The EI library in London is temporarily closed, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via firstname.lastname@example.org, and is available for live chats on this page during working hours (09:15-17:00 GMT). Our e-library is always open for members here: https://knowledge.energyinst.org/services/elibrary, for full-text access to over 200 e-books and millions of articles. We are sorry for any inconvenience.
UKCS Production Efficiency in 2016
Production efficiency (PE) has risen for a fourth consecutive year, in 2016 it reached 73%, driving increased production in the United Kingdom Continental Shelf (UKCS). Improvements in efficiency contributed an additional 12 million barrels of oil equivalent (boe) in 2016, which is more than the UKCS’s 7th ranked field.
There is still significant scope for further efficiency improvements, an additional 220,00 boe a day could be generated from underperforming hubs reaching 80% PE.
Online Resource details
- Websites: https://www.ogauthority.co.uk/news-publications/news/2017/uk-oil-and-gas-production-efficiency-rises-to-73/ -
- Countries: United Kingdom -
- Subjects: Economics, business and commerce - Exploration and production - Oil and gas - Policy and Governance - Primary energy production - Regulation and accountability -