ukcs upstream oil & gas 2015 edition

86
UK Continental Shelf Oil & Gas Annual Upstream Report Derek Louden Abbian House Tower Street Tain Ross-shire IV19 1DY Tel: 01862 892734 Mob: 07876 774412 Email: [email protected] ©Derek W Louden September 2015 All rights reserved. May not be reproduced in whole or in part without the permission of the author. While every effort has been made to ensure the accuracy of the information included in this paper, the author makes no warranty, express or implied, or assumes any liability for its accuracy or completeness.

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UK Continental Shelf Oil & Gas

Annual Upstream Report

Derek Louden Abbian House Tower Street

Tain Ross-shire IV19 1DY

Tel: 01862 892734 Mob: 07876 774412

Email: [email protected]

©Derek W Louden

September 2015

All rights reserved. May not be reproduced in whole or in part

without the permission of the author.

While every effort has been made to ensure the accuracy of the information

included in this paper, the author makes no warranty, express or implied, or assumes

any liability for its accuracy or completeness.

2

Contents

1) Executive Summary

2) Operators in 2015

3) Oil Production in 2014

4) Gas Production in 2014

5) New Fields 2014

6) Field Development Pipeline

7) Declining Output & De-commissioning

8) Company Turnover & Taxation

9) Company Profiles & Contact Details

Note: Cover photo of Nexen’s Golden Eagle courtesy of Nexen

3

1) Executive Summary

Oil production on the UK Continental Shelf declined marginally in the latest year. Gas output was slightly up compared with 2013.

Oil production excluding NGLs totalled 37.4 Million Tonnes in 2014, down from 37.9

in 2013, the slowest rate of decline in many years.

Gas production rose from 43,243 MMCuM in 2013 to 43,322 MMCuM in 2014

Nexen tops the list of Oil producers in 2014 with output of 4.35 million Tonnes.

Centrica heads up the gas list with 6.859Bn Cubic Metres produced in 2014 including production from the Rough storage facility.

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121,

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20,000

40,000

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1975

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UKCS Oil Output (Thousand Tonnes) 1975-2014

Source: Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 May 2015 https://itportal.decc.gov.uk/pprs/full_production.htm

88,

692

105

,046

110

,748

116

,572

125

,024

133

,479

130

,946

125

,418

123

,362

113

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101

,148

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82,

675

80,

396

69,

429

67,

651

52,

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45,

815

43,

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43

,322

-

20,000

40,000

60,000

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1995

1996

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1998

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2010

2011

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2014

UKCS Gas Output (MMCuM)

1995-2014

Source: Adapted from DECCAnnual Dry+Associated Gas Prodn sorted by field https://itportal.decc.gov.uk/pprs/full_production.htm

4

The following new fields were brought on stream in 2014: o GOLDEN EAGLE (Nexen) o KINNOULL (BP) o JULIET (GDF Suez) o KEW (Centrica)

Source: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/393468/Field_Start-Ups_in_2014__January_2015_.pdf

A large number of new oilfields are under development and a number of other fields

have temporarily shut down to enhance or renew their production facilities and will return to production soon. Oil production was 37.4 Million Tonnes in 2014. The additions under way target additional production of 39.2 Million Tonnes per annum. It is clear that, even allowing for natural and normal reductions in flow rates as existing fields mature & decline, output will rise substantially (over 50%) by 2018. This is hidden from the public as both DECC and the OBR are forecasting a decrease in output over the period. This isn’t credible. Output is rising in 2015 but DECC & the OBR say it is falling!

The above chart shows oil output from the UKCS in every year from 1975 onwards. It shows the effect of current investment on future production by graphing the projected output from fields which are in the process of coming online. Even allowing for natural rates of decline, the increase between 2013 and 2018 will be over 50 percent.

Wood Mackenzie has produced a very similar projection. DECC has produced one which shows a decrease in output over the same period. This seems impossibly negative. The impossibly negative DECC projection is the one the OBR use when attacking Scottish Government projections. The OBR analysis is partial, it doesn’t reflect reality – its wrong.

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20,000

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UK Crude Oil Production by start-up year of field (1975-2014 Actual & 2015-2021 Projected)

Source: DECC Annual Oil Prodn 1975-2014, Company Data 2015-2021

5

2) Operators in 2014 The following Companies operated oilfields on the UKCS in 2014. Click on the links to find further details regarding which fields they control:

4 GEN ENERGY A J LUCAS GROUP LTD ABERDEEN PRODUCTION AND EXPLORATION COMPANY AIMWELL ENERGY ALKANE ENERGY PLC ALPHA PETROLEUM UK HOLDINGS ALTWOOD PETROLEUM ANGUS ENERGY LIMITED ANTRIM ENERGY INC. APACHE CORPORATION ARDENT OIL ARDMORE ENERGY LIMITED AREVON ENERGY ATLANTIC PETROLEUM P/F AURORA PETROLEUM LIMITED AZINOR PETROLEUM BAYERNGAS NORGE AS BG INTERNATIONAL BHP BILLITON PETROLEUM BIOGAS TECHNOLOGY BLACKLAND PARK EXPLORATION BP EXPLORATION BRIGANTES ENERGY BRITISH DRILLING AND FREEZING COMPANY BROCKHAM CAPITAL LIMITED BURGATE E&P CAIRN ENERGY PLC CALENERGY GAS (HOLDINGS) CARRIZO OIL & GAS CELTIQUE ENERGY HOLDINGS CENTRICA CENTRICA STORAGE HOLDINGS CHEVRON CORPORATION CHRYSAOR HOLDINGS CIECO UK CIRQUE ENERGY (UK) LIMITED CLUFF NATURAL RESOURCES PLC CNOOC LIMITED CNR INTERNATIONAL COMTRACK VENTURES CONNAUGHT OIL & GAS LTD. CONOCOPHILLIPS

6

CORFE ENERGY CUADRILLA RESOURCES DANSK OLIE OG NATURGAS A/S DESS EXPLORATION CONSULTING LIMITED DORIEMUS PLC DYAS B.V. E.ON E&P UK LIMITED ECORP INTERNATIONAL EDEN ENERGY LIMITED EDISON SPA EGDON RESOURCES EGERTON ENERGY VENTURES ENCOUNTER OIL ENDEAVOUR INTERNATIONAL ENEGI OIL PLC ENERGY RESOURCE TECHNOLOGY ENI UK LIMITED ENQUEST PLC EOG RESOURCES INC. EUROPA OIL AND GAS EXXONMOBIL INTERNATIONAL FAIRFIELD ENERGY LIMITED FAROE PETROLEUM PLC FIRST OIL EXPRO FYRD ENERGY LIMITED GAS-UNION GMBH GAZPROM INTERNATIONAL GDF SUEZ E&P GROLIFFE GTO LIMITED HANSA HYDROCARBONS HESS LIMITED HIGHLAND PETROLEUM LIMITED HOLYWELL RESOURCES HORSE HILL DEVELOPMENTS LTD HURRICANE EXPLORATION HUTTON ENERGY LIMITED IDEMITSU KOSAN IGAS PLC INDEPENDENT OIL AND GAS INEOS INDUSTRIES INFRASTRATA PLC IONA ENERGY COMPANY ITHACA ENERGY INC. JAPAN PETROLEUM EXPLORATION CO. JX NIPPON OIL & GAS KIMMERIDGE ENERGY MANAGEMENT LTD KOREA NATIONAL OIL CORPORATION KUWAIT PETROLEUM CORPORATION MAERSK GROUP MAGELLAN PETROLEUM CORPORATION

7

MARATHON OIL UK LIMITED MARGIN OIL AND GAS (UK) LIMITED MARUBENI OIL & GAS MITSUBISHI CORPORATION MITSUI E&P UK LIMITED MOL GROUP MONTROSE INDUSTRIES MOORLAND ENERGY MPX OIL & GAS MURPHY PETROLEUM NATIONAL IRANIAN OIL CO. NEBULA RESOURCES LIMITED NOBLE ENERGY EUROPE NORTH SEA ENERGY INC. NORWEGIAN ENERGY COMPANY ASA NORWEST ENERGY OK ENERGY LIMITED OMV (UK) LIMITED ONSHORE OILFIELD SERVICES LIMITED ORANJE-NASSAU ENERGIE ORIGO EXPLORATION OYSTER PETROLEUM PA RESOURCES AB PARKMEAD GROUP PLC PERENCO OIL & GAS PETROFAC PETRONAS ENERGY TRADING PREMIER OIL PLC PROVIDENCE RESOURCES REACH ENERGY LIMITED REACH OIL & GAS ROC OIL (UK) LIMITED ROYAL DUTCH SHELL RWE DEA UK HOLDINGS SCOTTISH AND SOUTHERN ENERGY PLC SCOTTISH POWER PLC SERICA ENERGY SHERRITT INTERNATIONAL CORPORATION SOJITZ UK PLC SONOREX OIL AND GAS SPIKE EXPLORATION STATOIL ASA STELINMATVIC INDUSTRIES STERLING RESOURCES SUMITOMO CORPORATION SUNCOR ENERGY INC. SWIFT EXPLORATION TALISMAN SINOPEC ENERGY TAQA EUROPA B.V. TERRAIN ENERGY TGS GEOPHYSICAL COMPANY (UK) LIMITED

8

THE CHATSWORTH ESTATES COMPANY THE STEAM OIL PRODUCTION COMPANY LTD THIRD ENERGY TOTAL UPSTREAM UK LIMITED TRAP OIL GROUP PLC TULLOW UK U.K. GAS LIMITED U.K. ONSHORE GAS LIMITED UK OIL & GAS INVESTMENTS PLC UNION JACK OIL PLC VERITAS GEOPHYSICAL VERUS PETROLEUM WARWICK ENERGY WESSEX HYDROCARBONS LIMITED WESTOIL LIMITED WINGAS GMBH WINTERSHALL B.V. XCITE ENERGY YORKSHIRE EXPLORATION LIM

Source: https://itportal.decc.gov.uk/information/licence_reports/databycompanyandblock.html

3) Oil Production Oil Production by Field:

Field Name 2014

Production

(Tonnes)

2014 Production

(Barrels) Value $

2014

Production

(Barrels/day)

