROUP
• BRIGANTES ENERGY
• BRITISH DRILLING AND FREEZING
COMPANY
• BROCKHAM CAPITAL LIMITED
• BURGATE E&P
• CAIRN ENERGY PLC
• CALENERGY GAS (HOLDINGS)
• CARSTONE EXPLORATION
• CELTIQUE ENERGY HOLDINGS
• CENTRICA
• CENTRICA STORAGE HOLDINGS
• CHEVRON CORPORATION
• CHRYSAOR HOLDINGS
• CIECO UK
• CIRQUE ENERGY (UK) LIMITED
• CLUFF NATURAL RESOURCES PLC
• CNOOC LIMITED
• CNR INTERNATIONAL
• COMTRACK VENTURES
• CONNAUGHT OIL & GAS LTD.
• CONOCOPHILLIPS
• CORALLIAN ENERGY
• CORFE ENERGY
• CORONATION
• CUADRILLA RESOURCES
• DANSK OLIE OG NATURGAS A/S
• DECIPHER ENERGY
• DESS EXPLORATION CONSULTING
LIMITED
• DNO ASA
• DORIEMUS PLC
• DRAUPNER ENERGY LIMITED
• DYAS B.V.
• ECORP INTERNATIONAL
• EDISON SPA
• EGDON RESOURCES
• EGERTON ENERGY VENTURES
• ENCOUNTER OIL
• ENDEAVOUR ENERGY
• ENERGY RESOURCE TECHNOLOGY
• ENGIE E&P
• ENI UK LIMITED
• ENQUEST PLC
• EOG RESOURCES INC.
• EUROPA OIL AND GAS
• EXXONMOBIL INTERNATIONAL
• FAROE PETROLEUM PLC
• FIRST OIL EXPRO
• GAS-UNION GMBH
• GAZPROM INTERNATIONAL
• GROLIFFE
• GTO LIMITED
• HANSA HYDROCARBONS
• HESS LIMITED
• HIBISCUS PETROLEUM
• HOLYWELL RESOURCES
• HORIZON ENERGY PARTNERS
• HORSE HILL DEVELOPMENTS LTD
• HURRICANE ENERGY
• HUTTON ENERGY LIMITED
• I3 ENERGY
• IDEMITSU KOSAN
• IGAS PLC
• INDEPENDENT OIL AND GAS
• INEOS INDUSTRIES
• IONA ENERGY COMPANY
• ITHACA ENERGY INC.
• JAPAN PETROLEUM EXPLORATION
CO.
• JERSEY OIL AND GAS PLC
• JETEX PETROLEUM
• JXTG HOLDINGS, INC.
• KIMMERIDGE ENERGY MANAGEMENT
LTD
• KOREA NATIONAL OIL CORPORATION
• KUWAIT PETROLEUM CORPORATION
• MAERSK GROUP
• MAGELLAN PETROLEUM
CORPORATION
• MARATHON OIL UK LIMITED
• UNION JACK OIL PLC
7
• MARUBENI OIL & GAS
• MITSUBISHI CORPORATION
• MITSUI E&P UK LIMITED
• MOL GROUP
• MONTROSE INDUSTRIES
• NATIONAL IRANIAN OIL CO.
• NOBEL UPSTREAM
• NOBLE ENERGY
• NORCROS GROUP (HOLDINGS)
LIMITED
• NORTH SEA ENERGY INC.
• NORTH SEA NATURAL RESOURCES
LTD
• NORWEGIAN ENERGY COMPANY ASA
• OK ENERGY LIMITED
• OMV (UK) LIMITED
• ONSHORE OILFIELD SERVICES
LIMITED
• ORANJE-NASSAU ENERGIE
• OSPREY OIL & GAS LIMITED
• PARKMEAD GROUP PLC
• PERENCO OIL & GAS
• PETRICHOR
• PETROFAC
• PETROGAS INTERNATIONAL
• PETRONAS ENERGY TRADING
• PING PETROLEUM LIMITED
• PREMIER OIL PLC
• REACH OIL & GAS
• REPSOL SINOPEC RESOURCES
• ROYAL DUTCH SHELL
• SCOTTISH AND SOUTHERN ENERGY
PLC
• SCOTTISH POWER PLC
• SERICA ENERGY
• SICCAR POINT ENERGY
• SOJITZ UK PLC
• SOLO
• SONOREX OIL AND GAS
• SOUTH WESTERN ENERGY LIMITED
• STATOIL ASA
• STEAM OIL PRODUCTION COMPANY
LTD
• STELINMATVIC INDUSTRIES
• SUMITOMO CORPORATION
• SUNCOR ENERGY INC.
• SWIFT EXPLORATION
• TAQA EUROPA B.V.
• TERRAIN ENERGY
• THE CHATSWORTH ESTATES
COMPANY
• THIRD ENERGY
• THIRD ENERGY OFFSHORE LIMITED
• TOTAL UPSTREAM UK LIMITED
• TULLOW UK
• U.K. ONSHORE GAS LIMITED
• UK OIL & GAS INVESTMENTS PLC
• UPLAND
• VERUS PETROLEUM
• WARWICK ENERGY
• WHALSAY ENERGY
• WINGAS GMBH
• WINTERSHALL B.V.
• YORKSHIRE EXPLORATION LIMITED
• ZENNOR PETROLEUM
Source: https://itportal.ogauthority.co.uk/information/licence_reports/databycompanyandblock.html
8
3) Oil Production
Oil Production by Field:
Field Name 2016 Production
(Tonnes) 2016 Production
(Barrels) Value $
2016 Production
(Barrels/day)
BUZZARD 7,495,770 54,943,994 $ 2,402,700,858 150,531
GOLDEN EAGLE 2,778,150 20,363,840 $ 890,510,723 55,791
FORTIES 1,888,290 13,841,166 $ 605,274,189 37,921
FRANKLIN 1,454,930 10,664,637 $ 466,364,576 29,218
FOINAVEN 1,373,340 10,066,582 $ 440,211,631 27,580
CAPTAIN 1,325,370 9,714,962 $ 424,835,288 26,616
BALLOCH 1,253,530 9,188,375 $ 401,807,639 25,174
CLAIR 1,069,350 7,838,336 $ 342,770,433 21,475
KINNOULL 990,580 7,260,951 $ 317,521,387 19,893
ALBA 811,240 5,946,389 $ 260,035,591 16,291
WYTCH FARM 754,800 5,532,684 $ 241,944,271 15,158
SHEARWATER 691,360 5,067,669 $ 221,609,165 13,884
MAGNUS 637,300 4,671,409 $ 204,280,716 12,798
ELGIN 596,890 4,375,204 $ 191,327,671 11,987
SCOTT 576,280 4,224,132 $ 184,721,292 11,573
NINIAN 547,450 4,012,809 $ 175,480,138 10,994
BLAKE 511,030 3,745,850 $ 163,806,021 10,263
JASMINE 508,440 3,726,865 $ 162,975,806 10,211
HUNTINGTON 490,560 3,595,805 $ 157,244,553 9,852
BERYL 483,300 3,542,589 $ 154,917,417 9,706
GANNET F 482,370 3,535,772 $ 154,619,310 9,687
MUNGO 468,260 3,432,346 $ 150,096,491 9,404
Enochdhu 440,650 3,229,965 $ 141,246,369 8,849
GANNET A 420,610 3,083,071 $ 134,822,695 8,447
MACHAR 417,540 3,060,568 $ 133,838,639 8,385
CLAYMORE 414,760 3,040,191 $ 132,947,552 8,329
PIERCE 397,850 2,916,241 $ 127,527,219 7,990
HARDING 391,620 2,870,575 $ 125,530,245 7,865
NELSON 386,480 2,832,898 $ 123,882,630 7,761
NEVIS 384,140 2,815,746 $ 123,132,573 7,714
Alma 382,080 2,800,646 $ 122,472,250 7,673
BITTERN 364,400 2,671,052 $ 116,805,104 7,318
MACLURE 361,440 2,649,355 $ 115,856,294 7,259
PEREGRINE 352,890 2,586,684 $ 113,115,691 7,087
Cladhan 328,950 2,411,204 $ 105,441,951 6,606
WEST BRAE 277,930 2,037,227 $ 89,087,937 5,581
PIPER 267,450 1,960,409 $ 85,728,686 5,371
9
CORMORANT NORTH 260,910 1,912,470 $ 83,632,313 5,240
TERN 259,690 1,903,528 $ 83,241,279 5,215
DONAN {MAERSK} 258,110 1,891,946 $ 82,734,799 5,183
GRYPHON 256,870 1,882,857 $ 82,337,337 5,159
THISTLE 231,210 1,694,769 $ 74,112,248 4,643
SOLAN 229,180 1,679,889 $ 73,461,546 4,602
CHESTNUT 226,450 1,659,879 $ 72,586,509 4,548
TULLICH 221,520 1,623,742 $ 71,006,238 4,449
BRODGAR 218,150 1,599,040 $ 69,926,019 4,381
CORMORANT SOUTH 204,040 1,495,613 $ 65,403,156 4,098
STATFJORD 202,670 1,485,571 $ 64,964,020 4,070
COOK 201,150 1,474,430 $ 64,476,824 4,040
ERSKINE 196,500 1,440,345 $ 62,986,287 3,946
DUNBAR 192,610 1,411,831 $ 61,739,370 3,868
DON SOUTH WEST 190,770 1,398,344 $ 61,149,583 3,831
STARLING 184,760 1,354,291 $ 59,223,145 3,710
KYLE 184,680 1,353,704 $ 59,197,476 3,709
CALLANISH 182,040 1,334,353 $ 58,351,257 3,656
ALWYN NORTH 173,680 1,273,074 $ 55,671,526 3,488
HEATHER {AND EXT} 172,800 1,266,624 $ 55,389,468 3,470
MADOES 168,270 1,233,419 $ 53,937,413 3,379
GUILLEMOT A 163,140 1,195,816 $ 52,293,034 3,276
BROOM 160,260 1,174,706 $ 51,369,893 3,218
GUILLEMOT W 158,600 1,162,538 $ 50,837,787 3,185
CONWY 158,390 1,160,999 $ 50,770,486 3,181
PENGUIN EAST 158,460 1,161,512 $ 50,792,920 3,182
BACCHUS 156,220 1,145,093 $ 50,074,917 3,137
DOUGLAS 152,420 1,117,239 $ 48,856,861 3,061
PELICAN 146,330 1,072,599 $ 46,904,754 2,939
THELMA 141,150 1,034,630 $ 45,244,370 2,835
EVEREST 140,540 1,030,158 $ 45,048,809 2,822
BRAE SOUTH 139,050 1,019,237 $ 44,571,234 2,792
DEVERON 137,940 1,011,100 $ 44,215,403 2,770
Solitaire 136,380 999,665 $ 43,715,350 2,739
BANFF 133,600 979,288 $ 42,824,264 2,683
JADE 130,340 955,392 $ 41,779,292 2,618
GUILLEMOT NW 127,960 937,947 $ 41,016,422 2,570
HOWE 124,090 909,580 $ 39,775,933 2,492
CLAPHAM 115,420 846,029 $ 36,996,848 2,318
BUCHAN 115,270 844,929 $ 36,948,745 2,315
TELFORD 113,250 830,123 $ 36,301,279 2,274
BLANE 112,630 825,578 $ 36,102,526 2,262
10
JOANNE 112,580 825,211 $ 36,086,477 2,261
GLENELG 112,350 823,526 $ 36,012,792 2,256
Ythan 111,660 818,468 $ 35,791,606 2,242
BRUCE 110,690 811,358 $ 35,480,685 2,223
HIGHLANDER 110,460 809,672 $ 35,406,957 2,218
Godwin 107,650 789,075 $ 34,506,250 2,162
TIFFANY 101,050 740,697 $ 32,390,680 2,029
BRITANNIA 100,550 737,032 $ 32,230,409 2,019
WEST DON 98,000 718,340 $ 31,413,008 1,968
JUDY 95,240 698,109 $ 30,528,307 1,913
CURLEW C 94,990 696,277 $ 30,448,193 1,908
ANDREW 91,490 670,622 $ 29,326,300 1,837
ORION 91,380 669,815 $ 29,291,010 1,835
SCAPA 87,500 641,375 $ 28,047,329 1,757
TWEEDSMUIR SOUTH 87,320 640,056 $ 27,989,649 1,754
MERGANSER 83,390 611,249 $ 26,729,919 1,675
LYELL 81,130 594,683 $ 26,005,488 1,629
ALDER 76,230 558,766 $ 24,434,837 1,531
DEVENICK 75,540 553,708 $ 24,213,651 1,517
TEAL 73,550 539,122 $ 23,575,805 1,477
Galia 70,260 515,006 $ 22,521,212 1,411
COLUMBA BD 70,130 514,053 $ 22,479,538 1,408
LOCHRANZA 69,920 512,514 $ 22,412,237 1,404
BOA 69,780 511,487 $ 22,367,327 1,401
GADWALL 67,410 494,115 $ 21,607,649 1,354
AUK 66,250 485,613 $ 21,235,856 1,330
ETTRICK 65,100 477,183 $ 20,867,213 1,307
BRAE CENTRAL 64,600 473,518 $ 20,706,942 1,297
HUDSON 62,100 455,193 $ 19,905,590 1,247
CURLEW 62,050 454,827 $ 19,889,585 1,246
BRENDA 59,950 439,434 $ 19,216,449 1,204
MALLARD 58,840 431,297 $ 18,860,618 1,182
FULMAR 56,880 416,930 $ 18,232,349 1,142
JANICE 55,660 407,988 $ 17,841,315 1,118
MONAN 55,360 405,789 $ 17,745,153 1,112
SAXON 55,240 404,909 $ 17,706,671 1,109
GOOSANDER 54,570 399,998 $ 17,491,913 1,096
EIDER 53,500 392,155 $ 17,148,938 1,074
AFFLECK 52,710 386,364 $ 16,895,698 1,059
ROCHELLE 51,310 376,102 $ 16,446,940 1,030
HERON 49,940 366,060 $ 16,007,804 1,003
ARBROATH 48,650 356,605 $ 15,594,337 977
11
CORMORANT EAST 48,500 355,505 $ 15,546,234 974
MAULE 48,460 355,212 $ 15,533,421 973
KINGFISHER 45,710 335,054 $ 14,651,911 918
TARTAN 44,570 326,698 $ 14,286,504 895
AUK NORTH 44,340 325,012 $ 14,212,775 890
ENOCH 43,910 321,860 $ 14,074,938 882
BURGHLEY 43,630 319,808 $ 13,985,204 876
SEYMOUR 43,390 318,049 $ 13,908,283 871
CRATHES 42,720 313,138 $ 13,693,525 858
PENGUIN WEST 42,230 309,546 $ 13,536,447 848
FARRAGON 41,820 306,541 $ 13,405,038 840
BUCKLAND 40,470 296,645 $ 12,972,286 813
GROUSE 40,000 293,200 $ 12,821,636 803
BRAEMAR 37,400 274,142 $ 11,988,230 751
KEITH 36,580 268,131 $ 11,725,369 735
FALCON 35,620 261,095 $ 11,417,684 715
WOOD 33,480 245,408 $ 10,731,692 672
ELLON 31,970 234,340 $ 10,247,688 642
WELTON 30,900 226,497 $ 9,904,714 621
GRANT 27,340 200,402 $ 8,763,579 549
JURA 26,550 194,612 $ 8,510,383 533
SCOLTY 25,730 188,601 $ 8,247,522 517
BALMORAL 25,640 187,941 $ 8,218,660 515
RHUM 25,590 187,575 $ 8,202,655 514
DUART 25,350 185,816 $ 8,125,734 509
SCOTER 25,180 184,569 $ 8,071,202 506
FIONN 24,590 180,245 $ 7,882,114 494
STRATHSPEY 24,300 178,119 $ 7,789,144 488
ARKWRIGHT 24,200 177,386 $ 7,757,090 486
CLYDE 22,960 168,297 $ 7,359,628 461
SINGLETON 22,230 162,946 $ 7,125,629 446
GANNET C 21,870 160,307 $ 7,010,225 439
LOMOND 21,180 155,249 $ 6,789,039 425
BLACKBIRD 21,070 154,443 $ 6,753,792 423
FLEMING 20,920 153,344 $ 6,705,733 420
BRAE EAST 20,560 150,705 $ 6,590,330 413
BEAULY 19,080 139,856 $ 6,115,903 383
MARNOCK 18,970 139,050 $ 6,080,657 381
ROSS 18,910 138,610 $ 6,061,415 380
TWEEDSMUIR 18,820 137,951 $ 6,032,597 378
NICOL 18,460 135,312 $ 5,917,194 371
BRENT 18,300 134,139 $ 5,865,898 368
12
SYCAMORE 16,970 124,390 $ 5,439,575 341
DOUGLAS WEST 16,300 119,479 $ 5,224,817 327
BRAE NORTH 15,010 110,023 $ 4,811,306 301
STOCKBRIDGE 14,930 109,437 $ 4,785,680 300
SKENE 13,330 97,709 $ 4,272,815 268
TONTO 12,860 94,264 $ 4,122,165 258
JAMES 12,450 91,259 $ 3,990,756 250
STIRLING 12,370 90,672 $ 3,965,087 248
HUMBLY GROVE 11,930 87,447 $ 3,824,057 240
PICT 10,690 78,358 $ 3,426,595 215
COLUMBA E 10,210 74,839 $ 3,272,709 205
LENNOX 9,330 68,389 $ 2,990,651 187
BEINN 7,550 55,342 $ 2,420,106 152
CAUSEWAY 7,500 54,975 $ 2,404,057 151
NESS 7,410 54,315 $ 2,375,195 149
CONRIE 7,310 53,582 $ 2,343,141 147
HORNDEAN 6,460 47,352 $ 2,070,703 130
MONTROSE 6,300 46,179 $ 2,019,408 127
GLENTWORTH 5,560 40,755 $ 1,782,216 112
DRAKE 5,380 39,435 $ 1,724,493 108
LARCH 4,720 34,598 $ 1,512,971 95
BECKINGHAM 4,650 34,085 $ 1,490,537 93
WHISBY 4,590 33,645 $ 1,471,296 92
HALLEY 4,540 33,278 $ 1,455,247 91
WAREHAM 4,150 30,420 $ 1,330,267 83
COLD HANWORTH 3,950 28,954 $ 1,266,158 79
BIRCH 3,890 28,514 $ 1,246,917 78
SCAMPTON NORTH 3,850 28,221 $ 1,234,104 77
GAINSBOROUGH 3,210 23,529 $ 1,028,923 64
CYRUS 3,200 23,456 $ 1,025,731 64
KIMMERIDGE 3,060 22,430 $ 980,864 61
ISLAY 2,970 21,770 $ 952,002 60
CORRINGHAM 2,820 20,671 $ 903,943 57
WEST FIRSBY 2,810 20,597 $ 900,707 56
PALMERS WOOD 2,770 20,304 $ 887,894 56
LONG CLAWSON 2,670 19,571 $ 855,840 54
MARIA 2,410 17,665 $ 772,490 48
AVINGTON 2,300 16,859 $ 737,244 46
ATHENA 1,830 13,414 $ 586,594 37
KEDDINGTON 1,610 11,801 $ 516,058 32
EAST GLENTWORTH 1,570 11,508 $ 503,245 32
MEDWIN 1,530 11,215 $ 490,432 31
13
BOTHAMSALL 1,490 10,922 $ 477,619 30
CARNOUSTIE 1,440 10,555 $ 461,570 29
CROSBY WARREN 1,350 9,896 $ 432,752 27
LOIRSTON 1,340 9,822 $ 429,516 27
GOODWORTH 1,280 9,382 $ 410,275 26
BLETCHINGLEY 1,260 9,236 $ 403,890 25
FISKERTON AIRFIELD 1,190 8,723 $ 381,457 24
LEVEN 1,080 7,916 $ 346,167 22
STORRINGTON 960 7,037 $ 307,728 19
BRECHIN 940 6,890 $ 301,300 19
WEST BECKINGHAM 530 3,885 $ 169,891 11
FARLEYS WOOD 500 3,665 $ 160,270 10
REMPSTONE 450 3,299 $ 144,265 9
EGMANTON 330 2,419 $ 105,783 7
STAINTON 210 1,539 $ 67,300 4
NETHAN 140 1,026 $ 44,867 3
MIRREN 110 806 $ 35,246 2
NEWTON ON TRENT 60 440 $ 19,241 1
BROCKHAM 50 367 $ 16,049 1
OTTER 50 367 $ 16,049 1
SOUTH LEVERTON 50 367 $ 16,049 1
NETTLEHAM 20 147 $ 6,428 -
Total All Fields 44,925,120.00
329,301,130 $ 14,400,338,415
902,195
Note: Oil price per barrel $43.73 is taken from BP Statistical Review of World Energy 2017 page 20. No attempt has been made to determine the quality of oil in each field and to adjust accordingly. Sales value is therefore an approximation based on an average price for Brent Crude in 2016.
14
7,4
95
,77
0
2,7
78
,15
0
1,8
88
,29
0
1,4
54
,93
0
1,3
73
,34
0
1,3
25
,37
0
1,2
53
,53
0
1,0
69
,35
0
99
0,5
80
81
1,2
40
75
4,8
00
69
1,3
60
63
7,3
00
59
6,8
90
57
6,2
80
54
7,4
50
51
1,0
30
50
8,4
40
49
0,5
60
48
3,3
00
North Sea Oil Output by FieldTop 20 Annual Total (Tonnes) 2016
Source: Adapted from OGA https://www.ogauthority.co.uk/data-centre/data-downloads-and-publications/production-data/
15
8,1
51
,73
8
2,1
96
,39
3
2,0
57
,16
6
1,4
36
,87
1
1,4
02
,85
2
1,2
88
,25
0
1,1
63
,19
2
96
9,9
13
90
5,4
53
88
3,9
57
77
8,5
10
66
7,6
05
58
8,0
51
57
0,5
85
54
7,6
42
48
8,6
30
46
9,7
15
45
2,8
31
44
7,2
25
44
0,8
10
North Sea Oil Output by FieldTop 20 Annual Total (Tonnes) 2015
Source: Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 May 2016 https://itportal.decc.gov.uk/pprs/full_production.htm
16
7,7
17
,83
0
1,9
07
,04
0
1,7
64
,72
0
1,1
49
,84
0
88
0,5
20
87
0,1
40
83
1,8
90
83
1,5
90
67
5,6
80
64
3,8
60
57
6,7
10
56
8,6
80
56
6,0
00
56
1,8
20
52
2,2
90
49
9,3
60
47
9,4
80
42
7,5
90
42
0,8
20
39
2,8
20
North Sea Oil Output by FieldTop 20 Annual Total (Tonnes) 2014
Source: Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 May 2015 https://itportal.decc.gov.uk/pprs/full_production.htm
17
9,0
83
,08
0
1,9
80
,79
0
1,5
70
,45
0
1,3
57
,16
0
91
1,4
90
82
3,2
50
58
3,6
50
54
5,1
00
54
0,7
10
54
0,3
00
52
7,9
50
52
5,6
90
46
5,4
00
46
0,8
00
44
0,8
20
43
5,4
90
43
5,2
60
43
5,0
90
43
2,0
70
41
7,7
40
North Sea Oil Output by FieldTop 20 Annual Total (Tonnes) 2013
Source: Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 June 2014 https://www.og.decc.gov.uk/pprs/full_production.htm
18
9,1
41
,11
1.
3,0
42
,65
2.
2,6
58
,10
5.
2,2
61
,63
8.
1,9
69
,38
9.
1,9
67
,28
9.
1,7
58
,75
8.
1,5
80
,38
2.
1,3
05
,92
9.
1,1
47
,19
5.
93
5,5
32
.
90
2,2
96
.
89
4,1
82
.
81
5,7
92
.
80
3,3
24
.
78
6,2
57
.
64
9,0
57
.
61
7,7
42
.
61
1,3
49
.
58
2,2
91
.
UKCS Oil Output by FieldTop 20 Annual Total (Tonnes) 2009
19
Oil Production by Company:
Equity Holder Tonnes
2016 Production
(Barrels) Value $ 2016 Production
(Barrels/day)
SHELL U.K. LIMITED 5,247,994 38,467,796 $1,682,196,720 105,391
NEXEN PETROLEUM U.K. LIMITED 4,865,883 35,666,922 $1,559,714,499 97,718
BP 4,026,241 29,512,347 $1,290,574,934 80,856
MAERSK OIL 3,572,720 26,188,038 $1,145,202,902 71,748
SUNCOR ENERGY UK LIMITED 3,112,651 22,815,732 $997,731,960 62,509
APACHE 2,629,150 19,271,670 $842,750,129 52,799
CHEVRON NORTH SEA LIMITED 2,175,690 15,947,808 $697,397,644 43,693
TAQA BRATANI LIMITED 1,895,354 13,892,945 $607,538,485 38,063
REPSOL SINOPEC ENERGY UK LTD 1,684,246 12,345,523 $539,869,721 33,823
ESSO E&P UK LIMITED 1,646,071 12,065,700 $527,633,061 33,057
TOTAL E&P UK LIMITED 1,526,733 11,190,953 $489,380,375 30,660
ENQUEST 1,273,066 9,331,574 $408,069,731 25,566
CONOCOPHILLIPS (U.K.) LIMITED 1,178,770 8,640,384 $377,843,992 23,672
DANA PETROLEUM (E&P) LIMITED 1,167,835 8,560,231 $374,338,902 23,453
CNR 1,094,811 8,024,965 $350,931,719 21,986
ENI 881,115 6,458,573 $282,433,397 17,695
PREMIER OIL UK LIMITED 835,517 6,124,340 $267,817,388 16,779
MARATHON OIL U.K. LLC 599,520 4,394,482 $192,170,698 12,040
CENTRICA 593,403 4,349,644 $190,209,932 11,917
DYAS EOG LIMITED 545,888 4,001,359 $174,979,429 10,963
JX NIPPON E & P (U.K.) LIMITED 451,071 3,306,350 $144,586,686 9,058
ITHACA ENERGY (UK) LIMITED 393,025 2,880,873 $125,980,576 7,893
PERENCO UK LIMITED 383,228 2,809,061 $122,840,238 7,696
MOL OPERATIONS UK LTD 326,221 2,391,200 $104,567,176 6,551
ENDEAVOUR ENERGY UK LIMITED 291,004 2,133,059 $93,278,670 5,844
E.ON E&P UK LIMITED 259,822 1,904,495 $83,283,566 5,218
IDEMITSU PETROLEUM UK LTD. 252,000 1,847,160 $80,776,307 5,061
RIGEL PETROLEUM (NI) LIMITED 186,672 1,368,306 $59,836,021 3,749
TRANSWORLD PETROLEUM (U.K.)
