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Title:Oil and Gas Production Statistics 2015-16
Description:An Official Statistics Publication for Scotland.
File:Oil and Gas Production Statistics 2015-16 Publication [PDF, 451.6 kb: 16 Sep 2016]
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File:Oil and Gas Production Statistics 2015-16 Tables [XLS, 532.5 kb: 16 Sep 2016]
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Oil and Gas Production Statistics 2015-16

Oil and Gas Production Statistics

2015-16

An Official Statistics Publication For Scotland

Date: 14 September 2016

KEY FINDINGS
  • In financial year 2015-16, oil and gas production in Scotland (including Scottish adjacent waters) is estimated to have been 70.0 million tonnes of oil equivalent (mtoe).

  • Scottish production increased by 21.4% compared to 2014-5, and accounted for 81 per cent of the UK total.

  • In 2015-16, oil and gas fields in Scotland accounted for 96 per cent of UK crude oil and natural gas liquids (NGL) production, and 60 per cent of UK natural gas production.

  • In 2015-16, the approximate sales value of oil and gas produced in Scotland is estimated to be £13.4 billion.

  • The approx. sales value decreased by 23.5% compared to 2014-15, despite an increase in production over the year, due to sustained low prices.

  • In 2015-16, operating expenditure (excluding decommissioning) on oil and gas production in Scotland is estimated to be £6.8 billion, down 6.7% compared to the previous year.

  • In 2015-16, capital expenditure on oil and gas fields in Scottish waters is estimated to be £10.2 billion, down 17.6% compared to the previous year.

 

ABOUT THIS PUBLICATION

This publication includes estimates of oil and gas production activity in Scotland (including Scottish adjacent waters). It reports production volumes, approximate sales income, operating costs and capital expenditure.

The results are consistent with recent production statistics and data published by the Department for Business, Energy and Industrial Strategy (BEIS, formerly DECC), and with the latest expenditure statistics in the Oil and Gas UK Activity Survey for 2015.

This release contains annual results for the calendar years 1999 to 2015 and financial years 1999-00 to 2015-16.

Key findings in this publication are reported for the financial year 2015-16, which includes the latest available estimates up to March 2016. Some trends in production are also reported in calendar year terms. All results are available on both timeframes in the background tables, along with the quarterly estimates underpinning the annual totals.

All statistics in this publication are consistent with information published by the Department for Business, Energy and Industrial Strategy (BEIS) for total UK oil and gas production, income and expenditure. This includes production from both offshore and onshore oil and gas fields. Estimates for Scotland are based on production data for each individual oil and gas field which is located in Scotland or Scottish adjacent waters.

The latest results are consistent with:

  •  Digest of UK Energy Statistics (DUKES) 2016
  •  Quarterly Energy Trends: June 2016 to 2016 Quarter 1
  •  Oil & Gas UK (OGUK) Activity Survey 2016
  •  Income from and expenditure on UKCS exploration, development and operating activities: annually 1970-2013

Estimates for the Scottish zone of the UK Continental Shelf are based on activities within the Scottish adjacent waters boundary, which was defined for the devolution of fisheries policy (Figure 1). The use of alternative boundaries is possible.

The Scottish Government uses this zone in economic statistics which include estimates of Scottish offshore activity, including Quarterly National Accounts and Government Expenditure & Revenue Scotland. For economic statistics it has become known as the ‘illustrative geographical share’ of UK offshore or extra-regio activities.

The UK oil and gas data published by BEIS reports production of crude oil and NGL in tonnes, and natural gas in GWh or standard cubic metres. All estimates presented in this publication are converted into the standard energy unit of Tonnes of Oil Equivalent (toe) to allow meaningful comparison between liquids and gases.

BEIS also publishes annual estimates of production revenue (approximate sales income), operating costs and capital expenditure for the UKCS based on an annual survey of extraction companies. In recent years this survey has been run by the trade body, Oil and Gas UK (OGUK), and results are published as results of the OGUK Activity Survey in February of the following year. Field level data on operating revenues and expenditure are not published. Instead, estimates of commercial activity arising from activities in Scottish adjacent waters are modelled using commercially sourced analytical data. This is also the data source used for provisional estimates for 2016 Quarter 1.

In this publication, approximate sales income represents the market value of oil and gas at the time of production and is not based on actual company sales data. In reality, oil and gas is generally traded with complex pricing structures, but the approximate sales income estimates are indicative of levels and trends.

Further information on the Oil and Gas Production statistics is provided in the methodology paper published at:

http://www.gov.scot/Topics/Statistics/Browse/Economy/oilgas/Methods

Note: At the initial time of publication, a techincal problem prevented the downloadable documents from being added to the website. On Wednesday 14 September a downloadable version of the statistical bulletin with simple formatting (.pdf) was made available. This has now been replaced by the fully formatted version above. We apologise for any invonvenience caused.  (Friday 16 September)

Tables

Table 1.1

Table 2.1