United Kingdom (UK) Oil and Gas Production and Exploration Market by Terrain, Assets and Major Companies, 2021 Update
Summary The United Kingdom’s oil and gas resources are produced both offshore and onshore, but most of the production derives from offshore areas, including the North Sea, Irish Sea and West of Shetlands.Production from offshore areas contributes around 99% of the country’s oil and gas production.
The UK has a mature oil and gas sector with offshore production dating back to the 1970s. Over the last 10 years oil and gas production from the UK has declined by approximately 20% to current levels, but declines were reversed in 2018 and 2019 when the UK saw growing production through major developments such as Clair Ridge, Culzean and Mariner.
Scope - United Kingdom’s oil and gas production outlook by assets terrain, and major companies - Key details of active and upcoming oil and gas assets in the country - Recently licensed blocks details, licensed blocks count by company, and latest discoveries - Latest mergers and acquisitions, and awarded contracts related to the E&P sector in the country
Reasons to Buy - Gain a strong understanding of the United Kingdom’s E&P sector - Facilitate decision making based on strong historical and outlook of oil and gas production data, licensed blocks details, and discoveries - Assess your competitor’s production outlook and licensed blocks count in the country - Analyze latest M&A landscape and awarded contracts related to the country’s E&P sector
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