The OGA is committed to maximising the well value cycle on the UKCS through effective regulation, promotion and by using its influence with licensees, the supply chain and relevant bodies.
Our Wells Insights Report 2018 provides a comprehensive insight into UKCS well stock and activity which will provide extremely valuable information for operators, service and technology providers.
The report’s key messages emphasise the requirement to substantially increase new well drilling, coupled with improved performance, to deliver the substantial UKCS reserves potential, improve well management to maximise production, and a need to improve well abandonment planning to reduce costs.
We will publish a Wells Strategy and Stewardship Expectation in 1Q 2019.
Links to further OGA information
Wells Data from our Data Centre