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Northern North Sea and West of Shetland

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2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Forecast Expenditure (£ Million - 2015 Money)

Number of Wells

Platform Subsea Development

Subsea E&A Total Well P&A Expenditure

Increased Uncertainty

in Forecasts

Source: Oil & Gas UK

Number of Wells

2015 to 2024

Total Expenditure

2015 to 2024

Proportion of PlatformWells

Total

950

£6.2 billion

55%

CNS

624

£4 billion

47%

NNS/WofS

326

£2.2 billion

72%

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