Uk oil output 50 percent higher by 2018

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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 July 2014 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.

description

I thought I'd look at UK Oil Output to see if it is falling as we're being told. What I found was record investment, the highest since the 1970's and output likely to rise by 50% between now and 2018. Ssshhh - don't tell the Scots!

Transcript of Uk oil output 50 percent higher by 2018

Page 1: Uk oil output 50 percent higher by 2018

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

July 2014

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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Contents

1) Executive Summary

2) Operators in 2014

3) Oil Production in 2013

4) Gas Production in 2013

5) New Fields 2013

6) Field Development Pipeline

7) Declining Output & De-commissioning

8) Company Turnover & Taxation

9) Company Profiles & Contact Details

Note: Cover photo of new Clair Ridge jackets courtesy of BP

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1) Executive Summary

Oil and Gas production on the UK Continental Shelf has continued to decline in the latest year.

Oil production excluding NGLs totalled 37.9 Million Tonnes in 2013, down from 42.5

in 2012.

Gas production was 42,318 MMCuM a fall of 3,491 MMCuM from 2012

Nexen tops the list of Oil producers in 2013 with output of 4.9 million Tonnes.

Centrica heads up the gas list with 8.410Bn Cubic Metres produced in 2013 including production from the Rough storage facility.

1,1

15

11,5

23

37,2

67 52

,367

76,0

75

78

,61

5

87,6

08

100,

254

109,

437

121,

549

122,

487

120,

943

118,

838

10

9,7

59

87,2

46

88,4

21

87,3

01

89,4

41

93,5

32

115,

697

120,

195

121,

763

120,

344

124,

215

129,

163

118,

075

109,

522

108,

264

99,0

62

88

,71

5

78

,16

4

70,9

04

70,9

64

66,4

18

63,3

23

58,9

24

49,0

78

42

,47

6

37,8

76

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

1975

1976

1977

1978

1979

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

UKCS Oil Output (Thousand Tonnes) 1975-2013

Source: DECC UK Annual Oil Production Published 01/Jun/2014 https://www.og.decc.gov.uk/pprs/full_production.htm

88,

692

105

,046

110

,748

116

,572

125

,024

133

,479

130

,903

125

,418

123

,362

11

3,0

27

101

,148

92,

233

82,

675

80,

396

69,

429

67,

651

52,

070

45,

809

42,

318

-

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

1995

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

UKCS Gas Output (MMCuM) 1995-2013

Source: DECC UK Annual Gas Production Dry & Associated 01 Jun 2014 https://www.og.decc.gov.uk/pprs/full_production.htm

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The following new fields were brought on stream in 2013: o BALLOCH o CORMORANT EAST o FIONN o HUNTINGTON o JASMINE o ROCHELLE o TONTO o KIMMERIDGE

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 37.9 Million Tonnes in 2013. The additions under way target additional production of 42.9 Million Tonnes by 2018. 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 being hidden from the public as both DECC and the OBR forecast no increase in output over the period. This isn’t credible.

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 no increase in output over the same period. This seems impossibly negative. The impossibly negative DECC projection is the one the OBR chose to attack Scottish Government projections. The OBR analysis is partial, it doesn’t reflect reality – its wrong.

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

1975

19

76

1977

19

78

1979

19

80

1981

19

82

1983

19

84

1985

19

86

1987

19

88

1989

19

90

1991

19

92

1993

19

94

1995

19

96

1997

19

98

1999

20

00

2001

20

02

2003

20

04

2005

20

06

2007

20

08

2009

20

10

2011

20

12

2013

20

14

2015

20

16

2017

20

18

2019

20

20

Tho

usa

nd

To

nn

es

UK Crude Oil Production by start-up year of field (1975-2013 Actual & 2014-2020 Projected)

Source: DECC Annual Oil Prodn 1975-2013, Company Data 2014-2020

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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 PETROLEUM ENGINEERING CONSULTANTS

AIMWELL ENERGY

ALKANE ENERGY PLC

ALPHA PETROLEUM UK HOLDINGS

ALTWOOD PETROLEUM

AMERICAN ENERGY DEVELOPMENT CORP.

ANGUS ENERGY LIMITED

ANTRIM RESOURCES

APACHE CORPORATION

ARDENT OIL

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

BRIDGE ENERGY ASA

BRIGANTES ENERGY

BRITISH DRILLING AND FREEZING COMPANY

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

CNR INTERNATIONAL

CONNAUGHT OIL & GAS LTD.

CONOCOPHILLIPS

CORFE ENERGY

CUADRILLA RESOURCES

DANA PETROLEUM

DANSK OLIE OG NATURGAS A/S

DART ENERGY (EUROPE) LIMITED

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DELEK ENERGY SYSTEMS

DORIEMUS PLC

DYAS B.V.

DYON UK LIMITED

E.ON E&P UK LIMITED

ECORP INTERNATIONAL

EDEN ENERGY LIMITED

EDISON SPA

EGDON RESOURCES

ENCOUNTER OIL

ENDEAVOUR INTERNATIONAL

ENEGI OIL PLC

ENERGY RESOURCE TECHNOLOGY

ENI UK LIMITED

ENOVATION RESOURCES

ENQUEST PLC

EOG RESOURCES INC.

EUROPA OIL AND GAS

EXXONMOBIL INTERNATIONAL

FAIRFIELD ENERGY LIMITED

FAROE PETROLEUM PLC

FIRST OIL EXPRO

GAS-UNION GMBH

GAZPROM INTERNATIONAL

GDF SUEZ E&P

GROLIFFE

GTO LIMITED

HANSA HYDROCARBONS

HESS LIMITED

HURRICANE EXPLORATION

IDEMITSU KOSAN

IGAS PLC

INDEPENDENT OIL AND GAS

INFRASTRATA PLC

INPEX CORPORATION

IONA ENERGY COMPANY

ITHACA ENERGY INC.

JETEX PETROLEUM

KUWAIT PETROLEUM CORPORATION

LOW NEW BIGGIN OIL

MAERSK GROUP

MAGELLAN PETROLEUM CORPORATION

MARATHON OIL UK LIMITED

MARUBENI OIL & GAS

MIDMAR ENERGY

MITSUBISHI CORPORATION

MITSUI E&P UK LIMITED

MOL GROUP

MONTROSE INDUSTRIES

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MOORLAND ENERGY

MPX OIL & GAS

MURPHY PETROLEUM

NATIONAL IRANIAN OIL CO.

NEBULA RESOURCES LIMITED

NEWTON ENERGY CORPORATION

NEXEN PETROLEUM

NIPPON OIL CORPORATION

NOBLE ENERGY EUROPE

NORTH SEA ENERGY INC.

NORTHERN PETROLEUM PLC

NORWEGIAN ENERGY COMPANY ASA

OK ENERGY LIMITED

OMV (UK) LIMITED

ONSHORE OILFIELD SERVICES LIMITED

ORANJE-NASSAU ENERGIE

OYSTER PETROLEUM

PA RESOURCES AB

PARKMEAD GROUP PLC

PERENCO OIL & GAS

PETROFAC

PETRONAS ENERGY TRADING

PREMIER OIL PLC

PROVIDENCE RESOURCES

REACH OIL & GAS

RESERVOIR RESOURCES LIMITED

ROC OIL (UK) LIMITED

ROCKSOURCE ASA

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

STAVANGER PETROLEUM

STELINMATVIC INDUSTRIES

STERLING RESOURCES

SUMITOMO CORPORATION

SUNCOR ENERGY INC.

SWIFT EXPLORATION

TALISMAN SINOPEC ENERGY

TAQA EUROPA B.V.

TERRAIN ENERGY

THE CHATSWORTH ESTATES COMPANY

THIRD ENERGY

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TOTAL UPSTREAM UK LIMITED

TRAP OIL GROUP PLC

TULLOW UK

TWO SEAS OIL & GAS

U.K. GAS LIMITED

U.K. ONSHORE GAS LIMITED

UNMANNED PRODUCTION BUOY

VERITAS GEOPHYSICAL

WARWICK ENERGY

WESTOIL LIMITED

WINGAS GMBH

WINTERSHALL B.V.

XCITE ENERGY

YORKSHIRE EXPLORA

3) Oil Production Oil Production by Field:

Field Name 2013 Production (Tonnes)

