Oil & Gas UK Economic Report 2015

Figure 44: Year-on-Year Production Performance

4

3.5

-9.5%

1

-5.1%

3

-4.8%

-9.9%

-6.4%

2.5

2

-19.7%

2

-15.0%

-7.7% -0.2%

1.5

3

1

Total Production (Million boepd)

0.5

4

0

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Source: DECC, DUKES

5

Figure 45: Liquids and Gas Production

6

1,400

7

1,200

Gas Oil and Natural Gas Liquids

1,000

8

800

600

9

400

Production (Million boe)

10

200

0

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Source: DECC, DUKES

59

ECONOMIC REPORT 2015