1 min read

Wells Insight Report recommendations could boost North Sea Production

Wells Insight Report recommendations could boost North Sea Production

The North Sea Transition Authority (NSTA) has published the third Wells Insight Report.

The Report  highlights significant opportunities remaining in the UK Continental Shelf despite a continued low level of well activity in 2021 as the industry recovered from the pandemic.

The report’s findings are based on an analysis of data from the 2021 UK Stewardship Survey, providing real insight into well activity in the basin.

 

C453B28C-AF5D-4460-A52C-BDDE3E29343D_1_201_a

Source NSTA - Wells Insight Report 2022

 

The report includes trends and performance benchmarks in three distinct well categories: exploration and appraisal (E&A), new development wellbores, and existing well stock activities.

The report reveals that 10 E&A wellbores were spudded in 2021, up from nine in 2020, but down considerably from 29 in 2019. Sixteen high probability E&A wells are planned in 2022.

Click the links below to access the report as either an interactive, searchable publication, or to download the pdf version.


View the interactive report

Download the PDF report

 


Source: North Sea Transition Authority

Scottish Energy Strategy and Just Transition Plan

3 min read

Scottish Energy Strategy and Just Transition Plan

The Scottish Government has published their Draft Energy Strategy and Just Transition Plan. The primary aim of the new strategy is to detail how it...

Read More
bp Energy Outlook Report: 2023

4 min read

bp Energy Outlook Report: 2023

bp have published their Energy Outlook: 2023 Report. The report identifies their core beliefs about how the energy system may evolve over the next 30...

Read More
The Global Wind Energy Council (GWEC) have published their Global Wind Report 2023

2 min read

The Global Wind Energy Council (GWEC) have published their Global Wind Report 2023

The Global Wind Energy Council (GWEC) have published their Global Wind Report 2023. Some key takeaways from this years report are: Despite facing...

Read More