Busy, eventful year in prospect for UK Continental Shelf

Alex Kemp*

*Corresponding author for this work

Research output: Contribution to specialist publicationArticle

Abstract

The activities of UK Continental Shelf (UKCS) for the year 2005 are discussed. The higher activity is measured using physical and financial indicators. The money spent by the industry have also showed strong upward movement. The increased interest in the UKCS among investors was manifested in the strong response to the 23rd Licensing Round. It is stated that the UKCS remains a high-cost region and has to compete for investment funds with other petroleum provinces.

Original languageEnglish
Pages36-37
Number of pages2
Volume226
No.12
Specialist publicationWorld Oil
Publication statusPublished - 1 Dec 2005

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