BUZZARD 9,083,080.00

FORTIES 1,980,790.00

CAPTAIN 1,570,450.00

FOINAVEN 1,357,160.00

ALBA 911,490.00

WYTCH FARM 823,250.00

NELSON 583,650.00

CLAIR 545,100.00

BACCHUS 540,710.00

NINIAN 540,300.00

HARDING 527,950.00

DON SOUTH WEST 525,690.00

TELFORD 465,400.00

MACHAR 460,800.00

ETTRICK 440,820.00

BERYL 435,490.00

ATHENA 435,260.00

CALLANISH 435,090.00

CORMORANT NORTH 432,070.00

SCOTT 417,740.00

BITTERN 400,310.00

WEST BRAE 400,290.00

MUNGO 389,560.00

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NEVIS 381,690.00

FRANKLIN 378,430.00

BLAKE 373,140.00

HUNTINGTON 366,400.00

GRYPHON 356,620.00

TERN 354,200.00

WEST DON 349,070.00

MAGNUS 329,280.00

CHESTNUT 328,570.00

THISTLE 321,900.00

STARLING 267,770.00

ALWYN NORTH 240,210.00

BRITANNIA 222,650.00

COOK 216,910.00

DUNBAR 207,110.00

DOUGLAS 205,170.00

DUNLIN 201,980.00

JADE 197,290.00

BALLOCH 196,470.00

BROOM 194,810.00

STATFJORD 185,700.00

AUK NORTH 180,980.00

MACLURE 179,660.00

CLAYMORE 179,000.00

BLANE 175,740.00

ERSKINE 171,540.00

TWEEDSMUIR SOUTH 169,770.00

JANICE 165,480.00

ELGIN 164,730.00

BRAE SOUTH 160,920.00

DEVENICK 160,630.00

PIPER 160,000.00

MACCULLOCH 158,300.00

BRUCE 156,320.00

BUCHAN 156,160.00

JUDY 151,730.00

MERGANSER 151,700.00

JOANNE 148,580.00

HUDSON 145,210.00

GUILLEMOT A 142,210.00

PELICAN 139,810.00

LOCHRANZA 136,830.00

THELMA 120,920.00

FULMAR 120,360.00

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TULLICH 119,180.00

CORMORANT SOUTH 116,080.00

EVEREST 116,060.00

TIFFANY 109,320.00

AUK 107,430.00

HOWE 104,540.00

BURGHLEY 104,370.00

JASMINE 100,950.00

BLACKBIRD 98,780.00

BEATRICE 93,760.00

ARBROATH 93,280.00

PIERCE 93,130.00

FALCON 91,850.00

GOOSANDER 91,680.00

ORION 87,360.00

HEATHER {AND EXT} 85,820.00

SCHIEHALLION 85,020.00

SEYMOUR 84,720.00

CAUSEWAY 83,640.00

DONAN {MAERSK} 82,840.00

MURCHISON 82,150.00

BRENDA 80,630.00

GROUSE 80,470.00

BRAE CENTRAL 77,700.00

TONTO 76,550.00

GRANT 73,510.00

BRODGAR 73,210.00

AFFLECK 71,890.00

BOA 71,540.00

CLYDE 66,290.00

CLAPHAM 66,050.00

GUILLEMOT NW 65,320.00

DEVERON 63,470.00

BRENT 63,310.00

EIDER 60,920.00

JURA 60,010.00

MAULE 56,730.00

BRAEMAR 55,990.00

MADOES 53,450.00

FLEMING 52,490.00

PENGUIN EAST 47,890.00

ISLAY 47,610.00

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BUCKLAND 47,580.00

MALLARD 46,430.00

KINGFISHER 45,990.00

WOOD 42,670.00

MIRREN 40,700.00

PICT 37,750.00

LYELL 36,060.00

HERON 35,170.00

SAXON 34,030.00

ELLON 33,130.00

BRAE EAST 32,570.00

MARIA 30,900.00

NICOL 30,590.00

SCOTER 30,160.00

COLUMBA BD 29,740.00

WELTON 29,360.00

BRAE NORTH 29,230.00

DOUGLAS WEST 28,620.00

JACKY 26,770.00

JAMES 23,700.00

MERLIN 22,790.00

LOMOND 22,590.00

BARDOLINO 20,700.00

SKENE 20,310.00

SCAPA 20,030.00

DRAKE 19,700.00

BALMORAL 19,620.00

STOCKBRIDGE 19,220.00

SINGLETON 19,040.00

BIRCH 18,980.00

OSPREY 18,680.00

PENGUIN WEST 18,320.00

CORMORANT EAST 17,740.00

STRATHSPEY 16,830.00

ROCHELLE 16,540.00

COLUMBA E 16,230.00

SALTIRE 15,680.00

KITTIWAKE 15,310.00

GUILLEMOT W 14,450.00

GANNET A 13,770.00

SYCAMORE 13,300.00

MONTROSE 13,180.00

DUNLIN SOUTH WEST 12,950.00

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HUMBLY GROVE 11,570.00

CARNOUSTIE 11,540.00

GADWALL 10,140.00

TWEEDSMUIR 8,800.00

HALLEY 8,490.00

ROSS 8,020.00

KEITH 7,870.00

HORNDEAN 6,670.00

MARNOCK 6,530.00

SCAMPTON NORTH 6,260.00

NETHAN 5,710.00

MEDWIN 5,650.00

GLENTWORTH 5,510.00

PLAYFAIR 5,500.00

WAREHAM 5,320.00

CURLEW 5,040.00

LEVEN 4,920.00

NESS 4,790.00

COLD HANWORTH 4,590.00

BECKINGHAM 4,450.00

GAINSBOROUGH 4,450.00

KIMMERIDGE 4,300.00

WEST FIRSBY 4,280.00

STIRLING 4,220.00

LONG CLAWSON 4,090.00

FIONN 3,580.00

AVINGTON 3,540.00

LENNOX 3,400.00

BEINN 3,330.00

SOUTH MAGNUS 2,980.00

WHISBY 2,910.00

HANNAY 2,650.00

LARCH 2,500.00

CORRINGHAM 2,490.00

PALMERS WOOD 2,390.00

EAST GLENTWORTH 2,050.00

STORRINGTON 1,680.00

KEDDINGTON 1,640.00

BOTHAMSALL 1,610.00

FISKERTON AIRFIELD 1,600.00

CROSBY WARREN 1,500.00

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GOODWORTH 1,160.00

BROCKHAM 1,080.00

CURLEW C 930.00

CONRIE 860.00

WEST BECKINGHAM 730.00

LIDSEY 570.00

CHANTER 550.00

REMPSTONE 530.00

HAWKINS 510.00

STAINTON 500.00

SCAMPTON 320.00

HERRIARD 300.00

EGMANTON 270.00

GANNET C 230.00

SOUTH LEVERTON 190.00

NETTLEHAM 160.00

KIRKLINGTON 110.00

FARLEYS WOOD 90.00

GANNET B 40.00

IONA 10.00

OTTER -40.00

Total All Fields 37,876,160.00

Page 14: Uk oil output 50 percent higher by 2018

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9,0

83

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0

1,9

80

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1,5

70

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43

5,2

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43

5,0

90

43

2,0

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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

Page 15: Uk oil output 50 percent higher by 2018

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9,1

41

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2,6

58

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

Page 16: Uk oil output 50 percent higher by 2018

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Oil Production by Company:

Equity Holder

Total (Tonnes)

2013

NEXEN 4,911,022

APACHE NORTH SEA LIMITED 3,056,157

BP 2,439,068

BG Group 2,741,346

SUNCOR ENERGY UK LIMITED 2,715,841

TAQA BRATANI 2,107,386

CHEVRON NORTH SEA LIMITED 1,989,035

TALISMAN SINOPEC ENERGY UK LIMITED 1,584,283

MAERSK OIL 1,472,437

ENQUEST 1,135,825

DANA PETROLEUM 1,012,529

CONOCOPHILLIPS (U.K.) LIMITED 959,022

CNR INTERNATIONAL 879,647

CENTRICA RESOURCES LIMITED 845,612

SHELL 876,672

TOTAL E&P UK LIMITED 731,156

ESSO EXPLORATION AND PRODUCTION UK LIMITED 818,904

ENTERPRISE OIL LIMITED 758,549

MARATHON OIL 670,194

PREMIER OIL 626,095

ITHACA 537,326

ENI 526,058

PERENCO 420,257

EDINBURGH OIL & GAS LIMITED 468,687

ENDEAVOUR ENERGY UK LIMITED 413,250

E. F. OIL AND GAS LIMITED 250,777

FIRST OIL AND GAS 243,081

JX NIPPON EXPLORATION AND PRODUCTION (U.K.) LIMITED 182,063

FAIRFIELD 179,480

STATOIL (U.K.) LIMITED 159,952

DYAS 146,324

MITSUI E&P UK LIMITED 141,200

BHP BILLITON 136,860

TRANSWORLD PETROLEUM (U.K.) LIMITED 134,911

SUMMIT PETROLEUM 123,810

E.ON E&P 135,478

IDEMITSU PETROLEUM UK LTD. 117,334

ATLANTIC PETROLEUM UK LIMITED 93,911

MARUBENI OIL & GAS 83,777

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EWE VERTRIEB GMBH 87,052

MCX (MITSUBISHI) 76,920

SPIKE EXPLORATION UK LTD 65,289

TRAP OIL LTD 65,289

NORECO OIL (UK) LIMITED 73,280

WINTERSHALL 56,495

ISLAND GAS 52,560

STAR ENERGY 49,482

IONA ENERGY COMPANY (UK) LIMITED 54,960

Valiant 53,948

ZEUS PETROLEUM LIMITED 43,526

OMV (U.K.) LIMITED 44,762

SOJITZ ENERGY PROJECT LIMITED 48,144

CIECO EXPLORATION AND PRODUCTION (UK) LIMITED 37,421

FAROE PETROLEUM (U.K.) LIMITED 38,593

Antrim Resources Limited 29,692

ROC OIL (GB) LIMITED 26,783

NOBLE ENERGY (OILEX) LIMITED 22,162

RWE DEA UK SNS LIMITED 18,151

Igas Energy plc 16,290

SCHIEHALLION OIL & GAS LIMITED 13,323

RIGEL PETROLEUM (NI) LIMITED 13,416

HUMBLY GROVE ENERGY LIMITED 11,570

NIO PETROLEUM (SABAH) LIMITED 10,938

Paladin Resources 8,955

EUROPA OIL & GAS 5,780

MURPHY PETROLEUM LIMITED 4,999

GDF SUEZ E&P UK LTD 5,357

BLACKLAND PARK EXPLORATION LIMITED 2,910

NORTH SEA ENERGY (UK) LIMITED 2,677

EGDON RESOURCES 2,246

BRIDGE ENERGY 1,819

ANGUS ENERGY 1,445

CIRQUE ENERGY (UK) LIMITED 1,600

Northern Petroleum plc 845

TERRAIN ENERGY LIMITED 490

Aurora 295

ALBA RESOURCES LIMITED 164

IS E&P Limited 177

IS NV Limited 177

ONSHORE PRODUCTION SERVICES LIMITED 90

ORANJE-NASSAU ENERGIE HANZE (UK) LIMITED 61

FINA EXPLORATION LIMITED 64

37,875,513

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4,9

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56

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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

Page 19: Uk oil output 50 percent higher by 2018

19

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

Page 20: Uk oil output 50 percent higher by 2018

20

Tonnes 2013 Tonnes 2009 Difference

NEXEN 4,911,022 6,810,551 -1,899,529

APACHE NORTH SEA LIMITED 3,056,157 2,955,632 100,525

BG Group 2,741,346 3,282,488 -541,142

SUNCOR ENERGY UK LIMITED 2,715,841 3,461,340 -745,499

TAQA BRATANI 2,107,386 1,607,226 500,160

CHEVRON NORTH SEA LIMITED 1,989,035 3,508,665 -1,519,630

BP 2,439,068 5,429,344 -2,990,276

TALISMAN SINOPEC ENERGY UK LIMITED 1,584,283 3,185,011 -1,600,728

MAERSK OIL 1,472,437 1,733,080 -260,643

ENQUEST 1,135,825 634,174 501,651

DANA PETROLEUM 1,012,529 1,251,446 -238,917

CONOCOPHILLIPS (U.K.) LIMITED 959,022 3,061,329 -2,102,307

CNR INTERNATIONAL 879,647 1,691,334 -811,687

CENTRICA RESOURCES LIMITED 845,612 1,375,380 -529,768

SHELL 1,635,221 4,969,649 -3,334,428

TOTAL E&P UK LIMITED 924,881 2,869,210 -1,944,329

ESSO EXPLORATION AND PRODUCTION UK LTD 818,904 3,043,077 -2,224,173

MARATHON OIL 670,194 1,049,072 -378,878

PREMIER OIL 626,095 700,213 -74,118

ITHACA 537,326 208,016 329,310

ENI 526,058 2,273,101 -1,747,043

PERENCO 420,257

420,257

EDINBURGH OIL & GAS LIMITED 468,687 471,681 -2,994

ENDEAVOUR ENERGY UK LIMITED 413,250 82,797 330,453

FIRST OIL AND GAS 243,081 111,674 131,407 JX NIPPON EXPLORATION AND PRODUCTION (U.K.) LIMITED 182,063 434,367 -252,304

FAIRFIELD 179,480 224,879 -45,399

STATOIL (U.K.) LIMITED 159,952 346,958 -187,006

DYAS 146,324 316,203 -169,879

MITSUI E&P UK LIMITED 141,200

141,200

BHP BILLITON 136,860 369,785 -232,925

TRANSWORLD PETROLEUM (U.K.) LIMITED 134,911 465,484 -330,573

SUMMIT PETROLEUM 123,810 165,726 -41,916

E.ON E&P 135,478 255,989 -120,511

IDEMITSU PETROLEUM UK LTD. 117,334 168,885 -51,551

ATLANTIC PETROLEUM UK LIMITED 93,911 97,493 -3,582

MARUBENI OIL & GAS 83,777 250,648 -166,871

EWE VERTRIEB GMBH 87,052

87,052

MCX (MITSUBISHI) 76,920 96,377 -19,457

SPIKE EXPLORATION UK LTD 65,289

65,289

TRAP OIL LTD 65,289

65,289

NORECO OIL (UK) LIMITED 73,280

73,280

Page 21: Uk oil output 50 percent higher by 2018

21

WINTERSHALL 56,495 115,908 -59,413

ISLAND GAS 52,560

52,560

STAR ENERGY 49,482

49,482

IONA ENERGY COMPANY (UK) LIMITED 54,960

54,960

Valiant 53,948 112,094 -58,146

ZEUS PETROLEUM LIMITED 43,526

43,526

OMV (U.K.) LIMITED 44,762 152,434 -107,672

SOJITZ ENERGY PROJECT LIMITED 48,144 61,836 -13,692 CIECO EXPLORATION AND PRODUCTION (UK) LIMITED 37,421 206,256 -168,835