LIMITED
175,858 1,289,039 $56,369,675 3,532
EOG Resources UK Ltd 158,390 1,160,999 $50,770,486 3,181
Kuwait Foreign Petroleum Explorn Coy 158,319 1,160,478 $50,747,703 3,179
STATOIL (U.K.) LIMITED 137,911 1,010,888 $44,206,132 2,770
MITSUI E&P UK LIMITED 116,914 856,980 $37,475,735 2,348
IGAS ENERGY plc 105,939 776,533 $33,957,788 2,127
MARUBENI OIL & GAS (U.K.) LIMITED 103,341 757,490 $33,125,038 2,075
FIRST OIL 98,836 724,468 $31,680,986 1,985
NORECO OIL (UK) LIMITED 98,112 719,161 $31,448,911 1,970
EDISON E&P UK LTD 78,073 572,275 $25,025,586 1,568
IONA UK HUNTINGTON LIMITED 73,584 539,371 $23,586,694 1,478
20
ZENNOR NORTH SEA LIMITED 51,366 376,513 $16,464,913 1,032
ORANJE-NASSAU ENERGIE HANZE (UK)
LTD
49,514 362,938 $15,871,279 994
FAROE PETROLEUM (U.K.) LIMITED 48,485 355,395 $15,541,423 974
SUMMIT E&P LIMITED 44,935 329,374 $14,403,525 902
ANASURIA HIBISCUS UK LIMITED 38,882 285,005 $12,463,269 781
PING PETROLEUM UK LIMITED 38,882 285,005 $12,463,269 781
SERICA ENERGY (UK) LIMITED 35,370 259,262 $11,337,527 710
SOJITZ ENERGY PROJECT LIMITED 34,677 254,182 $11,115,379 696
OMV (U.K.) LIMITED 32,078 235,132 $10,282,322 644
BHP BILLITON PETROLEUM GB LTD 29,353 215,157 $9,408,816 589
CIECO E&P (UK) LIMITED 16,003 117,302 $5,129,616 321
VERUS PETROLEUM (PRODUCTION) LTD 14,615 107,128 $4,684,707 294
IRANIAN OIL COMPANY (U.K.) LIMITED 12,795 93,787 $4,101,306 257
HUMBLY GROVE ENERGY LIMITED 11,930 87,447 $3,824,057 240
EQ PETROLEUM SABAH LTD 9,735 71,358 $3,120,485 196
INEOS UK SNS LIMITED 8,536 62,569 $2,736,142 171
ATLANTIC PETROLEUM NORTH SEA
LIMITED
7,362 53,963 $2,359,802 148
EDINBURGH OIL & GAS LIMITED 7,105 52,080 $2,277,458 143
STERLING RESOURCES (UK) PLC 6,579 48,224 $2,108,836 132
BLACKLAND PARK EXPLORATION
LIMITED
4,590 33,645 $1,471,296 92
ENGIE E&P UK LTD 4,373 32,054 $1,401,721 88
EUROPA OIL & GAS LIMITED 4,160 30,493 $1,333,459 84
STAR ENERGY OIL & GAS LIMITED 3,970 29,100 $1,272,543 80
EGDON RESOURCES U.K. LIMITED 2,285 16,749 $732,434 46
CIRQUE ENERGY (UK) LIMITED 1,190 8,723 $381,457 24
BRIDGE ENERGY (SNS) LIMITED 1,082 7,931 $346,823 22
UKOG (GB) LIMITED 646 4,735 $207,062 13
DART ENERGY LIMITED 562 4,119 $180,124 11
ONSHORE PRODUCTION SERVICES LTD 500 3,665 $160,270 10
ECORP OIL & GAS UK LIMITED 433 3,174 $138,799 9
PARKMEAD (E&P) LIMITED 366 2,683 $117,328 7
SPIKE EXPLORATION UK LTD 275 2,016 $88,160 6
TRAP OIL LTD 275 2,016 $88,160 6
TERRAIN ENERGY LIMITED 252 1,847 $80,769 5
IS E&P Limited 230 1,686 $73,729 5
AURORA EXPLORATION 192 1,407 $61,528 4
ZEUS PETROLEUM LIMITED 183 1,341 $58,642 4
NAUTICAL PETROLEUM LIMITED 161 1,180 $51,601 3
Northern Petroleum 115 843 $36,864 2
ALTAQUEST ENERGY CORP (UK) LTD 60 440 $19,241 1
21
ANGUS ENERGY WEALD BASIN NO.3 LTD 30 220 $9,621 1
DORIEMUS PLC 5 37 $1,618 -
BROCKHAM CAPITAL LIMITED 5 37 $1,618 -
BG INTERNATIONAL LIMITED 0 - $- -
FAIRFIELD 0 - $- -
MCX 0 - $- -
Antrim Resources Limited 0 - $- -
NOBLE ENERGY (OILEX) LIMITED 0 - $- -
44,925,120 329,301,134 14,400,338,590 902,199
Note: Oil price ($43.73) is taken from BP Statistical Review of World Energy 2017 page 20. No attempt has been made to determine the quality of oil in each field and to adjust accordingly. Sales value is therefore an approximation based on an average Brent price for 2016.
22
5,2
47,9
94
4,8
65,8
83
4,0
26,2
41
3,5
72,7
20
3,1
12,6
51
2,6
29,1
50
2,1
75,6
90
1,8
95,3
54
1,6
84,2
46
1,6
46,0
71
1,5
26,7
33
1,2
73,0
66
1,1
78,7
70
1,1
67,8
35
1,0
94,8
11
881,
115
835,
517
599,
520
593,
403
545,
888
SHEL
L U
.K.
LIM
ITED
NEX
EN P
ETR
OLE
UM
U.K
. LIM
ITED B
P
MA
ERSK
OIL
SUN
CO
R E
NER
GY
UK
LIM
ITED
AP
AC
HE
CH
EVR
ON
NO
RTH
SEA
LIM
ITED
TAQ
A B
RA
TAN
I LIM
ITED
REP
SOL
SIN
OP
EC E
NER
GY
UK
LTD
ESSO
E&
P U
K L
IMIT
ED
TOTA
L E&
P U
K L
IMIT
ED
ENQ
UES
T
CO
NO
CO
PH
ILLI
PS
(U.K
.) L
IMIT
ED
DA
NA
PET
RO
LEU
M (
E&P
) LI
MIT
ED
CN
R
ENI
PR
EMIE
R O
IL U
K L
IMIT
ED
MA
RA
THO
N O
IL U
.K. L
LC
CEN
TRIC
A
DY
AS
EOG
LIM
ITED
UKCS Oil Output by CompanyAnnual Total (Tonnes) 2016
Source: Adapted from OGA https://www.ogauthority.co.uk/data-centre/data-downloads-and-publications/production-data/
23
5,1
20,5
78
3,6
71,0
52
3,4
34,7
71
3,1
31,7
32
2,8
43,6
06
2,8
16,1
08
2,4
56,2
85
2,2
15,0
98
2,0
01,6
66
1,6
55,1
71
1,4
65,0
33
1,2
46,7
26
1,1
67,6
92
1,1
28,5
52
1,0
49,4
27
1,0
32,3
60
1,0
29,9
31
707,
634
640,
181
627,
493
NEX
EN P
ETR
OLE
UM
U.K
. LIM
ITED B
P
MA
ERSK
OIL
NO
RTH
SEA
UK
LIM
ITED
SUN
CO
R E
NER
GY
UK
LIM
ITED
BG
INTE
RN
ATI
ON
AL
LIM
ITED
AP
AC
HE
SHEL
L U
.K.
LIM
ITED
TAQ
A B
RA
TAN
I LIM
ITED
CH
EVR
ON
NO
RTH
SEA
LIM
ITED
REP
SOL
SIN
OP
EC E
NER
GY
UK
LTD
ESSO
E&
P U
K L
IMIT
ED
CO
NO
CO
PH
ILLI
PS
(U.K
.) L
IMIT
ED
TOTA
L E&
P U
K L
IMIT
ED
ENQ
UES
T
DA
NA
PET
RO
LEU
M (
E&P
) LI
MIT
ED
ENI
CN
R
PR
EMIE
R O
IL U
K L
IMIT
ED
MA
RA
THO
N O
IL U
.K. L
LC
CEN
TRIC
A
UKCS Oil Output by CompanyAnnual Total (Tonnes) 2015
Source: Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 May 2016 https://itportal.decc.gov.uk/pprs/full_production.htm
24
4,3
50,0
70
2,8
92,3
68
2,8
61,9
71
2,4
70,3
60
2,3
35,0
90
2,3
70,3
21
1,9
92,3
21
1,6
15,4
64
1,6
04,5
22
1,4
56,9
90
1,4
26,5
29
1,1
73,5
43
1,1
50,0
97
986,
743
922,
963
840,
078
806,
071
674,
090
633,
852
481,
906
NEX
EN P
ETR
OLE
UM
AP
AC
HE
BG
INTE
RN
ATI
ON
AL
LIM
ITED
TAQ
A B
RA
TAN
I LIM
ITED
SUN
CO
R E
NER
GY
UK
LIM
ITED B
P
MA
ERSK
OIL
NO
RTH
SEA
SHEL
L U
.K. L
IMIT
ED
CH
EVR
ON
NO
RTH
SEA
LIM
ITED
CO
NO
CO
PH
ILLI
PS
(U.K
.) L
IMIT
ED
TALI
SMA
N S
INO
PEC
ENI
ENQ
UES
T
TOTA
L E&
P U
K L
IMIT
ED
ESSO
E&
P U
K L
IMIT
ED
CN
R
DA
NA
PET
RO
LEU
M (
E&P
) LI
MIT
ED
PR
EMIE
R O
IL U
K L
IMIT
ED
CEN
TRIC
A
MA
RA
THO
N O
IL U
.K. L
LC
UKCS Oil Output by CompanyAnnual Total (Tonnes) 2014
Source: Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 May 2015 https://itportal.decc.gov.uk/pprs/full_production.htm
25
4,9
11,0
22
3,0
56,1
57
2,4
39,0
68
2,7
41,3
46
2,7
15,8
41
2,1
07,3
86
1,9
89,0
35
1,5
84,2
83
1,4
72,4
37
1,1
35,8
25
1,0
12,5
29
959,
022
879,
647
845,
612
876,
672
731,
156
818,
904
758,
549
670,
194
626,
095
NEX
EN
AP
AC
HE
NO
RTH
SEA
LIM
ITED BP
BG
Gro
up
SUN
CO
R E
NER
GY
UK
LIM
ITED
TAQ
A B
RA
TAN
I
CH
EVR
ON
NO
RTH
SEA
LIM
ITED
TALI
SMA
N S
INO
PEC
EN
ERG
Y U
K L
IMIT
ED
MA
ERSK
OIL
ENQ
UES
T
DA
NA
PET
RO
LEU
M
CO
NO
CO
PH
ILLI
PS
(U.K
.) L
IMIT
ED
CN
R IN
TER
NA
TIO
NA
L
CEN
TRIC
A R
ESO
UR
CES
LIM
ITED
SHEL
L
TOTA
L E&
P U
K L
IMIT
ED
ESSO
EX
PLO
RA
TIO
N A
ND
PR
OD
UC
TIO
N U
K L
IMIT
ED
ENTE
RP
RIS
E O
IL L
IMIT
ED
MA
RA
THO
N O
IL
PR
EMIE
R O
IL
UKCS Oil Output by CompanyAnnual Total (Tonnes) 2013
Source: Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 June 2014 https://www.og.decc.gov.uk/pprs/full_production.htm
26
6,8
10
,55
1
4,8
37
,89
3
4,0
21
,04
9
3,5
08
,66
5
3,4
61
,34
0
3,2
82
,48
8
3,1
85
,01
1
3,0
61
,32
9
3,0
43
,07
7
2,9
55
,63
2
2,8
69
,21
0
2,2
73
,10
1
1,7
33
,08
0
1,6
91
,33
4
1,6
07
,22
6
1,3
75
,38
0
1,0
49
,07
2
95
6,3
53
70
1,6
62
70
0,2
13
UKCS Oil Output by CompanyTop 20 Annual Total (Tonnes) 2009
27
Change in Output Per Company
Equity Holder Tonnes 2016 Tonnes 2015 Difference
SHELL 5,247,994 2,456,285 2,791,709
TOTAL E&P UK LIMITED 1,526,733 1,167,692 359,041
BP 4,026,241 3,671,052 355,189
ESSO E & P UK LIMITED 1,646,071 1,465,033 181,038
CHEVRON NORTH SEA LIMITED 2,175,690 2,001,666 174,024
MOL OPERATIONS UK LIMITED 326,221 153,764 172,457
RIGEL PETROLEUM (NI) LIMITED 186,672 15,980 170,692
EOG Resources UK Ltd 158,390 0 158,390
IDEMITSU PETROLEUM UK LTD. 252,000 105,579 146,421
ENQUEST 1,273,066 1,128,552 144,514
MAERSK OIL 3,572,720 3,434,771 137,949
Kuwait Foreign Petroleum Explorn Coy 158,319 28,651 129,668
PREMIER OIL 835,517 707,634 127,883
DANA PETROLEUM 1,167,835 1,049,427 118,408
CNR INTERNATIONAL 1,094,811 1,029,931 64,880
ZENNOR NORTH SEA LIMITED 51,366 0 51,366
ANASURIA HIBISCUS UK LIMITED 38,882 0 38,882
PING PETROLEUM UK LIMITED 38,882 0 38,882
REPSOL SINOPEC ENERGY UK LTD 1,684,246 1,655,171 29,075
STATOIL (U.K.) LIMITED 137,911 113,493 24,418
MARUBENI OIL & GAS 103,341 80,999 22,342
E.ON E&P 259,822 241,171 18,651
MITSUI E&P UK LIMITED 116,914 98,918 17,996
SUMMIT PETROLEUM 44,935 35,854 9,081
FAROE PETROLEUM (U.K.) LIMITED 48,485 40,654 7,831
BHP BILLITON 29,353 21,723 7,630
EDINBURGH OIL & GAS LIMITED 7,105 429 6,676
STERLING RESOURCES (UK) PLC 6,579 512 6,067
BLACKLAND PARK EXPLORATION LIMITED 4,590 450 4,140
STAR ENERGY OIL & GAS LIMITED 3,970 0 3,970
CIECO EXPLORATION AND PRODUCTION (UK) LIMITED 16,003 12,673 3,330
EQ PETROLEUM SABAH LTD 9,735 8,011 1,724
CIRQUE ENERGY (UK) LIMITED 1,190 692 498
BRIDGE ENERGY 1,082 977 105
NAUTICAL PETROLEUM LIMITED 161 128 33
ALTAQUEST ENERGY CORP (UK) LTD 60 60 0
EWE VERTRIEB GMBH 0 0 0
WINTERSHALL 0 0 0
28
SCHIEHALLION OIL & GAS LIMITED 0 0 0
PALADIN RESOURCES 0 0 0
MURPHY PETROLEUM LIMITED 0 0 0
NORTH SEA ENERGY (UK) LIMITED 0 0 0
FINA EXPLORATION LIMITED 0 0 0
DORSET EXPLORATION 0 0 0
UK OIL & GAS INVESTMENTS plc 0 0 0
CAIRN ENERGY plc 0 0 0
NIPPON OIL 0 0 0
ALBA RESOURCES LIMITED 0 0 0
RWE DEA UK SNS LIMITED 0 0 0
ROC OIL (GB) LIMITED 0 0 0
VALIANT EXPLORATION LIMITED 0 0 0
ONSHORE PRODUCTION SERVICES LIMITED 500 535 -35
Northern Petroleum plc 115 154 -39
AURORA EXPLORATION 192 257 -65
UKOG (GB) LIMITED 646 714 -68
IS E&P Limited 230 308 -78
EGDON RESOURCES 2,285 2,398 -113
ECORP OIL & GAS UK LIMITED 433 569 -136
BROCKHAM CAPITAL LIMITED 5 164 -159
DART ENERGY LIMITED 562 737 -175
DORIEMUS PLC 5 231 -226
TERRAIN ENERGY LIMITED 252 521 -269
EUROPA OIL & GAS LIMITED 4,160 4,435 -275
ORANJE-NASSAU ENERGIE HANZE (UK) LIMITED 49,514 50,053 -539
ANGUS ENERGY 30 918 -888
EDISON E&P UK LTD 78,073 79,039 -966
HUMBLY GROVE ENERGY LIMITED 11,930 12,966 -1,036
TRANSWORLD PETROLEUM (U.K.) LIMITED 175,858 177,008 -1,150
OMV (U.K.) LIMITED 32,078 33,700 -1,622
SERICA ENERGY (UK) LIMITED 35,370 37,853 -2,483
IRANIAN OIL COMPANY (U.K.) LIMITED 12,795 15,645 -2,850
INEOS UK SNS LIMITED 8,536 13,010 -4,474
ENDEAVOUR ENERGY UK LIMITED 291,004 298,221 -7,217
PERENCO 383,228 394,626 -11,398
NOBLE ENERGY (OILEX) LIMITED 0 13,508 -13,508
Igas Energy plc 105,939 120,314 -14,375
IONA UK HUNTINGTON LIMITED 73,584 88,208 -14,624
SUNCOR ENERGY UK LIMITED 3,112,651 3,131,732 -19,081
NORECO OIL (UK) LIMITED 98,112 117,610 -19,498
ZEUS PETROLEUM LIMITED 183 20,715 -20,532
29
VERUS PETROLEUM (PRODUCTION) LTD 14,615 37,824 -23,209
SOJITZ ENERGY PROJECT LIMITED 34,677 63,412 -28,735
SPIKE EXPLORATION UK LTD 275 31,072 -30,797
TRAP OIL LTD 275 31,072 -30,797
DYAS UK LIMITED 545,888 578,193 -32,305
CENTRICA RESOURCES LIMITED 593,403 627,493 -34,090
Antrim Resources Limited 0 34,947 -34,947
MARATHON OIL 599,520 640,181 -40,661
PARKMEAD (E&P) LIMITED 366 41,430 -41,064
MCX (MITSUBISHI) 0 43,160 -43,160
ATLANTIC PETROLEUM UK LIMITED 7,362 66,621 -59,259
FIRST OIL AND GAS 98,836 158,567 -59,731
JX NIPPON EXPLORATION AND PRODUCTION (U.K.) LIMITED 451,071 514,979 -63,908
CONOCOPHILLIPS (U.K.) LIMITED 1,178,770 1,246,726 -67,956
FAIRFIELD 0 100,708 -100,708
ENI 881,115 1,032,360 -151,245
ITHACA 393,025 549,827 -156,802
ENGIE E&P UK LTD 4,373 176,439 -172,066
APACHE NORTH SEA LIMITED 2,629,150 2,816,108 -186,958
NEXEN 4,865,883 5,120,578 -254,695
TAQA BRATANI 1,895,354 2,215,098 -319,744
BG Group 0 2,843,606 -2,843,606
44,925,120 44,314,482 610,638
30
2,7
91
,70
9
35
9,0
41
35
5,1
89
18
1,0
38
17
4,0
24
17
2,4
57
17
0,6
92
15
8,3
90
14
6,4
21
14
4,5
14
-63
,90
8
-67
,95
6
-10
0,7
08
-15
1,2
45
-15
6,8
02
-17
2,0
66
-18
6,9
58
-25
4,6
95
-31
9,7
44
-2,8
43
,60
6
SHEL
L
TOTA
L E&
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K L
IMIT
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ESSO
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IMIT
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LTD
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U.K
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PS
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.) L
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&P
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LTD
AP
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SEA
LTD
NEX
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up
UKCS Oil Output by CompanyProduction Change in Tonnes 2016v2015
Source: Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 June 2016 https://itportal.decc.gov.uk/pprs/full_production.htm and Adapted from OGA https://www.ogauthority.co.uk/data-centre/data-downloads-and-publications/production-data/
31
1,44
2,45
0
1,30
0,73
1
840,
821
796,
642
770,
508
542,
070
513,
776
397,
144
308,
748
272,
857
-36,
195
-49,
942
-56,
683
-71,
091
-76,
260
-132
,259
-141
,183
-210
,264
-255
,262
-403
,171
MA
ERSK
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BP
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GY
UK
LIM
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JX N
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.K.)