BUZZARD 7,717,830 56,571,694 $ 5,597,769,121 154,991

FORTIES 1,907,040 13,978,603 $ 1,383,182,767 38,298

JASMINE 1,764,720 12,935,398 $ 1,279,957,632 35,439

CAPTAIN 1,149,840 8,428,327 $ 833,982,957 23,091

ALBA 880,520 6,454,212 $ 638,644,277 17,683

FOINAVEN 870,140 6,378,126 $ 631,115,568 17,474

CLAIR 831,890 6,097,754 $ 603,372,758 16,706

WYTCH FARM 831,590 6,095,555 $ 603,155,167 16,700

FRANKLIN 675,680 4,952,734 $ 490,073,029 13,569

GRYPHON 643,860 4,719,494 $ 466,993,931 12,930

NINIAN 576,710 4,227,284 $ 418,289,752 11,582

HUNTINGTON 568,680 4,168,424 $ 412,465,555 11,420

MAGNUS 566,000 4,148,780 $ 410,521,781 11,367

BERYL 561,820 4,118,141 $ 407,490,052 11,283

TELFORD 522,290 3,828,386 $ 378,818,795 10,489

MACHAR 499,360 3,660,309 $ 362,187,576 10,028

HARDING 479,480 3,514,588 $ 347,768,483 9,629

SCOTT 427,590 3,134,235 $ 310,132,553 8,587

9

CORMORANT NORTH 420,820 3,084,611 $ 305,222,258 8,451

DON SOUTH WEST 392,820 2,879,371 $ 284,913,760 7,889

BALLOCH 382,450 2,803,359 $ 277,392,373 7,680

THISTLE 378,420 2,773,819 $ 274,469,390 7,600

TERN 364,040 2,668,413 $ 264,039,466 7,311

MACLURE 363,910 2,667,460 $ 263,945,167 7,308

BACCHUS 345,090 2,529,510 $ 250,295,015 6,930

MUNGO 324,230 2,376,606 $ 235,165,164 6,511

NELSON 322,340 2,362,752 $ 233,794,310 6,473

PELICAN 320,200 2,347,066 $ 232,242,181 6,430

CALLANISH 315,970 2,316,060 $ 229,174,137 6,345

WEST BRAE 313,870 2,300,667 $ 227,651,000 6,303

ETTRICK 306,620 2,247,525 $ 222,392,599 6,158

BLAKE 303,120 2,221,870 $ 219,854,037 6,087

WEST DON 298,510 2,188,078 $ 216,510,318 5,995

CLAYMORE 283,000 2,074,390 $ 205,260,891 5,683

CORMORANT SOUTH 278,300 2,039,939 $ 201,851,964 5,589

CHESTNUT 277,940 2,037,300 $ 201,590,835 5,582

NEVIS 260,120 1,906,680 $ 188,665,986 5,224

ATHENA 240,580 1,763,451 $ 174,493,476 4,831

PENGUIN EAST 236,280 1,731,932 $ 171,374,671 4,745

DUNBAR 221,410 1,622,935 $ 160,589,418 4,446

PIPER 216,360 1,585,919 $ 156,926,685 4,345

STARLING 215,650 1,580,715 $ 156,411,749 4,331

DOUGLAS 213,730 1,566,641 $ 155,019,127 4,292

ELGIN 209,050 1,532,337 $ 151,624,746 4,198

JANICE 204,480 1,498,838 $ 148,310,020 4,106

JADE 204,360 1,497,959 $ 148,223,043 4,104

STATFJORD 198,840 1,457,497 $ 144,219,328 3,993

DUNLIN 195,970 1,436,460 $ 142,137,717 3,936

ALWYN NORTH 190,740 1,398,124 $ 138,344,370 3,830

BITTERN 189,000 1,385,370 $ 137,082,362 3,796

BROOM 177,100 1,298,143 $ 128,451,250 3,557

MACCULLOCH 175,250 1,284,583 $ 127,109,488 3,519

BRAEMAR 173,420 1,271,169 $ 125,782,173 3,483

COOK 170,260 1,248,006 $ 123,490,194 3,419

BUCHAN 166,770 1,222,424 $ 120,958,855 3,349

BLANE 158,140 1,159,166 $ 114,699,476 3,176

GUILLEMOT A 156,100 1,144,213 $ 113,219,876 3,135

MADOES 141,020 1,033,677 $ 102,282,339 2,832

BANFF 136,560 1,000,985 $ 99,047,466 2,742

10

JUDY 135,080 990,136 $ 97,973,957 2,713

DEVENICK 128,680 943,224 $ 93,332,015 2,584

MERGANSER 117,820 863,621 $ 85,455,298 2,366

LOCHRANZA 115,950 849,914 $ 84,098,990 2,329

HUDSON 115,070 843,463 $ 83,460,664 2,311

BLACKBIRD 111,900 820,227 $ 81,161,462 2,247

BRITANNIA 111,830 819,714 $ 81,110,700 2,246

JOANNE 110,120 807,180 $ 79,870,461 2,211

EVEREST 109,210 800,509 $ 79,210,366 2,193

TULLICH 108,950 798,604 $ 79,021,866 2,188

OSPREY 106,590 781,305 $ 77,310,130 2,141

ERSKINE 104,880 768,770 $ 76,069,792 2,106

GOLDEN EAGLE 102,880 754,110 $ 74,619,185 2,066

BRUCE 102,280 749,712 $ 74,184,002 2,054

AUK NORTH 101,010 740,403 $ 73,262,877 2,029

GANNET A 100,470 736,445 $ 72,871,233 2,018

KYLE 97,140 712,036 $ 70,455,962 1,951

PENGUIN WEST 97,030 711,230 $ 70,376,209 1,949

AUK 96,280 705,732 $ 69,832,181 1,934

BRENDA 96,170 704,926 $ 69,752,428 1,931

BURGHLEY 89,300 654,569 $ 64,769,603 1,793

MAULE 85,630 627,668 $ 62,107,749 1,720

HEATHER {AND EXT} 84,500 619,385 $ 61,288,146 1,697

FULMAR 82,250 602,893 $ 59,656,262 1,652

HOWE 82,000 601,060 $ 59,474,887 1,647

BEATRICE 80,250 588,233 $ 58,205,655 1,612

ROCHELLE 79,690 584,128 $ 57,799,466 1,600

BRAE CENTRAL 78,860 578,044 $ 57,197,454 1,584

GROUSE 77,550 568,442 $ 56,247,336 1,557

CAUSEWAY 77,430 567,562 $ 56,160,260 1,555

FALCON 76,990 564,337 $ 55,841,146 1,546

EIDER 74,040 542,713 $ 53,701,451 1,487

BOA 73,220 536,703 $ 53,106,762 1,470

AFFLECK 73,010 535,163 $ 52,954,379 1,466

TWEEDSMUIR SOUTH 72,620 532,305 $ 52,671,580 1,458

BRODGAR 69,640 510,461 $ 50,510,116 1,399

ORION 67,540 495,068 $ 48,986,979 1,356

CLYDE 66,950 490,744 $ 48,559,119 1,345

GUILLEMOT NW 66,920 490,524 $ 48,537,350 1,344

DEVERON 62,180 455,779 $ 45,099,332 1,249

LYELL 58,590 429,465 $ 42,495,562 1,177

11

DONAN {MAERSK} 57,960 424,847 $ 42,038,611 1,164

BRENT 57,890 424,334 $ 41,987,849 1,163

HERON 55,910 409,820 $ 40,551,689 1,123

CLAPHAM 52,820 387,171 $ 38,310,570 1,061

GANNET F 48,930 358,657 $ 35,489,110 983

GOOSANDER 48,040 352,133 $ 34,843,560 965

SEYMOUR 47,590 348,835 $ 34,517,223 956

BUCKLAND 46,720 342,458 $ 33,886,219 938

BRAE NORTH 45,020 329,997 $ 32,653,203 904

CURLEW 44,310 324,792 $ 32,138,168 890

ELLON 42,650 312,625 $ 30,934,244 857

TONTO 38,080 279,126 $ 27,619,518 765

PICT 36,840 270,037 $ 26,720,161 740

GRANT 35,970 263,660 $ 26,089,157 722

MIRREN 35,320 258,896 $ 25,617,759 709

BALMORAL 34,570 253,398 $ 25,073,732 694

KINGFISHER 33,490 245,482 $ 24,290,444 673

JAMES 33,110 242,696 $ 24,014,769 665

TWEEDSMUIR 33,080 242,476 $ 23,993,000 664

MALLARD 32,350 237,126 $ 23,463,618 650

CURLEW C 31,200 228,696 $ 22,629,469 627

NICOL 30,670 224,811 $ 22,245,048 616

COLUMBA BD 30,480 223,418 $ 22,107,211 612

WELTON 30,000 219,900 $ 21,759,105 602

JURA 29,510 216,308 $ 21,403,677 593

THELMA 28,350 207,806 $ 20,562,404 569

BRAE EAST 27,280 199,962 $ 19,786,240 548

SAXON 27,130 198,863 $ 19,677,494 545

FLEMING 26,280 192,632 $ 19,060,936 528

TIFFANY 24,100 176,653 $ 17,479,814 484

CORMORANT EAST 23,730 173,941 $ 17,211,462 477

SCOTER 23,700 173,721 $ 17,189,693 476

BRAE SOUTH 23,270 170,569 $ 16,877,803 467

SINGLETON 22,750 166,758 $ 16,500,704 457

MARIA 19,580 143,521 $ 14,201,403 393

KEITH 19,550 143,302 $ 14,179,733 393

SKENE 19,510 143,008 $ 14,150,642 392

BARDOLINO 19,340 141,762 $ 14,027,350 388

GUILLEMOT W 19,170 140,516 $ 13,904,058 385

HUMBLY GROVE 18,740 137,364 $ 13,592,168 376

MERLIN 18,340 134,432 $ 13,302,046 368

12

STRATHSPEY 18,100 132,673 $ 13,127,993 363

STOCKBRIDGE 17,120 125,490 $ 12,417,236 344

LOMOND 15,160 111,123 $ 10,995,621 304

DOUGLAS WEST 14,920 109,364 $ 10,821,568 300

GANNET D 13,120 96,170 $ 9,516,022 263

COLUMBA E 12,590 92,285 $ 9,131,601 253

DUNLIN SOUTH WEST 11,910 87,300 $ 8,638,335 239

WOOD 11,770 86,274 $ 8,536,812 236

FIONN 11,590 84,955 $ 8,406,297 233

CONRIE 10,950 80,264 $ 7,942,123 220

PIERCE 9,810 71,907 $ 7,115,198 197

STIRLING 9,170 67,216 $ 6,651,023 184

MURCHISON 9,020 66,117 $ 6,542,277 181

BIRCH 8,090 59,300 $ 5,867,735 162

SALTIRE 7,850 57,541 $ 5,693,682 158

LARCH 7,600 55,708 $ 5,512,307 153

COLD HANWORTH 7,570 55,488 $ 5,490,538 152

HORNDEAN 7,440 54,535 $ 5,396,238 149

ISLAY 7,140 52,336 $ 5,178,647 143

TEAL 6,750 49,478 $ 4,895,848 136

BLETCHINGLEY 6,540 47,938 $ 4,743,465 131

JACKY 6,190 45,373 $ 4,489,658 124

GLENTWORTH 5,290 38,776 $ 3,836,885 106

ROSS 5,280 38,702 $ 3,829,563 106

MARNOCK 5,000 36,650 $ 3,626,518 100

SCAMPTON NORTH 4,950 36,284 $ 3,590,302 99

BECKINGHAM 4,580 33,571 $ 3,321,850 92

GAINSBOROUGH 4,150 30,420 $ 3,010,059 83

DRAKE 4,140 30,346 $ 3,002,737 83

WAREHAM 3,920 28,734 $ 2,843,229 79

WEST FIRSBY 3,840 28,147 $ 2,785,146 77

LONG CLAWSON 3,750 27,488 $ 2,719,938 75

SYCAMORE 3,590 26,315 $ 2,603,869 72

BEINN 3,420 25,069 $ 2,480,578 69

LENNOX 3,420 25,069 $ 2,480,578 69

NETHAN 3,320 24,336 $ 2,408,047 67

RHUM 3,250 23,823 $ 2,357,286 65

LEVEN 3,160 23,163 $ 2,291,979 63

AVINGTON 3,090 22,650 $ 2,241,218 62

LYBSTER 3,080 22,576 $ 2,233,895 62

MEDWIN 3,000 21,990 $ 2,175,911 60

13

PALMERS WOOD 2,980 21,843 $ 2,161,365 60

ANDREW 2,880 21,110 $ 2,088,835 58

KIMMERIDGE 2,640 19,351 $ 1,914,781 53

CORRINGHAM 2,330 17,079 $ 1,689,967 47

KINNOULL 2,220 16,273 $ 1,610,213 45

MONTROSE 1,920 14,074 $ 1,392,622 39

FISKERTON AIRFIELD 1,880 13,780 $ 1,363,531 38

STORRINGTON 1,870 13,707 $ 1,356,308 38

EAST GLENTWORTH 1,690 12,388 $ 1,225,793 34

CROSBY WARREN 1,560 11,435 $ 1,131,493 31

BOTHAMSALL 1,550 11,362 $ 1,124,270 31

KEDDINGTON 1,480 10,848 $ 1,073,410 30

GOODWORTH 1,450 10,629 $ 1,051,740 29

BROCKHAM 1,250 9,163 $ 906,679 25

NESS 680 4,984 $ 493,167 14

REMPSTONE 500 3,665 $ 362,652 10

WEST BECKINGHAM 500 3,665 $ 362,652 10

HAWKINS 480 3,518 $ 348,106 10

CHANTER 450 3,299 $ 326,436 9

LIDSEY 450 3,299 $ 326,436 9

FARLEYS WOOD 420 3,079 $ 304,667 8

DUKES WOOD 400 2,932 $ 290,121 8

STAINTON 310 2,272 $ 224,814 6

PLAYFAIR 290 2,126 $ 210,368 6

SCAPA 280 2,052 $ 203,045 6

EGMANTON 260 1,906 $ 188,599 5

KITTIWAKE 260 1,906 $ 188,599 5

WADDOCK CROSS 250 1,833 $ 181,375 5

SOUTH LEVERTON 170 1,246 $ 123,292 3

NETTLEHAM 140 1,026 $ 101,523 3

SCAMPTON 140 1,026 $ 101,523 3

Note: Oil price is taken from BP Statistical Review of World Energy 2015 page 15. No attempt has been made to determine the quality of oil in each field and to adjust accordingly. Sales value is therefore an approximation based on an average price.

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20

North Sea Oil Output by Field Top 20 Annual Total (Tonnes) 2014

Source: Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 May 2015 https://itportal.decc.gov.uk/pprs/full_production.htm

15

9,0

83

,08

0

1,9

80

,79

0

1,5

70

,45

0

1,3

57

,16

0

91

1,4

90

82

3,2

50

58

3,6

50

54

5,1

00

54

0,7

10

54

0,3

00

52

7,9

50

52

5,6

90

46

5,4

00

46

0,8

00

44

0,8

20

43

5,4

90

43

5,2

60

43

5,0

90

43

2,0

70

41

7,7

40

North Sea Oil Output by Field Top 20 Annual Total (Tonnes) 2013

Source: Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 June 2014 https://www.og.decc.gov.uk/pprs/full_production.htm

16

9,1

41

,11

1.

3,0

42

,65

2.

2,6

58

,10

5.

2,2

61

,63

8.

1,9

69

,38

9.

1,9

67

,28

9.

1,7

58

,75

8.

1,5

80

,38

2.

1,3

05

,92

9.

1,1

47

,19

5.

93

5,5

32

.

90

2,2

96

.

89

4,1

82

.

81

5,7

92

.

80

3,3

24

.

78

6,2

57

.

64

9,0

57

.

61

7,7

42

.

61

1,3

49

.

58

2,2

91

.

UKCS Oil Output by Field Top 20 Annual Total (Tonnes) 2009

17

Oil Production by Company:

Equity Holder Tonnes

2014 Production

(Barrels) Value $

2014 Production

(Barrels/day)

NEXEN PETROLEUM 4,350,070 31,886,013 $ 3,155,120,986 87,359

APACHE 2,892,368 21,201,057 $ 2,097,844,590 58,085

BG INTERNATIONAL LIMITED 2,861,971 20,978,247 $ 2,075,797,541 57,475

TAQA BRATANI LIMITED 2,470,360 18,107,739 $ 1,791,760,774 49,610

SUNCOR ENERGY UK LIMITED 2,335,090 17,116,210 $ 1,693,648,980 46,894

BP 2,370,321 17,374,453 $ 1,719,202,124 47,601

MAERSK OIL NORTH SEA 1,992,321 14,603,713 $ 1,445,037,401 40,010

SHELL U.K. LIMITED 1,615,464 11,841,351 $ 1,171,701,681 32,442

CHEVRON NORTH SEA LIMITED 1,604,522 11,761,146 $ 1,163,765,397 32,222

CONOCOPHILLIPS (U.K.) LIMITED 1,456,990 10,679,737 $ 1,056,759,976 29,260

TALISMAN SINOPEC 1,426,529 10,456,458 $ 1,034,666,519 28,648

ENI 1,173,543 8,602,070 $ 851,174,827 23,567

ENQUEST 1,150,097 8,430,211 $ 834,169,378 23,096

TOTAL E&P UK LIMITED 986,743 7,232,826 $ 715,688,133 19,816

ESSO E&P UK LIMITED 922,963 6,765,319 $ 669,428,315 18,535

CNR 840,078 6,157,772 $ 609,311,539 16,871

DANA PETROLEUM (E&P) LIMITED 806,071 5,908,500 $ 584,646,075 16,188

PREMIER OIL UK LIMITED 674,090 4,941,080 $ 488,919,866 13,537

CENTRICA 633,852 4,646,135 $ 459,735,058 12,729

MARATHON OIL U.K. LLC 481,906 3,532,371 $ 349,528,110 9,678

ITHACA ENERGY (UK) LIMITED 463,468 3,397,220 $ 336,154,919 9,307

PERENCO UK LIMITED 421,160 3,087,103 $ 305,468,842 8,458

EDINBURGH OIL & GAS LIMITED 403,600 2,958,388 $ 292,732,493 8,105

ENDEAVOUR ENERGY UK LIMITED 369,312 2,707,057 $ 267,863,290 7,417

FAIRFIELD 232,967 1,707,648 $ 168,971,770 4,678

JX NIPPON E & P (U.K.) LIMITED 206,231 1,511,673 $ 149,580,043 4,142

E.ON E&P UK LIMITED 200,350 1,468,566 $ 145,314,606 4,023

FIRST OIL 178,849 1,310,963 $ 129,719,789 3,592

MOL OPERATIONS UK LTD 164,963 1,209,179 $ 119,648,262 3,313

STATOIL (U.K.) LIMITED 149,688 1,097,213 $ 108,569,226 3,006 TRANSWORLD PETROLEUM (U.K.) LIMITED 148,923 1,091,606 $ 108,014,414 2,991

IGAS ENERGY plc 128,363 940,901 $ 93,102,154 2,578

MITSUI E&P UK LIMITED 127,140 931,936 $ 92,215,067 2,553

NORECO OIL (UK) LIMITED 113,736 833,685 $ 82,493,131 2,284

MCX 99,843 731,849 $ 72,416,459 2,005

IDEMITSU PETROLEUM UK LTD. 94,105 689,790 $ 68,254,721 1,890 SOJITZ ENERGY PROJECT LIMITED 86,921 637,131 $ 63,044,112 1,746

IONA UK HUNTINGTON LIMITED 85,302 625,264 $ 61,869,873 1,713 ATLANTIC PETROLEUM NORTH SEA LIMITED 77,555 568,478 $ 56,250,898 1,557

DYAS UK LIMITED 64,417 472,177 $ 46,721,914 1,294

18

VALIANT EXPLORATION LIMITED 49,942 366,075 $ 36,223,121 1,003

PARKMEAD (E&P) LIMITED 48,116 352,690 $ 34,898,676 966

SPIKE EXPLORATION UK LTD 36,087 264,518 $ 26,174,056 725

TRAP OIL LTD 36,087 264,518 $ 26,174,056 725

OMV (U.K.) LIMITED 35,132 257,518 $ 25,481,406 706 FAROE PETROLEUM (U.K.) LIMITED 34,728 254,556 $ 25,188,316 697 CIECO EXPLORATION AND PRODUCTION (UK) LIMITED 29,654 217,364 $ 21,508,168 596 MARUBENI OIL & GAS (U.K.) LIMITED 27,997 205,218 $ 20,306,321 562

Antrim Resources Limited 27,488 201,487 $ 19,937,139 552

NOBLE ENERGY (OILEX) LIMITED 24,535 179,842 $ 17,795,366 493

ROC OIL (GB) LIMITED 24,101 176,660 $ 17,480,507 484

ZEUS PETROLEUM LIMITED 24,058 176,345 $ 17,449,338 483 BHP BILLITON PETROLEUM GREAT BRITAIN LIMITED 22,588 165,570 $ 16,383,152 454 SUMMIT EXPLORATION AND PRODUCTION LIMITED 19,375 142,019 $ 14,052,780 389

HUMBLY GROVE ENERGY LIMITED 18,740 137,364 $ 13,592,168 376

RWE DEA UK SNS LIMITED 14,541 106,586 $ 10,546,685 292

RIGEL PETROLEUM (NI) LIMITED 10,570 77,478 $ 7,666,448 212

EQ PETROLEUM SABAH LTD 10,566 77,449 $ 7,663,579 212

EUROPA OIL & GAS LIMITED 5,400 39,582 $ 3,916,639 108

GDF SUEZ E&P UK LTD 2,942 21,565 $ 2,133,857 59

EGDON RESOURCES U.K. LIMITED 2,849 20,883 $ 2,066,373 57

CIRQUE ENERGY (UK) LIMITED 1,880 13,780 $ 1,363,531 38 IRANIAN OIL COMPANY (U.K.) LIMITED 1,625 11,911 $ 1,178,593 33

BRIDGE ENERGY (SNS) LIMITED 1,135 8,320 $ 823,264 23 ANGUS ENERGY WEALD BASIN NO.3 LIMITED 1,065 7,806 $ 772,404 21

UKOG (GB) LIMITED 744 5,454 $ 539,673 15

DART ENERGY LIMITED 726 5,322 $ 526,612 15

TERRAIN ENERGY LIMITED 572 4,193 $ 414,897 11

ECORP OIL & GAS UK LIMITED 560 4,105 $ 406,190 11 ONSHORE PRODUCTION SERVICES LIMITED 420 3,079 $ 304,667 8

IS E&P Limited 310 2,272 $ 224,814 6

AURORA EXPLORATION 304 2,228 $ 220,461 6

DORIEMUS PLC 215 1,576 $ 155,945 4

BROCKHAM CAPITAL LIMITED 170 1,246 $ 123,292 3

Northern Petroleum 155 1,136 $ 112,407 3

ALBA RESOURCES LIMITED 148 1,085 $ 107,361 3

NIPPON OIL 139 1,019 $ 100,830 3

CAIRN ENERGY plc 60 440 $ 43,538 1

UK OIL & GAS INVESTMENTS plc 40 293 $ 28,992 1

DORSET EXPLORATION 25 183 $ 18,108 1 BLACKLAND PARK EXPLORATION LIMITED 0 - $ - -

19

BRITANNIA OPERATOR LIMITED 0 - $ - -

DONG E&P Norge AS 0 - $ - -

HESS LIMITED 0 - $ - -

NOIL Energy ASA 0 - $ - - ORANJE-NASSAU ENERGIE HANZE (UK) LIMITED 0 - $ - - VERUS PETROLEUM (PRODUCTION) LIMITED 0 - $ - -

37,378,031 273,980,970 27,110,416,983 750,632

Note: Oil price is taken from BP Statistical Review of World Energy 2015 page 15. No attempt has been made to determine the quality of oil in each field and to adjust accordingly. Sales value is therefore an approximation based on an average price.

20

4,3

50,0

70

2,8

92,3

68

2,8

61,9

71

2,4

70,3

60

2,3

35,0

90

2,3

70,3

21

1,9

92,3

21

1,6

15,4

64

1,6

04,5

22

1,4

56,9

90

1,4

26,5

29

1,1

73,5

43

1,1

50,0

97

986,

743

92

2,9

63

840,

078

806,

071

674,

090

633,

852

481,

906

NEX

EN P

ETR

OLE

UM

AP

AC

HE

BG

INTE

RN

ATI

ON

AL

LIM

ITED

TAQ

A B

RA

TAN

I LIM

ITED

SUN

CO

R E

NER

GY

UK

LIM

ITED

BP

MA

ERSK

OIL

NO

RTH

SEA

SHEL

L U

.K.

LIM

ITED

CH

EVR

ON

NO

RTH

SEA

LIM

ITED

CO

NO

CO

PH

ILLI

PS

(U.K

.) L

IMIT

ED

TALI

SMA

N S

INO

PEC

ENI

ENQ

UES

T

TOTA

L E&

P U

K L

IMIT

ED

ESSO

E&

P U

K L

IMIT

ED

CN

R

DA

NA

PET

RO

LEU

M (

E&P

) LI

MIT

ED

PR

EMIE

R O

IL U

K L

IMIT

ED

CEN

TRIC

A

MA

RA

THO

N O

IL U

.K. L

LC

UKCS Oil Output by Company Annual Total (Tonnes) 2014

Source: Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 May 2015 https://itportal.decc.gov.uk/pprs/full_production.htm

21

4,9

11,0

22

3,0

56,1

57

2,4

39,0

68

2,7

41,3

46

2,7

15,8

41

2,1

07,3

86

1,9

89,0

35

1,5

84,2

83

1,4

72,4

37

1,1

35

,82

5

1,0

12,5

29

959,

022

879,

647

845,

612

876,

672

731,

156

818,

904

758,

549

670,

194

626,

095

NEX

EN

AP

AC

HE

NO

RTH

SEA

LIM

ITED

BP

BG

Gro

up

SUN

CO

R E

NER

GY

UK

LIM

ITED

TAQ

A B

RA

TAN

I

CH

EVR

ON

NO

RTH

SEA

LIM

ITED

TALI

SMA

N S

INO

PEC

EN

ERG

Y U

K L

IMIT

ED

MA

ERSK

OIL

ENQ

UES

T

DA

NA

PET

RO

LEU

M

CO

NO

CO

PH

ILLI

PS

(U.K

.) L

IMIT

ED

CN

R IN

TER

NA

TIO

NA

L

CEN

TRIC

A R

ESO

UR

CES

LIM

ITED

SHEL

L

TOTA

L E&

P U

K L

IMIT

ED

ESSO

EX

PLO

RA

TIO

N A

ND

PR

OD

UC

TIO

N U

K L

IMIT

ED

ENTE

RP

RIS

E O

IL L

IMIT

ED

MA

RA

THO

N O

IL

PR

EMIE

R O

IL

UKCS Oil Output by Company Annual Total (Tonnes) 2013

Source: Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 June 2014 https://www.og.decc.gov.uk/pprs/full_production.htm