FAROE PETROLEUM (U.K.) LIMITED 38,593

38,593

Antrim Resources Limited 29,692

29,692

ROC OIL (GB) LIMITED 26,783 105,572 -78,789

NOBLE ENERGY (OILEX) LIMITED 22,162 293,613 -271,451

RWE DEA UK SNS LIMITED 18,151

18,151

Igas Energy plc 16,290

16,290

SCHIEHALLION OIL & GAS LIMITED 13,323

13,323

RIGEL PETROLEUM (NI) LIMITED 13,416 42,791 -29,375

HUMBLY GROVE ENERGY LIMITED 11,570

11,570

NIO PETROLEUM (SABAH) LIMITED 10,938 15,387 -4,449

Paladin Resources 8,955

8,955

EUROPA OIL & GAS 5,780

5,780

MURPHY PETROLEUM LIMITED 4,999 166,704 -161,705

GDF SUEZ E&P UK LTD 62,409 417,180 -354,771

BLACKLAND PARK EXPLORATION LIMITED 2,910

2,910

NORTH SEA ENERGY (UK) LIMITED 2,677 27,004 -24,327

EGDON RESOURCES 2,246

2,246

BRIDGE ENERGY 1,819

1,819

ANGUS ENERGY 1,445

1,445

CIRQUE ENERGY (UK) LIMITED 1,600

1,600

Northern Petroleum plc 845

845

TERRAIN ENERGY LIMITED 490

490

Aurora 295

295

ALBA RESOURCES LIMITED 164

164

IS E&P Limited 177

177

IS NV Limited 177

177

ONSHORE PRODUCTION SERVICES LIMITED 90

90

Petrofac Energy Developments Oceania Ltd 0 7,802 -7,802

ORANJE-NASSAU ENERGIE HANZE (UK) LIMITED 61

61

FINA EXPLORATION LIMITED 64

64

Total 37,875,513 60,682,865 -22,807,352

Page 22: Uk oil output 50 percent higher by 2018

22

Page 23: Uk oil output 50 percent higher by 2018

23

4) Gas Production

Gas Production by Field 2013 (000’s Cubic Meters)

ROUGH STORAGE 3,147,470

MORECAMBE SOUTH 1,871,990

BRITANNIA 1,621,749

SEAN 1,211,030

JURA 1,085,271

BRUCE 997,576

STARLING 983,857

LENNOX 924,572

LEMAN {SHELL} 883,098

CHISWICK 840,800

EVEREST 772,769

FRANKLIN 722,286

JADE 711,430

JUDY 643,682

ALWYN NORTH 622,901

DEVENICK 622,655

LEMAN PERENCO 606,088

ISLAY 604,135

BERYL 571,913

BRENT 514,182

BRAE EAST 497,804

MERGANSER 479,619

FLEMING 477,038

ELGIN 463,748

WEST SOLE 458,627

BARQUE 452,468

SATURN {ATLAS, HYPERION, RHEA} 429,835

WINGATE 402,169

BUZZARD 399,804

SCOTER 375,717

RAVENSPURN NORTH 369,121

GALLEON 333,473

DUNBAR 321,114

YORK 316,023

CARAVEL 314,564

NEVIS 314,336

INDE PERENCO 311,443

ROUGH PRODUCTION 309,372

GROVE 309,014

Page 24: Uk oil output 50 percent higher by 2018

24

LOMOND 302,141

KETCH 296,432

CLIPPER SOUTH 282,256

GRANT 279,171

BABBAGE 268,875

BRAEMAR 261,834

STATFJORD 253,946

BOULTON 250,221

MORECAMBE NORTH 243,393

MURDOCHK 238,387

JOANNE 235,119

SKENE 232,050

MINERVA 231,483

ERSKINE 227,017

TELFORD 219,620

BRODGAR 216,175

CARRACK 211,951

CUTTER 210,595

AMETHYST E 210,581

FOINAVEN 201,697

HEWETT 200,468

RAVENSPURN SOUTH 200,432

KATY 199,785

VICTOR 189,494

CLIPPER 185,735

HYDE 178,113

FORVIE 171,527

MAGNUS 171,422

APOLLO 164,703

SHAMROCK 163,623

MILLOM 162,745

NUGGETS 161,290

MURDOCH 154,557

SEVEN SEAS 153,194

SKIFF 150,503

ENSIGN 149,863

CAVENDISH 149,567

KINGFISHER 148,146

WHITTLE 146,022

ERIS 131,629

JOHNSTON 129,984

NEPTUNE 126,021

ELLON 125,296

CERES 122,727

Page 25: Uk oil output 50 percent higher by 2018

25

BRAE NORTH 116,178

MCADAM 114,249

ANNABEL 111,932

HAMILTON 109,298

SCHOONER 107,929

VIKINGB 107,351

MUNGO 106,854

BELL 106,781

INDE SOUTH WEST 102,733

MIRREN 101,000

FORTIES 100,449

NINIAN 100,374

SEYMOUR 99,330

DRAKE 98,373

HARDING 93,773

VULCAN 93,311

CHESTNUT 93,215

MARIA 92,664

HOTON 92,465

BLAKE 92,378

HUMBLY GROVE 91,418

SCOTT 88,894

MALORY 87,622

ROCHELLE 84,471

GANYMEDE 83,100

JASMINE 81,182

MARNOCK 79,736

VALIANT SOUTH 79,568

THELMA 76,460

TYNE NORTH 74,286

LEMAN SOUTH 74,232

COOK 73,802

BRAE SOUTH 73,581

CAPTAIN 71,999

CALLANISH 70,621

MACHAR 68,825

HUNTINGTON 68,463

BITTERN 68,398

CAISTER CARBONIFEROUS 67,495

NELSON 66,001

MUNRO 65,873

LANCELOT 65,500

ALBA 65,237

EXCALIBUR 64,163

Page 26: Uk oil output 50 percent higher by 2018

26

TRENT 63,716

SALTFLEETBY 59,274

WENLOCK 57,957

ETTRICK 57,244

RITA 57,013

KILMAR 52,978

TWEEDSMUIR SOUTH 51,181

HAMILTON NORTH 48,906

AMETHYST W 47,194

MIMAS 44,405

GALAHAD 44,124

VALIANT NORTH 43,679

BRAE CENTRAL 41,276

MERCURY 40,723

HOWE 40,576

VIXEN 40,268

BREAGH 39,142

GANNET A 35,811

CLAIR 34,232

PICKERILL 33,323

VICTORIA 32,997

EUROPA 32,066

AFFLECK 31,709

VALKYRIE 30,579

DALTON 30,311

MACLURE 29,888

HERON 28,534

WYTCH FARM 28,497

ORION 28,399

BACCHUS 27,348

CORMORANT NORTH 27,336

THISTLE 26,432

TYNE SOUTH 26,119

BUCKLAND 25,861

MARKHAM 25,379

WAVENEY 24,715

WOOD 24,655

CLEETON 24,353

BEINN 23,448

ANGLIA 23,327

GARROW 23,095

DON SOUTH WEST 22,549

DOUGLAS 22,352

DAVY 22,304

Page 27: Uk oil output 50 percent higher by 2018

27

PENGUIN EAST 22,248

STRATHSPEY 22,235

BALLOCH 22,165

GANNET B 22,129

MURCHISON 20,390

PIERCE 19,823

AUK NORTH 19,679

BROOM 19,666

TETHYS 19,266

CURLEW 19,147

TERN 18,717

FULMAR 18,651

VANGUARD 18,649

JANICE 18,576

WEST BRAE 18,536

BIRCH 18,281

TIFFANY 18,067

ATHENA 17,911

TULLICH 17,694

BOYLE 17,194

MACCULLOCH 16,457

BOA 15,143

GRYPHON 14,890

HEATHER {AND EXT} 14,416

MORDRED 14,259

TOPAZ 14,134

WINDERMERE 13,835

LOCHRANZA 13,382

PIPER 13,040

SCHIEHALLION 11,755

GUILLEMOT A 11,238

BRENDA 11,092

WEST DON 10,962

GAWAIN 10,688

BLACKBIRD 10,449

ARBROATH 10,285

MADOES 10,284

NEWSHAM 9,844

GUILLEMOT NW 9,667

BAIRD 9,636

BURE WEST 9,421

DONAN {MAERSK} 9,285

BLANE 9,270

DUNLIN 9,057

Page 28: Uk oil output 50 percent higher by 2018

28

YARE 8,918

DAVY EAST 8,608

PENGUIN WEST 7,368

KEITH 7,360

MALLARD 7,262

CLYDE 6,461

GUINEVERE 6,432

GUILLEMOT W 6,404

CARNOUSTIE 6,329

HUDSON 6,209

BOULTONH 6,200

BUCHAN 6,022

PICT 5,989

SALTIRE 5,894

SINGLETON 5,825

BROWN 5,782

AUDREY 5,577

CLAYMORE 5,350

GROUSE 5,286

VISCOUNT 4,901

NICOL 4,880

HAWKINS 4,795

OTTER 4,656

EIDER 4,607

BARDOLINO 4,054

GOOSANDER 3,932

COLUMBA BD 3,693

TONTO 3,682

AUK 3,573

SAXON 3,573

PLAYFAIR 3,499

SYCAMORE 3,219

BURE 2,941

TWEEDSMUIR 2,822

CORMORANT EAST 2,763

MAULE 2,738

HALLEY 2,576

BEATRICE 2,510

FALCON 2,373

PICKERING 2,203

KIRBY MISPERTON 2,169

CAUSEWAY 2,085

COLUMBA E 2,049

DEVERON 2,011

Page 29: Uk oil output 50 percent higher by 2018

29

MONTROSE 1,928

KITTIWAKE 1,758

THAMES 1,742

BURGHLEY 1,705

WELTON 1,626

CORMORANT SOUTH 1,532

CLAPHAM 1,330

KEDDINGTON 1,285

ROSS 1,183

SCAPA 1,122

SOUTH MAGNUS 1,054

JACKY 825

WENSUM 727

JAMES 670

DOUGLAS WEST 648

NETHAN 631

MEDWIN 625

GANNET C 618

LEVEN 602

STORRINGTON 528

BALMORAL 496

DUNLIN SOUTH WEST 488

HANNAY 453

MERLIN 411

PELICAN 405

GADWALL 395

LYELL 372

DOE GREEN 358

LARCH 348

SCAMPTON NORTH 335

OSPREY 311

AIRTH DEVELOPMENT 300

MARISHES 235

NESS 232

HORNDEAN 225

CHANTER 218

PALMERS WOOD 199

CAISTER BUNTER 168

REMPSTONE 163

COLD HANWORTH 161

CROSBY WARREN 119

FIONN 115

STIRLING 90

ELSWICK 79

Page 30: Uk oil output 50 percent higher by 2018

30

LONG CLAWSON 70

STOCKBRIDGE 69

CURLEW C 66

EAST GLENTWORTH 38

CONRIE 25

SCAMPTON 13

AVINGTON 12

STAINTON 12

THURNE 10

STAMFORD 7

DELILAH 3

HERRIARD 1

IONA 1

KESTREL 1

NORTH DAVY 1

TEAL SOUTH 1

Total 42,317,610

Page 31: Uk oil output 50 percent higher by 2018

31

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

Page 32: Uk oil output 50 percent higher by 2018

32

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

Page 33: Uk oil output 50 percent higher by 2018

33

Gas Production by Company (Million Cubic Metres)