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RA
TAN
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BU
RG
H O
IL &
GA
S LI
MIT
ED
UKCS Oil Output by CompanyProduction Change in Tonnes 2015v2014
Source: Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 May 2015 https://www.og.decc.gov.uk/pprs/full_production.htm and Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 June2016 https://itportal.decc.gov.uk/pprs/full_production.htm
32
4) Gas Production
Gas Production by Field 2016 (000’s Cubic Meters) Field CuM 000's MM BTUs Value $
LAGGAN 3,263,619 115,253,617 $ 540,539,464
FRANKLIN 2,620,067 92,526,793 $ 433,950,659
ROUGH STORAGE 2,514,081 88,783,933 $ 416,396,646
BRITANNIA 1,768,825 62,465,465 $ 407,899,486
JASMINE 1,616,517 57,086,759 $ 372,776,536
BRITANNIA 1,360,721 48,053,409 $ 225,370,488
AVIAT 1,328,093 46,901,162 $ 219,966,450
JASMINE 993,287 35,077,599 $ 164,513,939
SHEARWATER 945,285 33,382,425 $ 156,563,573
BRODGAR 908,982 32,100,396 $ 150,550,857
RHUM 886,371 31,301,896 $ 146,805,892
EVEREST 866,746 30,608,846 $ 143,555,488
LENNOX 822,261 29,037,873 $ 136,187,624
LEMAN {SHELL} 821,025 28,994,224 $ 135,982,911
BRUCE 782,428 27,631,184 $ 129,590,253
CLIPPER SOUTH 759,368 26,816,828 $ 125,770,923
BREAGH 758,961 26,802,455 $ 125,703,514
WINGATE 731,376 25,828,300 $ 121,134,727
JURA 715,589 25,270,787 $ 118,519,991
SEAN 713,547 25,198,674 $ 118,181,781
BERYL 710,246 25,082,101 $ 117,635,054
ELGIN 701,961 24,789,519 $ 116,262,844
NEVIS 635,019 22,425,484 $ 105,175,520
STARLING 530,007 18,717,021 $ 87,782,828
GALLEON 500,741 17,683,502 $ 82,935,624
LEMAN PERENCO 496,673 17,539,841 $ 82,261,854
BANFF 496,106 17,519,818 $ 82,167,946
ROCHELLE 473,122 16,708,146 $ 78,361,205
CHISWICK 471,795 16,661,283 $ 78,141,417
JADE 463,259 16,359,837 $ 76,727,636
ALWYN NORTH 442,566 15,629,071 $ 73,300,343
BARQUE 433,738 15,317,313 $ 71,838,198
MORECAMBE NORTH 421,547 14,886,792 $ 69,819,054
TORMORE 413,693 14,609,430 $ 68,518,227
BRIGANTINEC 402,205 14,203,736 $ 66,615,522
DEVENICK 396,493 14,002,018 $ 65,669,464
BABBAGE 387,241 13,675,287 $ 64,137,096
STATFJORD 374,504 13,225,484 $ 62,027,520
BUZZARD 369,399 13,045,203 $ 61,182,002
WEST SOLE 366,004 12,925,309 $ 60,619,699
CALDER 359,195 12,684,852 $ 59,491,956
CARRACK 358,774 12,669,984 $ 59,422,225
MAGNUS 348,953 12,323,159 $ 57,795,616
BRAE EAST 342,604 12,098,946 $ 56,744,057
MORECAMBE SOUTH 304,107 10,739,437 $ 50,367,960
33
PIERCE 301,335 10,641,545 $ 49,908,846
ERSKINE 299,401 10,573,247 $ 49,588,528
FOINAVEN 296,547 10,472,458 $ 49,115,828
JUDY 280,477 9,904,952 $ 46,454,225
LOMOND 275,180 9,717,890 $ 45,576,904
SATURN {ATLAS, HYPERION, RHEA}
274,484 9,693,311 $ 45,461,629
FLEMING 271,124 9,574,654 $ 44,905,127
DUNBAR 261,911 9,249,300 $ 43,379,217
LEMAN SOUTH 250,737 8,854,694 $ 41,528,515
GRANT 249,088 8,796,460 $ 41,255,397
KEW 246,885 8,718,661 $ 40,890,520
GROVE 239,997 8,475,414 $ 39,749,692
CURLEW 238,841 8,434,590 $ 39,558,227
MERGANSER 236,947 8,367,704 $ 39,244,532
ERIS 226,976 8,015,582 $ 37,593,080
ANDREW 222,558 7,859,562 $ 36,861,346
CLIPPER 220,722 7,794,724 $ 36,557,256
NINIAN 205,813 7,268,217 $ 34,087,938
GANNET C 198,884 7,023,522 $ 32,940,318
BRAEMAR 197,002 6,957,060 $ 32,628,611
JOANNE 195,950 6,919,909 $ 32,454,373
MURDOCHK 191,043 6,746,620 $ 31,641,648
BOULTON 187,616 6,625,597 $ 31,074,050
INDE PERENCO 177,404 6,264,963 $ 29,382,676
RHYL 176,962 6,249,354 $ 29,309,470
HEWETT 172,778 6,101,597 $ 28,616,490
MINERVA 171,256 6,047,849 $ 28,364,412
RAVENSPURN NORTH 170,379 6,016,878 $ 28,219,158
GLENELG 167,980 5,932,158 $ 27,821,821
ALDER 161,769 5,712,818 $ 26,793,116
SCOTER 159,309 5,625,944 $ 26,385,677
CARAVEL 158,995 5,614,855 $ 26,333,670
FORVIE NORTH 152,713 5,393,009 $ 25,293,212
HUMBLY GROVE 149,540 5,280,955 $ 24,767,679
RAVENSPURN SOUTH 145,381 5,134,082 $ 24,078,845
BALLOCH 144,973 5,119,673 $ 24,011,266
PENGUIN EAST 144,563 5,105,194 $ 23,943,360
MARNOCK 141,485 4,996,496 $ 23,433,566
MUNGO 136,483 4,819,852 $ 22,605,106
WHITTLE 132,859 4,691,871 $ 22,004,875
KINGFISHER 130,951 4,624,491 $ 21,688,863
KETCH 130,191 4,597,652 $ 21,562,988
GRYPHON 125,264 4,423,656 $ 20,746,947
GANNET A 124,015 4,379,548 $ 20,540,080
GOLDEN EAGLE 123,300 4,354,298 $ 20,421,658
BRENT 120,772 4,265,023 $ 20,002,958
BRAE NORTH 120,389 4,251,497 $ 19,939,521
APOLLO 114,931 4,058,750 $ 19,035,538
SCHOONER 114,909 4,057,973 $ 19,031,893
SKIFF 112,642 3,977,915 $ 18,656,421
CUTTER 111,130 3,924,519 $ 18,405,994
34
MURDOCH 110,259 3,893,760 $ 18,261,734
YORK 102,177 3,608,347 $ 16,923,147
KINNOULL 101,501 3,584,474 $ 16,811,183
CORVETTE 97,790 3,453,421 $ 16,196,544
SKENE 97,781 3,453,103 $ 16,195,053
HUNTINGTON 97,343 3,437,636 $ 16,122,513
SCOTT 97,017 3,426,123 $ 16,068,517
HOTON 94,884 3,350,797 $ 15,715,238
MACHAR 94,564 3,339,496 $ 15,662,236
AMETHYST E 93,750 3,310,750 $ 15,527,418
BRIGANTINEA 90,771 3,205,548 $ 15,034,020
NEPTUNE 90,621 3,200,250 $ 15,009,173
ISLAY 89,761 3,169,880 $ 14,866,737
NUGGETS 88,462 3,124,006 $ 14,651,588
JULIET 85,538 3,020,746 $ 14,167,299
COOK 83,711 2,956,226 $ 13,864,700
DONAN {MAERSK} 83,134 2,935,850 $ 13,769,137
FORTIES 83,121 2,935,390 $ 13,766,979
Enochdhu 83,016 2,931,682 $ 13,749,589
KELVIN 82,341 2,907,845 $ 13,637,793
ELLON 80,908 2,857,239 $ 13,400,451
THELMA 79,150 2,795,156 $ 13,109,282
VULCAN 78,380 2,767,964 $ 12,981,751
KILMAR 77,588 2,739,994 $ 12,850,572
MILLOM 73,152 2,583,338 $ 12,115,855
CLAIR 71,631 2,529,625 $ 11,863,941
JOHNSTON 70,314 2,483,115 $ 11,645,809
GANNET F 67,753 2,392,675 $ 11,221,646
MALORY 67,676 2,389,955 $ 11,208,889
CURLEW C 64,839 2,289,768 $ 10,739,012
MADOES 62,575 2,209,815 $ 10,364,032
LANCELOT 62,432 2,204,765 $ 10,340,348
ALBA 62,078 2,192,264 $ 10,281,718
BITTERN 60,526 2,137,456 $ 10,024,669
NELSON 58,213 2,055,773 $ 9,641,575
HYDE 57,854 2,043,095 $ 9,582,116
CAVENDISH 56,759 2,004,425 $ 9,400,753
BLAKE 55,490 1,959,611 $ 9,190,576
EXCALIBUR 54,874 1,937,857 $ 9,088,549
STRATHSPEY 54,081 1,909,852 $ 8,957,206
ENSIGN 53,964 1,905,721 $ 8,937,831
PICKERILL 53,159 1,877,292 $ 8,804,499
SALTFLEETBY 52,458 1,852,537 $ 8,688,399
CERES 51,514 1,819,200 $ 8,532,048
KYLE 49,953 1,764,074 $ 8,273,507
CALLANISH 49,395 1,744,368 $ 8,181,086
VALIANT SOUTH 49,159 1,736,034 $ 8,141,999
DRAKE 48,135 1,699,871 $ 7,972,395
TELFORD 47,061 1,661,944 $ 7,794,517
AFFLECK 45,764 1,616,140 $ 7,579,697
CAPTAIN 45,473 1,605,864 $ 7,531,502
VALIANT NORTH 44,517 1,572,103 $ 7,373,163
35
BELL 44,480 1,570,796 $ 7,367,033
CYGNUS 44,048 1,555,540 $ 7,295,483
CORMORANT SOUTH 43,433 1,533,822 $ 7,193,625
SEVEN SEAS 42,832 1,512,598 $ 7,094,085
HERON 41,980 1,482,510 $ 6,952,972
SEYMOUR 41,677 1,471,809 $ 6,902,784
HAMILTON 40,782 1,440,203 $ 6,754,552
ORCA 39,174 1,383,417 $ 6,488,226
MCADAM 39,143 1,382,322 $ 6,483,090
HOWE 38,632 1,364,276 $ 6,398,454
HARDING 38,485 1,359,085 $ 6,374,109
MUNRO 36,048 1,273,023 $ 5,970,478
TRENT 35,295 1,246,431 $ 5,845,761
GUILLEMOT NW 35,281 1,245,937 $ 5,843,445
GANYMEDE 35,089 1,239,156 $ 5,811,642
PIPER 34,664 1,224,148 $ 5,741,254
BAIRD 34,147 1,205,890 $ 5,655,624
CHESTNUT 32,398 1,144,125 $ 5,365,946
SEAN EAST 32,297 1,140,558 $ 5,349,217
NEWSHAM 32,144 1,135,155 $ 5,323,877
SHAMROCK 30,572 1,079,640 $ 5,063,512
BRAE SOUTH 30,115 1,063,501 $ 4,987,820
TWEEDSMUIR SOUTH 28,800 1,017,062 $ 4,770,021
GUILLEMOT A 28,738 1,014,873 $ 4,759,754
MACLURE 26,609 939,688 $ 4,407,137
HEATHER {AND EXT} 26,034 919,382 $ 4,311,902
THISTLE 25,883 914,050 $ 4,286,895
KEITH 25,145 887,987 $ 4,164,659
HUNTER 25,118 887,034 $ 4,160,189
WYTCH FARM 24,776 874,956 $ 4,103,544
ORION 24,496 865,068 $ 4,057,169
BEINN 24,143 852,602 $ 3,998,703
GUILLEMOT W 23,769 839,394 $ 3,936,758
Peregrine 23,271 821,808 $ 3,854,280
CORMORANT NORTH 22,967 811,072 $ 3,803,928
MIMAS 22,108 780,737 $ 3,661,657
MONAN 22,022 777,700 $ 3,647,413
Cladhan 21,687 765,869 $ 3,591,926
MERCURY 20,891 737,759 $ 3,460,090
PENGUIN WEST 20,547 725,610 $ 3,403,111
DOUGLAS 19,700 695,699 $ 3,262,828
WENLOCK 19,215 678,571 $ 3,182,498
GADWALL 18,612 657,277 $ 3,082,629
BRAE CENTRAL 18,516 653,886 $ 3,066,725
TIFFANY 18,282 645,623 $ 3,027,972
OTTER 18,013 636,123 $ 2,983,417
TERN 17,791 628,283 $ 2,946,647
ANNABEL 17,764 627,330 $ 2,942,178
CLAYMORE 17,643 623,057 $ 2,922,137
TULLICH 16,346 577,254 $ 2,707,321
BOA 15,750 556,206 $ 2,608,606
INDE SOUTH WEST 15,669 553,346 $ 2,595,193
36
FULMAR 15,208 537,065 $ 2,518,835
AMETHYST W 15,167 535,618 $ 2,512,048
BRIGANTINED 14,820 523,363 $ 2,454,572
ROUGH PRODUCTION 14,524 512,910 $ 2,405,548
BROOM 14,480 511,356 $ 2,398,260
BRIGANTINEB 14,328 505,989 $ 2,373,088
TEAL 13,958 492,922 $ 2,311,804
GALAHAD 12,463 440,127 $ 2,064,196
Godwin 12,136 428,579 $ 2,010,036
TETHYS 11,596 409,509 $ 1,920,597
TARTAN 11,344 400,610 $ 1,878,861
BACCHUS 11,104 392,134 $ 1,839,108
WOOD 11,034 389,662 $ 1,827,515
VANGUARD 10,431 368,367 $ 1,727,641
BLANE 10,244 361,763 $ 1,696,668
BRENDA 10,099 356,643 $ 1,672,656
LYELL 9,964 351,875 $ 1,650,294
HAMILTON NORTH 9,666 341,352 $ 1,600,941
DON SOUTH WEST 9,225 325,778 $ 1,527,899
Ythan 9,128 322,352 $ 1,511,831
GARROW 9,060 319,951 $ 1,500,570
MORDRED 8,686 306,743 $ 1,438,625
MALLARD 8,581 303,035 $ 1,421,234
VICTOR 8,421 297,385 $ 1,394,736
HUDSON 8,349 294,842 $ 1,382,809
ENOCH 8,034 283,718 $ 1,330,637
LOIRSTON 8,028 283,506 $ 1,329,643
Alma 7,934 280,187 $ 1,314,077
ETTRICK 7,327 258,751 $ 1,213,542
GUINEVERE 7,308 258,080 $ 1,210,395
TWEEDSMUIR 7,008 247,485 $ 1,160,705
DAVY 6,923 244,483 $ 1,146,625
GROUSE 6,877 242,859 $ 1,139,009
SINGLETON 6,734 237,809 $ 1,115,324
SYCAMORE 6,253 220,823 $ 1,035,660
LOCHRANZA 6,221 219,693 $ 1,030,360
Solitaire 6,185 218,421 $ 1,024,394
SAXON 6,084 214,854 $ 1,007,665
JANICE 6,060 214,007 $ 1,003,693
WEST BRAE 6,044 213,442 $ 1,001,043
ARBROATH 5,885 207,827 $ 974,709
SOLAN 5,798 204,754 $ 960,296
BUCKLAND 5,710 201,647 $ 945,724
DELILAH 5,465 192,995 $ 905,147
COLUMBA BD 5,360 189,287 $ 887,756
AUDREY 5,171 182,612 $ 856,450
DEVERON 5,157 182,118 $ 854,133
HELVELLYN 4,957 175,055 $ 821,008
DAVY EAST 4,893 172,795 $ 810,409
MARIA 4,801 169,546 $ 795,171
BUCHAN 4,548 160,611 $ 753,266
BOULTONH 4,480 158,210 $ 742,005
37
AUK 4,231 149,416 $ 700,761
SCAPA 4,173 147,368 $ 691,156
EIDER 3,943 139,246 $ 653,064
NICOL 3,662 129,322 $ 606,520
WEST DON 3,626 128,051 $ 600,559
PELICAN 3,624 127,980 $ 600,226
GAINSBOROUGH 3,498 123,531 $ 579,360
BOYLE 3,346 118,163 $ 554,184
FARRAGON 3,177 112,195 $ 526,195
CORMORANT EAST 3,094 109,264 $ 512,448
AUK NORTH 3,014 106,438 $ 499,194
NESS 2,978 105,167 $ 493,233
ARKWRIGHT 2,861 101,035 $ 473,854
CRATHES 2,741 96,798 $ 453,983
Galia 2,652 93,654 $ 439,237
BIRCH 2,538 89,629 $ 420,360
BLACKBIRD 2,514 88,781 $ 416,383
MARKHAM 2,425 85,638 $ 401,642
MAULE 2,385 84,225 $ 395,015
HIGHLANDER 2,325 82,107 $ 385,082
WINDERMERE 2,127 75,114 $ 352,285
CONWY 2,012 71,053 $ 333,239
ROSS 1,953 68,970 $ 323,469
CLYDE 1,881 66,427 $ 311,543
GOOSANDER 1,858 65,615 $ 307,734
SCOLTY 1,578 55,727 $ 261,360
PICT 1,477 52,160 $ 244,630
CLAPHAM 1,443 50,959 $ 238,998
HALLEY 1,281 45,238 $ 212,166
VICTORIA 1,257 44,391 $ 208,194
BROWN 1,127 39,800 $ 186,662
FIONN 1,116 39,411 $ 184,838
BALMORAL 1,038 36,657 $ 171,921
FALCON 918 32,419 $ 152,045
KIRBY MISPERTON 882 31,148 $ 146,084
WELTON 869 30,688 $ 143,927
LARCH 780 27,545 $ 129,186
WAVENEY 757 26,733 $ 125,378
EUROPA 708 25,003 $ 117,264
BURGHLEY 686 24,226 $ 113,620
TONTO 646 22,813 $ 106,993
MONTROSE 641 22,637 $ 106,168
PICKERING 516 18,222 $ 85,461
DALTON 514 18,152 $ 85,133
CONRIE 463 16,351 $ 76,686
COLUMBA E 462 16,315 $ 76,517
BEAULY 453 15,998 $ 75,031
DOUGLAS WEST 443 15,644 $ 73,370
STIRLING 432 15,256 $ 71,551
BECKINGHAM 313 11,053 $ 51,839
CLEETON 285 10,065 $ 47,205
CYRUS 264 9,323 $ 43,725
38
CARNOUSTIE 251 8,864 $ 41,572
CAUSEWAY 230 8,122 $ 38,092
PALMERS WOOD 229 8,087 $ 37,928
DOE GREEN 215 7,593 $ 35,611
HORNDEAN 210 7,416 $ 34,781
DUART 208 7,345 $ 34,448
MEDWIN 180 6,357 $ 29,814
COLD HANWORTH 146 5,156 $ 24,182
SCAMPTON NORTH 145 5,121 $ 24,017
CROSBY WARREN 135 4,767 $ 22,357
GLENTWORTH 126 4,450 $ 20,871
KEDDINGTON 124 4,379 $ 20,538
STORRINGTON 124 4,379 $ 20,538
CORRINGHAM 121 4,273 $ 20,040
JAMES 121 4,273 $ 20,040
BRECHIN 119 4,202 $ 19,707
MIRREN 101 3,567 $ 16,729
KESTREL 87 3,072 $ 14,408
LEVEN 80 2,825 $ 13,249
BRYNHILD 78 2,755 $ 12,921
BLETCHINGLEY 63 2,225 $ 10,435
REMPSTONE 58 2,048 $ 9,605
STOCKBRIDGE 58 2,048 $ 9,605
BOTHAMSALL 56 1,978 $ 9,277
VIXEN 49 1,730 $ 8,114
MARISHES 46 1,624 $ 7,617
EAST GLENTWORTH 35 1,236 $ 5,797
ATHENA 31 1,095 $ 5,136
LONG CLAWSON 31 1,095 $ 5,136
WEST BECKINGHAM 29 1,024 $ 4,803
STAINTON 17 600 $ 2,814
AVINGTON 15 530 $ 2,486
TOPAZ 10 353 $ 1,656
HAWKINS 8 283 $ 1,327
NETHAN 8 283 $ 1,327
EGMANTON 2 71 $ 333
BARDOLINO 1 35 $ 164
SOUTH LEVERTON 1 35 $ 164
48,328,784 1,706,714,907 $ 8,004,492,916
39
3,2
64
2,6
20
2,5
14
1,3
61
1,3
28
99
3
94
5
90
9
88
6
86
7
82
2
82
1
78
2
75
9
75
9
73
1
71
6
71
4
71
0
70
2
63
5
UKCS Gas Output by FieldTop 20 Annual Total (MMCuM) 2016
Source: Adapted from OGA https://www.ogauthority.co.uk/data-centre/data-downloads-and-publications/production-data/
40
2,8
12
2,5
68
1,7
69
1,6
17
1,1
39
1,0
82
1,0
56
90
3
86
8
86
6
84
9
83
6
78
4
76
7
71
4
67
1
63
3
62
7
61
1
59
6
UKCS Gas Output by FieldTop 20 Annual Total (MMCuM) 2015
Source: DECCAnnual Dry+Associated Gas Prodn sorted by field https://itportal.decc.gov.uk/pprs/full_production.htm
41
2,3
88
2,0
40
1,6
18
1,4
04
1,2
61
1,0
74
1,0
27
92
4
88
0
79
6
77
8
69
9
69
8
64
4
64
1
61
5
60
4
58
7
53
7
52
7
UKCS Gas Output by FieldTop 20 Annual Total (MMCuM) 2014
Source: DECCAnnual Dry+Associated Gas Prodn sorted by field https://itportal.decc.gov.uk/pprs/full_production.htm
42
3,1
47
1,8
72
1,6
22
1,2
11
1,0
85
99
8
98
4
92
5
88
3
84
1
77
3
72
2
71
1
64
4
62
3
62
3
60
6
60
4
57
2
51
4
UKCS Gas Output by FieldTop 20 Annual Total (MMCuM) 2013
Source: DECCAnnual Dry+Associated Gas Prodn sorted by field https://www.og.decc.gov.uk/pprs/full_production.htm
43
3,0
74
2,7
13
2,0
88
2,0
07
1,7
22
1,5
66
1,4
95
1,4
61
1,3
82
1,2
06
1,0
92
1,0
74
96
1
96
0
94
1
83
0
80
6
80
6
79
2
73
9
UKCS Gas Output by FieldTop 20 Annual Total (MMCuM) 2009
44
Gas Production by Company 2016 (Million Cubic Metres)
Equity Holder Total
MMm3 MM BTUs Value $
SHELL U.K. LIMITED 6,797 240,077,425 $ 1,125,963,146
TOTAL E&P UK LTD 6,266 221,321,928 $ 1,037,999,842
CENTRICA 5,321 187,943,502 $ 881,455,024
ESSO E & P UK LIMITED 3,550 125,389,857 $ 588,078,429
CONOCOPHILLIPS 2,934 103,632,068 $ 486,034,399
PERENCO UK LIMITED 2,422 85,547,672 $ 401,218,582
ENI UK LIMITED 2,309 81,556,389 $ 382,499,464
BP EXPLORATION 2,296 81,097,215 $ 380,345,938
APACHE NORTH SEA LIMITED 2,282 80,602,720 $ 378,026,757
SSE E&P UK LIMITED 1,578 55,736,675 $ 261,405,006
INEOS UK SNS LIMITED 1,306 46,129,339 $ 216,346,600
CHEVRON NORTH SEA LIMITED 1,283 45,316,954 $ 212,536,514
TAQA BRATANI LIMITED 854 30,164,208 $ 141,470,136
CNR INTERNATIONAL (U.K.) LIMITED 789 27,868,337 $ 130,702,501
DONG E&P (UK) Limited 735 25,960,999 $ 121,757,085
PREMIER OIL UK LIMITED 656 23,170,633 $ 108,670,269
NEXEN PETROLEUM U.K. LIMITED 497 17,554,580 $ 82,330,980
MAERSK OIL UK LIMITED 489 17,272,011 $ 81,005,732
IRANIAN OIL COMPANY (U.K.) LIMITED 443 15,647,241 $ 73,385,560
BURLINGTON RESOURCES (IRISH SEA) LIMITED 433 15,294,030 $ 71,729,001
DANA PETROLEUM (E&P) LIMITED 430 15,188,067 $ 71,232,034
WINTERSHALL NOORDZEE B.V. 362 12,786,233 $ 59,967,433
MARATHON OIL U.K. LLC 338 11,938,527 $ 55,991,692
ENGIE E&P UK LIMITED 315 11,126,142 $ 52,181,606
ORANJE-NASSAU ENERGIE UK LIMITED 246 8,688,987 $ 40,751,349
BAYERNGAS EUROPE LIMITED 240 8,477,061 $ 39,757,416
ENDEAVOUR ENERGY UK LIMITED 230 8,123,850 $ 38,100,857
REPSOL SINOPEC N SEA LTD 220 7,770,639 $ 36,444,297
TULLOW OIL SK LIMITED 186 6,569,722 $ 30,811,996 JX NIPPON EXPLORATION AND PRODUCTION (U.K.) LIMITED 180 6,357,796 $ 29,818,063
FAROE PETROLEUM (U.K.) LIMITED 157 5,545,411 $ 26,007,978
SUNCOR ENERGY UK LIMITED 151 5,333,484 $ 25,014,040
HUMBLY GROVE ENERGY LIMITED 150 5,298,163 $ 24,848,384
GAZPROM INTERNATIONAL UK LTD. 146 5,156,879 $ 24,185,763
BHP BILLITON PETROLEUM GREAT BRITAIN LIMITED 133 4,697,705 $ 22,032,236
MITSUI E&P UK LIMITED 130 4,591,741 $ 21,535,265
XTO UK, LTD 113 3,991,283 $ 18,719,117
GAS-UNION GMBH 110 3,885,320 $ 18,222,151
MOL OPERATIONS UK LTD 107 3,779,356 $ 17,725,180
DYAS UK LIMITED 97 3,426,145 $ 16,068,620
ENQUEST HEATHER LIMITED 94 3,320,182 $ 15,571,654
BOWLAND RESOURCES LIMITED 94 3,320,182 $ 15,571,654
ITHACA ENERGY (UK) LIMITED 86 3,037,613 $ 14,246,405
EDISON E&P UK LTD 84 2,966,971 $ 13,915,094
SUMMIT EXPLORATION AND PRODUCTION LIMITED 73 2,578,439 $ 12,092,879
SOJITZ ENERGY PROJECT LIMITED 70 2,472,476 $ 11,595,912
SERICA ENERGY (UK) LIMITED 54 1,907,339 $ 8,945,420
45
WINGAS STORAGE UK LIMITED 52 1,836,697 $ 8,614,109
MARUBENI OIL & GAS (U.K.) LIMITED 48 1,695,412 $ 7,951,482
NSGP (ENSIGN) LIMITED 40 1,412,843 $ 6,626,234
FIRST OIL EXPRO LIMITED 36 1,271,559 $ 5,963,612
HANSA HYDROCARBONS LIMITED 36 1,271,559 $ 5,963,612
OMV (U.K.) LIMITED 34 1,200,917 $ 5,632,301
IDEMITSU PETROLEUM UK LTD. 32 1,130,275 $ 5,300,990
ZENNOR CNS LIMITED 23 812,385 $ 3,810,086
IONA ENERGY COMPANY (UK) PLC 22 777,064 $ 3,644,430
STATOIL (U.K.) LIMITED 21 741,743 $ 3,478,775
ALPHA PETROLEUM RESOURCES LIMITED 21 741,743 $ 3,478,775
TRANSWORLD PETROLEUM (U.K.) LIMITED 20 706,422 $ 3,313,119
NORECO OIL (UK) LIMITED 19 671,101 $ 3,147,464
RIGEL PETROLEUM (NI) LIMITED 19 671,101 $ 3,147,464
ANASURIA HIBISCUS UK LIMITED 16 565,137 $ 2,650,493
PING PETROLEUM UK LIMITED 16 565,137 $ 2,650,493
IGAS ENERGY plc 10 353,211 $ 1,656,560
EGDON RESOURCES U.K. LIMITED 6 211,927 $ 993,938
Kuwait Foreign Petroleum Explorn Coy 4 141,284 $ 662,622
CIECO EXPLORATION AND PRODUCTION (UK) LIMITED 2 70,642 $ 331,311
EOG RESOURCES UNITED KINGDOM LIMITED 2 70,642 $ 331,311
THIRD ENERGY UK GAS LIMITED 1 35,321 $ 165,655
VERUS PETROLEUM (SNS) LIMITED 1 35,321 $ 165,655
ATLANTIC PETROLEUM NORTH SEA LIMITED 1 35,321 $ 165,655
EQ PETROLEUM SABAH LTD 1 35,321 $ 165,655
DART ENERGY LIMITED 1 35,321 $ 165,655
48,320 1,706,714,902 8,004,492,916
46
6,7
97
6,2
66
5,3
21
3,5
50
2,9
34
2,4
22
2,3
09
2,2
96
2,2
82
1,5
78
1,3
06
1,2
83
85
4
78
9
73
5
65
6
49
7
48
9
44
3
UKCS Gas Output by CompanyTop 20 Annual Total (MMCuM) 2016
Source: Adapted from OGA https://www.ogauthority.co.uk/data-centre/data-downloads-and-publications/production-data/
47
6,6
78
4,1
09
3,6
66
3,3
63
3,1
91
3,1
79
2,8
94
2,4
76
2,1
34
1,5
91
1,2
33
1,0
56
98
4
94
5
74
5
70
9
61
9
46
3
45
1
43
5
UKCS Gas Output by CompanyTop 20 Annual Total (MMCuM) 2015
Source: Adapted from DECCAnnual Dry+Associated Gas Prodn sorted by field https://itportal.decc.gov.uk/pprs/full_production.htm
48
6,8
59
3,5
76
3,3
28
3,3
08
2,9
97
2,9
00
2,6
03
2,0
95
1,3
78
1,2
31
1,0
60
1,0
08
93
9
86
5
83
3
64
1
60
1
50
4
47
9
44
6
UKCS Gas Output by CompanyTop 20 Annual Total (MMCuM) 2014
Source: Adapted from DECCAnnual Dry+Associated Gas Prodn sorted by field https://itportal.decc.gov.uk/pprs/full_production.htm
49
8,4
10
4,3
57
3,2
74
3,3
70
3,0
96
2,8
76
2,5
22
1,4
21
1,2
50
1,1
67
1,1
67
98
0
81
3
67
2
55
4
54
6
52
9
47
5
43
9
UKCS Gas Output by CompanyTop 20 Annual Total (MMCuM) 2013
Source: DECCAnnual Dry+Associated Gas Prodn sorted by field https://www.og.decc.gov.uk/pprs/full_production.htm
50
6,6
89
6,2
75
5,8
22
5,3
59
5,2
03
4,7
66
4,0
07
2,8
45
2,0
51
1,9
08
1,3
74
1,1
18
99
9
88
3
83
3
82
2
78
4
74
1
UKCS Gas Output by CompanyTop 20 Annual Total (MMCuM) 2009
51
Change in Annual UK Gas Production (MMCuM) Co Total
Equity Holder (2016v2015)
SHELL U.K. LIMITED 3,131
TOTAL E&P UK LTD 2,157
APACHE NORTH SEA LIMITED 1,338
DONG E&P (UK) Limited 735
SSE E&P UK LIMITED 522
ESSO E & P UK LIMITED 370
ORANJE-NASSAU ENERGIE UK LIMITED 241
BP EXPLORATION 162
BURLINGTON RESOURCES (IRISH SEA) LIMITED 111
CNR INTERNATIONAL (U.K.) LIMITED 80
MAERSK OIL UK LIMITED 54
CHEVRON NORTH SEA LIMITED 51
RIGEL PETROLEUM (NI) LIMITED 18
IDEMITSU PETROLEUM UK LTD. 18
SUMMIT EXPLORATION AND PRODUCTION LIMITED 10
DYAS UK LIMITED 7
MARATHON OIL U.K. LLC 5
TULLOW OIL SK LIMITED 5
STATOIL (U.K.) LIMITED 4
SUNCOR ENERGY UK LIMITED 3
BHP BILLITON PETROLEUM GREAT BRITAIN LIMITED 3
WINGAS STORAGE UK LIMITED 2
EOG RESOURCES UNITED KINGDOM LIMITED 1
CIECO EXPLORATION AND PRODUCTION (UK) LIMITED 1
EQ PETROLEUM SABAH LTD 0
BRIDGE ENERGY (SNS) LIMITED 0
EUROPA OIL & GAS LIMITED 0
UK OIL & GAS INVESTMENTS plc 0
ENTERPRISE OIL LIMITED 0
IS E&P Limited 0
Northern Petroleum 0
ALTWOOD PETROLEUM LIMITED 0
ANGUS ENERGY WEALD BASIN NO.3 LIMITED 0
BLACKLAND PARK EXPLORATION LIMITED 0
BRITANNIA OPERATOR LIMITED 0
BROCKHAM CAPITAL LIMITED 0
CAIRN ENERGY plc 0
52
CAYTHORPE GAS STORAGE LIMITED 0
CIRQUE ENERGY (UK) LIMITED 0
CUADRILLA ELSWICK LIMITED 0
DORIEMUS PLC 0
DORSET EXPLORATION 0
ELSWICK ENERGY LIMITED 0
ELSWICK POWER LIMITED 0
MONTROSE INDUSTRIES LIMITED 0
MOSAIC (TRISTAN) LIMITED 0
NOIL Energy ASA 0
ONSHORE PRODUCTION SERVICES LIMITED 0
SCOTTISH POWER GENERATION LIMITED 0
SEVEN STAR NATURAL GAS LIMITED 0
YORKSHIRE EXPLORATION LIMITED 0
E.ON E&P UK LIMITED 0
NIPPON OIL 0
STAR ENERGY OIL & GAS LIMITED 0
ALBA RESOURCES LIMITED 0
Antrim Resources Limited 0
ROC OIL (GB) LIMITED 0
Valiant Causeway Limited 0
EDINBURGH OIL & GAS LIMITED 0
AURORA EXPLORATION 0
NAUTICAL PETROLEUM LIMITED 0
TERRAIN ENERGY LIMITED 0
ECORP OIL & GAS UK LIMITED 0
DART ENERGY LIMITED 0
EUROIL EXPLORATION LIMITED 0
ZEUS PETROLEUM LIMITED -1
MARUBENI OIL & GAS (U.K.) LIMITED -1
SPIKE EXPLORATION UK LTD -1
TRAP OIL LTD -1
PARKMEAD (E&P) LIMITED -1
NORECO OIL (UK) LIMITED -2
IGAS ENERGY plc -2
MCX DUNLIN (UK) LIMITED -2
NOBLE ENERGY (OILEX) LIMITED -2
ITHACA ENERGY (UK) LIMITED -3
ENQUEST HEATHER LIMITED -3
JX NIPPON EXPLORATION AND PRODUCTION (U.K.) LIMITED -3
THIRD ENERGY UK GAS LIMITED -4
53
HUMBLY GROVE ENERGY LIMITED -4
EGDON RESOURCES U.K. LIMITED -5
FAIRFIELD BETULA/FAGUS LIMITED -6
CALENERGY GAS LIMITED -7
OMV (U.K.) LIMITED -8
ATLANTIC PETROLEUM NORTH SEA LIMITED -8
IRANIAN OIL COMPANY (U.K.) LIMITED -8
IONA ENERGY COMPANY (UK) PLC -9
BOWLAND RESOURCES LIMITED -9
TRANSWORLD PETROLEUM (U.K.) LIMITED -10
BAYERNGAS EUROPE LIMITED -11
MOL OPERATIONS UK LTD -15
ENGIE E&P UK LIMITED -16
FAROE PETROLEUM (U.K.) LIMITED -17
GAS-UNION GMBH -18
NSGP (ENSIGN) LIMITED -19
HANSA HYDROCARBONS LIMITED -22
VERUS PETROLEUM (SNS) LIMITED -23
GAZPROM INTERNATIONAL UK LTD. -24
ALPHA PETROLEUM RESOURCES LIMITED -25
SOJITZ ENERGY PROJECT LIMITED -29
DANA PETROLEUM (E&P) LIMITED -33
MITSUI E&P UK LIMITED -36
FIRST OIL EXPRO LIMITED -43
REPSOL SINOPEC N SEA LTD -48
WINTERSHALL NOORDZEE B.V. -58
EDISON E&P UK LTD -68
ENDEAVOUR ENERGY UK LIMITED -86
PREMIER OIL UK LIMITED -89
NEXEN PETROLEUM U.K. LIMITED -122
TAQA BRATANI LIMITED -130
WARWICK ENERGY LIMITED -132
INEOS UK SNS LIMITED -284
STERLING RESOURCES LTD -324
CONOCOPHILLIPS -428
ENI UK LIMITED -585
PERENCO UK LIMITED -769
CENTRICA -1,357
BG INTERNATIONAL LIMITED -2,476
54
3,1
31
2,1
57
1,3
38
735
522
370
241
162
111 -1
22
-130
-132
-284
-324
-428
-585
-769
-1,3
57
-2,4
76
SHEL
L U
.K. L
IMIT
ED
TOTA
L E&
P U
K L
TD
AP
AC
HE
NO
RTH
SEA
LIM
ITED
DO
NG
E&
P (
UK
) Li
mit
ed
SSE
E&P
UK
LIM
ITED
ESSO
E &
P U
K L
IMIT
ED
OR
AN
JE-N
ASS
AU
EN
ERG
IE U
K L
IMIT
ED
BP
EX
PLO
RA
TIO
N
BU
RLI
NG
TON
RES
OU
RC
ES (
IRIS
H S
EA)
LIM
ITED
NEX
EN P
ETR
OLE
UM
U.K
. LIM
ITED
TAQ
A B
RA
TAN
I LIM
ITED
WA
RW
ICK
EN
ERG
Y L
IMIT
ED
INEO
S U
K S
NS
LIM
ITED
STER
LIN
G R
ESO
UR
CES
LTD
CO
NO
CO
PH
ILLI
PS
ENI
UK
LIM
ITED
PER
ENC
O U
K L
IMIT
ED
CEN
TRIC
A
BG
IN
TER
NA
TIO
NA
L LI
MIT
ED
UKCS Gas Output by CompanyProduction Change in MMCuM 2016v2015
Source: Adapted from OGA https://www.ogauthority.co.uk/data-centre/data-downloads-and-publications/production-data/
55
90
3,6
25
53
3,3
95
405
,26
9
328,
339
295,
010
293,
892
290,
625
223,
444
212,
964
188,
206
-69,
841
-76,
101
-81,
930
-89,
709
-126
,908
-128
,803
-151
,750
-181
,320
-218
,176
-269
,450
BP
EX
PLO
RA
TIO
N
TOTA
L E&
P U
K L
TD
IRA
NIA
N O
IL C
OM
PA
NY
(U
.K.)