22

6,8

10

,55

1

4,8

37

,89

3

4,0

21

,04

9

3,5

08

,66

5

3,4

61

,34

0

3,2

82

,48

8

3,1

85

,01

1

3,0

61

,32

9

3,0

43

,07

7

2,9

55

,63

2

2,8

69

,21

0

2,2

73

,10

1

1,7

33

,08

0

1,6

91

,33

4

1,6

07

,22

6

1,3

75

,38

0

1,0

49

,07

2

95

6,3

53

70

1,6

62

70

0,2

13

UKCS Oil Output by Company Top 20 Annual Total (Tonnes) 2009

23

EQUITY HOLDER Tonnes 2014 Tonnes 2013 Difference

NEXEN 4,350,070 4,911,022 -560,952

APACHE NORTH SEA LIMITED 2,892,368 3,056,157 -163,789

BG Group 2,861,971 2,741,346 120,625

SUNCOR ENERGY UK LIMITED 2,335,090 2,715,841 -380,751

TAQA BRATANI 2,470,360 2,107,386 362,974

CHEVRON NORTH SEA LIMITED 1,604,522 1,989,035 -384,513

BP 2,370,321 2,439,068 -68,747

TALISMAN SINOPEC ENERGY UK LTD 1,426,529 1,584,283 -157,754

MAERSK OIL 1,992,321 1,472,437 519,884

ENQUEST 1,150,097 1,135,825 14,272

DANA PETROLEUM 806,071 1,012,529 -206,458

CONOCOPHILLIPS (U.K.) LIMITED 1,456,990 959,022 497,968

CNR INTERNATIONAL 840,078 879,647 -39,569

CENTRICA RESOURCES LIMITED 633,852 845,612 -211,760

SHELL 1,615,464 1,635,221 -19,757

TOTAL E&P UK LIMITED 986,743 924,881 61,862

ESSO E & P UK LIMITED 922,963 818,904 104,059

MARATHON OIL 481,906 670,194 -188,288

PREMIER OIL 674,090 626,095 47,995

ITHACA 463,468 537,326 -73,858

ENI 1,173,543 526,058 647,485

PERENCO 421,160 420,257 903

EDINBURGH OIL & GAS LIMITED 403,600 468,687 -65,087

ENDEAVOUR ENERGY UK LIMITED 369,312 413,250 -43,938

FIRST OIL AND GAS 178,849 243,081 -64,232

JX NIPPON EXPLORATION AND PRODUCTION (U.K.) LIMITED 206,231 182,063 24,168

FAIRFIELD 232,967 179,480 53,487

STATOIL (U.K.) LIMITED 149,688 159,952 -10,264

DYAS UK LIMITED 64,417 146,324 -81,907

MITSUI E&P UK LIMITED 127,140 141,200 -14,060

BHP BILLITON 22,588 136,860 -114,272

TRANSWORLD PETROLEUM (U.K.) LIMITED 148,923 134,911 14,012

SUMMIT PETROLEUM 19,375 123,810 -104,435

E.ON E&P 200,350 135,478 64,872

IDEMITSU PETROLEUM UK LTD. 94,105 117,334 -23,229

ATLANTIC PETROLEUM UK LIMITED 77,555 93,911 -16,356

MARUBENI OIL & GAS 27,997 83,777 -55,780

EWE VERTRIEB GMBH 0 87,052 -87,052

MCX (MITSUBISHI) 99,843 76,920 22,923

SPIKE EXPLORATION UK LTD 36,087 65,289 -29,202

TRAP OIL LTD 36,087 65,289 -29,202

NORECO OIL (UK) LIMITED 113,736 73,280 40,456

WINTERSHALL 0 56,495 -56,495

24

IONA UK HUNTINGTON LIMITED 85,302 54,960 30,342

VALIANT EXPLORATION LIMITED 49,942 53,948 -4,006

ZEUS PETROLEUM LIMITED 24,058 43,526 -19,468

OMV (U.K.) LIMITED 35,132 44,762 -9,630

SOJITZ ENERGY PROJECT LIMITED 86,921 48,144 38,777

CIECO EXPLORATION AND PRODUCTION (UK) LIMITED 29,654 37,421 -7,767

FAROE PETROLEUM (U.K.) LIMITED 34,728 38,593 -3,865

Antrim Resources Limited 27,488 29,692 -2,204

ROC OIL (GB) LIMITED 24,101 26,783 -2,682

NOBLE ENERGY (OILEX) LIMITED 24,535 22,162 2,373

RWE DEA UK SNS LIMITED 14,541 18,151 -3,610

Igas Energy plc 128,363 118,332 10,031

SCHIEHALLION OIL & GAS LIMITED 0 13,323 -13,323

RIGEL PETROLEUM (NI) LIMITED 10,570 13,416 -2,846

HUMBLY GROVE ENERGY LIMITED 18,740 11,570 7,170

EQ PETROLEUM SABAH LTD 10,566 10,938 -372

PALADIN RESOURCES 8,955 -8,955

EUROPA OIL & GAS LIMITED 5,400 5,780 -380

MURPHY PETROLEUM LIMITED 4,999 -4,999

MOL OPERATIONS UK LIMITED 164963 164,963

PARKMEAD (E&P) LIMITED 48116 48,116

GDF SUEZ E&P UK LTD 2,942 62,409 -59,467

IRANIAN OIL COMPANY (U.K.) LIMITED 1,625 0 1,625

UKOG (GB) LIMITED 744 0 744

DART ENERGY LIMITED 726 0 726

ECORP OIL & GAS UK LIMITED 560 0 560

BLACKLAND PARK EXPLORATION LIMITED 2,910 -2,910

NORTH SEA ENERGY (UK) LIMITED 2,677 -2,677

EGDON RESOURCES 2,849 2,246 603

BRIDGE ENERGY 1,135 1,819 -684

ANGUS ENERGY 1,065 1,445 -380

CIRQUE ENERGY (UK) LIMITED 1,880 1,600 280

Northern Petroleum plc 155 845 -690

TERRAIN ENERGY LIMITED 572 490 82

AURORA EXPLORATION 304 295 9

DORIEMUS PLC 215 0 215

BROCKHAM CAPITAL LIMITED 170 0 170

NIPPON OIL 139 0 139

CAIRN ENERGY plc 60 0 60

UK OIL & GAS INVESTMENTS plc 40 0 40

DORSET EXPLORATION 25 0 25

ALBA RESOURCES LIMITED 148 164 -16

IS E&P Limited 310 177 133

IS NV Limited 177 -177

25

ONSHORE PRODUCTION SERVICES LIMITED 420 90 330

ORANJE-NASSAU ENERGIE HANZE (UK) LIMITED 0 61 -61

FINA EXPLORATION LIMITED 0 64 -64

37,378,031 37,875,513 -497,482

26

64

7,4

85

51

9,8

84

49

7,9

68

36

2,9

74

16

4,9

63

12

0,6

25

10

4,0

59

64

,87

2

61

,86

2

53

,48

7

-10

4,4

35

-11

4,2

72

-15

7,7

54

-16

3,7

89

-18

8,2

88

-20

6,4

58

-21

1,7

60

-38

0,7

51

-38

4,5

13

-56

0,9

52

ENI

MA

ERSK

OIL

CO

NO

CO

PH

ILLI

PS

(U.K

.) L

IMIT

ED

TAQ

A B

RA

TAN

I

MO

L O

PER

ATI

ON

S U

K L

IMIT

ED

BG

Gro

up

ESSO

E &

P U

K L

IMIT

ED

E.O

N E

&P

TOTA

L E&

P U

K L

IMIT

ED

FAIR

FIEL

D

SUM

MIT

PET

RO

LEU

M

BH

P B

ILLI

TON

TALI

SMA

N S

INO

PEC

EN

ERG

Y U

K L

TD

AP

AC

HE

NO

RTH

SEA

LIM

ITED

MA

RA

THO

N O

IL

DA

NA

PET

RO

LEU

M

CEN

TRIC

A R

ESO

UR

CES

LIM

ITED

SUN

CO

R E

NER

GY

UK

LIM

ITED

CH

EVR

ON

NO

RTH

SEA

LIM

ITED

NEX

EN

UKCS Oil Output by Company Production Change in Tonnes 2014v2013

Source: Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 June 2014 https://www.og.decc.gov.uk/pprs/full_production.htm and Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 May 2015 https://itportal.decc.gov.uk/pprs/full_production.htm

27

4) Gas Production

Gas Production by Field 2014 (000’s Cubic Meters) Field CuM 000's MM BTUs Value $

