UKCS Production Efficiency 2019
Production efficiency on the UK Continental Shelf (UKCS) has improved for the seventh consecutive year and for 2019 reached 80%, three years ahead of the 2022 target.
The 2019 Production Efficiency report, which can be viewed here shows a five percentage point increase on 2018 and reveals that every region of the UKCS reported a rise, except West of Shetland which saw no change.
The increase was driven by a 25% reduction in production losses compared with 2018, which represented 50 million barrels of oil equivalent (boe).
In addition, plant losses decreased by 29%; planned shutdowns ran to schedule with just a 1% overrun on planned time, against 15% overrun in 2018; and every region of the North Sea saw an increase in actual wellhead production from the previous year, expect for the Southern North Sea.
Increased production efficiency often corresponds to lower emissions intensity on production facilities and the 23% improvement since 2014 has contributed to around 10% reduction in carbon emissions intensity over the same period.
The report features fully interactive dashboards, allowing industry to study the information, including previous year's data, more easily. The report also highlights:
- 2019 saw a 40% decrease in losses from unplanned shutdowns and a 26% reduction in losses from planned shutdowns.
Four categories comprised 50% of all production losses in 2019, these being: Planned Shutdown, Gas System, Oil System and Reservoir
Any operator can request a bespoke operator benchmarking pack from the OGA by emailing: PPR.Team@ogauthority.co.uk Packs contain more detailed information about hub and operator level performance relative to others in the UKCS.
The methodology for calculating PE used by OGA can be found here.