LIM
ITED
CN
R IN
TER
NA
TIO
NA
L (U
.K.)
LIM
ITED
ENI U
K L
IMIT
ED
CH
EVR
ON
NO
RTH
SEA
LIM
ITED
PER
ENC
O U
K L
IMIT
ED
SHEL
L U
.K. L
IMIT
ED
INEO
S U
K S
NS
LIM
ITED
MA
ERSK
OIL
UK
LIM
ITED
BU
RLI
NG
TON
RES
OU
RC
ES (
IRIS
H S
EA)
LIM
ITED
TAQ
A B
RA
TAN
I LI
MIT
ED
HU
MB
LY G
RO
VE
ENER
GY
LIM
ITED
FIR
ST O
IL E
XP
RO
LIM
ITED
BG
IN
TER
NA
TIO
NA
L LI
MIT
ED
ESSO
E &
P U
K L
IMIT
ED
FAIR
FIEL
D B
ETU
LA/F
AG
US
LIM
ITED
CEN
TRIC
A
PR
EMIE
R O
IL U
K L
IMIT
ED
GD
F SU
EZ E
&P
UK
LTD
UKCS Gas Output by CompanyProduction Change in MMCuM 2015v2014
Source: DECCAnnual Dry+Associated Gas Prodn sorted by field https://itportal.decc.gov.uk/pprs/full_production.htm
56
831
674
504
452
310
305
241
201 19
9
165
154
153
144
129
123
110
100 95
93 84 81 80 65 52 46 43 42 -23
-23
-25
-33
-35
-41
-47
-62
-68
-69
-99
-107
-159
-310
-374
-557
-781
-155
1
RW
E D
EA U
K S
NS
LIM
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UKCS Gas Output by CompanyProduction Change in MMCuM 2014v2013
Source: DECCAnnual Dry+Associated Gas Prodn sorted by field https://itportal.decc.gov.uk/pprs/full_production.htm
57
58
5) New Fields 2016
The following fields were brought into production in 2016: ➢ LAGGAN (Total) - February ➢ CONWY (EOG) - March ➢ SOLAN (Premier) - April ➢ AVIAT(Apache) - June ➢ TORMORE (Tormore) – August
➢ CRATHES (EnQuest) - November ➢ SCOLTY (EnQuest) - November ➢ ALDER (Chevron) - November ➢ CYGNUS (Engie) - December
6) Field Development Pipeline The following fields (both new and existing) are being worked on at present to commence or extend
their field life. An estimated production level is given for each field when production (re)commences
Field Operator Start Date
Production Level Oil
Production Level Gas
Tonnes/Yr MMCuM/Yr
Barra Dana Petroleum 2017 992,800
Burgman Premier Oil 2017 248,200
Callater Apache 2017 744,600
Catcher Premier Oil 2017 1,985,600
Cawdor Maersk Group 2017 248,200
Cayley Repsol Sinopec 2017 0 1,045
Edradour Total 2017 0 36
Glenlivet Total 2017 0 44
Harris Dana Petroleum 2017 992,800
Kraken EnQuest 2017 1,241,000
Kraken North EnQuest 2017 1,241,000
Morrone Taqa Global 2017 148,920
Flyndre Maersk Group 2016 496,400
Orlando Verus Petroleum 2017 546,040
Schiehallion BP 2017 6,453,200 913
Shaw Repsol Sinopec 2017 893,520
Stella Ithaca 2017 1,489,200 686
Varadero Premier Oil 2017 248,200
Clair Ridge BP 2018 5,956,800 441
Mariner Statoil 2018 2,730,200
Blythe IOG 2019 0 153
Columbus Serica Energy 2019 52,600 181
Corona Apache 2019 248,200
Culzean Maersk Group 2019 2,555
Harrier Ithaca 2019 397,130 183
Mariner East Statoil 2019 1,042,440
Bentley Whalsay Energy 2020 1,985,600
Cheviot Alpha Petroleum 2020 1,241,000 511
59
Lancaster Hurricane 2020 496,400
Rosebank Chevron 2020 4,964,000 818
Utgard Statoil 2020 0 989
Tolmount Premier 2020 3,066
Dolphin Parkmead 2021
Lowlander Faroe 2021
Perth Parkmead 2021 248,200
Seagull Apache 2021 431,868 164
Vorlich BP 2021 212,459 62
Alligin BP 2022 248,200
Arran Dana Petroleum 2022 361,876 912
Athena Verus Petroleum 2022 0 0
Austen Ithaca 2022 194,092 227
Black Horse Nexen 2022 248,200
Bressay Statoil 2022 1,985,600
Brochel Maersk Group 2022 496,400
Cambo Siccar Point 2022 248,200
Courageous Maersk Group 2022 496,400
Crosgan Ineos 2022 0 0
Fram Shell 2022 0 0
Jackdaw Shell 2022 0 2,555
Keplar Ineos 2022 0 0
Puffin Shell 2022 0 0
Sillimanite Wintersall 2022 0 0
Suilven Siccar Point 2022 124,100 0
Blackrock Siccar Point 2022 0
Tornado Siccar Point 2022 0
Whirlwind Hurricane 2022 248,200
Craster Nexen 2023 496,400
Glengorm Nexen 2023 248,200
Jock Scott Statoil 2023 0
Achmelvich BP 2023 0
Verbier Statoil 2023 248,200
Capercaillie BP 2023 0
Marten Parkmead 2023 124,100
Partridge Azinor Catalyst 2023 0
Polecat Parkmead 2023 0
Sanda North Parkmead 2023 0
Sanda South Parkmead 2023 0
Skye Fairfield 2023 0
Halifax Hurricane 2024 496,400
Lincoln Hurricane 2024 496,400
44,737,545 15,541
60
Dana Petroleum is developing the Western Isles fields (Barra and Harris) with peak production
estimated at 40,000 boe per day. The project is running 2 yrs late and at least $400m over budget:
http://www.ogj.com/content/ogj/en/articles/2012/12/western-isles-project-offshore-uk-
approved.html https://www.oilandgaspeople.com/news/3749/dana-petroleum-western-isles-project-two-
years-late-and-massively-over-budget/
Premier Oil will bring its Burgman well online in 2017 adding 5,000 barrels per day to UKCS output.
http://www.premier-oil.com/premieroil/operations/uk
Apache’s Callater Field development is under way in the Beryl area targeting 15,000 bpd by 2018.
http://www.apachecorp.com/Operations/UK_North_Sea/NewsAndArticles/Beryl_Field_celebrates_40
_years/index.aspx
Premier Oil will bring its Catcher development online in 2017. As well as adding 40,000 barrels per
day to UKCS output it will provide a new hub for future developments in the Central North Sea.
http://www.premier-oil.com/premieroil/AR2013/pdfs/PO_AR2013.pdf http://www.premier-oil.com/premieroil/operations/uk
Maersk Group is developing the Cawdor Field which will commence production in 2017 with an
anticipated peak output of 5,000bpd with production tied back to the Clyde platform.
http://www.maerskoil.com/media/newsroom/pages/flyndreandcawdorfielddevelopmentapprovalsuppo
rtsmaerskoiluk%E2%80%99sgrowthambitions.aspx http://www.offshore-technology.com/projects/flyndrecawdor-oil-fields-development-north-sea/ http://www.offshore-mag.com/articles/2014/05/clyde-platform-to-host-north-sea-flyndre-cawdor-
development.html
Repsol Sinopec is bringing the Cayley (gas) and Shaw (oil) fields into production in 2017 at an
anticipated rate of 15,000 Boepd for each part of the field. The Montrose Area re-development jacket
was installed in 2015 with the topsides leaving Heerema’s Zwinjdrecht yard in April 2016:
http://www.talisman-sinopec.com/en/news/accommodation-vessel-arrives-at-mar/ http://www.ogj.com/articles/2016/04/new-montrose-platform-topsides-leaves-yard.html
Total’s Edradour Field Development is proceeding West of Shetland with the aim being to tie in to the
Laggan/Tormore infrastructure which is now in place and operational. Dong holds a 25% interest.
http://www.heraldscotland.com/business/13168386.Total_to_proceed_with_the_Edradour_gas_fie
ld/
Total (80%) is developing the Glenlivet Field which will tie in to the Shetland processing plant
developed for Laggan/Tormore. Dong holds the remaining 20%. Target is 21,000 boe per day.
http://www.subseaiq.com/data/Project.aspx?project_id=516
http://www.ogj.com/articles/2014/10/total-to-develop-glenlivet-gas-field-off-uk.html
http://www.total.uk/en/home/media/list-news/uk-government-approves-field-development-plans-
totals-edradourglenlivet-project
Dana Petroleum is developing the Western Isles fields (Barra and Harris) with peak production
estimated at 40,000 boe per day. The project is running 2 yrs late and at least $400m over budget:
http://www.ogj.com/content/ogj/en/articles/2012/12/western-isles-project-offshore-uk-
approved.html https://www.oilandgaspeople.com/news/3749/dana-petroleum-western-isles-project-two-
years-late-and-massively-over-budget/
61
EnQuest’s Kraken and Kraken North developments are both scheduled to begin production in 2017.
There will be 14 horizontal production wells and 11 water injection wells producing a peak output of
55,000bpd.
http://www.enquest.com/~/media/Files/E/Enquest/2014FYR_docs/14FullYear150318Final.pdf
http://www.enquest.com/~/media/Files/E/Enquest/2015%20FYR_docs/FYR2015Final.pdf
Taqa Global developed the Morrone field, expected to produce 3,000 Boepd with first oil due in the
3rd quarter of 2014. Taqa started drilling the Harding Morrone well in 2014, which was suspended
after the conductor was successfully run and cemented. Operations were to recommence summer
2015. If completed then this is reported as part of Harding. No output is shown from Morrone.
http://www.taqaglobal.com/media-centre/press-releases/2013/16-12-2013?sc_lang=en
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/546382/Taqa_EMS.pdf
Maersk Group is developing the Flyndre Field which will commence production in 2017 with an
anticipated peak output of 10,000bpd with production tied back to the Clyde platform via Cawdor.
http://www.maerskoil.com/media/newsroom/pages/flyndreandcawdorfielddevelopmentapprovalsuppo
rtsmaerskoiluk%E2%80%99sgrowthambitions.aspx http://www.offshore-technology.com/projects/flyndrecawdor-oil-fields-development-north-sea/ http://www.offshore-mag.com/articles/2014/05/clyde-platform-to-host-north-sea-flyndre-cawdor-
development.html
Verus Petroleum (100%) has taken over Spike, who’ve taken over Bridge who’ve taken over Iona
Energy (75%) and Atlantic Energy’s (25%) Orlando Field following Iona’s collapse, targeting output
of 11,000 bpd tied back to Ninian. No update on a 2017 start has been seen. Perhaps there’s no time
with all the deal-making?
http://www.ionaenergy.com/operations/orlando http://www.ionaenergy.com/investor-relations/presentations/ http://www.bbc.co.uk/news/uk-scotland-scotland-business-24109614
https://www.energyvoice.com/oilandgas/66058/north-sea-new-wave-player-verus-makes-debut/
https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=714832&lang=en http://www.petroleum.fo/Default.aspx?pageid=19987
http://www.energy-pedia.com/news/united-kingdom/atlantic-petroleum-sells-orlando-field-interest-to-
bridge-petroleum-167693
BP’s Schiehallion Field West of Shetland will re-start production in 2017. The new KBR-designed
Glen Lyon FPSO is in situ with production capacity for 320,000 b/d of liquids and 220 MMcf/d of gas
and 380,000 b/d of produced water and seawater injection. All the pre-existing wells were suspended
and will all be re-opened for production. In addition 25 new wells (17 producers and 8 water
injectors) will be drilled to significantly increase output.
http://www.bp.com/en/global/corporate/press/press-releases/bp-and-co-venturers-approve-3-billion-
re-development-of-schiehallion-and-loyal-fields.html
http://www.offshore-mag.com/articles/print/volume-73/issue-8/north-sea/bp-looking-to-maximize-
production-from-shetland-area-fields.html
http://www.bp.com/en/global/corporate/press/press-releases/new-glen-lyon-fpso-sets-sail-for-west-of-
shetland.html
Repsol Sinopec is bringing the Cayley (gas) and Shaw (oil) fields into production in 2017 at an
anticipated rate of 15,000 Boepd for each part of the field. The Montrose Area re-development jacket
was installed in 2015 with the topsides leaving Heerema’s Zwinjdrecht yard in April 2016:
http://www.talisman-sinopec.com/en/news/accommodation-vessel-arrives-at-mar/ http://www.ogj.com/articles/2016/04/new-montrose-platform-topsides-leaves-yard.html
Ithaca’s Greater Stella Area Project has made progress with the Floating Production Facility FPF-1
leaving the Remontowa shipyard prior to installation. Production commenced in February 2017.
http://www.ogj.com/articles/2017/02/ithaca-starts-up-production-from-stella-field.html
62
https://www.energyvoice.com/oilandgas/north-sea/115237/ithacas-fpf-1-gets-green-light-travel-
greater-stella-development/
Premier Oil will bring its Varadero well online in 2017 adding 5,000 barrels per day to UKCS output.
http://www.premier-oil.com/premieroil/operations/uk
BP is also undertaking the re-development of the Clair Field with the next phase of field life focused
on Clair Ridge. The Clair Ridge development will have the capability to produce an estimated 640
million barrels of oil over a 40 year period, with peak production expected to be up to 120,000 barrels
of oil per day. 36 new wells will be drilled, 26 production wells and 10 water injection wells to
maintain reservoir pressure.
http://www.offshore-mag.com/articles/print/volume-73/issue-8/north-sea/bp-looking-to-maximize-
production-from-shetland-area-fields.html
Statoil will bring the Mariner Field online in 2018. It will eventually comprise 80 production wells
and 64 produced water re-injectors with a plateau output of 55,000 bpd.
http://www.statoil.com/en/NewsAndMedia/News/2012/Pages/21Dec_Mariner.aspx
http://www.statoil.com/en/about/worldwide/unitedkingdom/pages/mariner.aspx
http://www.statoil.com/en/EnvironmentSociety/Environment/impactassessments/international/Pages/
MarinerAreaImpactasmt.aspx http://www.rigzone.com/news/oil_gas/a/140060/Mariner_A_Steel_Jacket_On_its_Way_to_the_North
_Sea?utm_source=DailyNewsletter&utm_medium=email&utm_term=2015-08-
12&utm_content=&utm_campaign=Production_1
IOG has purchased the half of the Blythe Field development block it didn’t own and was working on
the production of a Field Development Plan in 2016. The FDP has been submitted in Q2 2017. IOG is
currently targeting first gas from the Blythe, Elgood and Vulcan Satellites fields in Q2 2019.
http://independentoilandgas.com/blythe.html
http://independentoilandgas.com/news_detail.php?recordID=94
Serica Energy is seeking to develop the Columbus Field. It suffered a major setback when BG
cancelled its plan for a Bridge Linked Platform (BLP) for the neighbouring Lomond Field. The Field
Development Plan for Columbus will now be re-written. It will choose between a well to Lomond or a
well to Shearwater with FDP submission expected in 2nd quarter 2018 and an FID thereafter.
http://www.serica-energy.com/columbus-3.php
http://www.serica-energy.com/columbus.php http://www.serica-energy.com/downloads/presentations/AGM%20FINAL_WEBSITE.pdf
Apache is working on the Corona Field with an estimated start-up in 2019. The estimate is between
5,000 and 10,000 bpd. http://www.oedigital.com/technology/safety-security/item/12255-apache-moves-on-callater-investment https://www.energyvoice.com/oilandgas/91961/apache-makes-significant-discoveries-in-the-uk-north-sea-of-up-to-70million-barrels/
Maersk is proceeding with the development of the Culzean Gas Field which will produce 5% of the
UK’s demand at peak production. I’ve estimated this at 250MM Cu ft day.
http://www.rigzone.com/news/oil_gas/a/140362/GoAhead_Given_for_Biggest_UK_Field_Found_in_
a_Decade/?all=HG2
Ithaca is working on the Harrier prospect The program for the Harrier field involves drilling of a
multilateral well into the two reservoir formations on the field, with the well tied back via a 7.5
kilometre pipe to an existing slot on the Stella main drill centre manifold for onward export and
processing of production on the FPF-1 production facility. Harrier field development programme
commenced - development well drilling in progress with start-up of production expected in the second
half of 2018.
63
http://www.ithacaenergy.com/media/news/greater-stella-area-development-concept-select
https://ca.finance.yahoo.com/news/Ithaca-Energy-Inc-Greater-marketwire-2019147670.html
http://www.ithacaenergy.com/media/news/q1-2017-financial-results
Statoil’s Mariner East Field will come online in 2019. It will eventually comprise 4 wells with a peak
output of 22,000 bpd when Mariner is producing below its 76,000 bpd target flow.
http://www.statoil.com/en/about/worldwide/unitedkingdom/pages/mariner.aspx
http://www.statoil.com/en/EnvironmentSociety/Environment/impactassessments/international/Pages/
MarinerAreaImpactasmt.aspx
The Bentley Field has ended up in the hands of Whalsay Energy following the Bondholders’ decision
to call time on Xcite Energy. Whalsay is owned by the former Xcite bondholders.
http://www.xcite-energy.com/assets/bentley http://www.xcite-energy.com/investors/presentations-and-documents/agm-2016-presentation
http://www.offshoreenergytoday.com/bondholders-take-control-of-xcites-bentley-field/
The Cheviot Field is being progressed by Alpha Petroleum Resources who succeeded Petroleum
Equity who acquired ATP Oil & Gas (UK) Limited from its US parent when this was forced into
Chapter 11 Bankruptcy. Moss Maritime's Octobuoy concept was dropped when late and over budget,
a second plan to replace this concept with the Varg FPSO nears FEED completion.
http://www.subseaiq.com/data/Project.aspx?project_id=1128 http://www.petroleumequity.com/news.html
http://www.offshore-mag.com/articles/2017/09/alpha-builds-team-for-north-sea-cheviot-
project.html
Hurricane Energy’s Lancaster Field is one of the most promising West of Shetland developments of
recent years. Hurricane suspended plans to farm out the development when it became clear they could
raise finance themselves through a share placement. Hurricane is one of few emerging firms able to
access funds in volume at this time. First oil is due in 2019 from an Early Production System (EPS).
https://www.hurricaneenergy.com/assets/Documents/ConceptualisingnewInfrastructureHubWoSPDF.
pdf?1432150035
http://www.edisoninvestmentresearch.com/downloadpdf/14493/702 http://www.offshoreenergytoday.com/hurricane-energy-raises-cash-for-lancaster-drilling-first-oil-in-
2019/
Chevron’s Rosebank Field was kicked into the long grass due to the very high cost of the
development at a time, prior to the collapse in oil price, when contractors could name their price. It
appears to be reviving with a lower cost plan. Target is still to produce 100,000 barrels per day and to
process 80MM Cuft/day. Exactly when, no-one knows. Rosebank is operated by Chevron North Sea
Limited (40%) with OMV (U.K.) Limited (50%) and DONG E&P (U.K.) Ltd (10%).
http://www.chevronunitedkingdom.com/our-businesses/operated-assets/rosebank/
Statoil has bought out its UK partners in the Utgard Field which lies across the UK/Norway border in
the North Sea. This gas & condensate development will tie back to Sleipner in the Norwegian sector.