ROUGH STORAGE 2,388,126 84,335,874 $ 693,240,884

JASMINE 2,040,057 72,043,933 $ 592,201,129

BRITANNIA 1,618,209 57,146,511 $ 469,744,320

MORECAMBE SOUTH 1,403,603 49,567,772 $ 407,447,086

FRANKLIN 1,261,215 44,539,387 $ 366,113,761

BREAGH 1,073,796 37,920,748 $ 311,708,549

SEAN 1,026,774 36,260,182 $ 298,058,696

LENNOX 924,130 32,635,343 $ 268,262,519

JURA 880,337 31,088,808 $ 255,550,002

LEMAN {SHELL} 795,660 28,098,468 $ 230,969,407

STARLING 778,246 27,483,498 $ 225,914,354

BRUCE 699,443 24,700,596 $ 203,038,899

JADE 698,155 24,655,111 $ 202,665,012

EVEREST 644,005 22,742,822 $ 186,945,997

BERYL 640,555 22,620,986 $ 185,944,505

WINGATE 614,736 21,709,197 $ 178,449,599

CHISWICK 604,030 21,331,118 $ 175,341,790

CLIPPER SOUTH 586,699 20,719,080 $ 170,310,838

BARQUE 536,924 18,961,292 $ 155,861,820

BABBAGE 526,863 18,605,991 $ 152,941,246

DEVENICK 522,970 18,468,511 $ 151,811,160

ALWYN NORTH 496,236 17,524,409 $ 144,050,642

JUDY 480,574 16,971,311 $ 139,504,176

JULIET 456,570 16,123,617 $ 132,536,132

ROCHELLE 441,757 15,600,501 $ 128,236,118

CARRACK 431,983 15,255,336 $ 125,398,862

GALLEON 427,469 15,095,925 $ 124,088,504

BRAE EAST 408,151 14,413,717 $ 118,480,754

WEST SOLE 401,220 14,168,951 $ 116,468,777

ERIS 380,293 13,429,921 $ 110,393,951

MERGANSER 376,864 13,308,827 $ 109,398,558

STATFJORD 371,824 13,130,834 $ 107,935,455

CARAVEL 368,202 13,002,931 $ 106,884,093

LEMAN PERENCO 360,040 12,714,693 $ 104,514,776

DUNBAR 344,852 12,178,333 $ 100,105,897

INDE PERENCO 336,535 11,884,621 $ 97,691,585

SATURN ATLAS HYPERION RHEA 322,335 11,383,153 $ 93,569,518

SCOTER 322,019 11,371,994 $ 93,477,791

NEVIS 318,962 11,264,037 $ 92,590,384

BUZZARD 318,208 11,237,409 $ 92,371,502

TELFORD 301,735 10,655,671 $ 87,589,616

RAVENSPURN SOUTH 301,155 10,635,188 $ 87,421,245

ELGIN 290,695 10,265,797 $ 84,384,851

FLEMING 288,460 10,186,869 $ 83,736,063

RHYL 283,067 9,996,417 $ 82,170,548

28

RAVENSPURN NORTH 283,047 9,995,710 $ 82,164,736

YORK 269,641 9,522,282 $ 78,273,158

CALDER 267,370 9,442,082 $ 77,613,914

BRENT 267,253 9,437,951 $ 77,579,957

CURLEW 261,374 9,230,336 $ 75,873,362

GRANT 247,685 8,746,913 $ 71,899,625

BOULTON 244,563 8,636,661 $ 70,993,353

JOANNE 240,807 8,504,019 $ 69,903,036

MINERVA 239,371 8,453,307 $ 69,486,184

HUMBLY GROVE 235,428 8,314,061 $ 68,341,581

ISLAY 231,063 8,159,913 $ 67,074,485

BANFF 226,575 8,001,421 $ 65,771,681

BRAEMAR 223,409 7,889,614 $ 64,852,627

HEWETT 218,521 7,716,996 $ 63,433,707

CLIPPER 217,636 7,685,743 $ 63,176,807

BRODGAR 208,377 7,358,764 $ 60,489,040

MAGNUS 207,780 7,337,681 $ 60,315,738

KETCH 206,629 7,297,034 $ 59,981,619

MURDOCHK 201,376 7,111,526 $ 58,456,744

SKENE 199,123 7,031,962 $ 57,802,728

LOMOND 198,586 7,012,998 $ 57,646,844

LEMAN SOUTH 192,763 6,807,361 $ 55,956,507

PENGUIN EAST 192,639 6,802,982 $ 55,920,512

MORECAMBE NORTH 183,026 6,463,502 $ 53,129,986

CERES 181,721 6,417,417 $ 52,751,168

KEW 175,431 6,195,287 $ 50,925,259

RITA 169,840 5,997,843 $ 49,302,269

GROVE 164,401 5,805,767 $ 47,723,405

JOHNSTON 161,555 5,705,261 $ 46,897,245

MACHAR 157,844 5,574,208 $ 45,819,990

ERSKINE 157,604 5,565,733 $ 45,750,325

CUTTER 157,416 5,559,094 $ 45,695,753

FORVIE 156,436 5,524,485 $ 45,411,267

VICTOR 153,941 5,436,375 $ 44,687,003

FOINAVEN 152,277 5,377,612 $ 44,203,971

MURDOCH 146,050 5,157,707 $ 42,396,352

ELLON 139,052 4,910,575 $ 40,364,927

KATY 138,544 4,892,635 $ 40,217,460

AMETHYST E 138,051 4,875,225 $ 40,074,350

WHITTLE 137,363 4,850,929 $ 39,874,636

APOLLO 135,651 4,790,470 $ 39,377,663

SKIFF 131,700 4,650,942 $ 38,230,743

ORCA 128,715 4,545,527 $ 37,364,232

KINGFISHER 127,892 4,516,463 $ 37,125,326

SCHOONER 126,591 4,470,519 $ 36,747,666

NEPTUNE 124,647 4,401,867 $ 36,183,347

KILMAR 119,384 4,216,006 $ 34,655,569

FORTIES 119,134 4,207,178 $ 34,583,003

VULCAN 117,213 4,139,338 $ 34,025,358

MILLOM 116,819 4,125,424 $ 33,910,985

BRAE NORTH 112,633 3,977,597 $ 32,695,847

CAVENDISH 106,526 3,761,930 $ 30,923,065

29

ENSIGN 105,398 3,722,095 $ 30,595,621

HUNTINGTON 103,562 3,657,258 $ 30,062,661

VIKINGB 100,761 3,558,341 $ 29,249,563

HAMILTON 99,102 3,499,754 $ 28,767,978

MUNGO 96,217 3,397,871 $ 27,930,500

RHUM 92,194 3,255,800 $ 26,762,676

STRATHSPEY 87,744 3,098,650 $ 25,470,903

SCOTT 84,327 2,977,980 $ 24,478,996

CAISTER CARBONIFEROUS 81,710 2,885,561 $ 23,719,311

MALORY 79,872 2,820,653 $ 23,185,768

NINIAN 77,290 2,729,471 $ 22,436,252

HOTON 74,341 2,625,328 $ 21,580,196

SEVEN SEAS 73,651 2,600,961 $ 21,379,899

SALTFLEETBY 71,947 2,540,784 $ 20,885,244

VALIANT NORTH 69,915 2,469,025 $ 20,295,386

HYDE 69,234 2,444,976 $ 20,097,703

BRAE SOUTH 68,476 2,418,207 $ 19,877,662

LANCELOT 67,987 2,400,938 $ 19,735,710

ANNABEL 66,492 2,348,143 $ 19,301,735

ALBA 65,278 2,305,271 $ 18,949,328

GRYPHON 65,124 2,299,832 $ 18,904,619

COOK 64,241 2,268,650 $ 18,648,303

HARDING 61,985 2,188,980 $ 17,993,416

TRENT 59,253 2,092,500 $ 17,200,350

PICKERILL 58,840 2,077,915 $ 17,080,461

EXCALIBUR 58,721 2,073,713 $ 17,045,921

MACLURE 57,304 2,023,672 $ 16,634,584

CLAIR 54,933 1,939,941 $ 15,946,315

MARIA 54,655 1,930,123 $ 15,865,611

CAPTAIN 53,453 1,887,675 $ 15,516,689

CALLANISH 53,292 1,881,989 $ 15,469,950

DRAKE 53,274 1,881,354 $ 15,464,730

NUGGETS 53,109 1,875,527 $ 15,416,832

MCADAM 52,994 1,871,465 $ 15,383,442

VALIANT SOUTH 51,712 1,826,192 $ 15,011,298

MIRREN 51,678 1,824,991 $ 15,001,426

INDE SOUTH WEST 50,393 1,779,612 $ 14,628,411

MIMAS 50,136 1,770,536 $ 14,553,806

SEYMOUR 48,937 1,728,194 $ 14,205,755

BELL 47,257 1,668,865 $ 13,718,070

BAIRD 46,523 1,642,944 $ 13,505,000

VICTORIA 46,166 1,630,337 $ 13,401,370

BALLOCH 45,787 1,616,953 $ 13,291,354

MADOES 45,254 1,598,130 $ 13,136,629

HUNTER 44,458 1,570,019 $ 12,905,556

WENLOCK 43,134 1,523,263 $ 12,521,222

MARNOCK 43,109 1,522,380 $ 12,513,964

MUNRO 42,844 1,513,022 $ 12,437,041

CORMORANT SOUTH 41,741 1,474,070 $ 12,116,855

DOUGLAS 41,656 1,471,068 $ 12,092,179

BLAKE 41,257 1,456,977 $ 11,976,351

NEWSHAM 40,313 1,423,640 $ 11,702,321

30

CHESTNUT 40,004 1,412,728 $ 11,612,624

ETTRICK 38,339 1,353,929 $ 11,129,296

PENGUIN WEST 37,568 1,326,701 $ 10,905,482

NELSON 35,996 1,271,187 $ 10,449,157

AFFLECK 35,965 1,270,092 $ 10,440,156

THISTLE 34,499 1,218,304 $ 10,014,459

GANNET A 34,370 1,213,765 $ 9,977,148

PIPER 34,105 1,204,407 $ 9,900,226

HOWE 31,254 1,103,725 $ 9,072,620

AMETHYST W 30,924 1,092,071 $ 8,976,824

HERON 29,909 1,056,226 $ 8,682,178

SEAN EAST 29,869 1,054,814 $ 8,670,571

HAMILTON NORTH 28,553 1,008,340 $ 8,288,555

WYTCH FARM 27,876 984,432 $ 8,092,031

THELMA 27,833 982,913 $ 8,079,545

TERN 27,311 964,479 $ 7,928,017

CORMORANT NORTH 27,190 960,206 $ 7,892,893

BRAE CENTRAL 24,216 855,180 $ 7,029,580

BITTERN 23,941 845,468 $ 6,949,747

FULMAR 23,710 837,311 $ 6,882,696

SHAMROCK 23,580 832,720 $ 6,844,958

MERCURY 23,083 815,168 $ 6,700,681

ANGLIA 22,522 795,357 $ 6,537,835

VIXEN 22,319 788,188 $ 6,478,905

OTTER 22,143 781,973 $ 6,427,818

TWEEDSMUIR SOUTH 21,629 763,821 $ 6,278,609

WEST BRAE 20,722 731,791 $ 6,015,322

BACCHUS 20,681 730,343 $ 6,003,419

JANICE 20,391 720,101 $ 5,919,230

VANGUARD 20,339 718,265 $ 5,904,138

MARKHAM 20,132 710,952 $ 5,844,025

GALAHAD 19,410 685,458 $ 5,634,465

DON SOUTH WEST 19,046 672,603 $ 5,528,797

GARROW 18,981 670,308 $ 5,509,932

ORION 18,908 667,730 $ 5,488,741

DAVY 18,077 638,383 $ 5,247,508

ANDREW 17,725 625,952 $ 5,145,325

BROOM 17,652 623,374 $ 5,124,134

MACCULLOCH 16,630 587,283 $ 4,827,466

CLEETON 16,302 575,700 $ 4,732,254

LOCHRANZA 15,986 564,540 $ 4,640,519

BOA 15,549 549,108 $ 4,513,668

BEINN 15,293 540,067 $ 4,439,351

ATHENA 14,723 519,938 $ 4,273,890

HEATHER {AND EXT} 13,744 485,365 $ 3,989,700

BRENDA 13,684 483,246 $ 3,972,282

BLACKBIRD 13,437 474,523 $ 3,900,579

KYLE 13,372 472,228 $ 3,881,714

MORDRED 12,692 448,214 $ 3,684,319

GUILLEMOT NW 12,686 448,002 $ 3,682,576

GUILLEMOT A 12,477 440,621 $ 3,621,905

BUCKLAND 11,449 404,318 $ 3,323,494

31

TETHYS 10,502 370,875 $ 3,048,593

DUNLIN 10,179 359,468 $ 2,954,827

TYNE NORTH 9,773 345,130 $ 2,836,969

AUDREY 9,644 340,575 $ 2,799,527

DAVY EAST 9,399 331,923 $ 2,728,407

KEITH 9,381 331,287 $ 2,723,179

BLANE 9,349 330,150 $ 2,713,833

WEST DON 9,341 329,874 $ 2,711,564

WINDERMERE 9,280 327,720 $ 2,693,858

WAVENEY 9,270 327,367 $ 2,690,957

BOYLE 9,116 321,929 $ 2,646,256

CLAYMORE 8,135 287,285 $ 2,361,483

TULLICH 8,077 285,237 $ 2,344,648

DALTON 7,883 278,386 $ 2,288,333

WOOD 7,444 262,882 $ 2,160,890

GUILLEMOT W 7,364 260,057 $ 2,137,669

AUK NORTH 7,059 249,286 $ 2,049,131

BUCHAN 6,954 245,578 $ 2,018,651

HUDSON 6,709 236,926 $ 1,947,532

CLYDE 6,512 229,969 $ 1,890,345

GROUSE 6,486 229,051 $ 1,882,799

SINGLETON 6,460 228,133 $ 1,875,253

BOULTONH 6,261 221,105 $ 1,817,483

LYBSTER 6,181 218,280 $ 1,794,262

MALLARD 5,847 206,485 $ 1,697,307

EIDER 5,759 203,377 $ 1,671,759

HAWKINS 5,519 194,902 $ 1,602,094

TWEEDSMUIR 5,361 189,322 $ 1,556,227

NICOL 5,020 177,280 $ 1,457,242

GANNET F 4,944 174,596 $ 1,435,179

DONAN {MAERSK} 4,940 174,454 $ 1,434,012

PICT 4,890 172,689 $ 1,419,504

PICKERING 4,813 169,969 $ 1,397,145

LYELL 4,533 160,081 $ 1,315,866

DELILAH 4,387 154,925 $ 1,273,484

TIFFANY 4,277 151,041 $ 1,241,557

BARDOLINO 4,033 142,424 $ 1,170,725

GUINEVERE 3,944 139,281 $ 1,144,890

AUK 3,927 138,681 $ 1,139,958

CORMORANT EAST 3,821 134,937 $ 1,109,182

TYNE SOUTH 3,755 132,607 $ 1,090,030

OSPREY 3,722 131,441 $ 1,080,445

SALTIRE 3,718 131,300 $ 1,079,286

YARE 3,571 126,109 $ 1,036,616

GOLDEN EAGLE 3,473 122,648 $ 1,008,167

MAULE 3,465 122,365 $ 1,005,840

BARQUE SOUTH 3,443 121,588 $ 999,453

MURCHISON 3,343 118,059 $ 970,445

BROWN 3,050 107,710 $ 885,376

COLUMBA BD 2,859 100,965 $ 829,932

CAUSEWAY 2,580 91,112 $ 748,941

KIRBY MISPERTON 2,543 89,805 $ 738,197

32

FALCON 2,518 88,922 $ 730,939

BURE WEST 2,512 88,710 $ 729,196

GANNET D 2,441 86,203 $ 708,589

DEVERON 2,430 85,831 $ 705,531

SAXON 2,367 83,590 $ 687,110

TONTO 2,207 77,939 $ 640,659

BEATRICE 2,187 77,233 $ 634,855

VISCOUNT 2,146 75,785 $ 622,953

GOOSANDER 2,070 73,101 $ 600,890

BIRCH 2,034 71,830 $ 590,443

BURGHLEY 1,734 61,236 $ 503,360

NESS 1,475 52,089 $ 428,172

PIERCE 1,452 51,277 $ 421,497

COLUMBA E 1,445 51,030 $ 419,467

CLAPHAM 1,324 46,757 $ 384,343

TEAL 1,316 46,474 $ 382,016

WELTON 1,214 42,872 $ 352,408

SYCAMORE 1,151 40,647 $ 334,118

FIONN 1,024 36,162 $ 297,252

BALMORAL 950 33,549 $ 275,773

BLETCHINGLEY 944 33,337 $ 274,030

JAMES 936 33,055 $ 271,712

ROSS 782 27,616 $ 227,004

BURE 750 26,486 $ 217,715

VALKYRIE 685 24,191 $ 198,850

GANYMEDE 659 23,272 $ 191,296

MERLIN 624 22,036 $ 181,136

DUNLIN SOUTH WEST 621 21,930 $ 180,265

CONRIE 573 20,235 $ 166,332

DOUGLAS WEST 563 19,882 $ 163,430

PELICAN 535 18,893 $ 155,300

KEDDINGTON 516 18,222 $ 149,785

THAMES 409 14,444 $ 118,730

WENSUM 368 12,996 $ 106,827

NETHAN 363 12,819 $ 105,372

LEVEN 340 12,007 $ 98,698

MEDWIN 326 11,513 $ 94,637

STORRINGTON 315 11,124 $ 91,439

LARCH 298 10,524 $ 86,507

MONTROSE 274 9,676 $ 79,537

KINNOULL 273 9,641 $ 79,249

MARISHES 266 9,394 $ 77,219

HORNDEAN 249 8,793 $ 72,278

STIRLING 237 8,370 $ 68,801

GAINSBOROUGH 233 8,228 $ 67,634

PALMERS WOOD 231 8,158 $ 67,059

PLAYFAIR 222 7,840 $ 64,445

JACKY 196 6,922 $ 56,899

COLD HANWORTH 169 5,968 $ 49,057

SCAMPTON NORTH 153 5,403 $ 44,413

CROSBY WARREN 150 5,297 $ 43,541

REMPSTONE 137 4,838 $ 39,768

33

CHANTER 128 4,520 $ 37,154

EUROPA 127 4,485 $ 36,867

STOCKBRIDGE 98 3,461 $ 28,449

CURLEW C 89 3,143 $ 25,835

BECKINGHAM 71 2,507 $ 20,608

LONG CLAWSON 62 2,190 $ 18,002

DOE GREEN 58 2,048 $ 16,835

GLENTWORTH 37 1,307 $ 10,744

EAST GLENTWORTH 34 1,201 $ 9,872

KITTIWAKE 31 1,095 $ 9,001

CORRINGHAM 25 883 $ 7,258

BOTHAMSALL 17 600 $ 4,932

AVINGTON 13 459 $ 3,773

CAISTER BUNTER 13 459 $ 3,773

WEST BECKINGHAM 11 388 $ 3,189

GAWAIN 5 177 $ 1,455

SCAPA 5 177 $ 1,455

TOPAZ 4 141 $ 1,159

HELVELLYN 3 106 $ 871

SOUTH LEVERTON 3 106 $ 871

SCAMPTON 2 71 $ 584

STAINTON 2 71 $ 584

KESTREL 1 35 $ 288

WADDOCK CROSS 1 35 $ 288

43,322,569 1,529,922,075 $12,575,959,464

34

2,3

88

2,0

40

1,6

18

1,4

04

1,2

61

1,0

74

1,0

27

92

4

88

0

79

6

77

8

69

9

69

8

64

4

64

1

61

5

60

4

58

7

53

7

52

7

UKCS Gas Output by Field Top 20 Annual Total (MMCuM) 2014

Source: DECCAnnual Dry+Associated Gas Prodn sorted by field https://itportal.decc.gov.uk/pprs/full_production.htm

35

3,1

47

1,8

72

1,6

22

1,2

11

1,0

85

99

8

98

4

92

5

88

3

84

1

77

3

72

2

71

1

64

4

62

3

62

3

60

6

60

4

57

2

51

4

UKCS Gas Output by Field Top 20 Annual Total (MMCuM) 2013

Source: DECCAnnual Dry+Associated Gas Prodn sorted by field https://www.og.decc.gov.uk/pprs/full_production.htm

36

3,0

74

2,7

13

2,0

88

2,0

07

1,7

22

1,5

66

1,4

95

1,4

61

1,3

82

1,2

06

1,0

92

1,0

74

96

1

96

0

94

1

83

0

80

6

80

6

79

2

73

9

UKCS Gas Output by Field Top 20 Annual Total (MMCuM) 2009

37

Gas Production by Company (Million Cubic Metres)

Equity Holder Total

MMm3 MM BTUs Value $

CENTRICA 6,859 242,223,299 $ 1,991,075,518

TOTAL E&P UK LTD 3,576 126,285,248 $ 1,038,064,739

CONOCOPHILLIPS 3,328 117,527,211 $ 966,073,674

ESSO E & P UK LIMITED 3,308 116,820,917 $ 960,267,938

SHELL U.K. LIMITED 2,997 105,838,056 $ 869,988,820

PERENCO UK LIMITED 2,900 102,412,533 $ 841,831,021

BG INTERNATIONAL LIMITED 2,603 91,924,077 $ 755,615,913

ENI UK LIMITED 2,095 73,984,227 $ 608,150,346

RWE DEA UK SNS LIMITED 1,378 48,663,611 $ 400,014,882

BP EXPLORATION 1,231 43,472,355 $ 357,342,758

TAQA BRATANI LIMITED 1,060 37,433,547 $ 307,703,756

SSE E&P UK LIMITED 1,008 35,597,184 $ 292,608,852

CHEVRON NORTH SEA LIMITED 939 33,160,472 $ 272,579,080

APACHE 865 30,547,187 $ 251,097,877

E.ON E&P UK LIMITED 833 29,417,117 $ 241,808,702

NEXEN PETROLEUM U.K. LIMITED 641 22,636,701 $ 186,073,682

GDF SUEZ E&P UK LTD 601 21,224,115 $ 174,462,225

LIVERPOOL BAY LIMITED 504 17,798,592 $ 146,304,426

DANA PETROLEUM (E&P) LIMITED 479 16,915,725 $ 139,047,260

ENTERPRISE OIL LIMITED 446 15,750,341 $ 129,467,803

BURLINGTON RESOURCES (IRISH SEA) LIMITED 392 13,843,349 $ 113,792,329

CNR INTERNATIONAL (U.K.) LIMITED 381 13,454,888 $ 110,599,179

MARATHON OIL U.K. LLC 345 12,183,560 $ 100,148,863

STERLING RESOURCES LTD 322 11,371,323 $ 93,472,275

Wintershall Noordzee 304 10,735,659 $ 88,247,117

MAERSK OIL UK LIMITED 247 8,722,723 $ 71,700,783

TULLOW OIL SK LIMITED 245 8,652,093 $ 71,120,204

HUMBLY GROVE ENERGY LIMITED 235 8,298,947 $ 68,217,344

ENDEAVOUR ENERGY UK LIMITED 218 7,698,597 $ 63,282,467

BAYERNGAS EUROPE LIMITED 215 7,592,653 $ 62,411,608

FAROE PETROLEUM (U.K.) LIMITED 210 7,416,080 $ 60,960,178

FIRST OIL EXPRO LIMITED 168 5,932,864 $ 48,768,142

TALISMAN SINOPEC N SEA LIMITED 168 5,932,864 $ 48,768,142

FAIRFIELD ACER LIMITED 157 5,544,403 $ 45,574,993

MITSUI E&P UK LIMITED 154 5,438,459 $ 44,704,133

PREMIER OIL UK LIMITED 130 4,590,907 $ 37,737,256

EDISON E&P UK LTD 129 4,555,592 $ 37,446,966

Gazprom Germania 123 4,343,704 $ 35,705,247

BOWLAND RESOURCES LIMITED 121 4,273,075 $ 35,124,677

BHP BILLITON PETROLEUM GREAT BRITAIN LIMITED 115 4,061,187 $ 33,382,957

HANSA HYDROCARBONS LIMITED 108 3,813,984 $ 31,350,948

JX NIPPON E & P (U.K.) LIMITED 98 3,460,837 $ 28,448,080

SUNCOR ENERGY UK LIMITED 96 3,390,208 $ 27,867,510

MOL OPERATIONS UK LTD 95 3,354,893 $ 27,577,220

Gas-Union 92 3,248,949 $ 26,706,361

ENQUEST HEATHER LIMITED 82 2,895,803 $ 23,803,501

NSGP (ENSIGN) LIMITED 79 2,789,859 $ 22,932,641

WINGAS STORAGE UK LIMITED 72 2,542,656 $ 20,900,632

38

ITHACA ENERGY (UK) LIMITED 64 2,260,139 $ 18,578,343

SOJITZ ENERGY PROJECT LIMITED 62 2,189,509 $ 17,997,764

OMV (U.K.) LIMITED 47 1,659,789 $ 13,643,466

IRANIAN OIL COMPANY (U.K.) LIMITED 46 1,624,475 $ 13,353,185

MARUBENI OIL & GAS (U.K.) LIMITED 39 1,377,272 $ 11,321,176

DYAS UK LIMITED 37 1,306,643 $ 10,740,605

VERUS PETROLEUM (SNS) LIMITED 35 1,236,013 $ 10,160,027

SUMMIT EXPLORATION AND PRODUCTION LIMITED 34 1,200,699 $ 9,869,746

ALPHA PETROLEUM RESOURCES LIMITED 32 1,130,069 $ 9,289,167

IONA ENERGY COMPANY (UK) PLC 30 1,059,440 $ 8,708,597

NORECO OIL (UK) LIMITED 21 741,608 $ 6,096,018

TRANSWORLD PETROLEUM (U.K.) LIMITED 18 635,664 $ 5,225,158

EDINBURGH OIL & GAS LIMITED 17 600,349 $ 4,934,869

IGAS ENERGY plc 16 565,035 $ 4,644,588

IDEMITSU PETROLEUM UK LTD. 12 423,776 $ 3,483,439

STATOIL (U.K.) LIMITED 11 388,461 $ 3,193,149

ATLANTIC PETROLEUM NORTH SEA LIMITED 10 353,147 $ 2,902,868

CALENERGY GAS LIMITED 8 282,517 $ 2,322,290

THIRD ENERGY UK GAS LIMITED 8 282,517 $ 2,322,290

MCX DUNLIN (UK) LIMITED 5 176,573 $ 1,451,430

NOBLE ENERGY (OILEX) LIMITED 4 141,259 $ 1,161,149

PARKMEAD (E&P) LIMITED 3 105,944 $ 870,860

SPIKE EXPLORATION UK LTD 2 70,629 $ 580,570

TRAP OIL LTD 2 70,629 $ 580,570

CIECO E&P (UK) LIMITED 2 70,629 $ 580,570

Valiant Causeway Limited 2 70,629 $ 580,570

EUROIL EXPLORATION LIMITED 2 70,629 $ 580,570

ZEUS PETROLEUM LIMITED 1 35,315 $ 290,289

ROC OIL (GB) LIMITED 1 35,315 $ 290,289

RIGEL PETROLEUM (NI) LIMITED 1 35,315 $ 290,289

Antrim Resources Limited 1 35,315 $ 290,289

EQ PETROLEUM SABAH LTD 1 35,315 $ 290,289

43,326 1,530,043,249 12,576,955,504

39

6,8

59

3,5

76

3,3

28

3,3

08

2,9

97

2,9

00

2,6

03

2,0

95

1,3

78

1,2

31

1,0

60

1,0

08

93

9

86

5

83

3

64

1

60

1

50

4

47

9

44

6

UKCS Gas Output by Company Top 20 Annual Total (MMCuM) 2014

Source: Adapted from DECCAnnual Dry+Associated Gas Prodn sorted by field https://itportal.decc.gov.uk/pprs/full_production.htm

40

8,4

10

4,3

57

3,2

74

3,3

70

3,0

96

2,8

76

2,5

22

1,4

21

1,2

50

1,1

67

1,1

67

98

0

81

3

67

2

55

4

54

6

52

9

47

5

43

9

UKCS Gas Output by Company Top 20 Annual Total (MMCuM) 2013

Source: DECCAnnual Dry+Associated Gas Prodn sorted by field https://www.og.decc.gov.uk/pprs/full_production.htm

41

6,6

89

6,2

75

5,8

22

5,3

59

5,2

03

4,7

66

4,0

07

2,8

45

2,0

51

1,9

08

1,3

74

1,1

18

99

9

88

3

83

3

82

2

78

4

74

1

UKCS Gas Output by Company Top 20 Annual Total (MMCuM) 2009

42

Change in Annual UK Gas Production (MMCuM) Co Total

Equity Holder (2014v2013)

RWE DEA UK SNS LIMITED 831

ENI UK LIMITED 674

LIVERPOOL BAY LIMITED 504

CONOCOPHILLIPS 452

STERLING RESOURCES LTD 310

E.ON E&P UK LIMITED 305

GDF SUEZ E&P UK LTD 241

FAROE PETROLEUM (U.K.) LIMITED 201

BURLINGTON RESOURCES (IRISH SEA) LIMITED 199

NEXEN PETROLEUM U.K. LIMITED 165

ENDEAVOUR ENERGY UK LIMITED 154

CNR INTERNATIONAL (U.K.) LIMITED 153

HUMBLY GROVE ENERGY LIMITED 144

EDISON E&P UK LTD 129

FIRST OIL EXPRO LIMITED 123

BAYERNGAS EUROPE LIMITED 110

WINTERSHALL NOORDZEE 100

MOL OPERATIONS UK LTD 95

DANA PETROLEUM (E&P) LIMITED 93

HANSA HYDROCARBONS LIMITED 84

BG INTERNATIONAL LIMITED 81

FAIRFIELD ACER LIMITED 80

MAERSK OIL UK LIMITED 65

APACHE 52

IRANIAN OIL COMPANY (U.K.) LIMITED 46

GAZPROM GERMANIA 43

PREMIER OIL UK LIMITED 42

VERUS PETROLEUM (SNS) LIMITED 35

ALPHA PETROLEUM RESOURCES LIMITED 32

Gas-Union 32

WINGAS STORAGE UK LIMITED 13

ENQUEST HEATHER LIMITED 11

IGAS ENERGY plc 9

THIRD ENERGY UK GAS LIMITED 8

ENTERPRISE OIL LIMITED 7

NORECO OIL (UK) LIMITED 7

DYAS UK LIMITED 6

PARKMEAD (E&P) LIMITED 3

ITHACA ENERGY (UK) LIMITED 3

NOBLE ENERGY (OILEX) LIMITED 2

MCX DUNLIN (UK) LIMITED 1

RIGEL PETROLEUM (NI) LIMITED 1

EQ PETROLEUM SABAH LTD 1

43

Valiant Causeway Limited 0

Antrim Resources Limited 0

CIECO EXPLORATION AND PRODUCTION (UK) LIMITED 0

ECORP OIL & GAS UK LIMITED 0

EUROPA OIL & GAS LIMITED 0

UKOG (GB) LIMITED 0

NIPPON OIL 0

ROC OIL (GB) LIMITED 0

ANGUS ENERGY WEALD BASIN NO.3 LIMITED 0

AURORA EXPLORATION 0

BLACKLAND PARK EXPLORATION LIMITED 0

BRITANNIA OPERATOR LIMITED 0

BROCKHAM CAPITAL LIMITED 0

CAIRN ENERGY plc 0

CAYTHORPE GAS STORAGE LIMITED 0

CIRQUE ENERGY (UK) LIMITED 0

CUADRILLA ELSWICK LIMITED 0

DONG E&P Norge AS 0

DORIEMUS PLC 0

DORSET EXPLORATION 0

ELSWICK ENERGY LIMITED 0

IS E&P Limited 0

MONTROSE INDUSTRIES LIMITED 0

MOSAIC (TRISTAN) LIMITED 0

NAUTICAL PETROLEUM AG 0

NOIL Energy ASA 0

ONSHORE PRODUCTION SERVICES LIMITED 0

SCOTTISHPOWER GENERATION LIMITED 0

SEVEN STAR NATURAL GAS LIMITED 0

UK OIL & GAS INVESTMENTS plc 0

WARWICK ENERGY LIMITED 0

YORKSHIRE EXPLORATION LIMITED 0

ORANJE-NASSAU ENERGIE HANZE (UK) LIMITED 0

ALTWOOD PETROLEUM LIMITED 0

NORTHERN PETROLEUM (UK) LIMITED 0

ELSWICK POWER LIMITED 0

ALBA RESOURCES LIMITED 0

TERRAIN ENERGY LIMITED 0

DART ENERGY LIMITED 0

MITSUI E&P UK LIMITED 0

ZEUS PETROLEUM LIMITED 0

EUROIL EXPLORATION LIMITED 0

SPIKE EXPLORATION UK LTD 0

TRAP OIL LTD 0

EGDON RESOURCES U.K. LIMITED -1

TRANSWORLD PETROLEUM (U.K.) LIMITED -1

CALENERGY GAS LIMITED -2

STAR ENERGY OIL & GAS LIMITED -2

44

OMV (U.K.) LIMITED -3

IDEMITSU PETROLEUM UK LTD. -4

EDINBURGH OIL & GAS LIMITED -4

EOG RESOURCES UNITED KINGDOM LIMITED -7

ATLANTIC PETROLEUM NORTH SEA LIMITED -9

SUMMIT EXPLORATION AND PRODUCTION LIMITED -10

IONA ENERGY COMPANY (UK) PLC -13

SOJITZ ENERGY PROJECT LIMITED -14

BP EXPLORATION -19

JX NIPPON EXPLORATION AND PRODUCTION (U.K.) LIMITED -22

MARUBENI OIL & GAS (U.K.) LIMITED -23

SUNCOR ENERGY UK LIMITED -23

BRIDGE ENERGY (SNS) LIMITED -25

NSGP (ENSIGN) LIMITED -33

STATOIL (U.K.) LIMITED -35

CHEVRON NORTH SEA LIMITED -41

BOWLAND RESOURCES LIMITED -47

ESSO E & P UK LIMITED -62

TALISMAN SINOPEC N SEA LIMITED -68

MARATHON OIL U.K. LLC -69

SHELL U.K. LIMITED -99

TAQA BRATANI LIMITED -107

SSE E&P UK LIMITED -159

TULLOW OIL SK LIMITED -310

PERENCO UK LIMITED -374

BHP BILLITON PETROLEUM GREAT BRITAIN LIMITED -557

TOTAL E&P UK LTD -781

CENTRICA -1,551

45

83

1

674

504

452

310

305

241

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165

154

153

144

129

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UKCS Gas Output by Company Production Change in MMCuM 2014v2013

Source: DECCAnnual Dry+Associated Gas Prodn sorted by field https://itportal.decc.gov.uk/pprs/full_production.htm

46

47

5) New Fields 2014

The following fields were brought into production in 2014:

GOLDEN EAGLE (Nexen) KINNOULL (BP) JULIET (GDF Suez) KEW (Centrica)

6) Field Development Pipeline

The following fields (both new and existing) are being worked on at present to commence or extend

their field life. An estimated production level is given for each field when production (re)commences

Field Operator Start Date

Production Level Oil

Production Level Gas

Tonnes/Yr MMCuM/Yr

Enochdhu ConocoPhillips 2015 496,400

Alma EnQuest 2015 827,333

Galia EnQuest 2015 165,467

Conwy EOG Resources 2015 992,800

Peregrine Nexen 2015

Solan Premier Oil 2015 1,191,360

Godwin Talisman Sinopec 2015 372,300

Morrone Taqa Global 2015 148,920

West Franklin Total 2015 1,985,600 Cygnus GDF Suez E&P 2015 2,555

Solitaire Nexen 2015

Cladhan Taqa Global 2015 843,880

Schiehallion BP 2016 6,453,200 913

Loyal BP 2016

Stella Ithaca 2016 1,489,200 Harrier Ithaca 2016 1,489,200 Clair BP 2016 2,978,400

Clair Ridge BP 2016 5,956,800 441

Flyndre Maersk Group 2016 496,400

Platypus Dana Petroleum 2016 276

Cayley Talisman Sinopec 2016

1,045

Shaw Talisman Sinopec 2016 893,520

Orlando Iona Energy 2016 546,040 Alder Chevron 2016 694,960 1,124

Catcher Premier Oil 2017 2,482,000

48

Kraken EnQuest 2017 853,188

Kraken North EnQuest 2017 853,188

Cawdor Maersk Group 2017 248,200

Mariner Statoil 2017 2,730,200

Barra Dana Petroleum 2017 992,800 Harris Dana Petroleum 2017 992,800 Arran Dana Petroleum 2018 912

Mariner East Statoil 2019 1,042,440 Culzean Maersk 2019

2,555

Darwin Taqa Global 2020

Fyne Antrim Resources ? 198,560 Cheviot ATP Oil & Gas ? 1,241,000 511

Ptarmigan Premier Oil ? Deborah ENI UK Limited ?

