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Oil & Gas UK and DECC launch projects aimed at stimulating North Sea exploration

Industry news
Industry news

Oil & Gas UK has launched two new projects aimed at stimulating exploration in the UK North Sea.

It has also called for more firms to take part in the 21st Century Exploration Road Map initiative, which aims to create a digital petroleum geology snapshot of the UK continental shelf.

In a keynote speech at the PETEX exploration and production conference in London, Oonagh Werngren, the industry body’s operations director, said: “Two projects have evolved from a scoping study for the 21st Century Exploration Road Map.

“The first…comprises an industry-wide review, led and funded by the Department of Energy and Climate Change, of wells drilled in the central North Sea 2003-2013, an area deemed to hold the largest remaining potential on the UKCS.

“The second is a study, developed by the British Geological Survey, of the Palaeozoic potential of the UKCS that will draw on data from operators and contractors.

“The findings from these two pan-industry projects will feed into the 21st Century Exploration Road Map Project.

“We are looking to all companies working on the UKCS to actively participate in these projects through sponsorship and by providing staff time or geological or geophysical interpretations.”

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