Following a Statoil FID in 2016, the OGA approved the FDP in 2017. Production will start in 2020.
http://www.ogj.com/articles/2016/06/statoil-moves-toward-utgard-development.html http://www.statoil.com/en/NewsAndMedia/News/2016/Pages/03jun-utgard.aspx
http://www.statoil.com/en/NewsAndMedia/News/2016/Pages/28Jun_utgardtransaction.aspx
https://www.ogauthority.co.uk/data-centre/data-downloads-and-publications/field-data/
Premier (50%) and Dana (50%) are proceeding with the Tolmount gas prospect which has the
capacity to supply a significant share of the UK’s needs once in production. http://www.oedigital.com/component/k2/item/16074-premier-inks-tolmount-pact-eyes-catcher-first-oil https://www.energyvoice.com/oilandgas/north-sea/132968/sns-2017-premier-oil-closing-tolmount-investment-
call/
64
Parkmead has progressed studies for Dolphin as part of the Greater Perth area project in the UK
central North Sea, which includes the Perth and Dolphin fields across blocks 15/21a/c and 14/25a.
Production rates of up to 6,000 b/d per well have been achieved under test. http://www.offshore-mag.com/articles/2017/03/parkmead-considers-more-fields-for-greater-perth-project-in-the-north-sea.html http://www.devex-conference.org/perch/resources/1220-devex-thurs-fleming-mike-cooper-devex.pdf
Lowlander is an Outer Moray Firth field operated by Faroe Petroleum with a 100% interest. It forms
part of the Greater Perth Area along with the Perth and Dolphin fields.
http://www.devex-conference.org/perch/resources/1220-devex-thurs-fleming-mike-cooper-devex.pdf
Parkmead is looking to develop the Perth oilfield by 2021. It will produce a Field Development Plan
incorporating Perth and neighbouring Dolphin (Parkmead) and Lowlander (Faroe) prospects in one
FDP for better economies of scale in line with Wood Review recommendations.
http://www.parkmeadgroup.com/uploaded/financial/Interim_Results_for_the_six-
month_period_ended_31_December_2015.pdf
http://www.offshoreenergytoday.com/parkmead-faroe-in-talks-for-joint-fpso-use-in-north-sea/
http://www.devex-conference.org/perch/resources/1220-devex-thurs-fleming-mike-cooper-devex.pdf
Apache is developing the Seagull Field in the North Sea. Located in P1621/P1622, an appraisal well
was drilled 78 km south of the Forties complex and confirmed 672 feet of net oil pay over a 1092 foot
column in Triassic-age sands. The well was flow tested with a facility-constrained rate of 8,700 Bpd
and 16 MMcfd with a very low pressure drawdown. Apache has a 35% working interest, Talisman
holds 50% and Japex UK E&P Ltd. has 15%.
http://www.subseauk.com/documents/apache%20sut%20projects.pdf
http://www.japex.co.jp/english/newsrelease/20151102_SeagullDiscovery_E.pdf
http://www.ogj.com/articles/2015/10/apache-books-70-mmboe-in-two-north-sea-discoveries.html
https://www.energyvoice.com/oilandgas/91961/apache-makes-significant-discoveries-in-the-uk-
north-sea-of-up-to-70million-barrels/
BP is involved in some of the largest projects currently under development. Further out in the future is
the Vorlich Field development. A test well flowed at 5,350 bpd in 2014. FDP by yr end 2016.
http://www.bp.com/en/global/corporate/press/press-releases/gdf-suez-and-bp-discover-new-central-
north-sea-field.html
http://www.woodgroupfrontier.com/case-studies/field-development-options-study.pdf
BP still has Alligin as a major project on its Form 20-F in 2016 (Page 28). Now Clair and
Schiehallion are reaching completion this prospect may gain more attention.
https://www.bp.com/content/dam/bp/en/corporate/pdf/investors/bp-annual-report-and-form-20f-
2016.pdf
Dana Petroleum hoped to bring the Arran Field onstream by 2022. It suffered a major setback when
BG cancelled its plan for a Bridge Linked Platform (BLP) for the neighbouring Lomond Field which
Dana had hoped to tie in to. Shell UK Ltd 23.67796%; Zennor North Sea Ltd 47.35664%; Dana
Petroleum (E&P) Ltd 20.43207%; Dyas UK Ltd 3.41333%; Premier Oil E&P UK EU Ltd 5.12%
https://itportal.decc.gov.uk/eng/fox/path/PATH_REPORTS/current-
projects?PATH_OPERATOR_ID=109
http://www.offshoreenergytoday.com/bg-wont-build-lomond-blp/
http://www.zennorpetroleum.com/operation/arran-field/
Parkmead shut-in their Athena field in January 2016 as a result of low oil prices. It remains available
for future production when prices recover.
65
http://www.proactiveinvestors.co.uk/companies/news/169187/parkmead-hails-dutch-success-and-
north-sea-expansion-169187.html
Ithaca is the operator of the Austen Field with a stake of 75% in the venture. Well 30/1b-10,10Z
drilled by ENGIE E&P in 2012 was flow tested at a maximum rate of 7,820 boepd (approximately
50% oil). Premier Oil holds the remaining 25%.
http://www.offshoreenergytoday.com/ithaca-takes-interest-in-two-uk-north-sea-discoveries/ http://www.offshore-technology.com/news/newsithaca-energy-to-acquire-additional-interests-in-vorlich-and-austen-discoveries-4968469
Nexen, the biggest oil producer on the UKCS was seeking to develop their Black Horse prospect by
2022. Seismic on the Black Horse extension was inconclusive and plans seem to have slowed. The
2008 appraisal well on Black Horse flowed through a restricted choke at 5,248 barrels per day.
http://www.subseaiq.com/data/PrintProject.aspx?project_id=967
Statoil’s Bressay development is in the process of being re-engineered in an effort to reduce the
capital cost. Statoil don’t intend to proceed at present and a platform order was cancelled 31/7/16.
http://www.statoil.com/en/About/Worldwide/UnitedKingdom/UKUpstream/Pages/Bressay.aspx
Maersk has the Courageous Field (30/2-1) down for future development. Information released on two
appraisal wells drilled in 2016 showed the sidetrack well encountered a 123ft oil column. A well
looking for an Eastern extension was tight.
https://itportal.decc.gov.uk/pathfinder/discoveriesindex.html
http://ukdigest.canadiandiscovery.com/?q=node/57696
Siccar Point has acquired the acreage OMV secured West of Shetland including the Cambo oil & gas
prospect purchased from Hess. A well will be drilled in 2018 using Seadrill’s West Hercules rig.
http://www.offshoreenergytoday.com/siccar-point-energy-hires-west-hercules-rig-for-uk-work/
http://www.offshore-mag.com/articles/2014/03/shetland-deal-increases-omv-s-stake-in-cambo.html
http://www.offshore-mag.com/articles/2014/03/shetland-deal-increases-omv-s-stake-in-
cambo.html
Maersk has the Brochel Field down for future development. Brochel was discovered by Shell’s
15/18a-6 ST well which found a 159ft oil column with net pay of 96ft and flow of 1,950bpd.
https://itportal.decc.gov.uk/pathfinder/discoveriesindex.html
http://ukdigest.canadiandiscovery.com/?q=node/35426
Crosgan is a project being developed by Ineos (75%) the operators of the Grangemouth Refinery in
Scotland. Sterling Resources (25%) is their partner on this project which found a total of 61ft of pay
in two zones with well 42/15a-3.
http://www.sterling-resources.com/
Shell Exploration & Production have postponed development of their Fram prospect following
disappointing initial drilling results in 2013. The FPSO was cancelled. There’s been no comment from
Shell regarding Fram since 2013.
http://www.shell.co.uk/media/2013-media-releases/reassess-development-of-fram-field-in-north-
sea.html http://www.devex-
conference.org/pdf/Presentations_2012/Fram_FDP_DEVEX2012FINAL9_5_12.pdf
BG group were looking to develop their Jackdaw prospect by 2022. A Final Investment Decision
(FID) was expected to be made in 2017. The 2017 appraisal well 30/2a-8Z showed a vertical gas
column of 546ft and flowed at 1,808barrels per day (Condensate) and 20.885mmcuft gas per day.
http://bg-group.com/343/where-we-work/uk/
66
http://files.the-group.net/library/bggroup/country_data/downloads/country_uk.pdf
http://ukdigest.canadiandiscovery.com/?q=node/58538
Kepler 43/20b-2 was being developed by Ineos in association with Sterling Resources. Sterling secured an adjoining block in the 26th Offshore Licensing Round. Attempts to commercialise Kepler have failed due to a combination of small, poorly defined, resource volumes and the additional cost of dealing with the high CO2 content. Given its fallow status and lack of a firm activity plan, part block 43/20e (Kepler) was relinquished effective 30/10/2015. http://www.offshoreenergytoday.com/sterling-resources-successful-in-uk-26th-offshore-licensing-
round-awards/
https://itportal.ogauthority.co.uk/web_files/relinqs/jul2016/P608.pdf
Shell has the Puffin Field down as a future development. The Fram Field Development Plan (FDP)
shows various wells have been drilled in and around Puffin which seems to have a complex structure
and is part oil, part gas and part condensate in a difficult to drill prospect.
http://www.devex-
conference.org/pdf/Presentations_2012/Fram_FDP_DEVEX2012FINAL9_5_12.pdf
Wintershall’s Sillimanite field is located in block 44/19a in the Southern North Sea. Block 44/19a is
immediately to the north of Block 44/24, where Wintershall Noordzee BV has its Wingate
development.
https://itportal.ogauthority.co.uk/eng/fox/path/PATH_REPORTS/current-projects
https://itportal.decc.gov.uk/web_files/ems/2012/Wintershall-ems.pdf
BP identified Suilven well 204/19-8z as a field for future development West of Shetland. There has
been no update from BP on this project for several years possibly due to work at Clair and
Schiehallion.
http://www.subseaiq.com/data/Project.aspx?project_id=1829
http://www.ogj.com/articles/print/volume-95/issue-10/in-this-issue/exploration/bp-discloses-new-
west-of-shetland-strike.html
Siccar Point has acquired OMV’s West of Shetland interests including the Blackrock prospect
between Rosebank and Cambo. A well is planned in 2018.
http://www.offshore-mag.com/articles/2014/03/shetland-deal-increases-omv-s-stake-in-
cambo.html
https://oilandgasuk.co.uk/wp-content/uploads/2017/04/Building-a-highly-differentiated-private-
equity-backed-EP-business.pdf
Siccar Point has also purchased OMV’s stake in the Tornado gas prospect. The discovery well,
204/13-1 found mostly gas in Tertiary reservoir sandstones approximately 90 feet thick. The follow-
up sidetrack, 204/13-1Z was also drilled in 2009. Lack of a gas export line has halted progress.
https://itportal.decc.gov.uk/pathfinder/discoveriesindex.html
http://www.offshore-mag.com/articles/2014/03/shetland-deal-increases-omv-s-stake-in-cambo.html
http://www.dana-petroleum.com/media-centre/press-releases/2009/results-of-sidetrack-at-tornado-
west-of-shetland-uk/
https://itportal.ogauthority.co.uk/web_files/relinqs/P1190_P1262.pdf
Hurricane Energy’s Whirlwind development will follow the completion of Lancaster. Whirlwind is
located across blocks 205/21a and 205/22a in the West of Shetland, some 10km north of Lancaster
discovery. Hurricane's well, 205/21a-5 suggests 2C Contingent Resources of 205 MMboe (oil case)
or 179 MMboe (gas –condensate case) at Whirlwind.
https://www.hurricaneenergy.com/operations/hurricane-assets/whirlwind-basement-discovery
67
Nexen commenced drilling the Craster exploration well 205/15-1 on 29th May 2017 with the West
Phoenix rig. Results are awaited as we go to print.
https://www.energyvoice.com/insights/146997/wellslot-drilling-activity-steps-gear/
Nexen are lining up to drill the Glengorm exploration well as we go to print. Results expected after
data processing at the end of the year.
http://www.oedigital.com/component/k2/item/14991-nexen-to-drill-at-glengorm-with-maersk-
gallant
Statoil has just drilled the Jock Scott exploration well using the semi-sub Transocean Spitzbergen.
The well was abandoned early. Results confirmed it as dry. Shares in the field are held by Operator
Statoil (75%) and BP (25%).
https://www.oedigital.com/production/system-design/item/15998-statoil-spuds-verbier-off-uk
Parkmead is developing the Marten prospect. Statoil’s planned well this summer on the Verbier prospect, if successful, could improve development prospects for the Parkmead-operated Polecat and Marten oil fields, 12 km (7.5 mi) to the west. http://www.offshore-mag.com/articles/2017/04/parkmead-intensifying-studies-of-west-of-shetland-
prospects.html
Azinor Catalyst failed to encounter hydrocarbon at its well on the Partridge prospect in the North Sea.
https://www.oedigital.com/technology/software/item/16165-azinor-delays-agar-after-partridge-upset
Parkmead is developing the Polecat prospect. Statoil’s planned well this summer on the Verbier prospect, if successful, could improve development prospects for the Parkmead-operated Polecat and Marten oil fields, 12 km (7.5 mi) to the west. http://www.offshore-mag.com/articles/2017/04/parkmead-intensifying-studies-of-west-of-shetland-
prospects.html
Sanda North is owned by Parkmead who have yet to drill an exploration well on the field. At this
stage it is difficult to predict future output. Parkmead’s short-term focus is on low cost development in
Dutch gas fields which have brought positive cash flow and profits.
https://www.energyvoice.com/oilandgas/north-sea/147056/parkmead-completes-north-sea-licence-
acquisition/
Sanda South also awaits future development
https://www.energyvoice.com/oilandgas/north-sea/147056/parkmead-completes-north-sea-licence-
acquisition/
The Skye field is located in block 211/23b some 8 kms from Dunlin field. Dunlin is now up for
decommissioning so there is no likelihood of this field being developed in the short-term.
https://itportal.ogauthority.co.uk/web_files/relinqs/jul2016/P232_P296_P721_P2043_P2059.pdf
Halifax is another field discovered by Hurricane Energy. Drilling in 2017 suggests it is connected to
the Lancaster Field as part of a huge potential development. The 205/23-3A well for the Halifax
prospect was drilled on West of Shetlands Blocks 205/22b, 205/23, and 205/24.
http://www.offshoreenergytoday.com/hurricane-proves-halifax-linked-to-lancaster-field/ http://www.ogj.com/articles/2017/03/hurricane-completes-halifax-well-confirms-oil-discovery.html
Exploration well 205/26b-12 on the Lincoln prospect - identified ODT of 2,258m TVDSS
demonstrating that Lincoln is a separate accumulation to Lancaster and potentially part of a large
basement feature including Lincoln and Warwick.
68
https://www.hurricaneenergy.com/~/media/Files/H/Hurricane-
Energy/documents/presentations/20170711%20-%20Hurricane%20Corporate%20Presentation%20-
%203Q%202017.pdf
Dana’s Platypus Field hoped for a 2016 start. It now looks like 2018 at the earliest. Dana’s Possum
Field development is also affected. A minimal platform concept is now being considered.
An appraisal well drilled on Platypus in April 2012 flowed at a rate of 27 mmscf/d
http://www.firstoilexpro.com/assets/platypus-possum http://www.dana-petroleum.com/Media-centre/Reports-presentations/ https://www.oilandgaspeople.com/news/7917/dana-eyes-minimal-platform-concept-for-platypus-gas-field/
Statoil (70%) has drilled the Verbier prospect with co-venturers Jersey Oil & Gas (18%) and CIECO
(12%). The Verbier side-track well found a significant amount of oil as we went to press.
http://www.offshore-mag.com/articles/2017/09/statoil-to-side-track-north-sea-verbier-well.html
https://www.energyvoice.com/oilandgas/north-sea/152583/wellslot-north-sea-drilling-one-place/
Not Proceeding
Darwin
Fairfield has been acquired by Ineos. Three wells were previously drilled in partnership with Taqa.
Well 211/27e-13 was dry, and the other two 211/27e-13z and 211/27a-14 encountered only partial oil
columns. The 211/27e-13 well result showed that hydrocarbon trapping by the Brent-on-Brent fault
seal had failed.
https://itportal.ogauthority.co.uk/web_files/relinqs/jul2016/P1634.pdf
Verus Petroleum, EnQuest and KUFPEC from Kuwait were looking to bring forward the Cairngorm
Field by 2022. Enquest surrendered this Licence P1214 16-2b in October 2015. http://www.kufpec.com/Reports/KUFPEC%20Annual%20Reports/Annual%20Report%202014.pdf.pdf http://www.kufpec.com/Operations/Pages/EMEA.aspx#myAnchor
Antrim Resources has stopped developing the Fyne and Erne Fields where it hoped to produce 4,000
bpd. Wells have been plugged and abandoned. Antrim was looking to relinquish & perhaps to re-
apply for the license. Late in 2016 the business was wound up in a members’ voluntary liquidation.
http://www.antrimenergy.com/files/Antrim_2014_Annual_Report_-_Final.pdf
http://antrimenergy.com/files/Antrim_2015_Annual_Report_-_Final_220416.pdf
https://www.energyvoice.com/oilandgas/120220/antrim-energy-gone-another-north-sea-firm-bites-dust/ Taqa Global’s Darwin development appears to have been dropped following the drilling of a dry well 211/27e-13. Fairfield Energy had 50% of Darwin. Riverstone Holdings were big investors in Fairfield prior to the well being drilled. Two further wells didn’t result in a decision to proceed. http://www.fairfield-energy.com/pages/view/darwin http://www.dundasconsultants.com/files/docs/case-studies/Darwin_Development_Study.pdf
Premier Oil’s Ptarmigan a single well development 15/29a-15 - appears to have been plugged and
abandoned. Premier Oil publications focus on other developments.
http://www.premier-oil.com/premieroil/operations/global-licence-interests http://www.seafish.org/media/1487961/issue_02_oil_gas_email.pdf
ENI’s Deborah Field is a gas storage conversion of a depleted gas producing field. Consented in
2011, it is reckoned the facility would be able to store 4.6 BnCuM when full. ENI did not make a Final
Investment Decision and never proceeded to develop the field.
http://abarrelfull.wikidot.com/deborah-gas-field
69
http://utilityweek.co.uk/news/why-do-consented-gas-storage-projects-still-struggle-to-get-
financed/1140372#.V6CvuhKMVHs
Independent Oil & Gas has acquired the Vulcan Satellite Fields from Verus Petroleum just as we
were going to press. Vulcan East seemed to have dropped out of contention for development following
the re-structuring of the old Bridge Energy A/S. IOG intends to produce a Field Development Plan
and will seek to bring Vulcan East, North West and South forward.
https://www.energyvoice.com/oilandgas/66058/north-sea-new-wave-player-verus-makes-debut/ http://www.oedigital.com/component/k2/item/12698-iog-acquires-vulcan-fields Chrysaor Holdings holds the rights to develop the Phoenix prospect. Chrysaor has sold an interest in
the Solan Field over the last year and has also sold interests in Ireland. Whether these adjustments
are positive or negative for Phoenix remains to be seen. There is no Field Development Plan in place.
http://www.bnri.com/documents/Chrysaor_press%20release_2.pdf
http://www.oilandgastechnology.net/upstream-news/providence-announces-chrysaor-acquisition
Premier Oil’s Caledonia field is a watered-out asset the re-development plan is still awaited.
http://www.premier-oil.com/premieroil/media/press/trading-and-operations-update-4
https://itportal.decc.gov.uk/eng/fox/path/PATH_REPORTS/current-
projects?PATH_OPERATOR_ID=94
70
BEIS & OGA Contacts
Digest of United Kingdom Energy Statistics DUKES contacts:
Upstream Oil DUKES [email protected] Telephone: +44 (0) 300 068 5059
Energy Trends Downstream Oil
[email protected] 0300 068 5260
Downstream Gas
[email protected] 0300 068 8121
Upstream Oil & Gas
[email protected] 0300 068 8414
Petroleum Licensing (PEARS)
Mike Hawkins
tel: 0300 067 1625
Tracy Selby
Telephone: 0300 067 1622
Email: [email protected]
Field List
[email protected] Telephone: +44 (0) 300 067 1682
BEIS field partners and the percentage of their holding
Information no longer available to public on BEIS or OGA Websites
Well Operations & Notifications System (WONS) - UK production data, Oil production since
1975 and Gas flaring at oil terminals and producing offshore oilfields. Petroleum Production
Reporting System (PPRS)
[email protected] Telephone:
Oil discharged with produced water
Email: [email protected] Telephone +44 (0) 1224 254138
UKCS income and expenditure, Production projections and Production (and demand)
projections
[email protected] tel: 0300 067 1604
UK oil and gas reserves
Telephone: 0300 020 1041
Telephone: 0300 067 1614
Field Approvals and Field Start-ups
[email protected] Telephone: 0300 020 1041
Field and Pipeline Decommissioning
[email protected] on 01224 254034
Guidance on upstream oil and gas infrastructure access dispute resolution
Robert White Email: [email protected]
Environmental and Emissions Monitoring System (EEMS)
The main EEMS help desk is maintained by Collabro:
email: [email protected] tel: 01224 853453 fax: 01224 853429
Gwen Moran at [email protected] or 01224 853423
71
7) Declining Output and De-commissioning
Until last year Oil Output on the UKCS had been declining since 1999. Gas output also dropped from its peak in the year 2000 until 2013, it increased in 2015 and is again up in 2016. Oil output only rose by 1 percent in 2016 but will take off again with the addition of Schiehallion (Quad 204) in 2017 and Clair Ridge and Mariner in 2018. A report that Scotland was facing a boom in output was met with a storm of protest from the Glasgow-based Centre for Public Policy in the Regions (CPPR) who’s eminence gris John McLaren, a former Labour Party researcher, was quick to damn any such foolish notion: http://newsnetscotland.com/index.php/scottish-economy/7560-cpprs-mclaren-pours-cold-water-on-scottish-economic-recovery-claims http://www.bbc.co.uk/news/uk-scotland-scotland-politics-21936723 The Office of Budget Responsibility (OBR) accepted the Department of Energy and Climate Change (DECC) projections of future oil & gas output. We might sensibly start by looking at recent trends and how these are helping to shape projections of future output.
On the chart above can be seen the pattern of change in annual output over the period from 1980 to 2016. The addition of a trend line helps to give some perspective. Apart from a small blip in 2007 we saw twelve years of declining output. In 2014 the decline slowed dramatically and output rose in 2015. In 2016 there was a small rise, the position for the following years looks likely to show the significant increment in output we have been predicting. DECC show no positive increment in output from the record levels of capital spend seen on the UKCS over the last few years. They are predicting that the decline in underlying output will continue at an increasing rate rather than slowing the anticipated decline. They also appear to suggest that the output from new fields and from major re-developments will be negligible rather than
-25%
-20%
-15%
-10%
-5%
0%
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North Sea Oil Change in OutputAnnual Percentage Change 1980 - 2016
Source: Adapted from : https://www.ogauthority.co.uk/data-centre/data-downloads-and-publications/production-data
72
transformational. It is not clear what underlying basis there is for these assumptions. We’re told basically that “we’ve been right in the past, so trust us, we’ll be right in the future”. For me, what we have to look at is whether the decline in recent years has been part of the long-term natural rate of decline or if the industry has suffered from events which have exaggerated the decline in output. What we can see for oil is that most of the post-peak years have registered a decline in output of between 5% and 10% with three of the last six years showing figures in excess of this. There has been: 2013 Calendar Year The suspension of Schiehallion on its own accounted for almost half of the total reduction in the whole year (45.6%). Clair, Claymore, Magnus, Pierce and Don SW also contributed markedly to the decline in output. 2014 Calendar Year The arrival of Kinnoull & Golden Eagle near the end of the year helped the decline in production fall to the lowest seen since 2007. Production was predicted to rise in 2015 for the first time since 1999. 2015 Calendar Year The prediction that output would be up in 2015 was borne out. Golden Eagle and Kinnoull providing a full year’s output added over 3,000,000 Tonnes in the year. Boosts in output from Balloch and Buzzard also helped as did the Gannets, Pierce and Shearwater. New fields Peregrine, Ythan and Enochdhu also helped output to soar. On the downside, Jasmine saw a big drop in output in 2015. W 2016 Calendar Year The predicted marginal change in 2016 duly arrived. It was up just over 1% on the previous year. A fall in output from Buzzard and Jasmine was more than offset by rises at Golden Eagle, Elgin, Solan Shearwater and Enochdhu. Restoration of output from Schiehallion, the arrival of Kraken in the coming year with Clair Ridge & Mariner in 2018 will paint a very different picture. What has the position with gas output been?