Vulcan East Verus Petroleum ?

Bentley Xcite Energy ?

Phoenix Chrysaor Holdings ?

Caledonia Premier Oil ?

Columbus Serica Energy ?

Lancaster Hurricane Energy ? 496,400 Rosebank Chevron ?

Bressay Statoil N/A

Fram Shell E&P N/A

39,159,756 8,846

Enochdhu has been developed by ConocoPhillips (Operator) and Chevron and is expected to produce

at an initial (peak) rate of 10,000boe per day. Production commenced in July 2015:

http://www.conocophillips.com/investor-

relations/Investor%20Presentation%20Documents/2Q15%20Earnings%20Call_FINAL_07-30-

2015.pdf

EnQuest is developing the Alma and Galia Fields. EnQuest expects initial gross peak production from

the Alma-Galia project of about 20,000 boe/d. The FPSO is on location & riser pull-in underway:

http://www.enquest.com/media-centre/press-releases/2015/15-05-2015-ims.aspx

EOG’s Conwy field is situated in the Liverpool Bay area and will tie back to the Douglas platform.

First production is anticipated in third quarter 2015. Info from 2014 Annual Report p12.

http://www.eogresources.com/home/index.html

Nexen has two Golden Eagle wells in production. Further wells, including Peregrine which is

expected to come onstream in 2015 will take production to a peak of 70,000 barrels per day:

http://www.maerskoil.com/media/newsroom/pages/goldeneaglefirstoil.aspx

Premier Oil has developed the Solan Field and will commence at 24,000boe p/d output. Premier has

bought out co-venturer Chrysaor’s 40% with payment to be made from future production:

http://www.premier-oil.com/premieroil/AR2013/project_studies/solan.html http://www.heraldscotland.com/business/company-news/premier-oil-increases-exposure-to-giant-

field-west-of-shetland.127851542

http://www.premier-oil.com/premieroil/media/press/solan-update

49

Talisman Sinopec has developed the Godwin Field output (2Q 2015) is expected to be 7,500bpd:

http://articles.chicagotribune.com/2013-04-04/news/sns-rt-factboxn-sea-outputl5n0cq1at-

20130404_1_boe-barrels-gas-energy http://www.talisman-

energy.com/upload/media_element/20141210204256/December%20Corporate%20presentation_exter

nal_.pdf

Taqa Global has developed the Morrone field, expected to produce 3,000 boepd with first oil expected

in the 3rd quarter of 2014 – there’s no sign of it yet on DECC’s list of producing fields.

http://www.taqaglobal.com/media-centre/press-releases/2013/16-12-2013?sc_lang=en

Total has developed the West Franklin Phase 2 project which will add 40,000 boe per day. Production

commenced in Jan 2015:

http://www.total.com/en/media/news/press-releases/uk-west-franklin-phase-2-brought-stream-north-

sea?%FFbw=kludge1%FF

The Cheviot Field developer ATP Oil & Gas (UK) Limited was acquired by Petroleum Equity from

its US parent when this was forced into Chapter 11 Bankruptcy. Moss Maritime's Octobuoy concept

was dropped when late and over budget, a second plan to replace this concept with an FPSO shows no

sign of progression. http://www.subseaiq.com/data/Project.aspx?project_id=1128 http://www.petroleumequity.com/news.html

GDF Suez has developed the Cygnus Field which will come onstream in 2015 and produce 5% of the

UK’s gas at peak production of 250MM Cu ft per day.

http://www.gdfsuezep.co.uk/our-operations/cygnus.aspx http://www.ogj.com/articles/2015/07/last-key-structure-sails-for-cygnus-off-uk.html

Nexen are developing the Solitaire Field which should commence production in 2015. I’ve assumed

that output for the Golden Eagle field includes Solitaire which is a satellite development.

http://www.nexencnoocltd.com/en/SearchResults.aspx?q=Solitaire%20Field%20Development

Taqa Global’s Cladhan Field will be tied back to Tern. Initial production is estimated at 17,000 bpd:

http://www.offshore-technology.com/news/newstaqa-uk-approval-cladhan-field-development http://www.offshore-mag.com/articles/2014/05/cladhan-installations-under-way-in-north-sea.html

BP are engaged in the re-development of the Schiehallion Field West of Shetland. The field is due to

re-start production in 2016. The new KBR-designed Glen Lyon FPSO has a 21,000-ton topsides

providing production capacity for 320,000 b/d of liquids and 220 MMcf/d of gas and 380,000 b/d of

produced water and seawater injection. All the pre-existing wells were suspended and will all be re-

opened for production. In addition 25 new wells (17 producers and 8 water injectors) will be drilled to

significantly increase output.

http://www.bp.com/en/global/corporate/press/press-releases/bp-and-co-venturers-approve-3-billion-

re-development-of-schiehallion-and-loyal-fields.html

http://www.offshore-mag.com/articles/print/volume-73/issue-8/north-sea/bp-looking-to-maximize-

production-from-shetland-area-fields.html

Ithaca is developing the Harrier and Stella fields as part of its Greater Stella Area project. Production

will be at an average annual rate of 30,000 boe/d. First oil will be in Q2 2016.

http://www.ogj.com/articles/2012/04/ithaca-to-develop-two-uk-north-sea-fields.html http://www.ithacaenergy.com/investor-relations/results-reports http://www.ithacaenergy.com/media/news/q2-2015-operations-update

BP are also undertaking the re-development of the Clair Field with the next phase of field life focused

on Clair Ridge. The Clair Ridge development will have the capability to produce an estimated 640

50

million barrels of oil over a 40 year period, with peak production expected to be up to 120,000 barrels

of oil per day. 36 new wells will be drilled, 26 production wells and 10 water injection wells to

maintain reservoir pressure.

http://www.offshore-mag.com/articles/print/volume-73/issue-8/north-sea/bp-looking-to-maximize-

production-from-shetland-area-fields.html

Maersk Group are developing the Flyndre Field which will commence production in 2016 with an

anticipated peak output of 10,000bpd with production tied back to the Clyde platform via Cawdor.

http://www.maerskoil.com/media/newsroom/pages/flyndreandcawdorfielddevelopmentapprovalsuppo

rtsmaerskoiluk%E2%80%99sgrowthambitions.aspx http://www.offshore-technology.com/projects/flyndrecawdor-oil-fields-development-north-sea/ http://www.offshore-mag.com/articles/2014/05/clyde-platform-to-host-north-sea-flyndre-cawdor-

development.html

Dana’s Platypus Field hoped for a 2016 start. It now looks like 2018 at the earliest, perhaps later if a

deal can’t be done to tie in to local infrastructure. Dana’s Possum Field development is also affected.

An appraisal well was drilled in April 2012, with the well flowing at a rate of 27 mmscf/d

http://www.firstoilexpro.com/assets/platypus-possum http://www.dana-petroleum.com/Media-centre/Reports-presentations/

Talisman Sinopec are bringing the Cayley (gas) and Shaw (oil) fields into production in 2016 at an

anticipated rate of 18,000 boepd for each part of the field. The jacket is complete and in situ:

http://www.talisman-sinopec.com/en/news/talisman-energy-uk-limited-sanctions-16-billion-project-

to-sustain-investm http://www.thejournal.co.uk/news/north-east-news/oil-gas-platform-jacket-starts-7267449

Iona Energy will bring the Orlando Field onstream in Q4 2016 with an output of 11,000 bpd tied back

to Ninian.

http://www.ionaenergy.com/operations/orlando http://www.ionaenergy.com/investor-relations/presentations/

Chevron’s Alder development is due to come onstream in 2016 tied back to the Britannia Bridge

Linked Platform (BLP). Expected output is 110,000 cfpd gas & 14,000 barrels of condensate per day.

http://www.chevron.com/chevron/pressreleases/article/01132014_chevronmakesfinalinvestmentdecisi

ononalderfieldintheunitedkingdom.news

http://www.chevronunitedkingdom.com/news/latest/2015-07-07-alder-topsides-sail.aspx

Premier Oil will bring its Catcher development online in 2017. As well as adding 50,000 barrels per

day to UKCS output it will provide a new hub for future developments in the Central North Sea.

http://www.premier-oil.com/premieroil/AR2013/pdfs/PO_AR2013.pdf

EnQuest has brought forward the Kraken and Kraken North developments both of which are

scheduled to begin production in 2017. There will be 14 horizontal production wells and 11 water

injection wells producing a peak output of 55,000bpd.

http://www.enquest.com/~/media/Files/E/Enquest/2014FYR_docs/14FullYear150318Final.pdf

Maersk Group is developing the Cawdor Field which will commence production in 2017 with an

anticipated peak output of 5,000bpd with production tied back to the Clyde platform.

http://www.maerskoil.com/media/newsroom/pages/flyndreandcawdorfielddevelopmentapprovalsuppo

rtsmaerskoiluk%E2%80%99sgrowthambitions.aspx http://www.offshore-technology.com/projects/flyndrecawdor-oil-fields-development-north-sea/ http://www.offshore-mag.com/articles/2014/05/clyde-platform-to-host-north-sea-flyndre-cawdor-

development.html

51

Statoil will bring the Mariner Field online in 2017. It will eventually comprise 80 production wells

and 64 produced water re-injectors with a plateau output of 55,000 bpd.

http://www.statoil.com/en/about/worldwide/unitedkingdom/pages/mariner.aspx

http://www.statoil.com/en/EnvironmentSociety/Environment/impactassessments/international/Pages/

MarinerAreaImpactasmt.aspx http://www.rigzone.com/news/oil_gas/a/140060/Mariner_A_Steel_Jacket_On_its_Way_to_the_North

_Sea?utm_source=DailyNewsletter&utm_medium=email&utm_term=2015-08-

12&utm_content=&utm_campaign=Production_1

Dana Petroleum is developing the Western Isles fields (Barra and Harris) with peak production

estimated at 40,000 boe per day. The project is running 2 yrs late and at least $400m over budget:

http://www.ogj.com/content/ogj/en/articles/2012/12/western-isles-project-offshore-uk-

approved.html

https://www.oilandgaspeople.com/news/3749/dana-petroleum-western-isles-project-two-

years-late-and-massively-over-budget/

Dana Petroleum has developed the Arran Field. Tieback was to be to BG’s Lomond platform until BG

announced the cancellation of their proposed Bridge Linked Platform (BLP) Project. This has delayed

Arran by up to four years:

https://itportal.decc.gov.uk/eng/fox/path/PATH_REPORTS/current-

projects?PATH_OPERATOR_ID=109

Statoil’s Mariner East Field will come online in 2019. It will eventually comprise 4 wells with a peak

output of 22,000 bpd when Mariner is producing below its 76,000 bpd target flow.

http://www.statoil.com/en/about/worldwide/unitedkingdom/pages/mariner.aspx

http://www.statoil.com/en/EnvironmentSociety/Environment/impactassessments/international/Pages/

MarinerAreaImpactasmt.aspx

Maersk has just announced the development of the Culzean Gas Field which will produce 5% of the

UK’s demand at peak production. I’ve estimated this at 250MM Cu ft day.

http://www.rigzone.com/news/oil_gas/a/140362/GoAhead_Given_for_Biggest_UK_Field_Found_in

_a_Decade/?all=HG2

Taqa Global’s Darwin Field is due to enter production in 2020. Fairfield Energy has 50% of Darwin.

http://www.fairfield-energy.com/pages/view/darwin

Antrim Resources is developing the Fyne Field which was estimated as likely to produce 14,000 bpd

oil at peak production. Antrim is looking to relinquish and re-apply for the license.

http://www.antrimenergy.com/files/Antrim_2014_Annual_Report_-_Final.pdf

Premier Oil’s Ptarmigan field – a single well development - appears to be on the back burner. No

mention of it can be found in any recent Premier Oil publication which focuses on other developments

http://www.premier-oil.com/premieroil/operations/global-licence-interests

ENI’s Deborah Field is a gas storage conversion of a depleted gas producing field. It is reckoned the

facility will be able to store 4.6 BnCuM when full.

http://abarrelfull.wikidot.com/deborah-gas-field

Verus Petroleum’s Vulcan East gas prospect seems to have dropped out of contention for quick

development following the re-structuring of the old Bridge Energy A/S. Verus is looking more to

acquisitions to boost production rather than developments of existing assets.

https://www.energyvoice.com/oilandgas/66058/north-sea-new-wave-player-verus-makes-debut/

52

Xcite Energy’s Bentley Field Development continues to inch forward at a time of huge pressure due

to the oil price. The collaborative approach adopted seems to offer the best prospect for eventual

delivery. Securing investor cash flow in this environment will be key to getting there.

http://www.xcite-energy.com/assets/bentley

http://www.xcite-energy.com/investors/presentations-and-documents/agm-2015-presentation

Chrysaor Holdings holds the rights to develop the Phoenix prospect. Chrysaor has sold an interest in

the Solan Field over the last year and has also sold interests in Ireland. Whether these adjustments are

positive or negative for Phoenix remains to be seen.

http://www.bnri.com/documents/Chrysaor_press%20release_2.pdf

http://www.oilandgastechnology.net/upstream-news/providence-announces-chrysaor-acquisition

Premier Oil’s Caledonia field is a watered-out asset the re-development plan is still awaited.

http://www.premier-oil.com/premieroil/media/press/trading-and-operations-update-4

Serica Energy is seeking to develop the Columbus Field. It suffered a major setback when BG

cancelled its plan for a Bridge Linked Platform (BLP) for the neighbouring Lomond Field. The Field

Development Plan for Columbus will now be re-written by Serica and its partners.

http://www.serica-energy.com/columbus-3.php

Hurricane Energy’s Lancaster Field is one of the most promising West of Shetland developments of

recent years. The development of a low capital cost Early Production System (EPS) shows

commercial awareness at a difficult time for financing big developments. The need to get cash flow

positive as early as possible is a very real one to prevent loss of commercial control to speculators.

https://www.hurricaneenergy.com/assets/Documents/ConceptualisingnewInfrastructureHubWoSPDF.

pdf?1432150035

http://www.edisoninvestmentresearch.com/downloadpdf/14493/702

Chevron’s Rosebank Field was kicked into the long grass due to the very high cost of the

development at a time, prior to the collapse in oil price, when contractors could name their price. It

appears to be reviving with a lower cost plan.

Chevron's Rosebank gets rethink http://www.oedigital.com/component/k2/item/9969-rosebank-re-emerges

Statoil’s Bressay development is in the process of being re-engineered in an effort to reduce the

capital cost. Concept review is planned for 2015 with a final investment decision in 2016.

http://www.statoil.com/en/About/Worldwide/UnitedKingdom/UKUpstream/Pages/Bressay.aspx

Shell Exploration & Production have postponed development of their Fram prospect following

disappointing initial drilling results in 2013. The FPSO was cancelled & a revised plan called for.

http://www.shell.co.uk/media/2013-media-releases/reassess-development-of-fram-field-in-north-

sea.html

53

DECC Contacts

Digest of United Kingdom Energy Statistics Table F.2: Gas production, Gross gas production

since 1991 and Digest of United Kingdom Energy Statistics Table F.1: Crude oil and natural gas

liquids production

Clive Evans Telephone: +44 (0) 300 068 5040

Petroleum Licensing

Tracy Selby 0300 068 6050 or Mike Hawkins 0300 068 6038

Field List

Derek Woolley Telephone: +44 (0) 300 068 5751

DECC field partners and the percentage of their holding

Marcelle Wynter Telephone: +44 (0) 300 068 66057

Well Operations & Notifications System (WONS) - UK production data, Oil production since

1975 and Gas flaring at oil terminals and producing offshore oilfields. Petroleum Production

Reporting System (PPRS)

Phil Harrison Telephone: +44 (0) 300 068 6036 [email protected]

Oil discharged with produced water

Jason Lomas Telephone +44 (0) 1224 254110

UKCS income and expenditure, Production projections and Production (and demand)

projections

Mike Earp tel: 0300 068 5784

UK oil and gas reserves

John Webber Telephone: +44 (0) 1224 254069 or Joy Gray Telephone: +44 (0) 300 068 6034

Field Approvals and Field Start-ups

John Webber Telephone: +44 (0) 1224 254069

Field and Pipeline Decommissioning

[email protected] on 01224 254034

Environmental Direction and Chemical Permits

[email protected] or Derek Saward on 01224 254037 or Julie Duguid on 01224 254045

54

7) Declining Output and De-commissioning

Oil Output in the UKCS has been declining since 1999. Until 2014 gas output had also dropped since it peaked in the year 2000. Oil output will not sink further it is about to take off again. A report that Scotland was facing a boom in output was met with a storm of protest from the Glasgow-based Centre for Public Policy in the Regions (CPPR) who’s eminence gris John McLaren, a former Labour Party researcher, was quick to damn any such foolish notion: http://newsnetscotland.com/index.php/scottish-economy/7560-cpprs-mclaren-pours-cold-water-on-scottish-economic-recovery-claims http://www.bbc.co.uk/news/uk-scotland-scotland-politics-21936723 The Office of Budget Responsibility (OBR) accepted the Department of Energy and Climate Change (DECC) projections of future oil & gas output. We might sensibly start by looking at recent trends and how these are helping to shape projections of future output.

On the chart above can be seen the pattern of change in annual output over the period from 1980 to 2014. The addition of a trend line helps to give some perspective. Apart from a small blip in 2007 we have seen twelve years of declining output to a greater or lesser extent. In 2014 the decline slowed dramatically and output has risen so far Year-to-Date in 2015. The position for the following few years looks likely to show the significant increases in output we have been predicting. DECC show no positive increment in output from the record levels of capital spend seen on the UKCS over the last few years. They are predicting that the decline in underlying output will continue at an increased and increasing rate rather than showing the anticipated decline. They also appear to suggest that the output from new fields and from major re-developments will be negligible rather than transformational. It is not clear what underlying basis there is for these assumptions. We’re told basically that “we’ve been right in the past, so trust us, we’ll be right in the future”. For me, what we have to look at is whether the decline in recent years has been part of the long-term natural rate of decline or if the industry has suffered from events which have exaggerated the decline in output.

-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

30%

1980

1981

1982

1983

1984

1985

1986

1987

1988

1989

1990

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

North Sea Oil Change in Output Annual Percentage Change 1980 - 2014

Source: Adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 June 2015 https://itportal.decc.gov.uk/pprs/full_production.htm

55

What we can see for oil is that most of the post-peak years have registered a decline in output of between 5% and 10% with three of the last four years showing figures in excess of this. There have been: 2011 Calendar Year Some excessive rates of depletion in certain fields such as Callanish, Clair and Schiehallion plus a major production problem in the Buzzard Field costing 2,000,000 Tonnes of lost production. 2012 Calendar Year Further excessive depletion from Callanish and Clair with the Elgin/Franklin debacle costing 2,000,000 Tonnes of lost production. A leak in a pipeline also caused the shut-in of the Foinaven field. 2013 Calendar Year The suspension of Schiehallion on its own accounted for almost half of the total reduction in the whole year (45.6%). Clair, Claymore, Magnus, Pierce and Don SW also contributed markedly to the decline in output. 2014 Calendar Year The arrival of Kinnoull and Golden Eagle during the course of the year helped the decline in production fall to the lowest seen since 2007. Peak production for a full year plus the addition of further fields will see output rise in 2015 for the first time since 1999. What has been the position with gas output?