Equity Holder Co Total

CENTRICA 8,410

TOTAL E&P UK LTD 4,357

PERENCO UK LIMITED 3,274

ESSO E&P UK LIMITED 3,370

SHELL U.K. LIMITED 3,096

CONOCOPHILLIPS PETROLEUM LIMITED 2,876

BG NORTH SEA HOLDINGS LIMITED 2,522

ENI ULX LIMITED 1,421

BP EXPLORATION OPERATING CO LTD 1,250

TAQA BRATANI LNS LIMITED 1,167

SSE E&P UK LIMITED 1,167

CHEVRON NORTH SEA LIMITED 980

APACHE NORTH SEA LIMITED 813

BHP BILLITON PETROLEUM LIMITED 672

TULLOW OIL SK LIMITED 554

RWE DEA UK SNS LIMITED 546

E.ON E&P UK LIMITED 529

NEXEN PETROLEUM U.K. LIMITED 475

ENTERPRISE OIL LIMITED 439

MARATHON OIL U.K. LLC 414

DANA PETROLEUM (E&P) LIMITED 385

GDF SUEZ E&P UK LTD 360

TALISMAN SINOPEC N SEA LTD 236

CNR INTERNATIONAL (U.K.) LIMITED 228

Wintershall Noordzee 205

BURLINGTON RESOURCES (IRISH SEA) LIMITED 193

MAERSK OIL UK LIMITED 182

BOWLAND RESOURCES LIMITED 168

MITSUI E&P UK LIMITED 154

SUNCOR ENERGY UK LIMITED 120

JX NIPPON E & P (U.K.) LIMITED 120

NSGP (ENSIGN) LIMITED 112

BAYERNGAS EUROPE LIMITED 106

EDF PRODUCTION UK LTD 98

HUMBLY GROVE ENERGY LIMITED 91

PREMIER OIL UK LIMITED 88

Gazprom Germania 80

FAIRFIELD ACER LIMITED 78

SOJITZ ENERGY PROJECT LIMITED 75

ENQUEST 71

ENDEAVOUR ENERGY UK LIMITED 64

MARUBENI OIL & GAS (U.K.) LIMITED 62

ITHACA ENERGY (UK) LIMITED 61

Page 34: Uk oil output 50 percent higher by 2018

34

Gas-Union 60

WINGAS STORAGE UK LIMITED 59

OMV (U.K.) LIMITED 50

STATOIL EXPLORATION (U.K.) LIMITED 46

FIRST OIL EXPRO LIMITED 46

SUMMIT PETROLEUM LIMITED 44

IONA UK HUNTINGTON LIMITED 43

DYAS UK LIMITED 31

EnCore Oil plc 25

BRIDGE ENERGY (SNS) LIMITED 25

ATP OIL & GAS (UK) LIMITED 25

HANSA HYDROCARBONS (LAPS) LIMITED 24

EDINBURGH OIL & GAS LIMITED 21

ATLANTIC PETROLEUM UK LIMITED 20

TRANSWORLD PETROLEUM (U.K.) LIMITED 19

IDEMITSU PETROLEUM UK LTD. 16

NORECO OIL (UK) LIMITED 14

STERLING RESOURCES LTD 12

CALENERGY GAS LIMITED 9

FAROE PETROLEUM (U.K.) LIMITED 8

EOG RESOURCES UNITED KINGDOM LIMITED 8

ISLAND GAS LIMITED 7

VIKING UK GAS LIMITED 5

EWE VERTRIEB GMBH 4

MCX OSPREY (UK) LIMITED 3

SNS (E&P) LIMITED 3

SPIKE EXPLORATION UK LTD 3

TRAP OIL LTD 3

STAR ENERGY OIL & GAS LIMITED 2

NOBLE ENERGY (OILEX) LIMITED 2

EUROIL EXPLORATION LIMITED 2

SCHIEHALLION OIL & GAS LIMITED 2

ZEUS PETROLEUM LIMITED 2 CIECO EXPLORATION AND PRODUCTION (UK) LIMITED 2

ROC OIL (GB) LIMITED 1

Valiant Causeway Limited 1

EGDON RESOURCES U.K. LIMITED 1

NIO PETROLEUM (SABAH) LIMITED 1

Antrim Resources Limited 1

MURPHY PETROLEUM LIMITED 1

IGAS ENERGY (CAITHNESS) LIMITED -

DART ENERGY (FORTH VALLEY) LIMITED -

TERRAIN ENERGY LIMITED -

ALBA RESOURCES LIMITED -

EUROPA OIL & GAS LIMITED -

Page 35: Uk oil output 50 percent higher by 2018

35

NORTH SEA ENERGY (UK) LIMITED -

CUADRILLA ELSWICK LIMITED -

ELSWICK POWER LIMITED -

NORTHERN PETROLEUM (UK) LIMITED -

NP OIL & GAS HOLDINGS LIMITED -

WARWICK ONSHORE EXPLORATION LIMITED -

ALTWOOD PETROLEUM LIMITED -

IS NV Limited -

ORANJE-NASSAU ENERGIE HANZE (UK) LIMITED -

Aurora -

Total 42,320

Page 36: Uk oil output 50 percent higher by 2018

36

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

Page 37: Uk oil output 50 percent higher by 2018

37

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

Page 38: Uk oil output 50 percent higher by 2018

38

Change in Annual UK Gas Production (MMCuM) Co Total

Equity Holder (2013v2009)

CENTRICA 2,791

PERENCO UK LIMITED 1,366

SSE E&P UK LIMITED 1,167

APACHE NORTH SEA LIMITED 812

TAQA BRATANI LNS LIMITED 595

ENTERPRISE OIL LIMITED 435

NEXEN PETROLEUM U.K. LIMITED 431

Wintershall Noordzee 205

BOWLAND RESOURCES LIMITED 168

MITSUI E&P UK LIMITED 154

MAERSK OIL UK LIMITED 120

NSGP (ENSIGN) LIMITED 112

BAYERNGAS EUROPE LIMITED 106

HUMBLY GROVE ENERGY LIMITED 91

Gazprom Germania 80

FAIRFIELD ACER LIMITED 78

ITHACA ENERGY (UK) LIMITED 61

Gas-Union 60

WINGAS STORAGE UK LIMITED 59

ENDEAVOUR ENERGY UK LIMITED 58

ENQUEST 57

SUNCOR ENERGY UK LIMITED 50

IONA UK HUNTINGTON LIMITED 43

EnCore Oil plc 25

HANSA HYDROCARBONS (LAPS) LIMITED 24

EDINBURGH OIL & GAS LIMITED 21

ATLANTIC PETROLEUM UK LIMITED 20

PREMIER OIL UK LIMITED 14

NORECO OIL (UK) LIMITED 14

STERLING RESOURCES LTD 12

ISLAND GAS LIMITED 7

VIKING UK GAS LIMITED 5

EWE VERTRIEB GMBH 4

SNS (E&P) LIMITED 3

SPIKE EXPLORATION UK LTD 3

TRAP OIL LTD 3

STAR ENERGY OIL & GAS LIMITED 2

SCHIEHALLION OIL & GAS LIMITED 2

ZEUS PETROLEUM LIMITED 2

CIECO EXPLORATION AND PRODUCTION (UK) LTD 2

Valiant Causeway Limited 1

EGDON RESOURCES U.K. LIMITED 1

Page 39: Uk oil output 50 percent higher by 2018

39

NIO PETROLEUM (SABAH) LIMITED 1

Antrim Resources Limited 1

MARUBENI OIL & GAS (U.K.) LIMITED 0

IGAS ENERGY (CAITHNESS) LIMITED 0

DART ENERGY (FORTH VALLEY) LIMITED 0

TERRAIN ENERGY LIMITED 0

ALBA RESOURCES LIMITED 0

EUROPA OIL & GAS LIMITED 0

NORTH SEA ENERGY (UK) LIMITED 0

CUADRILLA ELSWICK LIMITED 0

ELSWICK POWER LIMITED 0

NORTHERN PETROLEUM (UK) LIMITED 0

NP OIL & GAS HOLDINGS LIMITED 0

WARWICK ONSHORE EXPLORATION LIMITED 0

ALTWOOD PETROLEUM LIMITED 0

IS NV Limited 0

ORANJE-NASSAU ENERGIE HANZE (UK) LIMITED 0

Aurora 0

MCX OSPREY (UK) LIMITED -2

MOSAIC (TRISTAN) LIMITED -3

ROC OIL (GB) LIMITED -5

EUROIL EXPLORATION LIMITED -7

ENERGY RESOURC E TECHNOLOGY (U.K.) LTD -7

ERT CAMELOT LIMTED -7

GRANBY (TRISTAN) LIMITED -9

CALENERGY GAS LIMITED -10

SOJITZ ENERGY PROJECT LIMITED -11

KOREA CAPTAIN COMPANY LTD -11

IDEMITSU PETROLEUM UK LTD. -12

BAIRD UNDERGROUND GAS STORAGE LTD -17

FAROE PETROLEUM (U.K.) LIMITED -48

NOBLE ENERGY (OILEX) LIMITED -53

STATOIL EXPLORATION (U.K.) LIMITED -55

TRANSWORLD PETROLEUM (U.K.) LIMITED -56

MURPHY PETROLEUM LIMITED -57

EOG RESOURCES UNITED KINGDOM LIMITED -64

DYAS UK LIMITED -68

ATP OIL & GAS (UK) LIMITED -68

SUMMIT PETROLEUM LIMITED -69

DANA PETROLEUM (E&P) LIMITED -71

FIRST OIL EXPRO LIMITED -73

BRIDGE ENERGY (SNS) LIMITED -121

OMV (U.K.) LIMITED -123

JX NIPPON E & P (U.K.) LIMITED -158

BHP BILLITON PETROLEUM LIMITED -161

Page 40: Uk oil output 50 percent higher by 2018

40

TALISMAN SINOPEC N SEA LTD -192

RWE DEA UK SNS LIMITED -238

EDF PRODUCTION UK LTD -252

TULLOW OIL SK LIMITED -268

E.ON E&P UK LIMITED -362

BURLINGTON RESOURCES (IRISH SEA) LIMITED -448

CNR INTERNATIONAL (U.K.) LIMITED -513

MARATHON OIL U.K. LLC -585

GDF SUEZ E&P UK LTD -758

CHEVRON NORTH SEA LIMITED -1,071

HESS LIMITED -1,374

ENI ULX LIMITED -1,424

BG NORTH SEA HOLDINGS LIMITED -1,485

TOTAL E&P UK LTD -2,332

SHELL U.K. LIMITED -2,355

CONOCOPHILLIPS PETROLEUM LIMITED -2,946

ESSO E&P UK LIMITED -3,033

BP EXPLORATION OPERATING CO LTD -4,820

Total -16,235

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42

5) New Fields 2013

The following fields were brought into production in 2013: BALLOCH CORMORANT EAST FIONN HUNTINGTON JASMINE ROCHELLE TONTO KIMMERIDGE

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

York Centrica 2013 1,241

Orca GDF Suez E&P 2013 359

Rhyl Hydrocarbon Res 2013 163

Kinnoull BP 2014 2,233,800 Rhum BP 2014 2,067

Kew Centrica 2014 362

Enochdhu ConocoPhillips 2014 496,400

Alma EnQuest 2014 496,400

Galia EnQuest 2014 496,400

Conwy EOG Resources 2014

Juliet GDF Suez E&P 2014 800

Golden Eagle Nexen 2014 3,474,800

Peregrine Nexen 2014

Solan Premier Oil 2014 1,191,360

Godwin Talisman Sinopec 2014 372,300

Morrone Taqa Global 2014 148,920

West Franklin Total 2014 1,985,600 Cheviot ATP Oil & Gas 2015 1,241,000 511

Cygnus GDF Suez E&P 2015 2,555

Orlando Iona Energy 2015 546,040

Stella Ithaca 2015 1,489,200

Harrier Ithaca 2015 1,489,200

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43

Solitaire Nexen 2015

Cladhan Taqa Global 2015 843,880

Schiehallion BP 2016 6,453,200 913

Loyal BP 2016

Clair BP 2016 2,978,400

Clair Ridge BP 2016 5,956,800 441

Barra Dana Petroleum 2016 992,800

Harris Dana Petroleum 2016 992,800

Flyndre Maersk Group 2016 496,400

Platypus Dana Petroleum 2016 276

Cayley Talisman Sinopec 2016 893,520

Shaw Talisman Sinopec 2016 893,520

Fyne Antrim Resources 2017 198,560

Kraken EnQuest 2017 1,241,000

Kraken North EnQuest 2017 1,241,000

Cawdor Maersk Group 2017 248,200

Mariner Statoil 2017 2,730,200

Arran Dana Petroleum 2018 912

Ptarmigan Premier Oil 2018

Mariner East Statoil 2019 1,042,440 Darwin Taqa Global 2020

Deborah ENI UK Limited ?

