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Figure 3: Comparison of Forecast Decommissioning Expenditure

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2,200

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Forecast Expenditure (£ Million - 2015 Money)

Central and Northern North Sea/West of Shetland

2014

2015

Increased Uncertainty in Forecasts

Source: Oil & Gas UK

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

2,200

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Forecast Expenditure (£ Million - 2015 Money)

Southern North Sea and Irish Sea

2014

2015

Increased Uncertainty

in Forecasts

Source: Oil & Gas UK

Forecast

Expenditure

Central and Northern North

Sea/West of Shetland

Southern North Sea and Irish Sea

2014 Report

£11.1 billion

£3.5 billion

2015 Report

£14.1 billion

£2.8 billion

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