2011 Calendar Year This year saw a big drop in output from the Rough Storage Facility which can skew the gas output number considerably on its own. Morecambe South, Goldeneye, Rhum, Brodger and Brent were all major movers over the period with Bruce, Andrew and Britannia all adding to the decline. Rhum’s output fell for political reasons. It was shut-in because it was half-owned by the national Iranian Oil Corporation. Morecambe South output fell as Centrica felt the price earned was not high enough. Goldeneye shut down with a view to a future role as a CCS site. Brent also fell due to depletion as did Andrew which is being re-developed. 2012 Calendar Year

-30%

-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

North Sea Gas Change in Output Annual Percentage Change 1996 - 2014

Source: DECCAnnual Dry+Associated Gas Prodn sorted by field https://itportal.decc.gov.uk/pprs/full_production.htm

56

The big story, as for oil, was the outage at Elgin/Franklin. This accounted for almost half the total decline in gas from the UKCS in the year. 2013 Calendar Year This year problems at Sean and Pierce accounted for over 70% of the drop. 2014 Calendar Year This year has seen a small rise in output for the first time in a number of years. Output from Breagh, Franklin, Juliet and Jasmine helped in a big way to achieve this. Conclusions The situation for oil output seems to be more to do with unplanned outages than with declines in production due to reservoir depletion. Output has been falling but the root cause for many of these drops has been work to restore and indeed to improve levels of output. Restoration of output from Schiehallion, Clair, Elgin & Franklin in the coming years will paint a very different picture. Output from Buzzard seems impossible to predict and this remains a significant cause for concern. Gas output is more of a mixed bag. There will be big increases in output from Elgin, Franklin and Rhum but the output from Rough Storage is very difficult to predict and indeed it might be better to factor this out of the equation. Predicting Future Oil Output

Our analysis 2015 2016 2017 2018 2019 2020 2021

Oil Output k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes

Baseline 37,378 42,384 43,523 53,809 57,788 50,514 46,330

Depletion 3,738 4,238 4,352 5,381 5,779 5,051 4,633

33,640 38,146 39,171 48,428 52,009 45,463 41,697

New Fields 8,744 6,689 15,641 11,706 261 906 732

Depletion

1,312 1,003 2,346 1,756 39 136

Prediction 42,384 43,523 53,809 57,788 50,514 46,330 42,293

Source: Author’s own calculations adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 June 2015 https://www.og.decc.gov.uk/pprs/full_production.htm

If we start off from the 2014 level of oil output and subtract an annualised rate of decline of 10% per field (slightly higher than the actual rate excluding shut-downs for planned and unplanned outages) and we then add the predicted levels of additional output from new fields (factoring in a higher average rate of decline of 15% for these fields) then we can see that output in 2018 will be over 50% higher than it was in 2014.

OGUK 2015 2016 2017 2018 2019 2020 2021

Oil Output k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes

Baseline 37,378 38,685 39,990 42,601 41,334 40,064 38,795

Depletion 7,437 4,072 12,027 10,627 - 2,136 1,862

29,941 34,613 27,963 31,974 41,334 37,928 36,933

New Fields 8,744 6,689 15,641 11,706 261 906 732

Depletion

1,312 1,003 2,346 1,531 39 136

Prediction 38,685 39,990 42,601 41,334 40,064 38,795 37,529

Source: Author’s own interpretation of Oil & Gas UK’s “Economic Report 2014” p33 http://www.oilandgasuk.co.uk/2014-economic-report.cfm?frmAlias=/economicreport/&_cldee=YWRtaW5AYmllZS5vcmc%3d

57

Oil & Gas UK’s 2014 Economic Report predicts a rise of over 27% in output by 2017. They looked at oil & gas together & gave figures of approx 1.4MM boepd in 2013 rising to 1.7MM Boepd in 2017 in their “Central Case” scenario. Under their “Worst Case” output would fall from 1.4MM Boepd to 1.3MM Boepd, a decrease of 7.14%. To get to this position the decline rate from existing fields has to be much higher than it has been historically. As output from new fields is added between 2015 and 2017 the factor for declining production in existing fields has to climb from 10% to nearly 30% by 2017 – the figure of 12,027 shown in the table. This seems very unlikely to me but it reflects the considerable caution shown by Oil & Gas UK in forecasting future output. In comparison to DECC however their prediction is positively sunny.

2015 2016 2017 2018 2019 2020 2021

DECC k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes

Baseline 37,378 38,122 36,230 35,502 32,062 30,000 28,268

Depletion 8,000 7,269 15,366 12,800 1,123 2,599 2,100

29,378 30,853 20,864 22,702 30,939 27,401 26,168

New Fields 8,744 6,689 15,641 11,706 261 906 732

Depletion

1,312 1,003 2,346 1,200 39 136

Prediction 38,122 36,230 35,502 32,062 30,000 28,268 26,764

Source: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/287001/production_projections.pdf Note: excludes NGL output added to Oil production figures manually by DECC.

DECC predicted a flat line in their “UKCS Oil and Gas Production Projections” March 2014 page 1. This was ludicrous but it has now been made even more farcical by the assertion that output will fall in their “UKCS Oil and Gas Production Projections” March 2015 page 1. This requires the decline in output from existing fields to increase from a normal rate of perhaps 10% to as high as 21.44% in 2015 and to over 42% in 2017. This isn’t conceivable or possible. In later years the opposite is the case. The natural rate of depletion has to fall in 2019 to 3.50% per cent for the DECC decline to be validated, this is far too low a rate. This prediction cannot be based on the projects coming into production over the next few years. It is not possible that all these fields can start producing and for oil output not to increase. Prediction for Gas Production

2015 2016 2017 2018 2019 2020 2021

k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes

Baseline 43,322,569 40,989,861 38,920,328 34,477,889 30,340,542 26,827,427 23,991,386

Depletion 5,198,708 4,918,783 4,670,439 4,137,347 3,640,865 3,219,291 2,878,966

38,123,861 36,071,078 34,249,889 30,340,542 26,699,677 23,608,136 21,112,420

New Fields 2,866,000 2,849,250 228,000 - 127,750 383,250 -

Depletion

429,900 427,388 34,200 - 19,163 57,488

Prediction 40,989,861 38,920,328 34,477,889 30,340,542 26,827,427 23,991,386 21,112,420

Source: Author’s own calculations adapted from Company websites and industry reports.

Predictions for oil are easily found on company websites and from industry sources. For gas the picture is much less clear. Many new fields give no figure for likely gas production. An accurate forecast therefore isn’t really possible for gas from public information sources.

58

Overall Conclusion Let’s start with what we don’t know. Oil prices have fallen significantly over the last eighteen months. We can’t predict if prices will recover to the levels seen before the slump. We certainly can’t tell when this might happen. Geopolitics prevents the swing producers the USA, Russia and Saudi Arabia from reaching an agreement to control output. The arrival of Iran on global markets over the next year will exert further downward pressure on prices. We cannot accurately predict UKCS gas output as few companies issue associated gas production projections. Available figures are therefore likely to understate future gas output. With regard to oil output the position is much clearer. What isn’t clear is how DECC have alighted on their current declining production forecast which seems to be totally at odds with the predictions of the companies completing the investments. The companies’ collective - Oil & Gas UK -expects oil output to rise by at least 27% and possibly by as much as 42% see fig 11 p 33, Oil & Gas UK “Economic Report 2014”. DECC is predicting a decline over the same period. The OBR has based its forecast on the DECC numbers which seem detached from reality. The figures for 2015-17 are particularly misleading. The massive rise in oil output which will take place has been reduced to less than zero by DECC. This requires a drop in 2017 output from existing fields of over 42% in that one year. How DECC’s model has fabricated this result must be examined without delay. The “discount factor” they have applied to company output predictions must have been dramatically increased for the next few years to give this result. Why has this been done? For DECC, time is running out. By 2017 the extent of their miscalculation will become apparent. Recent years have seen a decline in refinery capacity in the UK. This was permitted, at least in part, by the belief that oil output could only go down. The value added by refining crude oil could have significantly boosted UK plc’s GDP. That can’t happen now. Another nation’s economy will be boosted by this rise in GDP. We’ll re-import the final products from them.

59

8) Company Turnover & Taxation

Company Turnover 2013 2012 2011 2010 2009

£m £m £m £m £m

NEXEN PETROLEUM U.K. LIMITED 2,658,644,046 2,210,583,348 2,089,841,229 1,735,083,441 1,338,579,409

APACHE NORTH SEA LIMITED 1,265,883,634 1,166,932,014 1,288,369,585 985,872,022 878,616,728

BP EXPLORATION OPERATING COMPANY LIMITED 1,524,598,621 1,964,198,657 2,442,769,733 2,611,805,229 2,420,753,579

AMOCO (FIDDICH) LIMITED 28,257,589 22,650,757 48,971,857 29,235,115 25,441,837

ARCO BRITISH LIMITED, LLC 51,183,519 290,954,893 362,685,517 295,088,405

BRITOIL 526,708,939 1,038,064,247 756,434,950 702,124,590 639,098,228

BG INTERNATIONAL LTD 762,000,000 815,000,000 1,101,000,000 1,170,000,000 1,233,000,000

SUNCOR ENERGY UK LIMITED 1,339,988,000 1,177,936,000 1,236,947,000 1,260,924,000 984,219,000

TAQA BRATANI 1,085,306,739 1,093,195,424 1,083,629,708 740,979,930 539,276,710

CHEVRON NORTH SEA LIMITED 1,169,800,000 1,467,300,000 1,735,600,000 1,474,700,000 1,242,600,000

TALISMAN SINOPEC ENERGY UK LIMITED 830,791,952 1,254,921,331 1,848,000,642 565,523,000 552,475,000

MAERSK OIL NORTH SEA UK LIMITED 555,209,531 369,727,343 481,603,598 701,827,923 433,723,632

MAERSK OIL UK LIMITED 146,971,727 216,737,597 237,358,818 180,432,426 93,975,252

ENQUEST HEATHER LIMITED 563,046,663 89,158,459 127,887,795 86,110,595 89,279,362

DANA PETROLEUM (E&P) LIMITED 502,767,000 592,820,000 504,816,000 293,133,000 233,589,000

CONOCOPHILLIPS (U.K.) LIMITED 8,205,300,000 15,939,000,000 35,878,700,000 28,742,400,000 22,821,800,000

CNR INTERNATIONAL (U.K.) LIMITED 430,746,000 525,117,000 720,046,000 626,408,000 510,091,000

CENTRICA RESOURCES LIMITED 695,573,000 482,601,000 500,565,000 435,824,000 368,852,000

CENTRICA NORTH SEA OIL LIMITED 193,535,000 282,861,000 253,999,000 273,303,000 258,047,000

SHELL U.K. LIMITED 7,905,000,000 9,070,000,000 11,811,000,000 10,328,000,000 7,969,000,000

SHELL EP OFFSHORE VENTURES LIMITED 150,900,000 201,400,000 277,100,000 168,000,000 152,000,000

TOTAL E&P UK LIMITED 1,460,536,000 1,313,704,000 1,548,789,000 1,519,595,000 1,207,696,000

ESSO E & P UK LIMITED 1,413,000,000 1,329,000,000 1,837,000,000 1,976,000,000 1,709,000,000

ENTERPRISE OIL LIMITED 366,900,000 497,000,000 617,700,000 445,200,000 433,900,000

60

MARATHON OIL U.K. LLC 296,800,700 430,234,130 533,278,906 366,023,448 378,398,360

MARATHON OIL NORTH SEA (G.B.) LIMITED

PREMIER OIL UK LIMITED 338,716,140 276,456,039 163,705,017 274,350,574 176,036,728

ITHACA CAUSEWAY LIMITED 143,017,114 589,141

ITHACA ENERGY (UK) LIMITED 139,312,361 97,283,305 77,592,581 83,889,613 70,903,139

ITHACA MINERALS (NORTH SEA) LIMITED 7,278,380 7,664,368 11,645,819 7,250,264 9,367,709

ENI AEP LIMITED 51,359,000 62,854,000 82,182,000 95,387,000 97,175,000

ENI ELGIN/FRANKLIN LIMITED 178,177,000 142,821,000 117,613,000 500,865,000 386,571,000

ENI UK LIMITED 663,733,000 403,950,000 463,490,000 605,621,000 535,967,000

ENI ULX LIMITED 106,213,349 115,437,834 133,313,592 207,649,559 153,500,000

PERENCO UK LIMITED 702,564,000 1,051,227,000 585,499,000 348,791,000 245,967,000

EDINBURGH OIL & GAS LIMITED 236,781,000 207,137,000 183,496,000 164,764,000 130,599,000

ENDEAVOUR ENERGY UK LIMITED 196,248,461 126,298,326 25,427,938 28,601,152 62,869,247

E. F. OIL AND GAS LIMITED 262,058,000 366,013,000 1,058,751,000 857,470,000 788,699,000

FIRST OIL AND GAS LIMITED 275,000

FIRST OIL EXPRO LIMITED 93,756,000 53,223,000 72,142,000 60,860,000 56,427,000

JX NIPPON EXPLORATION AND PRODUCTION (U.K.)

LIMITED 108,571,000 138,006,000 209,784,000 177,295,000 143,412,000

FAIRFIELD BETULA LIMITED 78,619,085 46,681,984 62,662,950 96,882,497 52,745,492

STATOIL (U.K.) LIMITED 755,214,000 813,505,000 774,389,000 551,283,000 476,917,000

DYAS EXPLORATION UK LIMITED 2,134,000

DYAS UK LIMITED 93,473,000 110,607,000 95,359,000 133,488,000 96,224,000

MITSUI E&P UK LIMITED 75,499,970 35,533,921

BHP BILLITON PETROLEUM GREAT BRITAIN LIMITED 105,518,877 154,555,000 205,234,000 200,885,000 206,857,000

TRANSWORLD PETROLEUM (U.K.) LIMITED 58,218,986 131,729,543 156,355,927 159,160,000 139,903,000

SUMMIT PETROLEUM DORSET LIMITED 27,021,617 26,210,838 22,244,137 19,220,614

SUMMIT EXPLORATION & PRODUCTION LIMITED 3,189,695 40,497,483 37,114,007 129,660,693 78,477,581

E.ON E&P UK LIMITED 204,090,000 166,379,000 94,398,000 214,783,000 231,231,000

61

IDEMITSU PETROLEUM UK LTD. 67,222,072 78,024,118 84,477,862 75,803,723 56,363,090

ATLANTIC PETROLEUM UK LIMITED 47,529,368 64,921,188 50,606,444 48,628,408 26,218,316

MARUBENI OIL & GAS (NORTH SEA) LIMITED 23,672,404 26,618,586 112,499,194 96,309,004 82,207,099

MARUBENI OIL & GAS (U.K.) LIMITED 33,560,003 50,990,060

EWE VERTRIEB GMBH

MCX DUNLIN (UK) LIMITED 32,364,043 14,445,334 20,403,382 26,343,517 10,576,045

MCX OSPREY (UK) LIMITED 8,511,212 4,903,349 16,966,568 19,010,141 18,405,815

SPIKE EXPLORATION UK LTD 11,600,379

TRAP OIL LTD 30,309,304 1,674,698 804,166 795,834 1,064,263

NORECO OIL (UK) LIMITED 39,452,489

WINTERSHALL (E&P) LIMITED

WINTERSHALL (UK NORTH SEA) LIMITED

ISLAND GAS (SINGLETON) LIMITED 13,999,000 10,432,000 9,786,000 6,861,000 5,758,000

ISLAND GAS LIMITED 52,413,000 58,482,000 19,894,000 535,000 702,000

STAR ENERGY WEALD BASIN LIMITED 26,336,000 30,226,000 14,121,000 11,834,000 3,483,000

IONA UK HUNTINGTON LIMITED 34,246,627

Valiant Causeway Limited

Valiant Gamma Limited

ZEUS PETROLEUM LIMITED 21,789,000 1,147,000

OMV (U.K.) LIMITED 34,599,016 149,800,835 125,475,747 107,966,102 62,538,674

SOJITZ ENERGY PROJECT LIMITED 43,180,772 11,967,766 19,413,912 47,445,683 34,428,189

CIECO EXPLORATION AND PRODUCTION (UK) LIMITED 23,850,000 25,899,000 28,326,000 25,185,000 £20,408,000

FAROE PETROLEUM (U.K.) LIMITED 16,384,000 29,841,000 60,066,000 5,873,000 6,992,000

Antrim Resources (N.I.) Limited 15,741,504

ROC OIL (GB) LIMITED 11,707,360 15,484,256 45,287,142 32,462,455 28,884,526

NOBLE ENERGY (OILEX) LIMITED 14,473,497 69,074,205 130,366,849 114,085,746 40,143,858

DEA UK SNS LIMITED / LETTER ONE 232,891,000 145,455,000 109,047,000 112,035,000 121,660,000

Igas Energy plc 75,917,000 68,304,000 22,120,000 656,000 828,000

62

SCHIEHALLION OIL & GAS LIMITED 47,000

RIGEL PETROLEUM (NI) LIMITED 7,082,529 13,391,823 21,583,681 15,230,563 12,369,000

HUMBLY GROVE ENERGY LIMITED 14,101,000 15,500,000 10,865,000 15,366,000 15,394,000

NIO PETROLEUM (SABAH) LIMITED

Paladin Resources Limited 374,000

EUROPA OIL & GAS (WEST FIRSBY) LIMITED

EUROPA OIL & GAS LIMITED 3,878,000 4,503,000 5,080,000 3,766,000 3,091,000

MURPHY PETROLEUM LIMITED 3,894,120,000 4,173,345,000 3,960,875,000 2,135,734,000 1,849,532,000

GDF SUEZ E&P UK LTD 78,568,000 70,257,000 83,416,000 102,530,000 144,415,000

BLACKLAND PARK EXPLORATION LIMITED

NORTH SEA ENERGY (UK) LIMITED 1,275,278 2,500,458 4,958,811 13,595,327 8,448,096

Egdon Resources Avington Limited 99,274 116,971 93,985 181,622 196,222

EGDON RESOURCES U.K. LIMITED 1,892,877 2,266,952 2,356,256 2,138,852 1,055,454

BRIDGE ENERGY (SNS) LIMITED 16,640,491 25,531,816 10,643,834 10,569,172

ANGUS ENERGY WEALD BASIN NO.3 LIMITED 911,554 1,166,350 402,732 968,235

CIRQUE ENERGY (UK) LIMITED

NORTHERN PETROLEUM (GB) LIMITED 269,000 249,000 226,000 185,000

NORTHERN PETROLEUM (UK) LIMITED 89,879 97,974 84,746 70,922 54,286

TERRAIN ENERGY LIMITED 237,374 245,931 308,072 271,257

Aurora Energy Resources Limited

ALBA RESOURCES LIMITED 170,000 223,000 177,000 68,000 25,000

IS E&P Limited

IS NV Limited

ONSHORE PRODUCTION SERVICES LIMITED

ORANJE-NASSAU ENERGIE HANZE (UK) LIMITED 58,199,519 99,407,234 80,752,621 57,010,110

PARKMEAD GROUP plc

MOLGROWEST (I) LIMITED 24,372,017 26,250,564 35,189,640 28,484,545

Dorset Exploration Limited 7,927 12,153

63

Ecorp Oil & Gas UK Limited 140,181

EQ Petroleum Sabah Limited

Iranian Oil Company (U.K.) Limited 0 0 792,628 44,106,267 54,483,031

UK Oil & Gas Investments plc

Euroil Exploration Limited 1,116,397 1,047,462 1,431,628 1,538,512

SSE E&P UK Limited 118,100,000 102,300,000 15,800,000

Liverpool Bay Limited

Burlington Resources (Irish Sea) Limited 34,371,000 124,386,000 138,241,000 102,273,000 91,015,000

Sterling Resources Limited 1,848,000 42,000 796,000

Tullow Oil SK Limited 149,152,396 140,244,873 169,469,155 140,393,451 130,489,238

Bayerngas Europe Limited 21,034,121 6,829,491

Edison E&P UK Limited 58,023,139 40,470,591 83,340,312 107,266,982

Bowland Resources Limited 3,592,000

Hansa Hydrocarbons Limited 580,034

Gas-Union Gmbh

Wingas Storage UK Limited 856,756 30,645 32,220 2,191,641

Verus Petroleum (SNS) Limited 19,956,134 16,616,855 25,531,816 10,643,834 10,569,172

Alpha Petroleum Resources Limited 9,142,000 16,499,000 13,359,000 8,390,000

Calenergy Gas Limited 1,977,000 2,971,000 3,860,000 2,405,000

Third Energy UK Gas Limited 506,075 826,624 1,315,129 3,962,794 2,570,427

FINA EXPLORATION LIMITED 118,953,000 139,371,000 104,732,000

44,091,356,408 54,111,296,861 79,654,538,086 66,338,981,982 53,690,313,925

Turnover has fallen significantly due primarily to the fall in the oil price over the last two years. Output will now start to rise but a recovery in price will be needed before these developments start to feed through to an improved out-turn for the Chancellor.