2013 Calendar Year This year problems at Sean and Pierce accounted for over 70% of the drop.
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North Sea Gas Change in OutputAnnual Percentage Change 1980 - 2016
Source: https://www.ogauthority.co.uk/data-centre/data-downloads-and-publications/production-data/
73
2014 Calendar Year This year has seen a small rise in output for the first time in a number of years. Output from Breagh, Franklin, Juliet and Jasmine helped in a big way to achieve this. 2015 Calendar Year West Franklin, Rhum, Shearwater and Brodgar all added significantly to output in 2015. Jasmine and Morecambe South posted large declines. The gains outstripped the losses. In 2016 we’ll see the arrival of Laggan/Tormore providing a significant boost to gas supply, with Cygnus following in 2017. 2016 Calendar Year Laggan, Tormore and Aviat all made huge contributions to the increase in output seen in 2016. Cygnus will provide further impetus in 2017. Conclusions Boosts in oil output in 2016 from Golden Eagle, Elgin and Solan were nearly offset by declines at Buzzard, Jasmine and Kinnoul. Further progress should be achieved in 2017 Gas output improved in 2016. There will be an increase in output in 2017 from a full year for Laggan & Tormore, and the late arrival of Engie’s Cygnus field. Centrica is to empty the Rough Storage facility prior to shutdown so this will produce in 2017. Rough Storage won’t keep the UK’s lights on in the winter for much longer. This presents a significant risk for UK plc. Predicting Future Oil Output
Our analysis 2017 2018 2019 2020 2021 2022 2023 2024
Oil Output k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes
Baseline 44,925 48,666 56,107 57,574 52,660 50,415 46,226 44,801
Depletion 3,273 6,003 3,783 6,258 7,906 5,704 7,025 5,496
41,652 42,663 52,324 51,316 44,754 44,711 39,201 39,305
New Fields 7,384 14,552 7,433 2,459 6,030 2,420 5,969 2,387
Depletion 369 1,108 2,183 1,115 369 905 369 905
Prediction 48,666 56,107 57,574 52,660 50,415 46,226 44,801 40,787
Source: Author’s own calculations adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 June 2016 https://www.og.decc.gov.uk/pprs/full_production.htm
If we start off from the 2016 level of oil output and subtract a rate of decline averaging 10% per field over time (much higher than the actual rate excluding shut-downs for planned and unplanned outages in recent years) and we then add the predicted levels of additional output from new fields (factoring in a higher average rate of decline of 15% for these fields) then output in 2018 will be just over 50% higher than it was in 2014 (37,378k Tonnes).
OGUK 2017 2018 2019 2020 2021 2022 2023 2024
Oil Output k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes
Baseline 44,925 43,608 44,854 45,619 42,401 43,822 40,955 42,459
Depletion 8,332 12,198 4,485 4,562 4,240 4,382 4,096 4,245
36,593 31,410 40,369 41,057 38,161 39,440 36,859 38,214
New Fields 7,384 14,552 7,433 2,459 6,030 2,420 5,969 2,387
Depletion 369 1,108 2,183 1,115 369 905 369 905
Prediction 43,608 44,854 45,619 42,401 43,822 40,955 42,459 39,696
Source: Author’s projection of Oil & Gas UK’s Business Outlook 2017 Fig 9 https://oilandgasuk.co.uk/businessoutlook.cfm
74
Oil & Gas UK’s 2017 Business Outlook predicts a rise of 23.3% in output between 2014 and 2018. They looked at oil & gas together & gave figures of approx 1.5MM Boepd in 2014 rising to 1.85MM Boepd in 2018 in their “Central Case” scenario. Under their “Worst Case” output would rise from 1.5MM Boepd to 1.75MM Boepd, an increase of 16.67%. To get to this position the decline rate from existing fields has to be much higher than it has been historically. As output from new fields is added between 2016 and 2018 the factor for declining production in existing fields has to climb from 10% to 28.0% by 2018 – the figure of 12,198 shown in the table. This seems very unlikely to me but it reflects the considerable caution shown by Oil & Gas UK in forecasting future output. In comparison to DECC however their prediction remains positively sunny. DECC’s projection from two years ago is shown below. It saw no upturn coming and predicted a much worse decline than it had suggested in 2014. I didn’t agree.
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/287001/production_projections.pdf DECC has, reluctantly, had to accept that output rose in 2015. They predict a small fall in 2016 which I’d accept is possible and then a tiny rise in 2017 and 2018 which seems astonishingly pessimistic. DECC is saying that Schiehallion, Clair Ridge, Mariner, Kraken, Greater Stella Area, Cygnus and Catcher will add nothing to output. The truth will out.
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/503852/OGA_production_projections_-_February_2016.pdf
75
https://www.ogauthority.co.uk/media/4272/oga-projections-of-uk-upstream-oil-and-gas-production-and-expenditure-september-2017.pdf
This year we can see that the projection, now from the OGA, shows output rose in 2016. There is a suggestion that we’ll flatline in 2017 and might even do better than flatline in 2018. There is however no suggestion that output will rise by more than a couple of percent in the latter year. Our starting off point is 2,000,000 tonnes higher than predicted 12 months ago. The end point is 33% higher than two years ago. Reality is starting to have an effect.
2017 2018 2019 2020 2021 2022 2023 2024
DECC k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes
Baseline 44,925 44,925 46,000 47,000 45,000 44,000 43,000 42,000
Depletion 7,015 12,369 4,250 3,344 6,661 2,515 6,600 2,482
37,910 32,556 41,750 43,656 38,339 41,485 36,400 39,518
New Fields 7,384 14,552 7,433 2,459 6,030 2,420 5,969 2,387
Depletion 369 1,108 2,183 1,115 369 905 369 905
Prediction 44,925 46,000 47,000 45,000 44,000 43,000 42,000 41,000
Source: https://www.ogauthority.co.uk/media/4272/oga-projections-of-uk-upstream-oil-and-gas-production-and-expenditure-september-2017.pdf Note: excludes NGL output added to DECC Oil production charts & figures manually by DECC.
DECC continues to look for a decline over the next few years oblivious to the fields about to come onstream. The decline in output from existing fields needs to increase from a normal rate of perhaps 10% to as high as 15.6% in 2017 and to over 27.5% in 2018. This isn’t conceivable or possible. In OGA’s final year the opposite is the case. The natural rate of depletion has to fall in 2024 to 5.91% per cent for the OGA decline to be validated, this is far too low a rate. This prediction cannot be based on the projects coming into production over the next few years. It is not possible that all these fields can start producing and for oil output not to increase.
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Prediction for Gas Production
2017 2018 2019 2020 2021 2022 2023
k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes
Baseline 48,328,784 50,237,294 46,002,998 42,290,489 41,420,307 40,842,310 37,236,932
Depletion 4,832,878 5,023,729 4,600,300 4,229,049 4,142,031 4,084,231 3,723,693
43,495,906 45,213,565 41,402,698 38,061,440 37,278,276 36,758,079 33,513,239
New Fields 7,523,071 1,917,894 1,175,475 3,535,188 4,094,312 1,093,000 2,770,500
Depletion 781,683 1,128,461 287,684 176,321 530,278 614,147 163,950
Prediction 50,237,294 46,002,998 42,290,489 41,420,307 40,842,310 37,236,932 36,119,789
Source: Author’s own calculations adapted from Company websites and industry reports.
Predictions for oil are easily found on company websites and from industry sources. For gas the picture is much less clear. Many new fields give no figure for likely gas production. An accurate forecast therefore isn’t really possible for gas from public information sources. An attempt is made above to put what information there is into a table. I’d expect a rise in 2017 due to Cygnus and Tormore ramping up. Centrica’s output at Rough Storage is impossible to predict. Overall Conclusions Let’s look at the positives first. A full year’s output from Aviat, Cygnus and Tormore and will give a significant boost to gas output. Schiehallion, Kraken, Catcher and Western Isles will lift oil production in 2017. We should see 2017 being much better for output, profits and cash flows than 2016. On the downside, Clair Ridge and Mariner both saw their start date slip into 2018. The decline of Rough Storage appears less significant now Cygnus is online and both Laggan and Tormore reaching their production ceiling. The threat to gas and electricity supplies in a harsh winter is reducing. The following year 2018 will see a significant increase in output from a full year’s output at Schiehallion, Kraken, Catcher and Western Isles if we avoid unplanned outages. The arrival of Clair Ridge and Mariner will further boost production and give a much-needed fillip to corporate cash flows which have been under strain since the oil price crash. In terms of the market, prices recovered somewhat in 2017 but remain well below the boom times of recent years. The reasons for this are many but I’ll highlight a few: Firstly, the massive rightward shift in the supply curve as a result of fracking and enhanced oil recovery started to be offset by increasing demand in 2017. The recent pattern of high investment has given way to conserving cash. Secondly, outside of America the “drill baby drill” culture of recent years where each time Brent hit $50 production increased and the price fell back again has started to wane. Russia and Saudi Arabia have seen that by working together they can have an effect on the market price mechanism. Expect to see more of this in 2018. Rising demand and constrained output should lead to a higher price. Thirdly, we expect to see increased volumes of American Oil & Gas appearing on global markets where prices are higher. Low domestic fuel prices gives America and its manufacturers a comparative advantage at the expense of oil company profits. Exports may change this in part.
77
8) Company Turnover & Taxation
Company Turnover 2015 2014 2013 2012 2011
£m £m £m £m £m
SHELL U.K. LIMITED 4,600,000,000 6,713,000,000 7,905,000,000 9,070,000,000 11,811,000,000
CONOCOPHILLIPS (U.K.) LIMITED 2,819,300,000 4,669,600,000 8,205,300,000 15,939,000,000 35,878,700,000
Gas-Union Gmbh 2,770,113,344 2,043,351,629 1,984,899,505 1,449,372,987
NEXEN PETROLEUM U.K. LIMITED 1,847,633,705 2,562,301,265 2,658,644,046 2,210,583,348 2,089,841,229
BP EXPLORATION OPERATING COMPANY LIMITED 1,454,850,281 1,557,292,741 1,635,015,515 1,964,198,657 2,442,769,733
ESSO E & P UK LIMITED 1,078,000,000 1,192,000,000 1,413,000,000 1,329,000,000 1,837,000,000
MAERSK OIL NORTH SEA UK LIMITED 887,520,083 892,098,376 610,065,130 369,727,343 481,603,598
TAQA BRATANI 863,019,191 1,627,824,648 1,173,280,149 1,093,195,424 1,083,629,708
SUNCOR ENERGY UK LIMITED 774,507,000 1,028,630,000 1,339,988,000 1,177,936,000 1,236,947,000
TOTAL E&P UK LIMITED 739,069,000 854,817,000 1,460,536,000 1,313,704,000 1,548,789,000
APACHE NORTH SEA LIMITED 668,530,199 1,213,687,168 1,265,883,634 1,166,932,014 1,288,369,585
CHEVRON NORTH SEA LIMITED 636,100,000 824,900,000 1,169,800,000 1,467,300,000 1,735,600,000
REPSOL SINOPEC RESOURCES UK LIMITED 621,076,386 916,257,730 937,746,749 1,254,921,331 1,848,000,642
BG INTERNATIONAL LTD 617,000,000 1,054,000,000 762,000,000 815,000,000 1,101,000,000
ENQUEST HEATHER LIMITED 569,059,804 725,723,193 603,824,520 89,158,459 127,887,795
PERENCO UK LIMITED 563,792,000 702,564,000 1,051,227,000 585,499,000 348,791,000
STATOIL (U.K.) LIMITED 509,339,000 601,572,000 755,214,000 813,505,000 774,389,000
PREMIER OIL UK LIMITED 395,601,568 509,336,686 338,716,140 276,456,039 163,705,017
E. F. OIL AND GAS LIMITED 367,407,000 379,050,000 262,058,000 366,013,000 1,058,751,000
CENTRICA RESOURCES LIMITED 353,297,000 475,267,000 695,573,000 482,601,000 500,565,000
DANA PETROLEUM (E&P) LIMITED 326,318,000 343,068,000 502,767,000 592,820,000 504,816,000
ENTERPRISE OIL LIMITED 295,400,000 430,400,000 366,900,000 497,000,000 617,700,000
MURPHY PETROLEUM LIMITED 290,609,000 1,865,149,000 3,894,120,000 4,173,345,000 3,960,875,000
ENI UK LIMITED 280,712,000 663,733,000 403,950,000 463,490,000 605,621,000
78
CNR INTERNATIONAL (U.K.) LIMITED 271,723,000 371,850,000 430,746,000 525,117,000 720,046,000
INEOS UK SNS LIMITED 225,952,000 232,891,000 145,455,000 109,047,000 112,035,000
ENI ELGIN/FRANKLIN LIMITED 201,360,000 180,234,000 142,821,000 117,613,000 500,865,000
MARATHON OIL U.K. LLC 189,069,256 240,861,536 296,800,700 430,234,130 533,278,906
SSE E&P UK Limited 178,800,000 263,500,000 118,100,000 102,300,000 15,800,000
JX NIPPON EXPLORN AND PRODUCTION (U.K.) LIMITED 177,696,517 226,426,089 108,571,000 138,006,000 209,784,000
PREMIER OIL E&P UK LIMITED 177,635,000 204,090,000 166,379,000 94,398,000 214,783,000
ENDEAVOUR ENERGY UK LIMITED 155,528,117 238,090,216 210,461,478 126,298,326 25,427,938
BRITOIL 147,869,903 190,938,419 559,082,327 1,038,064,247 756,434,950
DYAS EOG LIMITED 130,384,000 176,913,000 236,781,000 207,137,000 183,496,000
ITHACA ENERGY (UK) LIMITED 121,559,056 178,561,722 149,401,862 97,283,305 77,592,581
ENI ULX LIMITED 113,368,911 110,290,093 115,437,834 133,313,592 207,649,559
MAERSK OIL UK LIMITED 109,268,819 197,316,604 161,492,771 216,737,597 237,358,818
Liverpool Bay Limited 96,309,524 89,713,382
CENTRICA NORTH SEA OIL LIMITED 94,549,000 151,897,000 193,535,000 282,861,000 253,999,000
ARCO BRITISH LIMITED, LLC 94,226,657 70,100,249 51,183,519 290,954,893 362,685,517
SHELL EP OFFSHORE VENTURES LIMITED 80,500,000 45,900,000 150,900,000 201,400,000 277,100,000
ENGIE E&P UK LTD 67,551,000 153,287,000 78,568,000 70,257,000 83,416,000
TRANSWORLD PETROLEUM (U.K.) LIMITED 62,582,872 89,429,727 58,218,986 131,729,543 156,355,927
Iranian Oil Company (U.K.) Limited 59,581,667 7,241,032 0 0 792,628
MITSUI E&P UK LIMITED 59,525,138 111,516,545 82,481,383 35,533,921
IDEMITSU PETROLEUM UK LTD. 57,186,462 57,098,560 67,222,072 78,024,118 84,477,862
Burlington Resources (Irish Sea) Limited 47,848,000 68,813,000 34,371,000 124,386,000 138,241,000
Tullow Oil SK Limited 45,075,000 93,644,000 149,152,396 140,244,873 169,469,155
ENI AEP LIMITED 45,026,000 51,359,000 62,854,000 82,182,000 95,387,000
Bayerngas Europe Limited 36,500,168 37,434,103 21,034,121 6,829,491
FAROE PETROLEUM (U.K.) LIMITED 34,450,000 31,581,000 16,384,000 29,841,000 60,066,000
NORECO OIL (UK) LIMITED 34,303,590 80,484,242 44,612,009
79
Edison E&P UK Limited 32,847,824 47,552,291 58,023,139 40,470,591 83,340,312
STAR ENERGY WEALD BASIN LIMITED 32,353,000 42,303,000 26,336,000 30,226,000 14,121,000
ISLAND GAS LIMITED 32,353,000 39,694,000 52,413,000 58,482,000 19,894,000
ORANJE-NASSAU ENERGIE UK LIMITED 31,482,659 58,199,519 99,407,234
SOJITZ ENERGY PROJECT LIMITED 26,015,335 45,471,410 43,180,772 11,967,766 19,413,912
Igas Energy plc 25,123,000 58,160,000 75,917,000 68,304,000 22,120,000
BHP BILLITON PETROLEUM GREAT BRITAIN LIMITED 24,576,828 35,941,228 115,528,784 154,555,000 205,234,000
FAIRFIELD BETULA LIMITED 22,996,000 72,317,000 95,038,234 46,681,984 62,662,950
DYAS UK LIMITED 18,902,000 48,268,000 93,473,000 110,607,000 95,359,000
OMV (U.K.) LIMITED 18,220,396 28,044,809 38,017,455 149,800,835 125,475,747
AMOCO (FIDDICH) LIMITED 18,039,496 21,363,534 31,103,296 22,650,757 48,971,857
Ithaca Gamma Limited 17,960,577 4,575,163 6,750,512 442,009
SUMMIT EXPLORATION & PRODUCTION LIMITED 17,378,266 26,506,415 3,189,695 40,497,483 37,114,007
MARUBENI OIL & GAS (U.K.) LIMITED 15,394,992 12,449,960 37,880,463 50,990,060
Zennor Resources (N.I.) Limited 15,351,910 1,148,801 15,741,504
PARKMEAD GROUP plc 10,441,000 18,639,000 24,656,000 4,070,000 2,948,901
HUMBLY GROVE ENERGY LIMITED 10,328,000 15,507,000 14,101,000 15,500,000 10,865,000
MARUBENI OIL & GAS (NORTH SEA) LIMITED 10,308,826 17,585,956 26,719,950 26,618,586 112,499,194
Hansa Hydrocarbons Limited 8,969,624 20,870,016 580,034
Bowland Resources Limited 8,847,000 12,150,000 3,592,000
VERUS PETROLEUM (SNS) LIMITED 8,128,150 12,090,541 19,956,134 16,616,855 25,531,816
Verus Petroleum (SNS) Limited 8,128,150 12,090,541 19,956,134 16,616,855 25,531,816
Wingas Storage UK Limited 8,099,733 14,470,950 13,195,311 856,756 30,645
MOLGROWEST (I) LIMITED 7,032,000 18,391,000 24,372,017 26,250,564 35,189,640
DYAS EXPLORATION UK LIMITED 7,024,000 16,323,000 2,134,000
MCX DUNLIN (UK) LIMITED 6,905,000 30,280,194 32,364,043 14,445,334 20,403,382
SPIKE EXPLORATION UK LTD 6,855,501 15,164,204 12,920,710
Alpha Petroleum Resources Limited 6,257,000 5,398,000 9,142,000 16,499,000 13,359,000
80
RIGEL PETROLEUM (NI) LIMITED 4,857,771 7,516,604 7,994,322 13,391,823 21,583,681
NOBLE ENERGY (OILEX) LIMITED 4,083,606 11,005,480 14,763,980 69,074,205 130,366,849
TRAP OIL LTD 4,065,795 13,416,064 30,309,304 1,674,698 804,166
CIECO EXPLORATION AND PRODUCTION (UK) LIMITED 3,933,000 15,690,000 23,850,000 25,899,000 28,326,000
ISLAND GAS (SINGLETON) LIMITED 3,918,000 8,363,000 13,999,000 10,432,000 9,786,000
FAROE PETROLEUM (ROGB) LIMITED 3,721,000 14,395,000 11,707,360 15,484,256 45,287,142
MCX OSPREY (UK) LIMITED 3,090,000 17,858,517 8,511,212 4,903,349 16,966,568
ITHACA MINERALS (NORTH SEA) LIMITED 2,568,898 7,889,915 7,805,506 7,664,368 11,645,819
EQ PETROLEUM SABAH LIMITED 2,308,837 4,122,085 140,181
EUROPA OIL & GAS LIMITED 1,269,000 2,205,000 3,878,000 4,503,000 5,080,000
Calenergy Gas Limited 948,000 1,099,000 1,977,000 2,971,000 3,860,000
EGDON RESOURCES U.K. LIMITED 879,261 1,286,202 1,892,877 2,266,952 2,356,256
Euroil Exploration Limited 502,971 832,240 1,116,397 1,047,462 1,431,628
ANGUS ENERGY WEALD BASIN NO.3 LIMITED 445886 801373 0 911,554 1,166,350
Third Energy UK Gas Limited 428,000 897,255 506,075 826,624 1,315,129
ATLANTIC PETROLEUM UK LIMITED 326,551 21,574,179 47,529,368 64,921,188 50,606,444
UK Oil & Gas Investments plc 240,000 7,000 0 0 2,195,000
TERRAIN ENERGY LIMITED 108,190 212,434 440,000 245,931 308,072
Doriemus plc 57,000 130,000 235,100 915,886 1,044,472
Egdon Resources Avington Limited 30,485 60,704 99,274 116,971 93,985
Dorset Exploration Limited 2,098 16,980 7,927 12,153
Paladin Resources Limited 1,540 3,849
NORTHERN PETROLEUM (UK) LIMITED 0 63,160 84,009 97,974 84,746
ALBA RESOURCES LIMITED 0 26,000 170,000 223,000 177,000
Ithaca Causeway Limited 0 0 143,017,114 589,141
NORTH SEA ENERGY (UK) LIMITED 0 0 1,367,638 2,500,458 4,958,811
MARATHON OIL NORTH SEA (G.B.) LIMITED 0 0 0 0 0
ITHACA CAUSEWAY LIMITED 0 0 143,017,114 589,141
SUMMIT PETROLEUM DORSET LIMITED 0 0 0 27,021,617 26,210,838
81
EWE VERTRIEB GMBH 0 0 0
UKOG (GB) LIMITED 0 0 281 269,000 249,000
FINA EXPLORATION LIMITED 0 118,953,000
FIRST OIL AND GAS LIMITED 78,042,000 275,000
FIRST OIL EXPRO LIMITED 60,076,000 93,756,000 53,223,000 72,142,000
IONA UK HUNTINGTON LIMITED 56,438,713 35,705,354
Sterling Resources (UK) Limited 43,418,000 1,848,000 42,000 796,000
ZEUS PETROLEUM LIMITED 15,217,000 21,789,000 1,147,000
WINTERSHALL (E&P) LIMITED
WINTERSHALL (UK NORTH SEA) LIMITED
SCHIEHALLION OIL & GAS LIMITED 47,000
EUROPA OIL & GAS (WEST FIRSBY) LIMITED
BLACKLAND PARK EXPLORATION LIMITED
CIRQUE ENERGY (UK) LIMITED
Aurora Energy Resources Limited
IS E&P Limited
IS NV Limited
ONSHORE PRODUCTION SERVICES LIMITED
Ecorp Oil & Gas UK Limited
27,937,789,374 38,872,504,722 46,761,481,318 55,064,908,117 80,160,313,851
Turnover has fallen significantly due primarily to the fall in the oil price over the last two years. Output rose in 2015 as we predicted but a recovery in price will be needed before these developments start to feed through to an improved out-turn for the Chancellor. The decline in turnover and profitability has led firms to shed staff and to cut wages in an effort to control costs. This initially increases losses and will only show up in profits further down the line. For the individuals involved, the losses are immediate and devastating. Many staff are re-training for a life outside the oil industry. In a double-whammy Westminster chose to cut spending on renewables just when the oil industry was on its knees. Staff consequently had no opportunity to switch to the renewables sector which would have helped minimise the damage to oil-dependent economies. Oil prices in 2016 had an average lower than in 2015. The damage continued. Prices have recovered somewhat in 2017.
