United Kingdom (UK) Oil and Gas Exploration and Production Market Volumes and Forecast by Terrain, Assets and Major Companies, 2021-2025
Summary
Most of the production of the United Kingdom comes from the rich offshore resource base straddled across the North Sea, Irish Sea and West of Shetlands. Current production is estimated to be around 1.5 million barrels of oil equivalent per day (mmboed). GlobalData estimates remaining reserves from existing and upcoming projects of around 4.3 billion barrels of crude oil and condensate and approximately 17.5 trillion cubic feet (tcf) of gas reserves.
Scope
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