64

Company Taxation 2013 2012 2011 2010 2009

£m £m £m £m £m

NEXEN PETROLEUM U.K. LIMITED -£917,998,290 -£912,648,245 -£1,006,841,358 -£512,455,816 -£471,566,555

APACHE NORTH SEA LIMITED -£12,558,631 -£338,773,042 -£450,573,664 -£172,896,708 -£169,182,874

BP EXPLORATION COMPANY LIMITED -£344,581,384 -£113,902,274 -£1,062,287,880 -£575,753,934 -£604,099,108

AMOCO (FIDDICH) LIMITED £0 £0 -£24,189,566 -£10,054,014 -£8,745,632

ARCO BRITISH LIMITED, LLC £33,482,635 -£90,930,591 -£141,508,695 -£81,888,533

BRITOIL -£4,342,526 -£378,334,083 -£251,949,888 -£133,618,181 -£125,363,205

BG INTERNATIONAL LTD £17,000,000 -£83,000,000 -£17,000,000 -£65,000,000 -£108,000,000

SUNCOR ENERGY UK LIMITED -£753,513,000 -£594,168,000 -£589,339,000 -£501,723,000 -£292,126,000

TAQA BRATANI LIMITED -£177,417,462 -£342,707,605 -£400,189,961 -£93,800,573 -£1,399,151

CHEVRON NORTH SEA LIMITED -£404,000,000 -£622,100,000 -£739,600,000 -£464,600,000 -£264,800,000

TALISMAN SINOPEC ENERGY UK LIMITED £632,852,547 -£78,379,833 -£466,020,559 -£58,084,000 -£51,812,000

MAERSK OIL NORTH SEA UK LIMITED -£74,361,923 -£87,405,015 -£150,385,480 -£116,861,407 -£43,350,854

MAERSK OIL UK LIMITED -£10,970,304 £18,671,685 £27,421,780 £41,491,167 £29,094,185

ENQUEST HEATHER LIMITED -£86,414,676 £94,764,221 -£31,080,562 £8,412,905 -£11,153,752

DANA PETROLEUM (E&P) LIMITED -£130,798,000 -£145,590,000 -£148,264,000 -£46,949,000 -£35,468,000

CONOCOPHILLIPS (U.K.) LIMITED -£226,600,000 -£564,600,000 -£920,800,000 -£790,800,000 -£602,700,000

CNR INTERNATIONAL (U.K.) LIMITED £107,172,000 -£72,841,000 -£238,942,000 -£109,959,000 -£104,090,000

CENTRICA RESOURCES LIMITED £46,877,000 -£195,126,000 -£125,225,000 -£77,242,000 -£30,931,000

CENTRICA NORTH SEA OIL LIMITED -£26,382,000 £7,081,000 -£52,896,000 £21,212,000 £37,398,000

SHELL U.K. LIMITED £73,000,000 -£266,000,000 -£57,000,000 -£145,000,000 £283,000,000

SHELL EP OFFSHORE VENTURES LIMITED -£24,600,000 -£97,700,000 -£101,500,000 -£37,100,000 £7,400,000

TOTAL E&P UK LIMITED -£322,735,000 -£405,726,000 -£515,168,000 -£275,990,000 -£234,692,000

ESSO EXPLORATION AND PRODUCTION UK LIMITED £17,000,000 -£228,000,000 -£474,000,000 -£140,000,000 -£152,000,000

ENTERPRISE OIL LIMITED -£115,200,000 -£219,000,000 -£261,800,000 -£127,100,000 -£88,400,000

65

MARATHON OIL U.K. LLC -£63,536,546 -£109,787,802 -£148,757,467 -£67,941,572 -£95,686,463

MARATHON OIL NORTH SEA (G.B.) LIMITED

PREMIER OIL UK LIMITED £82,752,060 £31,048,743 £81,109,248 £32,115,310 £40,134,504

ITHACA CAUSEWAY LIMITED -£19,215,710 £19,163,383

ITHACA ENERGY (UK) LIMITED £10,526,348 £27,110,318 £1,954,526 £2,249,953 -£51,993

ITHACA MINERALS (NORTH SEA) LIMITED £667,323 £12,389,805 £1,850,391 £2,687,651 £2,633,632

ENI AEP LIMITED -£5,301,000 -£1,039,000 -£22,823,000 -£31,696,000 -£27,237,000

ENI ELGIN/FRANKLIN LIMITED -£37,047,000 -£41,659,000 -£66,302,000 -£241,402,000 -£132,393,000

ENI UK LIMITED -£87,964,000 -£88,765,000 -£171,964,000 -£283,038,000 -£69,555,000

ENI ULX LIMITED -£8,697,371 £14,495,618 £27,657,684 -£59,627,329 -£35,100,000

PERENCO UK LIMITED -£619,000 -£254,259,000 -£128,862,000 -£54,979,000 -£49,030,000

EDINBURGH OIL & GAS LIMITED -£124,628,000 -£110,624,000 -£105,679,000 -£74,446,000 -£53,223,000

ENDEAVOUR ENERGY UK LIMITED £1,281,088 -£8,629,648 -£11,568,797 -£75,546 -£2,412,222

E. F. OIL AND GAS LIMITED -£71,645,000 £102,464,000 -£604,459,000 -£355,736,000 -£315,814,000

FIRST OIL AND GAS LIMITED £17,456,000 £15,626,000

FIRST OIL EXPRO LIMITED -£20,350,000 £1,967,000 -£16,048,000 -£4,294,000 -£12,239,000

JX NIPPON EXPLORATION AND PRODUCTION (U.K.) LIMITED £53,616,000 -£34,384,000 -£73,019,000 -£30,907,000 -£8,712,000

FAIRFIELD BETULA LIMITED 0 -£7,288,894 £4,242,002 £1,336,902 £19,549,220

STATOIL (U.K.) LIMITED -£79,103,000 £20,552,000 -£33,390,000 -£6,449,000 £31,623,000

DYAS EXPLORATION UK LIMITED £10,961,000 -£1,403,061

DYAS UK LIMITED £34,768,000 £69,029,000 -£36,805,000 -£29,396,000 -£14,262,000

MITSUI E&P UK LIMITED £615,850 -£631,585

BHP BILLITON PETROLEUM GREAT BRITAIN LIMITED -£6,197,536 -£41,181,000 -£63,889,000 -£11,482,000 -£118,517,000

TRANSWORLD PETROLEUM (U.K.) LIMITED £57,022,285 -£22,171,726 -£45,750,723 -£32,508,000 -£13,716,000

SUMMIT PETROLEUM DORSET LIMITED -£17,204,027 -£12,080,545 -£10,395,117 -£12,445,309

SUMMIT EXPLORATION & PRODUCTION LIMITED -£1,644,594 -£8,636,660 -£2,339,354 -£49,625,614 -£39,255,055

E.ON E&P UK LIMITED £24,331,000 £1,925,000 £40,200,000 -£120,771,000 -£36,331,000

IDEMITSU PETROLEUM UK LTD. £19,240,173 £6,126,620 -£8,314,186 -£4,799,774 -£6,140,768

66

ATLANTIC PETROLEUM UK LIMITED -£6,266,003 -£18,974,233 -£8,862,003 -£3,701,866 -£787,251

MARUBENI OIL & GAS (NORTH SEA) LIMITED -£343,666 -£7,932,839 -£18,155,368 -£2,930,387 £1,830,278

MARUBENI OIL & GAS (U.K.) LIMITED £30,291,806 £3,062,526

EWE VERTRIEB GMBH

MCX DUNLIN (UK) LIMITED -£7,491,287 £13,898,670 £16,732,283 £4,858,090 £15,208,433

MCX OSPREY (UK) LIMITED £8,367,857 -£16,899,163 £14,082,225 £5,367,689 £6,396,564

SPIKE EXPLORATION UK LTD £862,427

TRAP OIL LTD 0 0 0 0 0

NORECO OIL (UK) LIMITED -£2,961,236 £8,976,436 £8,349,774 -£96,833 £401,462

WINTERSHALL (E&P) LIMITED

WINTERSHALL (UK NORTH SEA) LIMITED

ISLAND GAS (SINGLETON) LIMITED -£3,392,000 £13,511,000 -£2,680,000 -£1,957,000 -£1,491,000

ISLAND GAS LIMITED -£13,495,000 -£716,000

STAR ENERGY WEALD BASIN LIMITED £105,000 £14,633,000 £406,000 -£2,949,000 -£4,216,000

IONA UK HUNTINGTON LIMITED -£7,822,964 £3,219,640 £1,818,516

Valiant Causeway Limited

Valiant Gamma Limited

ZEUS PETROLEUM LIMITED 0 0

OMV (U.K.) LIMITED £23,925,671 -£78,111,789 -£23,658,208 £5,883,506 £3,152,320

SOJITZ ENERGY PROJECT LIMITED £38,999,803 £11,801,599 -£4,044,869 -£6,130,615 £5,698,811

CIECO EXPLORATION AND PRODUCTION (UK) LIMITED -£2,637,000 -£4,988,000 -£11,683,000 -£4,643,000 -£5,343,000

FAROE PETROLEUM (U.K.) LIMITED 0 0 £4,531,000 -£4,531,000

Antrim Resources (N.I.) Limited

ROC OIL (GB) LIMITED -£314,227 -£5,065,450 -£19,211,699 -£9,175,975 -£9,029,988

NOBLE ENERGY (OILEX) LIMITED -£5,033,331 £7,110,183 -£52,929,650 -£33,725,662 -£8,031,649

DEA UK SNS LIMITED / LETTER ONE £35,481,000 £22,003,000 -£151,000 -£24,659,000 -£1,785,000

Igas Energy plc -£10,277,000 -£12,356,000 £5,773,000

67

SCHIEHALLION OIL & GAS LIMITED -£22,456,000

RIGEL PETROLEUM (NI) LIMITED £2,171,726 -£4,397,848 -£6,859,621 -£4,305,122 -£2,614,000

HUMBLY GROVE ENERGY LIMITED -£2,215,000 -£1,477,000 £4,474,000 -£2,245,000 -£824,000

NIO PETROLEUM (SABAH) LIMITED

Paladin Resources Limited -£21,546 -£2,144,310 -£194,118 -£914,000 -£1,371,000

EUROPA OIL & GAS (WEST FIRSBY) LIMITED

EUROPA OIL & GAS LIMITED £307,000 -£515,000 £730,000 -£814,000 £19,000

MURPHY PETROLEUM LIMITED £2,772,000 -£46,176,000 -£36,997,000 -£16,867,000 -£29,716,000

GDF SUEZ E&P UK LTD £87,006,000 £16,135,000 -£18,571,000 -£5,661,000 -£19,861,000

BLACKLAND PARK EXPLORATION LIMITED

NORTH SEA ENERGY (UK) LIMITED 0 £635,927 £1,229,922 -£1,634,776 -£87,660

Egdon Resources Avington Limited -£113

EGDON RESOURCES U.K. LIMITED

BRIDGE ENERGY (SNS) LIMITED £5,403,668 -£5,702,595

ANGUS ENERGY WEALD BASIN NO.3 LIMITED

CIRQUE ENERGY (UK) LIMITED

NORTHERN PETROLEUM (GB) LIMITED -£10,000 £3,000 -£28,000 £157,000

NORTHERN PETROLEUM (UK) LIMITED -£41,422 £53,410 £60,415

TERRAIN ENERGY LIMITED 0 0 0 0 0

Aurora Energy Resources Limited

ALBA RESOURCES LIMITED 0 0 £216,000 £194,000 -£410,000

IS E&P Limited

IS NV Limited

ONSHORE PRODUCTION SERVICES LIMITED

ORANJE-NASSAU ENERGIE HANZE (UK) LIMITED -£25,637,439 -£32,606,445 -£17,098,103 -£9,265,477

PARKMEAD GROUP plc

MOLGROWEST (I) LIMITED £5,852,222 -£2,941,855 £279,778 -£4,583,036 £6,301,149

Dorset Exploration Limited £0 £0 £0

68

Ecorp Oil & Gas UK Limited

EQ Petroleum Sabah Limited -£15,897 -£19,805

Iranian Oil Company (U.K.) Limited £3,938,385 £5,100,730 -£2,702,878 -£11,516,969 £3,041,201

UK Oil & Gas Investments plc £0 £0

Euroil Exploration Limited -£31,292 £147,426 £401,722 -£132,625

SSE E&P UK Limited -£36,600,000 -£33,400,000 -£5,600,000

Liverpool Bay Limited

Burlington Resources (Irish Sea) Limited £5,067,000 -£38,338,000 -£50,782,000 -£15,550,000 -£15,480,000

Sterling Resources Limited

Tullow Oil SK Limited £16,224,934 -£28,345,459 -£20,264,774 -£11,688,477 -£2,197,260

Bayerngas Europe Limited £0 £3,667 -£4,764

Edison E&P UK Limited -£1,008,811 £4,621,118 -£7,371,030 £54,998,288

Bowland Resources Limited £315,000

Hansa Hydrocarbons Limited £0

Gas-Union Gmbh

Wingas Storage UK Limited £2,355,464 -£8,452,607 £6,998,000 -£2,404,000

Verus Petroleum (SNS) Limited £0 £0 £5,403,668 £0 -£5,702,595

Alpha Petroleum Resources Limited £0 £141,523,000 £12,186,000 £5,906,000

Calenergy Gas Limited £346,000 -£743,000 -£1,032,000 -£506,000

Third Energy UK Gas Limited £0 £0 £0 £0 £0

FINA EXPLORATION LIMITED -£48,462,000 -£23,391,000 -£14,343,000

-£2,753,379,031 -£6,235,896,573 -£9,877,977,161 -£6,028,991,457 -£4,091,691,355

Tax take for 2013 has fallen steeply for the second year in a row. Initial analysis of the tax take in 2014 shows this may well turn out to be negative, with rebates claimed by firms exceeding receipts for the first time. We may have arrived at a position where the nation is paying the oil industry to take the oil away. I don’t think this will reduce demands for still further “cuts” in the taxes which aren’t being paid. These businesses have been driven into losses by the fall in oil prices. The value of assets has also been written down by a steep percentage – the business suffers a paper loss when this happens. The Corporation Tax return then turns a paper loss into a cash receipt by allowing the oil company to reclaim a share of the loss of value written off. When values rise again the reverse doesn’t tend to happen. Tax isn’t paid as the gain sits in a Revaluation Reserve in the Balance Sheet & doesn’t hit the P&L.

69

9) Company Profile and Contact Details

Company Name Address Directors Telephone Web Address ALBA RESOURCES LIMITED 50 Lothian Road

Edinburgh EH3 9BY Simon J Thomson Paul J Mayland James D Smith

0131 475 3000 http://www.cairnenergy.com

Alpha Petroleum Resources Limited Victoria House London Square Cross Lanes Guildford GU1 1UJ

Andrew Crouch Arun Subbiah Garaham Walters Daniel Reis Nicholas Clayton

01483 307204 http://www.atpog.com/

AMOCO (FIDDICH) LIMITED 1 Wellheads Avenue Dyce Aberdeen AB21 7PB

John Bartlett 01224 832000 http://www.bp.com

ANGUS ENERGY WEALD BASIN NO.3 LIMITED

7 HOPETOUN CRESC. Edinburgh, Midlothian EH7 4AY

Jonathan Tidswell 0131 556 1371

Antrim Resources (N.I.) Limited 1 Queens Terrace Aberdeen AB10 1XL

Ian Suttie Steven Bowyer Brian Cameron Martin Suttie

01224 624666 http://www.firstoilexpro.com

APACHE NORTH SEA LIMITED Caledonia House, Prime Four Business Park Kingswells Causeway Aberdeen AB15 8PU

James House Thomas Voytovich Cory Loegering Matthew Dundrea

01224 505 000 Web: http://www.apachecorp.com/

ARCO BRITISH LIMITED, LLC 1 Wellheads Avenue Dyce Aberdeen AB21 7PB

John Bartlett Trevor Garlick James Halliday

01224 832000 http://www.bp.com

70

ATLANTIC PETROLEUM UK LIMITED 26/28 Hammersmith Grove London W6 7BA

Ben Arabo Richard Hardman Nigel Thorpe Jan Edin Evensen Wayne Kirk

0208 834 1045 http://www.petroleum.fo

Aurora Energy Resources Limited The Office, Westfield Estate Milltimber Aberdeenshire AB13 0EX

Ken McHattie Laurence Kinch Ian Roche Margaret Stoddart Tristan Cutler

01224 748414 http://www.aurora-petroleum.com

Bayerngas Europe Limited Suite 4A 100 London Rd Sevenoaks TN13 1BT

Gerald Harrison 01959 567450 http://www.bayerngasnorge.com/

BG Group 100 Thames Valley Park Drive, Reading RG6 1PT

Jon. Collingwood Marcus Samuel Christopher Aspden

01189 353222 http://www.bg-group.com

BHP Billiton Limited Neathouse Place London SW1V 1BH

Jeffrey Sahlberg David Rainey Hendrik Bogers Charlotte Gillan Niall McCormack Nathan Mauzy Stephen Pastor Peter Berger Patrick Masse

0207 802 4000 http://www.bhpbilliton.com

BLACKLAND PARK EXPLORATION LTD

34 ARLINGTON ROAD LONDON NW1 7HU

Stephen Goschalk Rupt. Lycett-Green Vermund Aarflot John Lycett Green James Dunn

01522 500539

71

Bowland Resources Limited MILLSTREAM MAIDENHEAD ROAD WINDSOR SL4 5GD

Kenneth Robertson Colette Cohen Mark Lappin Roy Lumsden

01753 494000 http://www.centrica.com/

BP EXPLORATION OPERATING COY LIMITED

1 Wellheads Avenue Dyce Aberdeen AB21 7PB

John Bartlett Trevor Garlick David Lynch

01224 832000 http://www.bp.com

BRIDGE ENERGY (SNS) LIMITED 17 Cavendish Sq. London W1G 0PH

Ivan Inchenko Lars Hesselbom Alf Thorkildson

0203 008 7642 http://www.spike-x.com/

BRITOIL LIMITED 1 WELLHEADS AVE. DYCE ABERDEEN AB21 7PB

John Bartlett Trevor Garlick David Lynch

01224 832000 http://www.bp.com

Brockham Capital Limited Squires Farm Logmore Lane Dorking Surrey RH4 3JL

Alexander Brodie

Burlington Resources (Irish Sea) Limited

Rubislaw House, Anderson Drive Aberdeen AB15 6FZ

Andrew Hastings Dominic MacKlon Michael Wright

01224 205000 http://www.conocophillips.com/

Cairn Energy plc 50 Lothian Road Edinburgh EH3 9BY

Iain McLaren Todd Hunt Keith Lough Simon Thomson Mary Shepherd Alexander Berger Ian Tyler James Smith

0131 475 3000 http://www.cairnenergy.com/

Calenergy Gas Limited Ground Floor Peer House 8-14 Verulam Street

Michael Sparkes Peter Youngs Thomas Fielden

0207 208 1600 http://www.calenergy.com/

72

London WC1X 8LZ

CENTRICA RESOURCES LIMITED MILLSTREAM MAIDENHEAD ROAD WINDSOR SL4 5GD

Kenneth Robertson Colette Cohen Sarwjit Sambhi Andrew Bevington Mark Lappin Roy Lumsden

01753 494000 http://www.centrica.com

CHEVRON NORTH SEA LIMITED Chevron House Hill of Rubislaw Aberdeen AB15 6XL

Anthony McGarva Richard Hinkley Raigul Dzhetpisova Billy May David Dillard

01224 334000 http://www.chevron.com

CIECO E & P (UK) LIMITED 18th Flr Broadgate Tower 20 Primrose Street London EC2A 2EW

Shoji Hirokawa Akio Tanabe Tadashi Sugimoto

0207 070 5800 http://www.cieco.co.uk/

CIRQUE ENERGY (UK) LIMITED Greenacre Shoreditch Taunton Somerset TA3 7BL

Stephen Bushell Terry Lindquist Steve Polowick Robert Yanota Rick Quigley

01823 275875

CNR INTERNATIONAL St Magnus House Guild Street Aberdeen AB11 6NJ

Timothy McKay Barry Duncan David Whitehouse William Bell Andrew McBoyle

01224 303600 http://www.cnrinternational.com

CONOCOPHILLIPS (U.K.) LIMITED Rubislaw House, Anderson Drive Aberdeen AB15 6FZ

Andrew Hastings Nicholas Allen Dominic MacKlon Michael Wright

01224 205000 http://www.conocophillips.com

73

DANA PETROLEUM King’s Close 62 Huntly Street Aberdeen AB10 1RS

David Crawford Yongwoo Kang Robert Elliot

01224 616000 http://www.dana-petroleum.com

Dart Energy Limited 46 Hyde Road Paignton Devon TQ4 5BY

Alan Schutt

DEA UK SNS LIMITED Letter One

4th Floor, 90 High Holborn London WC1V 6LJ

Paul Jeffs Thomas Kremski Freidrich Radwitz Annette Lippold

02031160200 http://www.letterone.com/contacts

Doriemus plc Suite 3B, Jermyn Street London SW1Y 6DN

Grant Roberts Donald Strang Hamish Harris

0207 440 0642 http://www.doriemus.co.uk/home

Dorset Exploration Limited The Wheat House 98 High Street Odiham Hampshire RG29 1LP

