June 2014, Vol. 241, No. 6


Deloitte Forecasts Lower North Sea Activity Levels

Drilling and deal activity on the UK Continental Shelf (UKCS) will remain at a steady low for at least the next year, suggests a new report from business advisory firm Deloitte. Poor weather and high costs have affected the amount of exploration and appraisal (E&A) work conducted in the region during the first quarter. The report, which details activity across North West Europe, found 12 E&A wells were drilled on the UKCS. Although that’s an increase of five wells compared with the final quarter of 2013, it is one less than the same period last year. There were fewer deals completed compared with the same period last year, with 10 this quarter compared to 19 a

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Pipeline & Gas Journal magazine.

2) Start your full access subscription to Pipeline & Gas Journal and gain UNLIMITED access to this article, the current issue, all past issues in the technical archive, access to all special reports, special focus supplements and more. Pricing start at $395/year.   

*Access will be granted the next business day.


Related Articles


{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}