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The United Kingdom's Development of Its North Sea Oil and Gas Reserves
The annual DTI report on the development of the oil and gas resources of the UK is known in the industry as the 'Brown book'. This year's edition contains information on the UK upstream industry, with estimates of oil and gas reserves on the UK Continental Shelf (UKCS) and facts and figures on oil and gas exploration, development and production. It includes financial and economic information about the impact of oil and gas production on the UKCS and coverage of the offshore environmental regime. Appendices cover specific aspects of oil and of oil and gas development, such as licences issues, wells drilled, significant discoveries, oil and gas fields in production and under development, production statistics and expenditure by operators. There is a substantial section of coloured maps of oil and gas fields.
This book is a contribution to the history of a vital stage of UK technical and economic development, perhaps the most important since the Second World War. It shows, from an industrial viewpoint, how the British handled the exploitation of their most significant natural resource gain of the 20th century. Notwithstanding the nearly 30 years of government support through the Offshore Supplies Office, the UK has not reaped the full benefit of the North Sea discoveries; this book attempts to explain why. It will assist governments and industries faced with future instances of unforeseen, specialist and large-scale new demand to manage their reactions more effectively. It also throws light on how governments can pursue strategic industrial objectives while leaving market mechanisms to function with minimal interference, something some administrations – perhaps even the British – may wish to do now or in the future. Covers the entire period from the first well offshore Britain until the dismantling of the specific British industrial policy measures for offshore supplies Based in large measure upon archives not previously accessed and the private testimony/papers of participants 'Drills down' to the level of individual company decisions through case study and other material The only properly researched description of how the world’s first major local content initiative developed
Monograph describing the development and economic implications of natural gas and petroleum found in the North sea coastal waters of the UK - discusses the extent of these petroleum resources, their value as energy source and their economic impact relating to the balance of payments, investment, economic growth, power supply trends, energy policy, petroleum industry offshore installation development, etc. Charts, diagrams, graphs, references and statistical tables.