Oil & Gas UK Economic Report 2015

Figure 30: Undeveloped Discoveries by Size and Region

250

211 Discoveries 1,130 Million boe

Central North Sea Southern North Sea Northern North Sea Atlantic Margin Other

1

200

150

2

100

60 Discoveries 910 Million boe

3

Number of Discoveries

50

34 Discoveries 1,030 Million boe

5 Discoveries 330 Million boe

4 Discoveries 480 Million boe

4

0

≤10

>10 ≤20

>20 ≤50

>50 ≤100

>100

Reserves (Million boe)

Source: Wood Mackenzie (Q2 2015)

5

6

Figure 31: Undeveloped Reserves by Size and Development Classification

100

7

90

80

70

8

60

50

40

360 million boe

9

30

180 million boe

350 million boe

20

300 million boe

10

Percentage of Undeveloped Reserves (%)

170 million boe

10

0

≤10

>10 ≤20

>20 ≤50

>50 ≤100

>100

Reserves (Million boe)

Contingent

Potentially Economic

Source: Wood Mackenzie (Q2 2015)

45

ECONOMIC REPORT 2015