Activity Survey 2015

ACTIVITY SURVEY 2015

Although the number of E&A wells drilled by the majors has remained relatively stable over the period 2010 to 2014, the proportion of exploration wells drilled by majors has declined and it is anticipated that such companies will only drill two exploration wells in 2015.

Figure 15: Exploration and Appraisal Drilling by Company Size

70

Utility Companies Small/Medium Companies Large Companies Majors

60

50

40

30

20

10

Number of Wells Drilled including Sidetracks

0

2010

2011

2012

2013

2014

2015

Source: Oil & Gas UK, DECC

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