Skye Fairfield Energy ?

Vulcan East Bridge Energy ?

Bentley Xcite Energy ?

Phoenix Chrysaor Holdings ?

Caledonia Premier Oil ?

Columbus Serica Energy ?

Rosebank Chevron N/A

Alder Chevron N/A

Bressay Statoil N/A

Fram Shell E&P N/A

42,864,140 10,600

Centrica’s York field will produce about 120 MMcf/d (3.4 MMcm/d) – see: http://www.offshore-mag.com/articles/2013/03/centrica-starts-gas-production-from-york-in-north-sea.html GDF Suez’s Orca Field anticipated output was given in a press release www.gdfsuez.com/wp-content/uploads/2014/04/pr-gdf-suez-north-sea.pdf

The Rhyl field is being developed by Hydrocarbon Resources Ltd which is a subsidiary of Centrica The field will produce 2.8mboe/day according to Centrica energy’s Exploration & Production Asset Book 2014: www.centrica.com/files/pdf/Centrica_Energy_Asset_book_2014_low.pdf

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44

The Kinnoull Field is reported as producing 45,000bpd at peak production- see: http://www.offshore-technology.com/projects/kinnoull-oil-and-gas-field/

The Rhum Field is being re-developed by BP and should come back online late in 2014. It was shut

down in the wake of sanctions against BP’s co-venturer the National Iranian Oil Company, IOC. The

production level stated in the FT was 5.6 MMCuM/day. This article is at: http://www.ft.com/cms/s/0/9b94890e-47ac-11e3-939800144feabdc0.html?siteedition=uk#axzz35PPQjHFh

Centrica has completed the development of the Kew field in the SNS. The field is now producing and

will peak at an output of 35 MMcf/d (991,090 cm/d).

http://www.offshore-mag.com/articles/2014/01/centrica-starts-up-kew-in-southern-north-sea-hub-

area.html

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

at an initial (peak) rate of 10,000boe per day:

http://www.offshore-mag.com/articles/2013/09/uk-sanctions-enochdhu-tieback-to-greater-britannia-

area-in-north-sea.html

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:

http://www.ogj.com/articles/2014/05/enquest-eyes-second-half-alma-galia-start.html

EOG’s Conwy field is situated in the Liverpool Bay area and will tie back to the BHP Billiton

Douglas platform. I’ve not been able to find a production number for this field.

GDF Suez have developed the Juliet field in the SNS east of Lincolnshire. Production has started at its

plateau rate of 80mmscfg/d

http://www.gdfsuezep.co.uk/news/news/2014/13-03-2014.aspx

Nexen have developed the Golden Eagle and Peregrine fields which are expected to come onstream in

2014 at an initial production level of 70,000 barrels per day:

http://www.nexencnoocltd.com/en/Operations/Conventional/UKNorthSea/GoldenEagle.aspx

Premier Oil has developed the Solan Field and will commence at 14,000boe p/d attributable to

Premier of the total 24,000boe p/d output:

http://www.premier-oil.com/premieroil/AR2013/project_studies/solan.html

Talisman Sinopec has developed the Godwin Field where initial output 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

Taqa Global has developed the Morrone field. Morrone is expected to initially produce over 3,000

barrels of oil equivalent per day with first oil expected in the 3rd quarter of 2014:

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

commencing in 2014:

http://total.com/en/energies-expertise/oil-gas/exploration-production/projects-

achievements/others/west-franklin

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. The project is delayed & is now

seeking an FPSO rather than pursuing Moss Maritime's Octobuoy concept which is late and over

budget. http://www.subseaiq.com/data/Project.aspx?project_id=1128

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45

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 250m Cu ft per day.

http://www.gdfsuezep.co.uk/our-operations/cygnus.aspx

Iona Energy will bring the Orlando Field onstream in 2015 with an output of 11,000 bpd.

http://www.ionaenergy.com/operations/orlando

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

http://www.ogj.com/articles/2012/04/ithaca-to-develop-two-uk-north-sea-fields.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.

Taqa Global will operate the Cladhan Field. Initial production is estimated at 17,000 bpd:

http://www.offshore-technology.com/news/newstaqa-uk-approval-cladhan-field-development

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

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

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

Dana Petroleum are developing the Western Isles fields of which Barra and Harris are almost ready to

enter production with peak production estimated at 40,000 boe per day:

http://www.ogj.com/content/ogj/en/articles/2012/12/western-isles-project-offshore-uk-

approved.html

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

anticipated peak output of 10,000bpd

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

rtsmaerskoiluk%E2%80%99sgrowthambitions.aspx

The Platypus Field is being developed by Dana Petroleum and will commence production in 2016.

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

http://www.firstoilexpro.com/assets/platypus-possum

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46

Talisman Sinopec are bringing the Cayley and Shaw fields into production in 2016 at an anticipated

rate of 18,000 bpd for each part of the field:

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

to-sustain-investm

Antrim Resources has developed the Fyne Field which will produce 14,000bpd oil at peak production

http://www.antrimenergy.com/operations.php?id=26

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 80,000bpd.

enquest.html.investis.com/media/pdf/kraken-development.pdf

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

anticipated peak output of 5,000bpd

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

rtsmaerskoiluk%E2%80%99sgrowthambitions.aspx

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

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

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47

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

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

UK production data, Oil production since 1975 and Gas flaring at oil terminals and producing

offshore oilfields

Phil Harrison Telephone: +44 (0) 300 068 6036

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

Page 48: Uk oil output 50 percent higher by 2018

48

7) Declining Output and De-commissioning

Oil Output in the UKCS has been declining since 1999. Gas output has also dropped since it peaked in the year 2000. This perhaps explains why predictions for the next few years appear to be so gloomy. There seems to be an air of unreality greeting predictions that output will not sink further but 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) has 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 2013. 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. Over the last three years the decline has been at a more rapid rate than in the past, although the rate of decline is slowing and is predicted to decline still further in 2014 with the position for the following few years looking likely to show increases in output for the first time since 2007. 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”.

-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

North Sea Oil Change in Output Annual Percentage Change 1980 - 2013

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

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49

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. 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. 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.

-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

North Sea Gas Change in Output Annual Percentage Change 1996 - 2013

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

Page 50: Uk oil output 50 percent higher by 2018

50

2012 Calendar Year 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. 2012 Calendar Year This year problems at Sean and Pierce accounted for over 70% of the drop. Conclusions The situation for oil output seems to be much more to do with 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 2014 2015 2016 2017 2018 2019 2020

Oil Output k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes

Baseline 37,876 36,811 42,295 47,186 58,626 57,008 51,568

Decline 3,788 3,681 4,230 4,719 5,863 5,701 5,157

34,088 33,130 38,065 42,467 52,763 51,307 46,411

New Fields 2,723 9,573 9,121 16,159 4,245 261 782

Decline

408 1436 1368 2424 637 39

Prediction 36,811 42,295 47,186 58,626 57,008 51,568 47,193

Source: Author’s own calculations adapted from DECC UK Annual Oil Production (Thousand Tonnes) 01 June 2014 https://www.og.decc.gov.uk/pprs/full_production.htm

If we start off from the 2013 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 2017 will be over 50% higher than it was in 2013.

OGUK 2014 2015 2016 2017 2018 2019 2020

Oil Output k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes

Baseline 37,876 37,948 41,421 44,329 51,179 50,306 50,064

Decline 2,651 5,692 6,213 9,309 5,118 503 501

35,225 32,256 35,208 35,020 46,061 49,803 49,563

New Fields 2,723 9,573 9,121 16,159 4,245 261 782

Decline

408 1436 1368 2424 637 39

Prediction 37,948 41,421 44,329 51,179 50,306 50,064 50,345

Source: Author’s own interpretation of Oil & Gas UK’s “Economic Report 2013” p21 http://www.oilandgasuk.co.uk/forecasts.cfm

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51

Oil & gas UK’s 2013 Economic Report predicts a rise of over 40% in output by 2017. They looked at oil & gas together & gave figures of approx 1.4MM boepd in 2013 rising to 2.0MM Boepd in 2017 in their “Best Case” scenario. Under their “Worst Case” the rise would be from 1.2MM Boepd to 1.6MM Boepd, an increase of 33.3%. 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 over 20% by 2017 – the figure of 9,309 shown in the table. This seems very unlikely to me but it reflects the considerable caution shown by Oil & Gas UK in predicting future output. In comparison to DECC however their prediction is positively sunny.

2014 2015 2016 2017 2018 2019 2020

DECC k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes

Baseline

37,876

37,948

38,005

38,005

38,012

38,076

38,032

Decline

2,651

9,108

9,121

16,152

4,181

305

761

35,225

28,840

28,884

21,853

33,831

37,771

37,271

New Fields

2,723

9,573

9,121

16,159

4,245

261

782

Decline

408 1436 1368 2424 637 39

Prediction

37,948

38,005

38,005

38,012

38,076

38,032

38,053

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 predict a flat line in their “UKCS Oil and Gas Production Projection” March 2014 page 1. This is ludicrous and requires the decline in output from existing fields to increase from a normal rate of perhaps 10% to as high as 24% in 2015 and 2016 and to over 40% in 2017. This isn’t conceivable or possible. In later years the opposite is the case. The natural rate of decline has to fall to 1.00 per cent for the DECC flatline 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.

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52

Prediction for Gas Production

2014 2015 2016 2017 2018 2019 2020

k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes k Tonnes

Baseline 42,317,610 39,809,747 37,835,289 36,002,054 32,904,308 29,183,791 25,681,736

Decline 5,078,113 4,777,170 4,540,235 4,320,246 3,948,517 3,502,055 3,081,808

37,239,497 35,032,577 33,295,054 31,681,808 28,955,791 25,681,736 22,599,928

New Fields 2,570,250 3,188,250 2,707,000 1,222,500 228,000 - -

Decline

385,538 478,238 406,050 183,375 34,200 -

Prediction 39,809,747 37,835,289 36,002,054 32,904,308 29,183,791 25,681,736 22,599,928

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.

Overall Conclusion We cannot accurately predict 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 flatline 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 33% and possibly by as much as 42.5% see fig 10 p 21, Oil & Gas UK “Economic Report 2013”. DECC are predicting no increase whatsoever. 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 zero by DECC. This requires a drop in 2017 output from existing fields of over 40% in that one year. How DECC’s model has been changed to fabricate this result must be examined without delay. The “discount factor” they have applied to company output predictions must have been dramatically increased to give this result. Why has this been done and on who’s authority? I look forward to finding out...but I won’t be holding my breath!

