A research paper carried out by Professor Alex Kemp and Artuto Regaldo at the University of Aberdeen modelling the effects of the Energy Profits Levy (Windfall Tax) on investment in the UKCS finds that, under realistic assumptions, investment in at least some new field developments, particularly relatively small ones, is likely to be discouraged.
A copy of the full research paper is available for download here.
KeyFacts Energy Industry Directory: University of Aberdeen