Offshore Industry: North Sea

(asked on 19th July 2018) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what his Department's latest estimate is of the remaining recoverable oil and gas deposits under the (a) North, (b) Central and (c) Southern North Sea.


Answered by
 Portrait
Claire Perry
This question was answered on 24th July 2018

The Government created the Oil and Gas Authority (OGA) to regulate, influence and promote the UK oil and gas industry in order to maximise the economic recovery of the UK’s oil and gas resources.

The OGA’s “UK Oil and Gas: Reserves and Resources” report estimates that overall remaining recoverable hydrocarbon resources ranged between 10 and 20 billion barrels of oil equivalent (boe) as at the end of 2016. The report may be found at:

https://www.ogauthority.co.uk/data-centre/data-downloads-and-publications/reserves-and-resources/.

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