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8) Company Turnover & Taxation

Company Turnover 2012 2011 2010 2009 2008

£m £m £m £m £m

NEXEN PETROLEUM U.K. LIMITED 2,337,607,609 2,210,583,348 2,089,841,229 1,735,083,441 1,338,579,409

APACHE NORTH SEA LIMITED 1,213,094,461 1,288,369,585 985,872,022 878,616,728 1,355,137,318

BP EXPLORATION OPERATING COMPANY LIMITED 1,964,198,657 2,442,769,733 2,611,805,229 2,420,753,579 4,102,293,240

BRITOIL 1,038,064,247 756,434,950 702,124,590 639,098,228 1,255,452,191

BG INTERNATIONAL NSW LTD 949,476,000 838,844,000 840,475,000 766,739,000 1,214,056,000

SUNCOR ENERGY UK LIMITED 1,177,936,000 1,236,947,000 1,260,924,000 984,219,000 1,404,486,000

TAQA BRATANI 1,216,496,273 1,083,629,708 740,979,930 539,276,710 141,117,090

CHEVRON NORTH SEA LIMITED 1,467,300,000 1,735,600,000 1,474,700,000 1,242,600,000 1,656,400,000

TALISMAN SINOPEC ENERGY UK LIMITED 1,378,438,163 1,848,000,642 565,523,000 552,475,000 779,246,000

MAERSK OIL NORTH SEA UK LIMITED 400,749,759 481,603,598 701,827,923 433,723,632 801,714,503

MAERSK OIL UK LIMITED 234,923,225 237,358,818 180,432,426 93,975,252 253,000,207

ENQUEST HEATHER LIMITED 87,325,294 127,887,795 86,110,595 89,279,362 170,371,801

DANA PETROLEUM (E&P) LIMITED 592,820,000 504,816,000 293,133,000 233,589,000 345,399,000

CONOCOPHILLIPS (U.K.) LIMITED 15,939,000,000 35,878,700,000 28,742,400,000 22,821,800,000 28,684,100,000

CNR INTERNATIONAL (U.K.) LIMITED 525,117,000 720,046,000 626,408,000 510,091,000 831,237,000

CENTRICA RESOURCES LIMITED 482,601,000 500,565,000 435,824,000 368,852,000 596,821,000

CENTRICA NORTH SEA OIL LIMITED 282,861,000 253,999,000 273,303,000 258,047,000 192,792,000

SHELL U.K. LIMITED 9,070,000,000 11,811,000,000 10,328,000,000 7,969,000,000 17,469,000,000

SHELL EP OFFSHORE VENTURES LIMITED 201,400,000 277,100,000 168,000,000 152,000,000 176,200,000

TOTAL E&P UK LIMITED 1,313,704,000 1,548,789,000 1,519,595,000 1,207,696,000 1,833,485,000

ESSO E & P UK LIMITED 1,329,000,000 1,837,000,000 1,976,000,000 1,709,000,000 3,075,700,000

ENTERPRISE OIL LIMITED 497,000,000 617,700,000 445,200,000 433,900,000 692,000,000

MARATHON OIL U.K. LLC 481,778,840 533,278,906 366,023,448 378,398,360 700,117,126

MARATHON OIL NORTH SEA (G.B.) LIMITED

PREMIER OIL UK LIMITED 276,456,039 163,705,017 274,350,574 176,036,728 81,562,520

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ITHACA CAUSEWAY LIMITED

ITHACA ENERGY (UK) LIMITED 97,373,221 77,592,581 83,889,613 70,903,139 1,569,092

ITHACA MINERALS (NORTH SEA) LIMITED 7,671,452 11,645,819 7,250,264 9,367,709 19,436,697

ENI AEP LIMITED 62,854,000 82,182,000 95,387,000 97,175,000 105,152,000

ENI ELGIN/FRANKLIN LIMITED 142,821,000 117,613,000 500,865,000 386,571,000 378,205,000

ENI UK LIMITED 403,950,000 463,490,000 605,621,000 535,967,000 523,307,000

ENI ULX LIMITED 103,760,734 133,313,592 207,649,559 153,500,000 187,100,000

PERENCO UK LIMITED 1,051,227,000 585,499,000 348,791,000 245,967,000 213,087,000

EDINBURGH OIL & GAS LIMITED 207,137,000 183,496,000 164,764,000 130,599,000 189,810,000

ENDEAVOUR ENERGY UK LIMITED 126,415,059 25,427,938 28,601,152 62,869,247 79,188,049

E. F. OIL AND GAS LIMITED 366,013,000 1,058,751,000 857,470,000 788,699,000 1,165,020,000

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 138,006,000 209,784,000 177,295,000 143,412,000 85,358,000

FAIRFIELD BETULA LIMITED 51,921,545 62,662,950 96,882,497 52,745,492 45,409,711

STATOIL (U.K.) LIMITED 813,505,000 774,389,000 551,283,000 476,917,000 690,206,000

DYAS EXPLORATION UK LIMITED

DYAS UK LIMITED 110,607,000 95,359,000 133,488,000 96,224,000 79,360,000

MITSUI E&P UK LIMITED 35,533,921

BHP BILLITON PETROLEUM GREAT BRITAIN LIMITED 154,555,000 205,234,000 200,885,000 206,857,000 246,667,000

TRANSWORLD PETROLEUM (U.K.) LIMITED 144,695,149 156,355,927 159,160,000 139,903,000 198,598,000

SUMMIT PETROLEUM DORSET LIMITED 27,021,617 26,210,838 22,244,137 19,220,614 24,514,378

SUMMIT PETROLEUM LIMITED 40,497,483 37,114,007 129,660,693 78,477,581 95,216,550

E.ON E&P UK LIMITED 166,379,000 94,398,000 214,783,000 231,231,000 175,596,000

IDEMITSU PETROLEUM UK LTD. 60,011,456 78,024,118 84,477,862 75,803,723 56,363,090

ATLANTIC PETROLEUM UK LIMITED 64,921,188 50,606,444 48,628,408 26,218,316 4,604,200

MARUBENI OIL & GAS (NORTH SEA) LIMITED 29,754,688 112,499,194 96,309,004 82,207,099 123,323,281

MARUBENI OIL & GAS (U.K.) LIMITED 57,863,870 37,628,396

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MCX DUNLIN (UK) LIMITED 15,144,572 20,403,382 26,343,517 10,576,045 11,983,540

MCX OSPREY (UK) LIMITED 5,140,700 16,966,568 19,010,141 18,405,815 18,578,740

SPIKE EXPLORATION UK LTD

TRAP OIL LTD 1,674,698 804,166 795,834 1,064,263

NORECO OIL (UK) LIMITED

WINTERSHALL (E&P) LIMITED

WINTERSHALL (UK NORTH SEA) LIMITED

ISLAND GAS (SINGLETON) LIMITED 10,189,000 9,786,000 6,861,000 5,758,000 6,681,000

ISLAND GAS LIMITED 58,482,000 19,894,000 535,000 702,000 992,000

STAR ENERGY 26,507,000 11,997,000 10,120,000 3,483,000

IONA UK HUNTINGTON LIMITED

Valiant Causeway Limited

Valiant Gamma Limited

ZEUS PETROLEUM LIMITED 1,147,000

OMV (U.K.) LIMITED 149,800,835 125,475,747 107,966,102 62,538,674 18,514,106

SOJITZ ENERGY PROJECT LIMITED 12,615,824 19,413,912 47,445,683 34,428,189 36,119,657

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 29,841,000 60,066,000 5,873,000 6,992,000 2,284,000

Antrim Resources Limited 15,169,845

ROC OIL (GB) LIMITED 17,339,365 45,287,142 32,462,455 28,884,526 67,616,251

NOBLE ENERGY (OILEX) LIMITED 69,074,205 130,366,849 114,085,746 40,143,858 107,686,401

RWE DEA UK SNS LIMITED 145,455,000 109,047,000 112,035,000 121,660,000 147,097,000

Igas Energy plc 68,304,000 22,120,000 656,000 828,000 992,000

SCHIEHALLION OIL & GAS LIMITED 47,000

RIGEL PETROLEUM (NI) LIMITED 14,709,926 21,583,681 15,230,563 12,369,000 21,411,000

HUMBLY GROVE ENERGY LIMITED 5,779,000 10,865,000 15,366,000 15,394,000 14,297,000

NIO PETROLEUM (SABAH) LIMITED

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Paladin Resources Limited 374,000

EUROPA OIL & GAS (WEST FIRSBY) LIMITED

EUROPA OIL & GAS LIMITED 4,503,000 5,080,000 3,766,000 3,091,000 2,937,000

MURPHY PETROLEUM LIMITED 4,173,345,000 3,960,875,000 2,135,734,000 1,849,532,000 2,754,348,000

GDF SUEZ E&P UK LTD 70,257,000 83,416,000 102,530,000 144,415,000 144,279,000

BLACKLAND PARK EXPLORATION LIMITED

NORTH SEA ENERGY (UK) LIMITED 2,695,967 4,958,811 13,595,327 8,448,096

Egdon Resources Avington Limited 116,971 93,985 181,622 196,222 151,800

EGDON RESOURCES U.K. LIMITED 2,266,952 2,356,256 2,138,852 1,055,454 728,327

BRIDGE ENERGY (SNS) LIMITED 16,640,491 25,531,816 10,643,834 10,569,172 5,482,831

ANGUS ENERGY WEALD BASIN NO.3 LIMITED 911,554 1,166,350 402,732 968,235

CIRQUE ENERGY (UK) LIMITED

NORTHERN PETROLEUM (GB) LIMITED 269,000 249,000 226,000 185,000 316,000

NORTHERN PETROLEUM (UK) LIMITED 97,974 84,746 70,922 54,286 3,466

TERRAIN ENERGY LIMITED 245,931 308,072 271,257

Aurora

ALBA RESOURCES LIMITED 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 57,010,110 241,234,828

FINA EXPLORATION LIMITED 118,953,000 139,371,000 104,732,000 155,261,000

54,015,917,279 78,582,232,225 65,609,618,363 53,334,638,885 77,710,816,796

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57

Company Taxation 2012 2011 2010 2009 2008

£m £m £m £m £m

NEXEN PETROLEUM U.K. LIMITED -£823,550,659 -£912,648,245 -

£1,006,841,358 -£512,455,816 -£471,566,555

APACHE NORTH SEA LIMITED -£352,174,502 -£450,573,664 -£172,896,708 -£169,182,874 -£346,817,447

BP EXPLORATION COMPANY LIMITED -£113,902,274 -

£1,062,287,880 -£575,753,934 -£604,099,108 -

£1,047,617,899

BRITOIL -£378,334,083 -£251,949,888 -£133,618,181 -£125,363,205 -£390,237,052

BG INTERNATIONAL NSW LTD -£486,198,000 -£456,693,000 -£311,102,000 -£337,376,000 -£489,481,000

SUNCOR ENERGY UK LIMITED -£594,168,000 -£589,339,000 -£501,723,000 -£292,126,000 -£556,115,000

TAQA BRATANI LIMITED -£381,361,388 -£400,189,961 -£93,800,573 -£1,399,151 -£39,638,695

CHEVRON NORTH SEA LIMITED -£622,100,000 -£739,600,000 -£464,600,000 -£264,800,000 -£519,100,000

TALISMAN SINOPEC ENERGY UK LIMITED -£86,094,443 -£466,020,559 -£58,084,000 -£51,812,000 £40,359,000

MAERSK OIL NORTH SEA UK LIMITED -£94,738,837 -£150,385,480 -£116,861,407 -£43,350,854 -£186,823,432

MAERSK OIL UK LIMITED £20,238,355 £27,421,780 £41,491,167 £29,094,185 -£8,289,647

ENQUEST HEATHER LIMITED £92,815,797 -£31,080,562 £8,412,905 -£11,153,752 -£30,765,203

DANA PETROLEUM (E&P) LIMITED -£145,590,000 -£148,264,000 -£46,949,000 -£35,468,000 -£86,035,000

CONOCOPHILLIPS (U.K.) LIMITED -£564,600,000 -£920,800,000 -£790,800,000 -£602,700,000 -£909,900,000

CNR INTERNATIONAL (U.K.) LIMITED -£72,841,000 -£238,942,000 -£109,959,000 -£104,090,000 -£253,159,000

CENTRICA RESOURCES LIMITED -£195,126,000 -£125,225,000 -£77,242,000 -£30,931,000 -£157,974,000

CENTRICA NORTH SEA OIL LIMITED £7,081,000 -£52,896,000 £21,212,000 £37,398,000 -£15,060,000

SHELL U.K. LIMITED -£266,000,000 -£57,000,000 -£145,000,000 £283,000,000 -£692,000,000

SHELL EP OFFSHORE VENTURES LIMITED -£97,700,000 -£101,500,000 -£37,100,000 £7,400,000 -£30,900,000

TOTAL E&P UK LIMITED -£405,726,000 -£515,168,000 -£275,990,000 -£234,692,000 -£480,512,000

ESSO EXPLORATION AND PRODUCTION UK LIMITED -£228,000,000 -£474,000,000 -£140,000,000 -£152,000,000 -£986,600,000

ENTERPRISE OIL LIMITED -£219,000,000 -£261,800,000 -£127,100,000 -£88,400,000 -£267,200,000

MARATHON OIL U.K. LLC -£122,941,059 -£148,757,467 -£67,941,572 -£95,686,463 -£233,033,135

MARATHON OIL NORTH SEA (G.B.) LIMITED

PREMIER OIL UK LIMITED £31,048,743 £81,109,248 £32,115,310 £40,134,504 -£16,520,194

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ITHACA CAUSEWAY LIMITED £19,181,096 -£5,712