Mark Abbott Jeremy Field

01256 702292 http://www.egdon-resources.com/

DYAS UK LIMITED ATHENA HOUSE ATHENA DRIVE TACHBROOK PARK WARWICK CV34 6RL

Stephen Rennie Petrus Waaijer Adam Thompson Robert Baurdoux

00 31 30 2338 434

http://www.dyas.nl

E. F. OIL AND GAS LIMITED Crawpeel Road, Altens Industrial Estate, Aberdeen, AB12 3FG

Patrice de Viviès Philippe Guys Phillipe Rocheux Pierre Bousquet

01224 297000 http://www.uk.total.com

E.F. Oil & Gas Limited Crawpeel Road, Altens Industrial Estate, Aberdeen, AB12 3FG

Iain McCombie Pierre Ozon Paul Mason Gunnar Olsen Alain Pouthas

01224 297000 http://www.uk.total.com

74

E.ON E&P UK LIMITED 7th Floor, 129 Wilton Road London SW1V 1JZ

Michael Lerch Alison Sim Melanie Booth Simon Devonport David Bate

0203 004 3700 http://www.eon.com

Ecorp Oil & Gas UK Limited The Wheat House 98 High Street Odiham Hampshire RG29 1LP

John Thrash Robert Voorhees

01256 702292 http://www.egdon-resources.com/

EDINBURGH OIL & GAS LIMITED 5TH FLOOR 1 EXCHANGE CRESCENT Edinburgh EH3 8UL

Alexander Berger Robert Baurdoux Petrus Waaijer

0131 229 6907 www.shv.nl

Edison E&P UK Limited 1B Blake Mews Kew Richmond upon Thames TW9 3GA

Philippe Antoine Nicolo Fantin Guiseppe D'Ali Pierluigi Nalin Fabio Dubini Colin Heatley Cesare Manfredi Roberto Cozzi Alessandro Agostini

00 47 52 97 71 00 http://www.edison-norge.no/contact-us

EGDON RESOURCES U.K. LIMITED The Wheat House 98 High Street Odiham Hampshire RG29 1LP

Mark Abbott Walter Roberts Jeremy Field Philip Stephens James Elston

01256 702292 http://www.egdon-resources.com/

ENDEAVOUR ENERGY UK LIMITED 40 Queens Road Aberdeen AB15 4YE

Catherine Stubbs Andrew Sheu Derek Nielson

01224 202850 http://www.endeavourcorp.com/

75

ENI UK LIMITED ENI House 10 Ebury Bridge Road London SW1W 8PZ

Roberto Pasqua Mila Trezza Philip Hemmens Franco Magnani

0207 344 6000 www.eniuk.co.uk

ENQUEST HEATHER LIMITED Annan House Palmerston Road Aberdeen AB11 5QP

Stefan Ricketts Paul Massie Craig Stewart Neil McCulloch

01224 975000 http://www.enquest.com

ENTERPRISE OIL LIMITED Shell Centre 8 York Road London SE1 7NA

Gary Archibald Rolynda Sprouse David Kemshell

0207 925 4000 http://www.shell.co.uk

EQ Petroleum Sabah Limited Annan House Palmerston Road Aberdeen AB11 5QP

Stefan Ricketts Fayzal Hamsa Andrew Watt John Penrose

01224 975000 http://www.enquest.com

ESSO E & P UK LIMITED Exxon Mobil House Mail Point 21, Ermyn Way Leatherhead, Surrey KT22 8UX

John Chaplin Stacey Weltmer Robert Cooper Peter Clarke

01372 222000 http://www.exxonmobil.co.uk

Euroil Exploration Limited Hyde Park House 5 Manfred Road London SW15 2RS

Franco Pace Colin Heatley Cesare Manfredi Pierluigi Nalin Roberto Cozzi

EUROPA OIL & GAS 6 PORTER STREET LONDON W1U 6DD

Philip Greenhalgh Hugh Mackay

0207 224 3770 http://www.europaoil.com

EWE VERTRIEB GMBH Mcgrigors LLP Johnstone House 52-54 Rose Street Aberdeen AB10 1UD

http://www.ewe.de/

76

Fairfield Energy plc Ash House, Fairfield Ave Staines TW18 4AB

Peter Kagan Ronald Emerson Simon Neathercoat Simon Eyres Ian Sharp Jerome Halbout David Pearce Alfredo Gago Jeff Steenbergen Ralph Alexander David Peattie

01224 300500 www.fairfield-energy.com

FAROE PETROLEUM (U.K.) LIMITED 24 Carden Place Aberdeen AB10 1UQ

Julian Riddick Graham Stewart Jonathan Cooper Helge Hammer

01224 650 920 http://www.faroe-petroleum.com

FINA EXPLORATION LIMITED Crawpeel Road, Altens Industrial Estate, Aberdeen, AB12 3FG

Philippe Guys Alain Pouthas Michael Borrell

01224 297000 http://www.uk.total.com

First Oil Plc 1 Queens Terrace Aberdeen AB10 1XL

Ian Suttie Steven Bowyer Brian Cameron Martin Suttie

01224 624666 http://www.firstoilexpro.com

Gas-Union Gmbh 1 Theodor-Stern-Kai Frankfurt 60596 Germany

Dr Oliver Malerius Dr Jens Nixdorf

00 49 69 3003 - 0 https://www.gas-union.de/24-1-The-company.html

Gazprom Germania Markgrafenstraße 23 Berlin, 10117 Germany

Andrey Biryulin Vyach. Krupenkov Burkhard Woelki

00 49 30 20195 - 0

www.gazprom.com/press/reports/2015/global-approach/

GDF SUEZ E&P UK LTD Union Plaza, Union Wynd Aberdeen AB10 1SL

Monique Huet Terje Overvik Benoit Mignard

01224 269 800 http://www.gdfsuezep.co.uk/

77

Ruud Zoon H. Verbockhaven Maria Hanssen

Hansa Hydrocarbons Limited 67-68 Longacre London WC2E 9JD

Simon Lunn Patrick Kennedy John Martin Willem Tortike

0207 836 9980 http://www.hansahydrocarbons.com/

HUMBLY GROVE ENERGY LIMITED Weston Common The Avenue, Lasham Alton Hants GU34 5SY

Klaus Reinisch Fergal Murphy Arthur Moors Andrew Shanta

01256 381621 http://www.petronasenergy.com

IDEMITSU PETROLEUM UK LTD. 6th Floor, Shaftesbury House, 151 Shaftesbury Avenue, London WC2H 8AL

Kazuo Okamoto Shogo Hirahara

0207 395 6140 http://www.iog-idemitsu.co.jp/eng/project/uk/index.html

Igas Energy plc 7 Down Street London W1J 7AJ

Francis Gugen John Bryant Cuthbert McDowell Robin Pinchbeck Stephen Bowler John Blaymires

0207 993 9899 http://www.igasplc.com

IONA ENERGY COMPANY (UK) LIMITED

LOWER GROUND SUITE 3 QUEENS GATE ABERDEEN AB15 5YL

Iain McKendrick Thomas Reynolds

01224 228400 http://www.ionaenergy.com/

Iranian Oil Company (U.K.) Limited Riverside House, Riverside Drive, Aberdeen, AB11 7LH

Mahmoud Zadeh Seyed Mohaddes Mohsen Paknejad

01224 224353 http://www.iocukltd.com/

78

IS E&P Limited 80 Hill Rise Richmond Surrey TW10 6UB

Maurice Hazzard Ken Ratcliff Andrew Hindle Alan Booth Stewart McGarrity Anita Gardiner

0208 332 1200 http://www.infrastrata.co.uk/

IS NV Limited 80 Hill Rise Richmond Surrey TW10 6UB

Maurice Hazzard Ken Ratcliff Andrew Hindle Alan Booth Stewart McGarrity Anita Gardiner

0208 332 1200 http://www.infrastrata.co.uk/

ISLAND GAS LTD 7 Down Street, London W1J 7AJ

Stephen Bowler John Blaymires

0207 993 9899 http://www.igasplc.com

Ithaca Energy (UK) Limited 8 Rubislaw Terrace Aberdeen AB10 1XE

Graham Forbes Leslie Thomas

01224 638 582 http://www.ithacaenergy.com/

JX NIPPON E & P (U.K.) LIMITED 8th Floor 199 Bishopsgate London EC2M 3TY

Timothy Blackford Kemmei Nakata Masahiro Ozawa Takuya Wada Akira Omachi

0207 309 7650 http://www.nex.jx-group.co.jp/english/

Liverpool Bay Limited 10 Ebury Bridge Road London SW1W 8PZ

Roberto Pasqua Philip Hemmens Guiseppi Pasi

0207 344 6000 http://www.eni.com/

MAERSK OIL Maersk House, Crawpeel Road, Altens, Aberdeen AB12 3LG

Morten Kelstrup Glenn Corr Brian Welinder Gretchen Watkins Graham Talbot

01224 242000 http://www.maerskoil.com

79

MARATHON OIL U.K. LLC Marathon House Hill of Rubislaw Anderson Drive Aberdeen AB15 6FZ

Larry Seidel Thomas Little Carl Hubacher

01224 803000 http://www.marathon.com/

MARUBENI OIL & GAS (NORTH SEA) LIMITED

1st Floor, Burdett House 15-16 Buckingham Street London WC2N 6DU

Gary Nienow Shoetsu Sato Hiromasa Toyota

0207 766 3636 http://europe.marubeni.com/business-activities/groupcompanies.html?id=3

MCX DUNLIN (UK) LIMITED Mid City Place, 71 High Holborn London WC1V 6BA

Jiro Mukai Michio Kawamata Tetsuya Nishigaki Eisuki Shiozaki Yusuke Uchimura

0207 025 3445 Web: http://www.mitsubishicorp.com

MITSUI E&P UK LIMITED 8th & 9th Floor, 1 St Martin's Le Grand, London EC1A 4AS

Naoki Ishii Yutaka Tsuji Chisumi Tanaka Nobuo Ishii Tomonori Nomura Fusaaki Matsumoto Toru Matsui Koji Asanuma

0207 822 0321 http://www.moeco.com/en/project/britain.html

MOLGROWEST (I) LIMITED Riverside House, Riverside Drive, Aberdeen, AB11 7LH

Carl Grenz Caroline McGovern Christopher Bird Kornel Toth Csaba Raisz Stephen Kemp

01224 224300 http://www.molgroup.hu

MURPHY PETROLEUM LIMITED 4 Beaconsfield Road, St. Albans Hertfordshire AL1 3RH

Walter Compton Earl Botner Michael Jackson

01727 892400 http://www.murphyoilcorp.com

80

NEXEN PETROLEUM U.K. LIMITED Prospect House, 97 Oxford Road Uxbridge UB8 1LU

Ray Riddoch Ian Smale Gina Barber Zhi Fang Jamie Doyle

01895 237700 www.nexencnoocltd.com

NIO PETROLEUM (SABAH) LIMITED Annan House Palmerston Road Aberdeen AB11 5QP

Stefan Ricketts Paul Massie Craig Stewart Neil McCulloch

01224 975000 http://www.enquest.com

Nippon Oil 8th Floor 199 Bishopsgate London EC2M 3TY

Timothy Blackford Kemmei Nakata Masahiro Ozawa Takuya Wada Akira Omachi

0207 309 7650 http://www.nex.jx-group.co.jp/english/

NOBLE ENERGY (OILEX) LIMITED Oceana House, 154 High Street Sevenoaks TN13 1XE

John Huser Amy Jolly

01732 741999 http://www.nobleenergyinc.com

NORECO OIL (UK) LIMITED 15 APPOLD STREET LONDON EC2A 2HB

Sije Augustson Tommy Sundt

00 47 99 28 39 00 http://www.noreco.com/en/

NORTH SEA ENERGY (UK) LIMITED Brodies House, 31-33 Union Grove ABERDEEN AB10 6SD

Ian Lambert 00 1 416 366 4700

www.northseaenergy.ca/aboutus.html

Northern Petroleum plc Chester House, Unit 3.01 Brixton Road London SW9 6DE

Nicholas Morgan Keith Bush

0207 469 2900 http://www.northernpetroleum.com/

NSGP (Ensign) Limited 22 Grenville Street St. Hellier Jersey JE4 8PX

81

OMV (U.K.) LIMITED 62 Buckingham Gate London SW1E 6AJ

Michael Flanagan Walter Hamilton David Latin Vincent Graham Bernd Kammlander Ant Van Der Haarten

0207 821 7777 http://www.omv.com

ONSHORE PRODUCTION SERVICES LIMITED

SOUTHOLME, TRINITY STREET Gainsborough Lincolnshire DN21 2EQ

John Sang Karl Wilkinson Richarsd Wilkinson

ORANJE-NASSAU ENERGIE HANZE (UK) LTD

UNStudio, 7th Floor Parnassusweg 815 1082 LZ Amsterdan

Jan Onderdijk Marcel Van Poecke Rijkman Groenink Alexandr Berger CEO Theo Bergers COO Arnoud Emke Chris De Ruyter CFO

00 31 205 354100 http://www.onebv.com/

Paladin Resources Limited 163 Holburn Street, Aberdeen AB10 6BZ

Douglas Whyte Paul Warwick Donna Skinner

01224 352500 http://www.talisman-sinopec.com/

PARKMEAD GROUP plc 4 Queens Terrace Aberdeen AB10 1XL

Thomas Cross Ryan Strougler Dr Colin Percival David Rawlinson Philip Dayer

01224 622200 http://www.parkmeadgroup.com/

Perenco UK Limited 10 Duke of York Square, London SW3 4LY

Nicholas Fallowes Jonathan Parr Jan Ruskin Kim Kallmeyer Brian James

0207 901 8200 http://www.perenco.com

82

Franck Dy

PREMIER OIL UK LIMITED Upper Denburn House Prime Four Business Park Kingswells Causeway Kingswells Aberdeen AB15 8PU

Anthony Durrant Neil Hawkings Robert Allan Rachel Benjamin Richard Rose Stuart Wheaton Julie Forsyth Dean Griffin

01224 318900 http://www.premier-oil.com/

RIGEL PETROLEUM (NI) LIMITED Talisman House 163 Holburn Street Aberdeen AB10 6BZ

John Forrest Paul Warwick Yi Zhang John Baillie Luis Aurelio Carbra

01224 352500 http://www.talisman-energy.co.uk

ROC OIL (GB) LIMITED High Street Saxilby Lincoln LN12 2JQ

Neil Butler Anthony Neilson

http://www.rocoil.com.au

SCHIEHALLION OIL & GAS LIMITED Shell Centre London SE1 7NA

Simon Willems George Paul Mark Tough

01372 229500 http://www.shell.co.uk

SHELL U.K. LIMITED 1 Altens Farm Road Nigg Aberdeen AB12 3FY

David Moss Michael Coates Trui Hebbelinck Erik Bonino Joanne Wilson Nigel Hobson Paul Goodfellow

01224 882 000 http://www.shell.co.uk

83

SOJITZ ENERGY PROJECT LIMITED 7th Floor Northern & Shell Bldg 10 Lower Thames Street London EC3R 6EQ

Masahiro Matsuura Takahiro Ebisu Tetsuo Haruna

0207 337 7800 http://www.sojitz.com/en/

SPIKE EXPLORATION UK LTD 17 Cavendish Sq. London W1G 0PH

Ivan Inchenko Lars Hesselbom Alf Thorkildson

0203 008 7642 http://www.spike-x.com/

SSE E&P UK Limited Inveralmond House 200 Dunkeld Road Perth PH1 3AQ

James Smith Martin Pibworth Edward Lawns

01738 456000 http://www.sse.com/

STAR ENERGY OIL & GAS LIMITED 7 DOWN STREET LONDON W1J 7AJ

Stephen Bowler John Blaymires

0207 993 9899 http://www.igasplc.com

STATOIL (U.K.) LIMITED 1 Kingdom Street, London, W2 6BD

Gunnar Breivik Svein Skeie Christopher Andrews Robert Adams Grete Haaland

0203 204 3200 http://www.statoil.com

Sterling Resources Limited 30 Abercrombie Court Arnhall Business Park Westhill Aberdeen AB32 6FE

Jacob Ulrich David Miller Teck Soon Kong

01224 806610 www.sterling-resources.com/aberdeen.html

SUMMIT EXPLORATION & PRODUCTION LTD

23 COLLEGE HILL LONDON EC4R 2RP

Tadashi Fujimagari Richard Saxby Carl Smith Yukio Kanazawa Satoru Sugiura Watoru Sato

0207 429 3500 http://summiteandp.com/

84

SUNCOR ENERGY UK LIMITED 28b Albyn Place Aberdeen AB10 1YL

Ronald Davie Steven Trueman Mark Thalgott

01224 565600 Web: http://www.suncor.com

TALISMAN SINOPEC ENERGY UK LIMITED

163 Holburn Street, Aberdeen AB10 6BZ

Roger Ramshaw Paul Warwick Yi Zhang Luis Aurelio Cabra

01224 352500 http://www.talisman-energy.co.uk

TAQA BRATANI LIMITED Taqa Bratani Limited Prospect Road, Westhill, Aberdeenshire, AB32 6FE

Peter Jones Edward Lafehr

01224 275275 http://www.taqa.ae

TERRAIN ENERGY LIMITED 104 PARK STREET LONDON W1K 6NF

Arthur Glencross Eric King Stephen Jenkins

0207 518 1714 http://terrain-energy.com/

Third Energy UK Gas Limited Knapton Genern. Station East Knapton Molton YO17 8JF

Rasik Valand John Dewar David Robottom

01944 758746 http://www.third-energy.com/

TOTAL E&P UK LIMITED Crawpeel Road, Altens Industrial Estate, Aberdeen, AB12 3FG

Philippe Guys Pierre Bousquet Alain Pouthas Michael Borrell

01224 297000 http://www.uk.total.com

TRANSWORLD PETROLEUM (U.K.) LIMITED

163 Holburn Street, Aberdeen AB10 6BZ

Paul Warwick Yi Zhang John Baillie Luis Aurelio Cabra

01224 352500 http://www.talisman-sinopec.com

TRAP OIL LTD 10 The Triangle, NG2 Business Park Nottingham NG2 1AE

Martin David Scott Brown

0203 170 5586 http://www.trapoil.com

85

Tullow Oil SK Limited 9 Chiswick Park 566 Chiswick High Road London W4 5XT

Alan Martin Ian Springett Paul McDade Kevin Massie Ruprt Rowland-Clark

0203 249 9000 http://www.tullowoil.com/

UK Oil & Gas Investments plc Suite 3B, Jermyn Street London SW1Y 6DN

Donald Strang Jason Berry Stephen Sanderson

0207 440 0640 http://www.ukogplc.com/

VALIANT NORTH SEA LIMITED 8 Rubislaw Terrace Aberdeen AB10 1XE

Graham Forbes Leslie Thomas

01224 638 582 http://www.ithacaenergy.com/

Verus Petroleum (SNS) Limited 3 Queens Gardens Aberdeen AB15 4YD

Peter Campbell Alan Curran Colin Christie John Baillie Nico Brunsmann

01224 659120 http://www.bridge-energy.com/

Wingas Storage UK Limited Building 3 Chiswick Business Park 566 Chiswick High Road London W4 5YA

Vladimir Khandokhin Detlef Weidermann Andreas Renner Helmut Cordes Wolfgang Kratzmueller Sergey Shkurov

0208 849 8760 http://www.wingas-storage.com/

ZEUS PETROLEUM LIMITED

4 Queens Terrace Aberdeen AB10 1XL

Thomas Cross Ryan Strougler

01224 622200 http://www.parkmeadgroup.com/

86

Conversion factors used: Conversion of Barrels to Tonnes @ Rate (Barrels x 0.136 =Tonnes) Source: BP Statistical Review of World Energy (various years)

Conversion of Standard Cubic Feet to Cubic Metres @ Rate (SCuFt x 0.028 =CuM) Source: BP Statistical Review of World Energy (various years)