82
Company Taxation 2015 2014 2013 2012 2011
£m £m £m £m £m
ARCO BRITISH LIMITED, LLC -£190,960,843 £551,930,354 £33,482,635 -£90,930,591 -£141,508,695
ENGIE E&P UK LTD -£164,908,000 £256,835,000 £87,006,000 £16,135,000 -£18,571,000
PREMIER OIL UK LIMITED -151,913,777 £210,836,630 £82,752,060 £31,048,743 £81,109,248
SUNCOR ENERGY UK LIMITED -£114,461,000 -£466,987,000 -£753,513,000 -£594,168,000 -£589,339,000
Zennor Resources (N.I.) Limited -£104,514,373 £98,843,078
MOLGROWEST (I) LIMITED -£54,294,000 £49,266,000 £5,852,222 -£2,941,855 £279,778
DYAS EOG LIMITED -£18,622,000 -£89,511,000 -£124,628,000 -£110,624,000 -£105,679,000
Edison E&P UK Limited -£14,025,662 £1,662,836 -£1,008,811 £4,621,118 -£7,371,030
SOJITZ ENERGY PROJECT LIMITED -£11,332,094 £1,565,005 £38,999,803 £11,801,599 -£4,044,869
ENDEAVOUR ENERGY UK LIMITED -£11,272,687 £40,189,362 £1,373,869 -£8,629,648 -£11,568,797
MITSUI E&P UK LIMITED -£10,103,163 £48,038,743 £672,797 -£631,585
ENI AEP LIMITED -£7,163,000 -£5,301,000 -£1,039,000 -£22,823,000 -£31,696,000
Wingas Storage UK Limited -£5,450,000 £7,627,000 £6,686,000 £2,355,464 -£8,452,607
SUMMIT EXPLORATION & PRODUCTION LIMITED -£2,126,295 -£2,753,903 -£1,644,594 -£8,636,660 -£2,339,354
HUMBLY GROVE ENERGY LIMITED -£1,783,000 £563,000 -£2,215,000 -£1,477,000 £4,474,000
ORANJE-NASSAU ENERGIE UK LIMITED -£1,490,516 0 -£25,637,439 -£32,606,445
PARKMEAD GROUP plc -£274,000 -£529,000 £200,000 -£303,000 £4,225
MURPHY PETROLEUM LIMITED -85,000 £19,229,000 £2,772,000 -£46,176,000 -£36,997,000
Gas-Union Gmbh -£38,888 -£9,000,794 -£1,105,053 -£5,547,125
NORECO OIL (UK) LIMITED 0 -£20,728,768 -£3,348,501 £8,976,436 £8,349,774
ENI ULX LIMITED 0 -£9,031,199 £14,495,618 £27,657,684 -£59,627,329
FAIRFIELD BETULA LIMITED £0 £82,424,000 0 -£7,288,894 £4,242,002
TRAP OIL LTD £0 0 0 0 0
Ithaca Causeway Limited £0 0 -£19,215,710 £19,163,383
NORTH SEA ENERGY (UK) LIMITED £0 £0 £0 £635,927 £1,229,922
83
Egdon Resources Avington Limited £0 £0 £0 £0 £0
EGDON RESOURCES U.K. LIMITED £0 0 0 0 0
VERUS PETROLEUM (SNS) LIMITED £0 0 0 0 £5,403,668
ANGUS ENERGY WEALD BASIN NO.3 LIMITED £0 £0 £0 £0 £0
TERRAIN ENERGY LIMITED £0 £0 £0 £0 £0
ALBA RESOURCES LIMITED £0 £0 £0 £0 £216,000
Dorset Exploration Limited £0 0 £0 £0 £0
UK Oil & Gas Investments plc £0 0 £0 £0 £160,000
Bayerngas Europe Limited £0 £0 £0 £3,667
Hansa Hydrocarbons Limited £0 £0 £0
Alpha Petroleum Resources Limited £0 £0 £0 £141,523,000 £12,186,000
Third Energy UK Gas Limited £0 £0 £0 £0 £0
Doriemus plc £0 £0 £0 £0 £0
MARATHON OIL NORTH SEA (G.B.) LIMITED £0 £0
SUMMIT PETROLEUM DORSET LIMITED £0 0 0 -£17,204,027 -£12,080,545
EWE VERTRIEB GMBH £0 0
SCHIEHALLION OIL & GAS LIMITED £0 0 -£22,456,000
EUROPA OIL & GAS (WEST FIRSBY) LIMITED £0 0
BLACKLAND PARK EXPLORATION LIMITED £0 0
CIRQUE ENERGY (UK) LIMITED £0 0
UKOG (GB) LIMITED £0 0 £106 -£10,000 £3,000
Aurora Energy Resources Limited £0 0
ONSHORE PRODUCTION SERVICES LIMITED £0 0
Ecorp Oil & Gas UK Limited £0 0
FINA EXPLORATION LIMITED £0 0 -£48,462,000
NORTHERN PETROLEUM (UK) LIMITED £0 £34,608 -£38,717
SPIKE EXPLORATION UK LTD £0 £3,633,689 £960,586
Iranian Oil Company (U.K.) Limited £39,383 £2,828,678 £3,938,385 £5,100,730 -£2,702,878
84
STAR ENERGY WEALD BASIN LIMITED £46,000 £96,000 £105,000 £14,633,000 £406,000
Paladin Resources Limited £92,372 £0 -£21,546 -£2,144,310 -£194,118
EUROPA OIL & GAS LIMITED £261,000 £2,340,000 £307,000 -£515,000 £730,000
MCX OSPREY (UK) LIMITED 276,000 -£9,475,791 £8,367,857 -£16,899,163 £14,082,225
FAROE PETROLEUM (U.K.) LIMITED £873,000 £29,964,000 0 0 £4,531,000
NOBLE ENERGY (OILEX) LIMITED 1,261,529 £25,846,042 -£5,134,350 £7,110,183 -£52,929,650
MARUBENI OIL & GAS (NORTH SEA) LIMITED £1,378,288 £251,263 -£387,909 -£7,932,839 -£18,155,368
ISLAND GAS (SINGLETON) LIMITED £1,393,000 -£94,000 -£3,392,000 £13,511,000 -£2,680,000
Calenergy Gas Limited £1,451,000 £659,000 £346,000 -£743,000 -£1,032,000
BHP BILLITON PETROLEUM GREAT BRITAIN LIMITED 2,049,804 £24,088,398 -£6,785,457 -£41,181,000 -£63,889,000
FAROE PETROLEUM (ROGB) LIMITED £2,575,000 -£4,243,000 -£314,227 -£5,065,450 -£19,211,699
ISLAND GAS LIMITED £2,825,000 -£1,810,000 -£13,495,000 -£716,000
EQ Petroleum Sabah Limited £3,179,113 -£1,288,584 -£16,505 -£19,805
Euroil Exploration Limited £5,119,688 £595,762 -£31,292 £147,426 £401,722
MARUBENI OIL & GAS (U.K.) LIMITED £5,709,480 £263,884,702 £34,191,524 £3,062,526
Bowland Resources Limited £5,859,000 -£1,052,000 £315,000
ATLANTIC PETROLEUM UK LIMITED £5,886,344 £10,510,455 -£6,266,003 -£18,974,233 -£8,862,003
IDEMITSU PETROLEUM UK LTD. £7,477,780 £12,595,515 £19,240,173 £6,126,620 -£8,314,186
CENTRICA NORTH SEA OIL LIMITED £8,862,000 £17,982,000 -£26,382,000 £7,081,000 -£52,896,000
AMOCO (FIDDICH) LIMITED £10,149,242 -£2,793,397 £0 £0 -£24,189,566
RIGEL PETROLEUM (NI) LIMITED £10,255,632 £62,518,513 £2,451,310 -£4,397,848 -£6,859,621
Ithaca Gamma Limited £11,321,589 £10,773,751 £5,853,964 £18,502,216
Liverpool Bay Limited £12,086,431 -£18,779,074
DYAS EXPLORATION UK LIMITED £16,263,000 £20,835,000 £10,961,000 -£1,403,061
Igas Energy plc £17,257,000 £23,769,000 -£10,277,000 -£12,356,000 £5,773,000
Tullow Oil SK Limited £17,766,000 £114,734,000 £16,224,934 -£28,345,459 -£20,264,774
MARATHON OIL U.K. LLC £21,426,838 -£10,544,961 -£63,536,546 -£109,787,802 -£148,757,467
ITHACA MINERALS (NORTH SEA) LIMITED £27,762,425 £15,180,548 £715,653 £12,389,805 £1,850,391
MCX DUNLIN (UK) LIMITED £31,653,000 -£1,664,999 -£7,491,287 £13,898,670 £16,732,283
85
BRITOIL 39,859,049 £1,343,333,082 -£228,797,122 -£378,334,083 -£251,949,888
TRANSWORLD PETROLEUM (U.K.) LIMITED £41,817,492 £201,903,962 £57,022,285 -£22,171,726 -£45,750,723
ENI ELGIN/FRANKLIN LIMITED £42,212,000 -£37,047,000 -£41,659,000 -£66,302,000 -£241,402,000
SHELL EP OFFSHORE VENTURES LIMITED 43,300,000 £22,700,000 -£24,600,000 -£97,700,000 -£101,500,000
CIECO EXPLORATION AND PRODUCTION (UK) LIMITED £47,323,000 £17,775,000 -£2,637,000 -£4,988,000 -£11,683,000
SSE E&P UK Limited £50,000,000 -£102,200,000 -£36,600,000 -£33,400,000 -£5,600,000
INEOS UK SNS LIMITED 56,380,000 £35,481,000 £22,003,000 -£151,000 -£24,659,000
DYAS UK LIMITED £68,347,000 £17,203,000 £34,768,000 £69,029,000 -£36,805,000
Burlington Resources (Irish Sea) Limited £71,883,000 -£9,227,000 £5,067,000 -£38,338,000 -£50,782,000
NEXEN PETROLEUM U.K. LIMITED 96,960,369 -£903,645,641 -£917,998,290 -£912,648,245 -£1,006,841,358
E. F. OIL AND GAS LIMITED £106,293,000 -£85,529,000 -£71,645,000 £102,464,000 -£604,459,000
MAERSK OIL UK LIMITED 125,398,691 £92,467,862 -£245,539 £18,671,685 £27,421,780
MAERSK OIL NORTH SEA UK LIMITED 126,723,445 £522,211,531 -£84,514,133 -£87,405,015 -£150,385,480
REPSOL SINOPEC RESOURCES UK LIMITED 133,794,281 £2,683,590,350 £714,324,949 -£78,379,833 -£466,020,559
PREMIER OIL E&P UK LIMITED £143,200,000 -£8,803,000 £1,925,000 £40,200,000 -£120,771,000
CONOCOPHILLIPS (U.K.) LIMITED £148,500,000 £121,900,000 -£226,600,000 -£564,600,000 -£920,800,000
STATOIL (U.K.) LIMITED 158,765,000 £51,971,000 -£79,103,000 £20,552,000 -£33,390,000
ENTERPRISE OIL LIMITED £159,000,000 -£68,500,000 -£115,200,000 -£219,000,000 -£261,800,000
CENTRICA RESOURCES LIMITED £166,350,000 £210,579,000 £46,877,000 -£195,126,000 -£125,225,000
JX NIPPON EXPLORN AND PRODUCTION (U.K.) LIMITED £170,169,594 £19,944,539 £53,616,000 -£34,384,000 -£73,019,000
ITHACA ENERGY (UK) LIMITED 182,736,303 £133,266,662 £11,288,704 £27,110,318 £1,954,526
SHELL U.K. LIMITED £185,000,000 £315,000,000 £73,000,000 -£266,000,000 -£57,000,000
DANA PETROLEUM (E&P) LIMITED 213,794,000 £123,274,000 -£130,798,000 -£145,590,000 -£148,264,000
CHEVRON NORTH SEA LIMITED £221,900,000 -£167,500,000 -£404,000,000 -£622,100,000 -£739,600,000
ESSO EXPLORATION AND PRODUCTION UK LIMITED £240,000,000 £157,000,000 £17,000,000 -£228,000,000 -£474,000,000
ENI UK LIMITED £252,554,000 -£87,964,000 -£88,765,000 -£171,964,000 -£283,038,000
CNR INTERNATIONAL (U.K.) LIMITED £267,176,000 £95,384,000 £107,172,000 -£72,841,000 -£238,942,000
PERENCO UK LIMITED £298,025,000 -£619,000 -£254,259,000 -£128,862,000 -£54,979,000
86
BP EXPLORATION COMPANY LIMITED 306,295,897 £1,336,677,700 -£369,537,202 -£113,902,274 -£1,062,287,880
APACHE NORTH SEA LIMITED £359,619,161 -£200,913,709 -£12,558,631 -£338,773,042 -£450,573,664
BG INTERNATIONAL LTD £513,000,000 £84,000,000 £17,000,000 -£83,000,000 -£17,000,000
ENQUEST HEATHER LIMITED £519,677,179 £228,423,524 -£92,673,137 £94,764,221 -£31,080,562
TAQA BRATANI LIMITED 661,847,664 -£43,982,757 -£191,798,667 -£342,707,605 -£400,189,961
TOTAL E&P UK LIMITED £666,044,000 £389,101,000 -£322,735,000 -£405,726,000 -£515,168,000
FIRST OIL AND GAS LIMITED -£27,263,000 £17,456,000 £15,626,000
IONA UK HUNTINGTON LIMITED -£15,233,164 -£8,156,181 £3,219,640 £1,818,516
ZEUS PETROLEUM LIMITED 0 0 0
WINTERSHALL (E&P) LIMITED 0
WINTERSHALL (UK NORTH SEA) LIMITED 0
IS E&P Limited 0
IS NV Limited 0
OMV (U.K.) LIMITED £53,580,175 £26,289,566 -£78,111,789 -£23,658,208
FIRST OIL EXPRO LIMITED £61,495,000 -£20,350,000 £1,967,000 -£16,048,000
Sterling Resources (UK) Limited £124,340,000
£6,251,682,765 £8,040,717,578 -£3,193,436,410 -£6,187,382,345 -£10,392,595,224
Tax rebates in 2015 were slightly lower than in 2014 as we predicted last year. Rebates claimed by firms exceeding receipts for the second time in a row. The nation is still paying the oil industry to take the oil away. This year demands for still further “cuts” in the taxes which aren’t being paid morphed into demands for relief on decommissioning burdens. Additional relief for decommissioning will be given from April 2018. Businesses were driven into losses by the fall in oil prices. Assets were written down by a steep percentage & businesses suffered a paper loss when this happened. The Corporation Tax return then turned a paper loss into a cash receipt by allowing the oil company to reclaim a share of the loss of value written off from CT previously paid to HM Treasury. Values are now rising again but the reverse won’t happen. Tax isn’t paid as the gain sits in a Revaluation Reserve in the Balance Sheet & doesn’t hit the P&L. As predicted, 2014 proved to be the peak year for write-offs and refunds. By 2017 tax will be paid again.
87
9) Company Profile and Contact Details
Company Name Address Directors Telephone Web Address ALBA RESOURCES LIMITED 50 Lothian Road
Edinburgh EH3 9BY Simon J Thomson Paul J Mayland James D Smith
0131 475 3000 http://www.cairnenergy.com
Alpha Petroleum Resources Limited Victoria House No. 1 London Square Cross Lanes Guildford GU1 1UN
Andrew Crouch Arun Subbiah Graham Walters Daniel Reis Nicholas Clayton
01483 307200 http://www.alphapetroleum.com/index.php
ALTA QUEST ENERGY CORP (UK) LTD 34 ARLINGTON ROAD LONDON NW1 7HU
Rupert Green 01522 500539
AMOCO (FIDDICH) LIMITED 1 Wellheads Avenue Dyce Aberdeen AB21 7PB
Sandra MacRae 01224 832000 http://www.bp.com
ANGUS ENERGY WEALD BASIN NO.3 LIMITED
Building 3, Chiswick Pk 566 Chiswick High Street London W4 5YA
Jonathan Tidswell-Pretorius Paul Vonk
0208 899 6380 www.angusenergy.co.uk
Antrim Resources (N.I.) Limited 1 Queens Terrace Aberdeen AB10 1XL
Ian Suttie Steven Bowyer Brian Cameron Martin Suttie
01224 624666 http://www.firstoilexpro.com
APACHE NORTH SEA LIMITED Caledonia House, Prime Four Business Park Kingswells Causeway Aberdeen AB15 8PU
Jon Sauer Grady Ables Jon Graham
01224 505 000 http://www.apachecorp.com/
88
ARCO BRITISH LIMITED, LLC 1 Wellheads Avenue Dyce Aberdeen AB21 7PB
John Bartlett Trevor Garlick James Halliday David Goodwill David Lynch
01224 832000 http://www.bp.com
ATLANTIC PETROLEUM UK LIMITED 26/28 Hammersmith Grove London W6 7BA
Ben Arabo 0208 834 1045 http://www.petroleum.fo
Aurora Energy Resources Limited The Office, Westfield Estate Milltimber Aberdeenshire AB13 0EX
Ken McHattie Larry Kinch Ian Roche Margaret Stoddart Tristan Cutler
01224 748414 http://www.aurora-petroleum.com
Bayerngas Europe Limited Suite 4A 160 London Rd Sevenoaks TN13 1BT
Gerald Harrison 01959 567450 http://www.bayerngasnorge.com/
BG Group Shell Centre London SE1 7NA
Alan McLean Sami Iskander Steven Phimister Russell O'Brien Kate Jackson Martinus Ten Brink Simon Constant-Glemas Brian Eggleston Paul Goodfellow
01189 353222 http://www.bg-group.com
89
BHP Billiton Limited Nova South 160 Victoria Street London SW1E 5LB
Stewart Cox Maree Robertson Kenneth Bramlett Geraldine Slattery
0207 802 4000 http://www.bhpbilliton.com
BLACKLAND PARK EXPLORATION LTD 34 ARLINGTON ROAD LONDON NW1 7HU
Stephen Goschalk Rupert Lycett-Green Vermund Aarflot John Lycett Green James Dunn
01522 500539
Bowland Resources Limited MILLSTREAM MAIDENHEAD ROAD WINDSOR SL4 5GD
Kenneth Robertson Paul Tanner Andrew Le Poidevin Steinar Meland
01753 494000 http://www.centrica.com/
BP EXPLORATION OPERATING COY LIMITED
1 Wellheads Avenue Dyce Aberdeen AB21 7PB
John Bartlett Peter Mather David Lynch Peter Miller Karen Maclennan Emma Delaney-McKnight Mark Thomas Bruce Price
01224 832000 http://www.bp.com
BRITOIL LIMITED 1 WELLHEADS AVENUE DYCE ABERDEEN AB21 7PB
Peter Mather David Lynch Peter Miller Karen Maclennan Sandra MacRae Mark Thomas Bruce Price
01224 832000 http://www.bp.com
90
Brockham Capital Limited Squires Farm Logmore Lane Dorking Surrey RH4 3JL
Alexander Brodie
Burlington Resources (Irish Sea) Limited
Rubislaw House, Anderson Drive Aberdeen AB15 6FZ
Andrew Hastings Terri King Ross Stalker
01224 205000 http://www.conocophillips.com/
Cairn Energy plc 50 Lothian Road Edinburgh EH3 9BY
Iain McLaren Peter Kallos Todd Hunt Keith Lough Simon Thomson Mary Shepherd Alexander Berger Ian Tyler James Smith
0131 475 3000 http://www.cairnenergy.com/
Calenergy Gas Limited Level Three 55 Drury Lane London WC2B 5SQ
Michael Sparkes Peter Youngs Thomas Fielden
0207 208 1600 http://www.calenergy.com/
CENTRICA RESOURCES LIMITED MILLSTREAM MAIDENHEAD ROAD WINDSOR SL4 5GD
Christopher Cox Kenneth Robertson Paul Tanner Andrew Le Poidevin Fraser Weir Steinar Meland
01753 494000 http://www.centrica.com
91
CHEVRON NORTH SEA LIMITED Chevron House Hill of Rubislaw Aberdeen AB15 6XL
Anthony McGarva Richard Hinkley Tearle Harlan Greta Lydecker David Dillard Roderick Green
01224 334000 http://www.chevron.com
CIECO E & P (UK) LIMITED 18th Flr Broadgate Tower 20 Primrose Street London EC2A 2EW
Shoji Hirokawa Suo Ishibashi Toshiyuki Mori
0207 070 5800 http://www.cieco.co.uk/
CIRQUE ENERGY (UK) LIMITED First Floor Templeback 10 Templeback Bristol BS1 6FL
Stephen Bushell Terry Lindquist Steve Polowick Robert Yanota Rick Quigley
01823 275875
CNR INTERNATIONAL St Magnus House Guild Street Aberdeen AB11 6NJ
Timothy McKay Barry Duncan David Whitehouse William Bell Andrew McBoyle
01224 303600 http://www.cnrinternational.com
CONOCOPHILLIPS (U.K.) LIMITED Rubislaw House, Anderson Drive Aberdeen AB15 6FZ
Andrew Hastings Malcolm Rice-Jones Terri King Ross Stalker Birger Balteskard
01224 205000 http://www.conocophillips.com
92
DANA PETROLEUM King’s Close 62 Huntly Street Aberdeen AB10 1RS
Dr Robert Elliot Jungwoo Seo Laura Hutchison Bert Van Dalen
01224 616000 http://www.dana-petroleum.com
Dart Energy Limited 46 Hyde Road Paignton Devon TQ4 5BY
Alan Schutt
Doriemus plc Suite 3B, Jermyn Street London SW1Y 6DN
Grant Roberts David Lenigas Donald Strang Hamish Harris
0207 440 0642 http://www.doriemus.co.uk/home
Dorset Exploration Limited The Wheat House 98 High Street Odiham Hampshire RG29 1LP
Mark Abbott Jeremy Field
01256 702292 01428 713608
http://www.egdon-resources.com/
DYAS EOG LIMITED 5TH FLOOR 1 EXCHANGE CRESCENT Edinburgh EH3 8UL
Adam Thompson Petrus Waaijer Robert Baurdoux Matthew Hickin
0131 229 6907 www.shv.nl
DYAS UK LIMITED ATHENA HOUSE ATHENA DRIVE TACHBROOK PARK WARWICK CV34 6RL
Petrus Waaijer Adam Thompson Robert Baurdoux Matthew Hicken
00 31 30 2338 434
http://www.dyas.nl
E. F. OIL AND GAS LIMITED Crawpeel Road, Altens Industrial Estate, Aberdeen, AB12 3FG
Iain McCombie Pierre Ozon Elis. Van Heeswijk Alain Pouthas
01224 297000 http://www.uk.total.com
93
Ecorp Oil & Gas UK Limited The Wheat House 98 High Street Odiham Hampshire RG29 1LP
John Thrash Robert Voorhees
01256 702292 http://www.egdon-resources.com/
Edison E&P UK Limited 1 Cavendish Place London W1G 0QF
Philippe Antoine Guiseppe D'Ali Pierluigi Nalin Fabio Dubini Roberto Cozzi Alessandro Agostini
00 47 52 97 71 00 http://www.edison-norge.no/contact-us
EGDON RESOURCES U.K. LIMITED The Wheat House 98 High Street Odiham Hampshire RG29 1LP
Philip Stephens Mark Abbott Walter Roberts James Elston Martin Durham Jeremy Field
01256 702292 http://www.egdon-resources.com/
ENDEAVOUR ENERGY UK LIMITED 40 Queens Road Aberdeen AB15 4YE
Catherine Stubbs Steven Pully Joseph McInnes George Sandison James Lachance Gary Hanna
01224 202850 http://www.endeavourcorp.com/
ENGIE E&P UK LTD Union Plaza, Union Wynd Aberdeen AB10 1SL
Benoit Mignard Ruud Zoon H. Verbockhaven Maria Hanssen Laurent Dallet
01224 269 800 http://www.engie-ep.co.uk/
ENI UK LIMITED ENI House 10 Ebury Bridge Road London SW1W 8PZ
Rosalyn Stallard Carlo Russo Luigi Piro Francesca Rinaldi Gianluigi Ferrara
0207 344 6000 www.eniuk.co.uk
94
ENQUEST HEATHER LIMITED Annan House Palmerston Road Aberdeen AB11 5QP
Stefan Ricketts Paul Massie Rebecca Brown Neil McCulloch
01224 975000 http://www.enquest.com
ENTERPRISE OIL LIMITED Shell Centre 8 York Road London SE1 7NA
Gary Archibald Marianne Eide Frits Klap Johannes Van Bunnik
0207 925 4000 http://www.shell.co.uk
EQ PETROLEUM (SABAH) LIMITED Annan House Palmerston Road Aberdeen AB11 5QP
Stefan Ricketts Faysal Hamsa John Penrose Rebecca Brown
01224 975000 http://www.enquest.com
ESSO E & P UK LIMITED Exxon Mobil House Mail Point 21, Ermyn Way Leatherhead, Surrey KT22 8UX
Peter Clarke Jay Jackson William Don
01372 222000 http://www.exxonmobil.co.uk
Euroil Exploration Limited Hyde Park House 5 Manfred Road London SW15 2RS
Colin Heatley Pierluigi Nalin Alessandro Agostini Roberto Cozzi Giorgio Bolis
EUROPA OIL & GAS 6 PORTER STREET LONDON W1U 6DD
Philip Greenhalgh Hugh Mackay
0207 224 3770 http://www.europaoil.com
EWE VERTRIEB GMBH Mcgrigors LLP Johnstone House 52-54 Rose Street Aberdeen AB10 1UD
http://www.ewe.de/
95
Fairfield Energy plc 19 Abercrombie Ct, Prospect Rd Westhill AB32 6FE
Ian Sharp Andrew Hockey John Wiseman
01224 320500 www.fairfield-energy.com
FAROE PETROLEUM (ROGB) LIMITED 30 Crown Place London EC2A 4ES
Jonathan Cooper Julian Riddick
http://www.rocoil.com.au
FAROE PETROLEUM (U.K.) LIMITED 24 Carden Place Aberdeen AB10 1UQ
Julian Riddick Graham Stewart Jonathan Cooper Helge Hammer
01224 650 920 http://www.faroe-petroleum.com
FINA EXPLORATION LIMITED Total House, Tarland Road, Westhill Aberdeen AB32 6JZ
Michael Borrell Elisabeth Proust-Van Heeswijk Emmanuel L'Ebraly
01224 297000 http://www.uk.total.com
Gas-Union Gmbh 21 Tudor Street London EC4Y 0DJ
Dr Oliver Malerius Dr Jens Nixdorf
00 49 69 3003 - 0 https://www.gas-union.de/24-1-The-company.html
Gazprom Germania Markgrafenstraße 23 Berlin, 10117 Germany
Andrey Biryulin Vyach. Krupenkov
00 49 30 20195 - 0
www.gazprom.com/press/reports/2015/global-approach/
Hansa Hydrocarbons Limited 67-68 Longacre London WC2E 9JD
Simon Lunn Patrick Kennedy John Martin Willem Tortike
0207 836 9980 http://www.hansahydrocarbons.com/
HUMBLY GROVE ENERGY LIMITED Weston Common The Avenue, Lasham Alton, Hants GU34 5SY
Fergal Murphy Arthur Moors Wan Adnan Mohamed Hadi
01256 381621 http://www.humblyenergy.co.uk/
96
IDEMITSU PETROLEUM UK LTD. 6th Floor, Shaftesbury House, 151 Shaftesbury Ave, London WC2H 8AL
Kazuo Okamoto Shogo Hirahara
0207 395 6140 http://www.iog-idemitsu.co.jp/eng/project/uk/index.html
Igas Energy plc 7 Down Street London W1J 7AJ
Francis Gugen John Bryant Cuthbert McDowell Robin Pinchbeck Stephen Bowler John Blaymires
0207 993 9899 http://www.igasplc.com
INEOS UK SNS LIMITED 4th Floor, 90 High Holborn London WC1V 6LJ
Andrew Pizzey Mark Hughes Douglas Scott David Brooks
0203 116 0200 http://www.ineos.com/
IONA ENERGY COMPANY (UK) LIMITED
LOWER GROUND SUITE 3 QUEENS GATE ABERDEEN AB15 5YL
Iain McKendrick Thomas Reynolds
01224 228400 http://www.ionaenergy.com/
Iranian Oil Company (U.K.) Limited Riverside House, Riverside Drive, Aberdeen, AB11 7LH
Seyed Mohaddes Seyed Hedayatzadehrazavi Dr Hamid Akbary Mojtaba Asgharnia
01224 224353 http://www.iocukltd.com/
IS E&P Limited 80 Hill Rise Richmond Surrey TW10 6UB
Maurice Hazzard Ken Ratcliff Andrew Hindle Alan Booth Stewart McGarrity Anita Gardiner
0208 332 1200 http://www.infrastrata.co.uk/
97
IS NV Limited 80 Hill Rise Richmond Surrey TW10 6UB
