Oil & Gas UK Activity Survey 2016

ACTIVITY SURVEY 2016

Contents

1. 2. 3. 4. 5.

Foreword

5 7

Summary of Findings Oil and Gas Markets 2015 Performance

11 17 25 25 30 38 43 52 55 55 57 58

Business Outlook

5.1 5.2 5.3 5.4 5.5 6.1 6.2 6.3

Reserves

Drilling Activity

Production

Total Expenditure Decommissioning

6.

Appendices

Oil & Gas UK’s Efficiency Task Force Driving Efficiencies outside the ETF

Summary of Key Statistics

page 3