Energy Country Review: Complimentary 7-day trial

  • News-alert sign up
  • Contact us

The Collapse of the UKCS Oil & Gas Industry

25/10/2023

The UK North Sea Transition Authority (NSTA) released their report “UK Oil and Gas Reserves and Resources” on 19th October 2023. The report states it “finds that petroleum reserves remain at a significant level”.

However, the published numbers show a major drop over the last decade. 

In his latest video Mike Cooper from 1st Subsurface, TROVE reviews the report findings  - and shares his view on the woeful state of the UK oil and gas industry.

Watch the video   l   KeyFacts Energy Industry Directory: 1st Subsurface

< Previous Next >