ITHACA ENERGY (UK) LIMITED £27,135,375 £1,954,526 £2,249,953 -£51,993

ITHACA MINERALS (NORTH SEA) LIMITED £12,401,257 £1,850,391 £2,687,651 £2,633,632 -£1,779,705

ENI AEP LIMITED -£1,039,000 -£22,823,000 -£31,696,000 -£27,237,000 -£16,938,000

ENI ELGIN/FRANKLIN LIMITED -£41,659,000 -£66,302,000 -£241,402,000 -£132,393,000 -£114,539,000

ENI UK LIMITED -£88,765,000 -£171,964,000 -£283,038,000 -£69,555,000 -£43,089,000

ENI ULX LIMITED £13,029,316 £27,657,684 -£59,627,329 -£35,100,000 -£15,200,000

PERENCO UK LIMITED -£254,259,000 -£128,862,000 -£54,979,000 -£49,030,000 -£33,238,000

EDINBURGH OIL & GAS LIMITED -£110,624,000 -£105,679,000 -£74,446,000 -£53,223,000 -£82,366,000

ENDEAVOUR ENERGY UK LIMITED -£8,637,624 -£11,568,797 -£75,546 -£2,412,222 £12,953,178

E. F. OIL AND GAS LIMITED £102,464,000 -£604,459,000 -£355,736,000 -£315,814,000 -£491,966,000

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 -£34,384,000 -£73,019,000 -£30,907,000 -£8,712,000 -£32,994,000

FAIRFIELD BETULA LIMITED -£8,106,996 £4,242,002 £1,336,902 £19,549,220 -£15,251,666

STATOIL (U.K.) LIMITED £20,552,000 -£33,390,000 -£6,449,000 £31,623,000 -£64,672,000

DYAS EXPLORATION UK LIMITED -£1,403,061

DYAS UK LIMITED £69,029,000 -£36,805,000 -£29,396,000 -£14,262,000 -£24,509,000

MITSUI E&P UK LIMITED -£631,585

BHP BILLITON PETROLEUM GREAT BRITAIN LIMITED -£41,181,000 -£63,889,000 -£11,482,000 -£118,517,000 -£187,846,000

TRANSWORLD PETROLEUM (U.K.) LIMITED -£24,353,999 -£45,750,723 -£32,508,000 -£13,716,000 -£53,249,000

SUMMIT PETROLEUM DORSET LIMITED -£17,204,027 -£12,080,545 -£10,395,117 -£12,445,309 -£13,075,283

SUMMIT PETROLEUM LIMITED -£8,636,660 -£2,339,354 -£49,625,614 -£39,255,055 -£44,111,333

E.ON E&P UK LIMITED £1,925,000 £40,200,000 -£120,771,000 -£36,331,000 -£41,319,000

IDEMITSU PETROLEUM UK LTD. £17,176,364 £6,126,620 -£8,314,186 -£4,799,774 -£6,140,768

ATLANTIC PETROLEUM UK LIMITED -£18,974,233 -£8,862,003 -£3,701,866 -£787,251 £7,398,398

MARUBENI OIL & GAS (NORTH SEA) LIMITED -£6,443,002 -£18,155,368 -£2,930,387 £1,830,278 -£17,455,494

MARUBENI OIL & GAS (U.K.) LIMITED £417,312 -£5,040,420

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MCX DUNLIN (UK) LIMITED £14,571,447 £16,732,283 £4,858,090 £15,208,433 £3,730,548

MCX OSPREY (UK) LIMITED -£17,717,181 £14,082,225 £5,367,689 £6,396,564 -£258,662

SPIKE EXPLORATION UK LTD

TRAP OIL LTD 0 0 0 0 £0

NORECO OIL (UK) LIMITED £8,976,436 £8,349,774 -£96,833 £401,462 £988,235

WINTERSHALL (E&P) LIMITED

WINTERSHALL (UK NORTH SEA) LIMITED

ISLAND GAS (SINGLETON) LIMITED £13,845,000 -£2,680,000 -£1,957,000 -£1,491,000 -£2,763,00

ISLAND GAS LIMITED -£716,000

STAR ENERGY £161,000 £2,072,000 -£2,923,000 -£4,216,000 £5,249,000

IONA UK HUNTINGTON LIMITED £3,157,895 £1,818,516

Valiant Causeway Limited

Valiant Gamma Limited

ZEUS PETROLEUM LIMITED

OMV (U.K.) LIMITED -£78,111,789 -£23,658,208 £5,883,506 £3,152,320 -£13,140,014

SOJITZ ENERGY PROJECT LIMITED £12,473,118 -£4,044,869 -£6,130,615 £5,698,811 -£12,228,186

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 £4,531,000 -£4,531,000

Antrim Resources Limited

ROC OIL (GB) LIMITED -£5,672,322 -£19,211,699 -£9,175,975 -£9,029,988 -£23,072,134

NOBLE ENERGY (OILEX) LIMITED £7,110,183 -£52,929,650 -£33,725,662 -£8,031,649 -£45,727,644

RWE DEA UK SNS LIMITED £22,003,000 -£151,000 -£24,659,000 -£1,785,000 -£33,583,000

Igas Energy plc -£12,356,000 £5,773,000

SCHIEHALLION OIL & GAS LIMITED -£22,456,000

RIGEL PETROLEUM (NI) LIMITED -£4,830,710 -£6,859,621 -£4,305,122 -£2,614,000 -£173,000

HUMBLY GROVE ENERGY LIMITED -£1,385,000 £4,474,000 -£2,245,000 -£824,000 £4,466,000

NIO PETROLEUM (SABAH) LIMITED

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Paladin Resources Limited -£2,144,310 -£194,118 -£914,000 -£1,371,000 -£4,882,000

EUROPA OIL & GAS (WEST FIRSBY) LIMITED

EUROPA OIL & GAS LIMITED -£515,000 £730,000 -£814,000 £19,000 -£363,000

MURPHY PETROLEUM LIMITED -£46,176,000 -£36,997,000 -£16,867,000 -£29,716,000 -£50,624,000

GDF SUEZ E&P UK LTD £16,135,000 -£18,571,000 -£5,661,000 -£19,861,000 -£33,060,000

BLACKLAND PARK EXPLORATION LIMITED

NORTH SEA ENERGY (UK) LIMITED £685,650 £1,229,922 -£1,634,776 -£87,660 -£208,526

Egdon Resources Avington Limited -£113

EGDON RESOURCES U.K. LIMITED

BRIDGE ENERGY (SNS) LIMITED £5,403,668 -£5,702,595 £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 -£200,000

NORTHERN PETROLEUM (UK) LIMITED £53,410 £60,415 £763,432

TERRAIN ENERGY LIMITED

Aurora

ALBA RESOURCES LIMITED £216,000 £194,000 -£410,000 -£169

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 -£87,264,057

FINA EXPLORATION LIMITED -£48,462,000 -£23,391,000 -£14,343,000 -£31,427,000

-

£6,606,093,839 -

£9,938,852,467 -

£6,714,337,281 -

£4,329,187,485 -

£9,792,313,646

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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

AMOCO (FIDDICH) LIMITED C/o BP Exploration Chertsey Road Sunbury on Thames Middlesex TW16 7BP

John Bartlett James Halliday

http://www.bp.com

ANGUS ENERGY WEALD BASIN NO.3 LIMITED

7 HOPETOUN CRESCENT Edinburgh, Midlothian EH7 4AY

Jonathan Tidswell 0131 556 1371

Antrim Resources Limited 1 Queens Terrace Aberdeen AB10 1XL

Ian Suttie Steven Bowyer Brian Cameron Steven George

01224 624666 http://www.firstoilexpro.com

APACHE NORTH SEA LIMITED Caledonia House, Prime Four Business Park Kingswells Causeway Aberdeen AB15 8PU

James House 01224 505 000 Web: http://www.apachecorp.com/

ARCO BRITISH LIMITED, LLC C/o BP Exploration Chertsey Road Sunbury on Thames Middlesex TW16 7BP

John Bartlett James Halliday

http://www.bp.com

ATLANTIC PETROLEUM UK LIMITED 26/28 Hammersmith Grove London W6 7BA

Ben Arabo Richard Hardman Nigel Thorpe Jan Edin Evensen

0208 834 1045 http://www.petroleum.fo

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Aurora Energy Resources Limited The Office, Westfield Est. Milltimber Aberdeenshire AB13 0EX

Ken McHattie Laurence Kinch Ian Roche Margaret Stoddart Tristan Cutler

http://www.aurora-petroleum.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 Llaneurgain House, Northop Country Park, Northop, Flintshire CH7 6WD

Jeffrey Sahlberg David Rainey Hendrik Bogers Charlotte Gillan Niall McCormack Michael Kelly Nathan Mauzy Stephen Pastor Peter Berger

01352 842200 http://www.bhpbilliton.com

BLACKLAND PARK EXPLORATION LTD

34 ARLINGTON ROAD LONDON NW1 7HU

Stephen Goschalk Rupert Lycett-Green Vermund Aarflot James Dunn

BP EXPLORATION OPERATING COY LIMITED

1 Wellheads Avenue Dyce Aberdeen AB21 7PB

John Bartlett James Halliday Trevor Garlick David Goodwill David Lynch

01224 832000 http://www.bp.com

BRIDGE ENERGY (SNS) LIMITED 3 Queen's Gardens Aberdeen AB15 4YD

Malcolm Thoms Einar Gjelsvik

01224 659120 http://www.bridge-energy.com

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BRITOIL LIMITED 1 WELLHEADS AVENUE DYCE ABERDEEN AB21 7PB

John Bartlett James Halliday Trevor Garlick David Goodwill David Lynch

01224 832000 http://www.bp.com

CENTRICA RESOURCES LIMITED MILLSTREAM MAIDENHEAD ROAD WINDSOR SL4 5GD

Richard Ozsanlav Kenneth Robertson Colette Cohen Sarwjit Sambhi Andrew Bevington

01753 494000 http://www.centrica.com

CHEVRON NORTH SEA LIMITED Chevron House Hill of Rubislaw Aberdeen AB15 6XL

Stacey Olson Will Rogers Raigul Dzhetpisova Pativate Boonyapaluk 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 Sugamoto

0207 070 5800 http://www.cieco.co.uk/

CIRQUE ENERGY (UK) LIMITED 21 St Thomas Street Bristol BS1 6JS

Stephen Bushell Terry Lindquist Steve Polowick Robert Yanota Rick Quigley

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CNR INTERNATIONAL St Magnus House Guild Street Aberdeen AB11 6NJ

Allen Knight Barry Duncan James Edens David Haywood William Bell Stephen Laut

01224 303600 http://www.cnrinternational.com

CONOCOPHILLIPS (U.K.) LIMITED Rubislaw House, Anderson Drive Aberdeen AB15 6FZ

Andrew Hastings Nicholas Allen David Chenier Michael Wright

01224 205000 http://www.conocophillips.com

DANA PETROLEUM King’s Close 62 Huntly Street Aberdeen AB10 1RS

Graham Scotton Paul Griffin Ohkyeu Baek

01224 616000 http://www.dana-petroleum.com

DYAS UK LIMITED ATHENA HOUSE ATHENA DRIVE TACHBROOK PARK WARWICK CV34 6RL

James Kearney Stephen Rennie Epeus Veenhoff Petrus Waaijer Adam Thompson

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.ON E&P UK LIMITED Davis House, 7th Floor, 129 Wilton Road London SW1V 1JZ