Maurice Hazzard Ken Ratcliff Andrew Hindle Alan Booth Stewart McGarrity Anita Gardiner
0208 332 1200 http://www.infrastrata.co.uk/
ISLAND GAS LTD 7 Down Street, London W1J 7AJ
Stephen Bowler John Blaymires Julian Tedder
0207 993 9899 http://www.igasplc.com
ITHACA NORTH SEA LIMITED 8 Rubislaw Terrace Aberdeen AB10 1XE
Graham Forbes Leslie Thomas
01224 638 582 http://www.ithacaenergy.com/
JX NIPPON E & P (U.K.) LIMITED 8th Floor 199 Bishopsgate London EC2M 3TY
Timothy Blackford Kemmei Nakata Yoshihiko Yamazaki Naoyoshi Kaneko Akira Omachi
0207 309 7650 http://www.nex.jx-group.co.jp/english/
KUFPEC UK Limited 400 Capability Green Luton Bedfordshire LU1 3AE
Nawaf Al-Sabah Husneya Ali Ghada Al-Amer
01483 757747 http://www.q8aviation.com
Liverpool Bay Limited 10 Ebury Bridge Road London SW1W 8PZ
Roberto Pasqua Silvia Masi Luigi Piro
0207 344 6000 http://www.eni.com/
MAERSK OIL Maersk House, Crawpeel Road, Altens, Aberdeen AB12 3LG
Morten Kelstrup Eric Henderson Peter Hepburn Carst Sonne-Schmidt Martin R Pedersen
01224 242000 http://www.maerskoil.com
98
MARATHON OIL U.K. LLC Marathon House Hill of Rubislaw Anderson Drive Aberdeen AB15 6FZ
Catherine Krajicek Nicole Loupe James Edens
01224 803000 http://www.marathon.com/
MARUBENI OIL & GAS (NORTH SEA) LIMITED
1st Floor, Burdett House 15-16 Buckingham Street London WC2N 6DU
Gary Nienow Isao Suzuki Takeo Morita
0207 766 3636 http://europe.marubeni.com/business-activities/groupcompanies.html?id=3
MCX DUNLIN (UK) LIMITED Mid City Place, 71 High Holborn London WC1V 6BA
Jiro Mukai Michio Kawamata Haruki Hayashi Tetsuya Nishigaki Jun Nishizawa Takeshi Matsushita
0207 025 3445 Web: http://www.mitsubishicorp.com
MITSUI E&P UK LIMITED 8th & 9th Floor, 1 St Martin's Le Grand, London EC1A 4AS
Naoki Ishii Chisumi Tanaka Tomonori Nomura Fusaaki Matsumoto Toru Matsui Koji Asanuma Tatsuhiko Matsuura
0207 822 0321 http://www.moeco.com/en/project/britain.html
MOLGROWEST (I) LIMITED Riverside House, Riverside Drive, Aberdeen, AB11 7LH
Nico Brunsmann Kornel Toth Stephen Kemp Szabolcs Boroczky
01224 224300 http://www.molgroup.hu
MURPHY PETROLEUM LIMITED 4 Beaconsfield Road, St. Albans Hertfordshire AL1 3RH
Walter Compton Earl Botner Michael Jackson
01727 892400 http://www.murphyoilcorp.com
99
NAUTICAL PETROLEUM LIMITED 6th Floor 20 Berkeley Square London W1J 6EQ
Simon Thompson Paul Mayland Brita Holstad James Smith
0207 550 4890 http://www.cairnenergy.com/
NEXEN PETROLEUM U.K. LIMITED Prospect House, 97 Oxford Road Uxbridge UB8 1LU
Ray Riddoch Ian Smale Brent Tilford Zhi Fang Jamie Doyle
01895 237700 www.nexencnoocltd.com
Nippon Oil Milbank House 1 Finsbury Square London EC2A 1AE
Timothy Blackford Kemmei Nakata Masahiro Ozawa Takuya Wada Akira Omachi
0207 309 7650 http://www.nex.jx-group.co.jp/english/
NOBLE ENERGY (OILEX) LIMITED Oceana House, 39-49 Commercial Road Southampton SO15 1GA
John Huser Amy Jolley
02380 014834 http://www.nobleenergyinc.com
NORECO OIL (UK) LIMITED 15 APPOLD STREET LONDON EC2A 2HB
Cecilie Lindseth Riulf Rustad
00 47 99 28 39 00 http://www.noreco.com/en/
NORTH SEA ENERGY (UK) LIMITED Brodies House, 31-33 Union Grove ABERDEEN AB10 6SD
Ian Lambert 00 1 416 366 4700
www.northseaenergy.ca/aboutus.html
NSGP (Ensign) Limited 22 Grenville Street St. Hellier Jersey JE4 8PX
100
OMV (U.K.) LIMITED 62 Buckingham Gate London SW1E 6AJ
Michael Flanagan David Latin Vincent Graham Axel Boss Ant Van Der Haarten Hans Veit
0207 333 1600 http://www.omv.com
ONSHORE PRODUCTION SERVICES LIMITED
SOUTHOLME, TRINITY STREET Gainsborough Lincolnshire DN21 2EQ
John Sang Karl Wilkinson Richard Wilkinson
ORANJE-NASSAU ENERGIE UK LIMITED
6th Floor Union Plaza 1 Union Wynd Aberdeen AB10 1DQ
Alexander Berger Chris van Steveninck
00 31 205 354100 http://www.onebv.com/
Paladin Resources Limited 163 Holburn Street, Aberdeen AB10 6BZ
Jose Vega Ferdinando Rigardo Luis Romero
01224 352500 http://www.talisman-sinopec.com/
PARKMEAD GROUP plc 4 Queens Terrace Aberdeen AB10 1XL
Thomas Cross Ryan Stroulger Dr Colin Percival Iain Rawlinson Philip Dayer
01224 622200 http://www.parkmeadgroup.com/
Perenco UK Limited 10 Duke of York Square, London SW3 4LY
Nicholas Fallows Jonathan Parr Jan Rusin Kim Kallmeyer Brian James Franck Dy
0207 901 8200 http://www.perenco.com
PREMIER OIL E&P UK LIMITED 23 Lower Belgrave Street London SW1W 0NR
Anthony Durrant Robert Allan Richard Rose
0207 730 1111 http://www.premier-oil.com/
101
PREMIER OIL UK LIMITED Upper Denburn House Prime Four Business Park Kingswells Causeway Kingswells Aberdeen AB15 8PU
Anthony Durrant Robert Allan Rachel Rickard Richard Rose Stuart Wheaton Julie Forsyth Dean Griffin
01224 318900 http://www.premier-oil.com/
REPSOL SINOPEC RESOURCES UK LIMITED
163 Holburn Street, Aberdeen AB10 6BZ
Roger Ramshaw Che Hung Lo Rudong Liu Luis Aurelio Cabra Manuel Garcia Blanco
01224 352500 http://www.talisman-sinopec.com
RIGEL PETROLEUM (NI) LIMITED Talisman House 163 Holburn Street Aberdeen AB10 6BZ
John Forrest Luis Aurelio Cabra Manuel Blanco Rudong Liu Che Hung Lo
01224 352500 http://www.talisman-energy.co.uk
SCHIEHALLION OIL & GAS LIMITED Shell Centre London SE1 7NA
Simon Willems George Paul Mark Tough
01372 229500 http://www.shell.co.uk
SERICA ENERGY (UK) LIMITED 52 George Street London W1U 7EA
Antony Walker Clara Altobell Daniel Fewkes
0207 487 7300 http://www.serica-energy.com/
SHELL U.K. LIMITED 1 Altens Farm Road Nigg Aberdeen AB12 3FY
David Moss Michael Coates Jonathan Kohn Sinead Lynch Joanne Wilson Nigel Hobson Steven Phimister
01224 882 000 http://www.shell.co.uk
102
SOJITZ ENERGY PROJECT LIMITED 7th Floor 8 Finsbury Circus London EC2M 7EA
Takahiro Ebisu Daisuke Yasuda Jin Nakayabu
0207 337 7800 http://www.sojitz.com/en/
SPIKE EXPLORATION UK LTD 17 Cavendish Sq. London W1G 0PH
Alf Thorkildsen Per Knudsen
0203 008 7642 http://www.spike-x.com/
SSE E&P UK Limited Inveralmond House 200 Dunkeld Road Perth PH1 3AQ
James Smith Martin Pibworth Edward Lawns
01738 456000 http://www.sse.com/
STAR ENERGY OIL & GAS LIMITED 7 DOWN STREET LONDON W1J 7AJ
Stephen Bowler John Blaymires Julian Tedder
0207 993 9899 http://www.igasplc.com
STATOIL (U.K.) LIMITED 1 Kingdom Street, London, W2 6BD
Svein Skeie Robert Adams Jenny Morris Hedda Felin Uno Rognli
0203 204 3200 http://www.statoil.com
Sterling Resources (UK) Limited 30 Abercrombie Court Arnhall Business Park Westhill Aberdeen AB32 6FE
Andrew Leeser Christine Shinnie John Rapach
01224 806610 www.sterling-resources.com/aberdeen.html
SUMMIT EXPLORATION & PRODUCTION LTD
23 COLLEGE HILL LONDON EC4R 2RP
Tadashi Fujimagari Carl Smith Kenji Okayasu Satoru Sugiura Watoru Sato
0207 429 3500 http://summiteandp.com/
SUNCOR ENERGY UK LIMITED 28b Albyn Place Aberdeen AB10 1YL
Ronald Davie Steven Trueman Dwayne Zeller
01224 565600 http://www.suncor.com
103
TAQA BRATANI LIMITED Taqa Bratani Limited Prospect Road, Westhill, Aberdeenshire, AB32 6FE
Alexander Hutchison Donald Taylor David Gibson Neil Fowler Vivek Gambhir Awad Alketbi Mohammed Al Ahbabi
01224 275275 http://www.taqa.ae
TERRAIN ENERGY LIMITED 104 PARK STREET MAYFAIR LONDON W1K 6NF
Arthur Glencross Eric King Stephen Jenkins
0207 518 1714 http://terrain-energy.com/
Third Energy UK Gas Limited Knapton Genern. Station East Knapton Malton YO17 8JF
Rasik Valand John Dewar
01944 758746 http://www.third-energy.com/
TOTAL E&P UK LIMITED Total House, Tarland Road, Westhill Aberdeen, AB32 6JZ
Michael Borrell Elizabeth Proust-Van Heeswijk Frederic Agnes
01224 297000 http://www.uk.total.com
TRANSWORLD PETROLEUM (U.K.) LIMITED
163 Holburn Street, Aberdeen AB10 6BZ
Rudong Liu Che Hung Lo Manuel Garcia Blanco Luis Aurelio Cabra
01224 352500 http://www.talisman-sinopec.com
TRAP OIL LTD 10 The Triangle, NG2 Business Park Nottingham NG2 1AE
Scott Brown Ronald Lansdell
0203 170 5586 http://www.trapoil.com
Tullow Oil SK Limited 9 Chiswick Park 566 Chiswick High Road London W4 5XT
Paul McDade Kevin Massie Ruprt Rowland-Clark Richard Miller George Wood
0203 249 9000 http://www.tullowoil.com/
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UK Oil & Gas Investments plc Suite 3B, Princes House 38 Jermyn Street London SW1Y 6DN
Kiran Morzaria Stephen Sanderson Allen Howard
0207 440 0640 http://www.ukogplc.com/
VERUS PETROLEUM (SNS) LIMITED 3 Queen's Gardens Aberdeen AB15 4YD
Peter Campbell Alan Curran Colin Christie John Baillie
01224 659120 www.veruspetroleum.com
Wingas Storage UK Limited Building 3 Chiswick Business Park 566 Chiswick High Road London W4 5YA
Sergey Shkurov Jens Nuhn Mikhail Sitnikov Evgeny Zavarzin Dmitry Kotulskiy Anna Zhuravleva
0208 849 8760 http://www.wingas-storage.com/
Zennor Resources (N.I.) Limited First Floor, Hays House Millmead Guildford Surrey GU2 4HJ
David Beaghan James Henry Martin Rowe Roderick Crawford William Cooper
01483 500930 http://www.zennorpetroleum.com/contact-us/
ZEUS PETROLEUM LIMITED 4 Queens Terrace Aberdeen AB10 1XL
Thomas Cross Ryan Strougler
01224 622200 http://www.parkmeadgroup.com/
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10) Company Debt
Company Debt 2015 2014 2013 Change This Year
BG INTERNATIONAL LTD 7,507,000,000 9,983,000,000 9,550,000,000 -2,476,000,000
NEXEN PETROLEUM U.K. LIMITED 2,013,851,481 3,496,265,622 2,589,596,896 -1,482,414,141
REPSOL SINOPEC RESOURCES UK LIMITED 4,377,024,956 5,593,561,341 3,604,659,668 -1,216,536,385
OMV (U.K.) LIMITED 1,198,421,910 945,867,526 -1,198,421,910
BP EXPLORATION OPERATING COMPANY LIMITED 12,200,722,038 13,188,949,273 18,907,845,118 -988,227,235
APACHE NORTH SEA LIMITED 1,647,485,123 2,432,768,840 1,970,922,081 -785,283,717
DANA PETROLEUM (E&P) LIMITED 1,620,896,000 2,254,723,000 2,072,187,000 -633,827,000
MARUBENI OIL & GAS (U.K.) LIMITED 203,828,363 828,008,687 573,146,944 -624,180,324
TOTAL E&P UK LIMITED 3,448,463,000 3,911,832,000 3,738,040,000 -463,369,000
ENI UK LIMITED 765,964,000 1,167,657,000 1,430,606,000 -401,693,000
TAQA BRATANI 2,474,404,195 2,873,094,450 2,553,836,985 -398,690,255
FAIRFIELD BETULA LIMITED 36,120,000 315,539,000 533,532,679 -279,419,000
FIRST OIL EXPRO LIMITED 267,695,000 239,426,000 -267,695,000
PERENCO UK LIMITED 1,405,219,000 1,652,035,000 1,825,522,000 -246,816,000
ENQUEST HEATHER LIMITED 1,967,593,722 2,210,318,682 1,623,279,857 -242,724,960
MURPHY PETROLEUM LIMITED 17,910,000 251,554,000 409,602,000 -233,644,000
SUNCOR ENERGY UK LIMITED 937,005,000 1,170,582,000 896,359,000 -233,577,000
ENI ELGIN/FRANKLIN LIMITED 511,358,000 740,977,000 511,683,000 -229,619,000
Sterling Resources (UK) Limited 219,652,000 159,981,000 -219,652,000
ENDEAVOUR ENERGY UK LIMITED 889,617,673 1,102,161,496 915,118,506 -212,543,823
CHEVRON NORTH SEA LIMITED 1,798,300,000 2,000,600,000 1,710,000,000 -202,300,000
CNR INTERNATIONAL (U.K.) LIMITED 1,255,470,000 1,431,184,000 1,163,240,000 -175,714,000
INEOS UK SNS LIMITED 684,418,000 810,520,000 785,204,000 -126,102,000
BRITOIL 1,083,461,024 1,198,888,219 2,171,480,161 -115,427,195
106
E. F. OIL AND GAS LIMITED 646,195,000 749,912,000 717,100,000 -103,717,000
ESSO E & P UK LIMITED 4,059,000,000 4,153,000,000 4,240,000,000 -94,000,000
Burlington Resources (Irish Sea) Limited 219,613,000 294,982,000 319,363,000 -75,369,000
CENTRICA RESOURCES LIMITED 1,316,830,000 1,385,335,000 1,581,836,000 -68,505,000
Liverpool Bay Limited 229,855,173 283,220,004 0 -53,364,831
MARUBENI OIL & GAS (NORTH SEA) LIMITED 116,848 52,659,779 51,877,797 -52,542,931
ZEUS PETROLEUM LIMITED 49,243,000 48,331,000 -49,243,000
BHP BILLITON PETROLEUM GREAT BRITAIN LIMITED 78,911,042 123,131,556 102,110,807 -44,220,514
MITSUI E&P UK LIMITED 200,483,198 244,347,629 200,109,434 -43,864,431
STATOIL (U.K.) LIMITED 1,010,091,000 1,047,520,000 522,477,000 -37,429,000
IONA UK HUNTINGTON LIMITED 36,294,777 42,744,562 -36,294,777
ITHACA ENERGY (UK) LIMITED 1,079,996,896 1,114,779,754 621,594,375 -34,782,858
Igas Energy plc 156,464,000 190,157,000 212,428,000 -33,693,000
NORECO OIL (UK) LIMITED 74,013,981 102,477,523 113,208,544 -28,463,542
Tullow Oil SK Limited 247,043,000 274,331,000 241,945,000 -27,288,000
Bowland Resources Limited 66,317,000 93,193,000 57,890,000 -26,876,000
ENI ULX LIMITED 271,530,359 293,924,467 284,443,565 -22,394,108
TRANSWORLD PETROLEUM (U.K.) LIMITED 307,811,576 329,958,012 173,938,118 -22,146,436
DYAS EOG LIMITED 192,917,000 214,333,000 203,047,000 -21,416,000
TRAP OIL LTD 69,432,521 86,943,875 76,021,281 -17,511,354
FAROE PETROLEUM (ROGB) LIMITED 11,866,000 27,295,000 28,278,814 -15,429,000
MARATHON OIL U.K. LLC 643,947,508 659,213,839 601,034,438 -15,266,331
PARKMEAD GROUP plc 14,318,000 25,090,000 27,728,000 -10,772,000
SUMMIT EXPLORATION & PRODUCTION LIMITED 26,178,698 35,788,375 29,596,099 -9,609,677
ATLANTIC PETROLEUM UK LIMITED 494,174 9,510,357 39,609,670 -9,016,183
RIGEL PETROLEUM (NI) LIMITED 72,517,636 80,534,392 39,965,670 -8,016,756
Bayerngas Europe Limited 223,634,523 231,298,287 219,183,607 -7,663,764
DYAS EXPLORATION UK LIMITED 30,877,000 37,336,000 46,339,000 -6,459,000
AMOCO (FIDDICH) LIMITED 141,544,434 147,722,922 116,410,708 -6,178,488
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NOBLE ENERGY (OILEX) LIMITED 65,814,490 70,456,196 16,781,541 -4,641,706
ENI AEP LIMITED 63,503,000 67,314,000 146,602,000 -3,811,000
Paladin Resources Limited 34,305,288 37,844,662 30,265,944 -3,539,374
FAROE PETROLEUM (U.K.) LIMITED 172,543,000 175,814,000 114,035,000 -3,271,000
ALBA RESOURCES LIMITED 1,797,000 4,204,000 8,810,000 -2,407,000
EQ Petroleum Sabah Limited 30,098,929 31,869,756 8,999,142 -1,770,827
FINA EXPLORATION LIMITED 904,000 2,499,000 3,072,000 -1,595,000
NORTH SEA ENERGY (UK) LIMITED 9,434,489 10,588,334 7,204,582 -1,153,845
Hansa Hydrocarbons Limited 93,316,636 93,759,897 82,581,056 -443,261
NORTHERN PETROLEUM (UK) LIMITED 774,018 1,061,602 1,327,343 -287,584
ONSHORE PRODUCTION SERVICES LIMITED 671,211 700,548 633,105 -29,337
BLACKLAND PARK EXPLORATION LIMITED 400,867 425,267 437,127 -24,400
Egdon Resources Avington Limited 27,039 27,901 27,498 -862
Ithaca Causeway Limited 0 0 316,519,330 0
MARATHON OIL NORTH SEA (G.B.) LIMITED 0 0 0 0
FIRST OIL AND GAS LIMITED 0
SUMMIT PETROLEUM DORSET LIMITED 0 0 0 0
EWE VERTRIEB GMBH 0
WINTERSHALL (E&P) LIMITED 0
WINTERSHALL (UK NORTH SEA) LIMITED 0
SCHIEHALLION OIL & GAS LIMITED 0 0 0 0
EUROPA OIL & GAS (WEST FIRSBY) LIMITED 0 0
IS E&P Limited 0
IS NV Limited 0
Ecorp Oil & Gas UK Limited 15,438,981 15,429,047 12,939,558 9,934
Doriemus plc 358,000 336,000 771,355 22,000
Dorset Exploration Limited 360,741 300,894 96,304 59,847
TERRAIN ENERGY LIMITED 462,575 391,737 25,022,000 70,838
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Aurora Energy Resources Limited 1,828,982 1,734,710 4,611,370 94,272
CIRQUE ENERGY (UK) LIMITED 3,772,120 3,668,402 3,720,479 103,718
Zennor Resources (N.I.) Limited 40,630,155 40,374,188 209,527,111 255,967
UKOG (UK) LIMITED 560,000 303,000 334,000 257,000
UK Oil & Gas Investments plc 799,000 496,000 121,000 303,000
SOJITZ ENERGY PROJECT LIMITED 176,634,913 176,322,620 151,674,229 312,293
ANGUS ENERGY WEALD BASIN NO.3 LIMITED 3,869,923 3,327,817 3,175,659 542,106
Euroil Exploration Limited 5,235,629 4,451,967 2,863,641 783,662
EUROPA OIL & GAS LIMITED 14,953,000 13,921,000 15,134,000 1,032,000
VERUS PETROLEUM (SNS) LIMITED 87,448,677 86,374,373 87,221,952 1,074,304
Wingas Storage UK Limited 8,684,717 7,007,224 7,801,258 1,677,493
EGDON RESOURCES U.K. LIMITED 23,985,621 22,256,682 20,914,144 1,728,939
ISLAND GAS (SINGLETON) LIMITED 45,536,000 43,106,000 37,455,000 2,430,000
Alpha Petroleum Resources Limited 23,167,000 19,084,000 732,484,000 4,083,000
Calenergy Gas Limited 8,605,000 4,380,000 3,061,000 4,225,000
SSE E&P UK Limited 396,900,000 392,200,000 359,700,000 4,700,000
CENTRICA NORTH SEA OIL LIMITED 261,356,000 256,004,000 311,855,000 5,352,000
Third Energy UK Gas Limited 55,100,000 49,227,000 42,446,837 5,873,000
SPIKE EXPLORATION UK LTD 63,841,388 56,059,797 41,261,636 7,781,591
STAR ENERGY WEALD BASIN LIMITED 12,700,000 1,773,000 44,509,000 10,927,000
HUMBLY GROVE ENERGY LIMITED 95,187,000 80,576,000 85,617,000 14,611,000
ITHACA MINERALS (NORTH SEA) LIMITED 128,636,537 113,163,600 £68,354,789 15,472,937
SHELL EP OFFSHORE VENTURES LIMITED 1,351,700,000 1,333,800,000 1,109,400,000 17,900,000
Ithaca Gamma Limited 75,845,879 54,509,804 42,949,099 21,336,075
MOLGROWEST (I) LIMITED 307,140,000 270,414,000 145,537,000 36,726,000
IDEMITSU PETROLEUM UK LTD. 247,258,387 209,691,999 126,644,929 37,566,388
Gas-Union Gmbh 425,687,603 385,340,541 407,979,497 40,347,062
PREMIER OIL E&P UK LIMITED 359,717,000 315,216,000 379,827,000 44,501,000
CIECO EXPLORATION AND PRODUCTION (UK) LIMITED 261,028,000 210,413,000 122,867,000 50,615,000
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ENTERPRISE OIL LIMITED 4,301,200,000 4,249,300,000 3,988,500,000 51,900,000
ISLAND GAS LIMITED 317,902,000 261,247,000 224,752,000 56,655,000
ORANJE-NASSAU ENERGIE UK LIMITED 89,616,454 6,545,705 1,870,694 83,070,749
Iranian Oil Company (U.K.) Limited 489,859,015 400,258,925 346,418,424 89,600,090
MCX OSPREY (UK) LIMITED 174,511,000 84,085,136 70,985,072 90,425,864
DYAS UK LIMITED 532,190,000 412,264,000 450,081,000 119,926,000
Edison E&P UK Limited 176,785,125 43,041,539 42,102,102 133,743,586
MAERSK OIL NORTH SEA UK LIMITED 1,910,418,030 1,762,943,576 1,562,291,911 147,474,454
MAERSK OIL UK LIMITED 768,123,326 577,849,280 414,768,790 190,274,046
CONOCOPHILLIPS (U.K.) LIMITED 5,922,700,000 5,717,800,000 5,026,200,000 204,900,000
ENGIE E&P UK LTD 942,498,000 728,275,000 495,998,000 214,223,000
ARCO BRITISH LIMITED, LLC 487,451,807 270,686,666 774,483,532 216,765,141
SHELL U.K. LIMITED 11,278,000,000 11,023,000,000 9,988,000,000 255,000,000
MCX DUNLIN (UK) LIMITED 653,728,000 202,548,688 133,533,899 451,179,312
JX NIPPON EXPLORN AND PRODUCTION (U.K.) LIMITED 1,996,421,949 1,465,409,302 859,546,000 531,012,647
PREMIER OIL UK LIMITED 3,024,941,212 2,122,453,597 1,521,724,854 902,487,615
96,282,475,855 106,669,449,047 103,086,176,703 -10,386,973,192
This final section was added last year to look at corporate indebtedness and how it has changed over the last 12 months. The oil price collapsed at a time when many firms were heavily indebted and engaged on major projects. This year firms have managed to reduce their debts by over £10Bn as projects reach maturity and begin to generate cash. This trend will continue in the near future with re-investment constrained by low oil prices and a desire on the part of many firms to be less reliant on borrowings in future. As they found, a banker is someone who lends you an umbrella on a sunny day and asks for it back the minute it starts raining.
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Derek Louden is an MA graduate of the University of Aberdeen and holds a Masters Degree in Energy Studies (with Distinction) from the University of Sheffield. He is a Member of the Energy Institute, a Member of the British Institute of Energy Economics and a Member of the International Association for Energy Economics. Derek has worked for a number of firms in the Service Sector of the North Sea including ABB Vetco Gray and NL Shaffer and was Chief Accountant and Office Manager with JP Kenny Caledonia Ltd during the construction of the SAGE pipeline in the North Sea for Mobil. Subsequently he lectured in Economics and Accounting at Inverness College UHI and traded fuel with Highland Harbours supplying British, French, Spanish and Faroese boats at West Coast ports. Derek held an International Trade role with Aberdeen City Council and was Finance Director and investor in ITP Solutions Ltd from 2010 to 2015. Following a spell caring for his father who was terminally ill with Pancreatic Cancer Derek stood for election to Highland Council in May 2017. After 22 years and five attempts he was successful. He sits as a member of the SNP Group on the Corporate Resources Committee and the Audit and Scrutiny Committee. He’s been appointed to the Pension Committee and the Investment Sub-Committee. He sits on the Board of Highland Opportunity Investments Limited and the Inner Moray Firth LEADER Board. Derek undertakes research into Oil and Gas, Renewables and the Electricity Industry. In his spare time he’s a Director of Tain Heritage Trust and Treasurer of Tain & District Museum.
Conversion factors used in the Report: Conversion of Barrels to Tonnes @ Rate (Barrels x 0.136 =Tonnes) Source: BP Statistical Review of World Energy (various years)
Conversion of Standard Cubic Feet to Cubic Metres @ Rate (SCuFt x 0.028 =CuM) Source: BP Statistical Review of World Energy (various years)
