U. K. North Sea production prospects to the year 2000
This study by the U.K. Offshore Operators Assn. (UKOOA) used members' confidential reserve and production data to project future exploration possibilities in key areas of the U.K. North Sea. When these data were combined with the inventory of existing but underdeveloped discoveries, it was possible to forecast a range of future levels of oil and gas production and the development effort required. This study highlights the potential significance of gas-condensate discoveries and projects one ambitious but technically achievable scenario to the year 2000. Since this paper was first presented in late 1984, the sudden fall in oil prices during the first half of 1986 has resulted in the deferral of many potential oil and gas-condensate developments. Thus, while the reserve base remains unchanged and technical conclusions are still valid, the pace of development is likely to be much slower than the projected scenario, at least until prices recover in the 1990's.
- Research Organization:
- U.K. Offshore Operators Assn.
- OSTI ID:
- 6824522
- Journal Information:
- J. Pet. Technol.; (United States), Vol. 39:1
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
03 NATURAL GAS
29 ENERGY PLANNING
POLICY AND ECONOMY
GAS CONDENSATES
FORECASTING
RESERVES
NORTH SEA
GAS CONDENSATE FIELDS
PETROLEUM
PRICES
DATA ANALYSIS
EXPLORATION
UNITED KINGDOM
ATLANTIC OCEAN
CONDENSATES
ENERGY SOURCES
EUROPE
FLUIDS
FOSSIL FUELS
FUELS
GEOLOGIC DEPOSITS
LIQUIDS
MINERAL RESOURCES
NATURAL GAS DEPOSITS
NATURAL GAS LIQUIDS
PETROLEUM DEPOSITS
RESOURCES
SEAS
SURFACE WATERS
WESTERN EUROPE
020100* - Petroleum- Reserves- (-1989)
030100 - Natural Gas- Reserves- (-1989)
294002 - Energy Planning & Policy- Petroleum
294003 - Energy Planning & Policy- Natural Gas
292000 - Energy Planning & Policy- Supply
Demand & Forecasting
290200 - Energy Planning & Policy- Economics & Sociology