Michael Lerch Jone Hess Alison Sim Melanie Booth Simon Devonport David Bate

0203 004 3700 http://www.eon.com

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EDINBURGH OIL & GAS LIMITED 5TH FLOOR 1 EXCHANGE CRESCENT Edinburgh EH3 8UL

Alexander Berger Epeus Veenhoff Petrus Waaijer

0131 229 6907 www.shv.nl

EGDON RESOURCES The Wheat House 98 High Street Odiham Hampshire RG29 1LP

Mark Abbott (M/D) Philip Stephens Jerry Field

01256 702292 http://www.egdon-resources.com/

ENDEAVOUR ENERGY UK LIMITED 40 Queens Road Aberdeen AB15 4YE

Catherine Stubbs Ralph Midkiff Andrew Sheu Derek Nielson

01224 202850 http://www.endeavourcorp.com/

ENI UK LIMITED ENI House 10 Ebury Bridge Road London SW1W 8PZ

Claudio Granata Franco Magnani Philip Hemmens Oswaldo Chacon

0207 344 6000 www.eniuk.co.uk

ENQUEST HEATHER LIMITED Level 5, Consort House Stell Road Aberdeen AB11 5QR

Stefan Ricketts Andrew McIntosh Edward Hensley Neil McCulloch

01224 287000 http://www.enquest.com

ENTERPRISE OIL LIMITED Shell Centre 8 York Road London SE1 7NA

Austin Hand Gary Archibald Rolynda Sprouse

0207 925 4000 http://www.shell.co.uk

ESSO E & P UK LIMITED Exxon Mobil House Mail Point 21, Ermyn Way Leatherhead, Surrey KT22 8UX

Linda Ducharme Kevin Biddle David Norwood John Chaplin

01372 222000 http://www.exxonmobil.co.uk

EUROPA OIL & GAS 6 PORTER STREET LONDON W1U 6DD

Philip Greenhalgh Hugh Mackay

0207 224 3770 http://www.europaoil.com

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EWE VERTRIEB GMBH Mcgrigors LLP Johnstone House 52-54 Rose Street Aberdeen AB10 1UD

Joerg Budde http://www.ewe.de/

Fairfield Energy plc Ash House, Fairfield Ave Staines TW18 4AB

Peter Hope Ronald Emerson Simon Neathercoat Simon Eyres Ian Sharp Jerome Halbout Ian Macdonald Lord Browne of Madingley David Pearce Howard Mayson 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

Patrice de Viviès Philippe Guys Phillipe Rocheux Pierre Bousquet

01224 297000 http://www.uk.total.com

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First Oil Plc 1 Queens Terrace Aberdeen AB10 1XL

Ian Suttie Steven Bowyer Brian Cameron Steven George

01224 624666 http://www.firstoilexpro.com

GDF SUEZ E&P UK LTD Union Plaza, Union Wynd Aberdeen AB10 1SL

Jean-Claude Perdigues Didier Holleaux Monique Huet Terje Overvik Benoit Mignard

01224 269 800 http://www.gdfsuezep.co.uk/

HUMBLY GROVE ENERGY LIMITED GRAND BUILDINGS 1-3 STRAND LONDON WC2N 5EJ

Klaus Reinisch Fergal Murphy Arthur Moors Andrew Shanta

http://www.petronasenergy.com

IDEMITSU PETROLEUM UK LTD. Shaftesbury House, 151 Shaftesbury Avenue, London WC2H 8AL

Katsuhiko Sakamoto Shogo Hirahara Yasuhiro Haba

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 Andrew Austin 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

Neil Carson Graham Heath

01224 228400 http://www.ionaenergy.com/

IS E&P Limited

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IS NV Limited

ISLAND GAS LTD 7 Down Street, London W1J 7AJ

Andrew Austin Stephen Bowler John Blaymires

0207 993 9899 http://www.igasplc.com

Ithaca Energy (UK) Limited 8 Rubislaw Terrace Aberdeen AB10 1XE

John Summers 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 Makoto Sekino Ryunosuke Onogi Masahiro Ozawa

http://www.eneos.co.jp

MAERSK OIL Maersk House, Crawpeel Road, Altens, Aberdeen AB12 3LG

Martin R Pedersen Glenn Corr Robert Peters Gretchen Watkins Graham Talbot

01224 242000 http://www.maerskoil.com

MARATHON OIL U.K. LLC Marathon House Hill of Rubislaw Anderson Drive Aberdeen AB15 6FZ

Carri Lockhart Larry Seidel Thomas Little

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

Kenichi Koyanagi Jiro Mukai Michio Kawamata Tetsuya Nishigaki Akihiko Takada

0207 025 3445 Web: http://www.mitsubishicorp.com

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MITSUI E&P UK LIMITED 24 King William Street London EC4R 9AJ

Kenichiro Yamaguchi Shuichi Nomizu Kenji Kaneko Naoki Ishii Yutaka Tsuji Chisumi Tanaka Nobuo Ishii Tomonori Nomura

0207 822 0321 https://www.mitsui.com/

MURPHY PETROLEUM LIMITED 4 Beaconsfield Road, St. Albans Hertfordshire AL1 3RH

Patricia Haylock Simon Rhodes James Goodfellow Bryan Kelly Walter Compton Susan Hogg Thomas McKinlay

01727 892400 http://www.murphyoilcorp.com

NEXEN PETROLEUM U.K. LIMITED Charter Place, Vine Street Uxbridge UB8 1JG

Archie Kennedy Ian Smale Theresa Roessel Zhi Fang

01895 237700 http://www.nexeninc.com

NIO PETROLEUM (SABAH) LIMITED Level 5, Consort House Stell Road Aberdeen AB11 5QR

Stefan Ricketts Andrew McIntosh Edward Hensley Neil McCulloch

01224 287000 http://www.enquest.com

NOBLE ENERGY (OILEX) LIMITED Suffolk House, 154 High Street Sevenoaks TN13 1XE

Thomas Walker John Huser

01732 741999 http://www.nobleenergyinc.com

NORECO OIL (UK) LIMITED 15 APPOLD STREET LONDON EC2A 2HB

Orjan Gjerde Svein Killingland

00 47 99 28 39 00 http://www.noreco.com/en/

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NORTH SEA ENERGY (UK) LIMITED 23 CARDEN PLACE ABERDEEN AB10 1UQ

James Anderson Ian Lambert

00 1 416 366 4700

www.northseaenergy.ca/aboutus.html

Northern Petroleum plc 5 MARTIN HOUSE MARTIN LANE LONDON EC4R 0DP

Graham Heard John Lannaghan Stewart Gibson Keith Bush Nicholas Morgan

0207 469 2900 http://www.northpet.com

OMV (U.K.) LIMITED 14 Ryder Street London SW1Y 6QB

Michael Flanagan Martin Siencnik Walter Hamilton David Latin Vincent Graham Bernd Kammlander

0207 333 1600 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

C/O ASHURST LLP BROADWALK HOUSE 5 APPOLD STREET LONDON EC2A 2HA

Cristiaan Steveninck Alexander Diederik

00 31 20 305 5900

http://www.nobleenergyinc.com

Paladin Resources Limited 163 Holburn Street, Aberdeen AB10 6BZ

Douglas Whyte Paul Warwick Donna Skinner

01224 352500 http://www.talisman-energy.com

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PERENCO 10 Duke of York Square, London SW3 4LY

Nicholas Fallowes Jonathan Parr Michael Richardson Jan Ruskin Terence Crook Francois Raux Keith Tucker Brian James

0207 901 8200 http://www.perenco.com

PREMIER OIL UK LIMITED Blenheim Gate 53 Blenheim Place Aberdeen AB25 2DZ

Stephen Huddle Anthony Durrant Andrew Lodge Neil Hawkings Simon Lockett Nigel Wilson Michael Skittmore Robert Allan A Dinsmore-Wilson

020 7730 1111 http://www.premier-oil.com/

RIGEL PETROLEUM (NI) LIMITED Talisman House 163 Holburn Street Aberdeen AB10 6BZ

John Forrest Paul Warwick Jifeng Ye Yi Zhang Robert Rooney

01224 352500 http://www.talisman-energy.co.uk

ROC OIL (GB) LIMITED High Street Saxilby Lincoln LN12 2JQ

Neil Butler Alan Linn

http://www.rocoil.com.au

RWE DEA UK SNS LIMITED 4th Floor 90 High Holborn London WC1V 6LJ

Paul Jeffs Thomas Kremski Dirk Schoene Annette Lippold

02031160200 http://www.rwe.co.uk

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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

Si Constant-Glemas Glen Cayley David Moss Michael Coates Trui Hebbelinck Erik Bonino

01224 882 000 http://www.shell.co.uk

SOJITZ ENERGY PROJECT LIMITED 7th Floor Northern & Shell Bldg 10 Lower Thames Street London EC3R 6EQ

Satoshi Awaya Toshiaki Ise

0207 337 7800 http://www.sojitz.com/en/

SPIKE EXPLORATION UK LTD 17 Cavendish Sq. London W1G 0PH

Ivan Inchenko General Manager UK

0203 008 7642 http://www.spike-x.com/

STAR ENERGY OIL & GAS LIMITED 7 DOWN STREET LONDON W1J 7AJ

Andrew Austin Stephen Bowler

0207 993 9899 http://www.starenergy.co.uk

STATOIL (U.K.) LIMITED 1 Kingdom Street, London, W2 6BD

Gunnar Breivik V-P Western Europe

0203 204 3200 http://www.statoil.com

SUMMIT PETROLEUM 23 COLLEGE HILL LONDON EC4R 2RP

Tadashi Fujimagari Richard Saxby Carl Smith Yukio Kanazawa Satoru Sugiura Hajimi Mori

0207 429 3500 http://www.summitpetroleum.co.uk

SUNCOR ENERGY UK LIMITED 28b Albyn Place Aberdeen AB10 1YL

Ronald Davie Keith Russell Robert Whyte

01224 565600 Web: http://www.suncor.com

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TALISMAN SINOPEC ENERGY UK LIMITED

163 Holburn Street, Aberdeen AB10 6BZ

Roger Ramshaw Paul Warwick Jifeng Ye Yi Shang Robert Rooney

01224 352500 http://www.talisman-energy.co.uk

TAQA BRATANI LIMITED Taqa Bratani Limited Prospect Road, Westhill, Aberdeenshire, AB32 6FE

Peter Jones 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/

TOTAL E&P UK 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

TRANSWORLD PETROLEUM (U.K.) LIMITED

20-22 BEDFORD ROW LONDON WC1R 4JS

Paul Warwick Jifeng Ye Yi Shang Robert Rooney

0207 499 0771 http://www.talisman-sinopec.com

TRAP OIL LTD 4 Park Place St James, Mayfair London SW1A 1LP

Paul Collins Mark Groves-Gidney Martin David

0203 170 5586 http://www.trapoil.com

VALIANT NORTH SEA LIMITED 8 Rubislaw Terrace Aberdeen AB10 1XE

01224 638 582 http://www.ithacaenergy.com/

MOLGROWEST (I) LIMITED Riverside House, Riverside Drive, Aberdeen, AB11 7LH

Attila Fogarasi Carl Grenz Alexander Dodds

01224 224300 http://www.molgroup.hu

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PARKMEAD GROUP plc 4 Queens Terrace Aberdeen AB10 1XL

Thomas Cross Ryan Strougler Dr Colin Percival

01224 622200 http://www.parkmeadgroup.com/

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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)