There has been a net decline in capital expenditure for the United Kingdom Continental Shelf since 2014. In 2022, the oil and gas industry is forecast to spend between 3.5 and four billion British pounds in capital investments. This would be an increase compared to the 3.4 billion British pounds spent in 2021 and a reflection of global oil and gas supply issues.
Capital expenditure on the United Kingdom Continental Shelf (UKCS) from 2014 to 2021, with a forecast for 2022 (in billion British pounds)
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Other statistics that may interest you The United Kingdom Continental Shelf
Overview
8
- Premium Statistic Oil production share of selected countries in Europe and CIS 2022
- Premium Statistic Oil production in the United Kingdom (UK) 2003-2022
- Premium Statistic United Kingdom - crude oil production and trade 2010
- Basic Statistic Quarterly indigenous crude oil and NGLs production in the United Kingdom 2010-2023
- Premium Statistic Long-term oil production and demand outlook in the UK 2024-2050
- Premium Statistic Gross revenue of the United Kingdom Continental Shelf (UKCS) 1971-2018
- Basic Statistic North Sea: UK government revenue 2008-2023
- Premium Statistic Proved oil reserves in the United Kingdom 1960-2022
Production
8
- Premium Statistic Productivity of United Kingdom Continental Shelf 2010-2018
- Premium Statistic Number of wells on United Kingdom Continental Shelf 2010-2018, by type
- Premium Statistic United Kingdom Continental Shelf's capital investment 2014-2022
- Premium Statistic Operating costs of the United Kingdom Continental Shelf 2010-2018
- Premium Statistic Unit operating costs of the United Kingdom Continental Shelf 2010-2018
- Basic Statistic Supply of gas from the UKCS in Great Britain (GB) 2015-2019
- Premium Statistic Undeveloped resources discovered on the UKCS 2018, by break-even oil price
- Premium Statistic Forecasted production growth of UKCS after transfer of ownership 2018-2030
Decomissioning
4
- Premium Statistic Costs of oil platform decommissioning on the UKCS 2010-2020
- Premium Statistic Oil well decommissioning forecast in the UK 2023-2032, by well type and region
- Premium Statistic North Sea: forecast weight of decommissioned structures for removal 2019-2028
- Premium Statistic North Sea: forecast tonnage to be brought ashore 2017-2025
Enterprises and employment
6
- Premium Statistic Enterprises in the crude petroleum and natural gas extraction industry UK 2008-2017
- Basic Statistic UK turnover of the crude oil & natural gas extraction industry 2009-2018
- Basic Statistic Number of oil & gas extraction companies in the UK in 2023, by turnover
- Basic Statistic Number of oil & gas extraction enterprises in the UK in 2023, by employment size
- Premium Statistic Employment in the crude petroleum and natural gas extraction industry UK 2008-2017
- Premium Statistic Offshore oil and gas industry employment in the United Kingdom 2013-2019
Further related statistics
16
- Percentage of global oil and gas megaprojects facing cost overruns 2014, by region
- Average cost overrun of global oil and gas megaprojects 2014, by region
- Average cost overrun of global oil and gas megaprojects 2014, by project type
- Percentage of global oil and gas megaprojects facing cost overruns 2014, by type
- Percentage of global oil and gas megaprojects facing schedule delays 2014, by type
- Net government cash flow from petroleum activities in Norway 2008-2018
- Distribution of cost overruns of global oil and gas megaprojects post-FID 2014
- Value of selected major oil and gas projects worldwide 2016
- Employee number in the oil and gas industry in Norway 2008-2018, by sector
- Storm Uri impact on Texas' oil and gas industry February 2021
- Total fuel production on the UKCS in the United Kingdom (UK) 2014-2019
- Total liquids production on the UKCS in the United Kingdom (UK) 2014-2019
- Mineral fuel export value from Japan to America 2019, by region
- Value of top oil projects Algeria 2020, by project
- Value of M&A deals in Colombia 2018-2022
- Oil sector capital expenditure (CapEx) in Angola 2010-2030
Further Content: You might find this interesting as well
Statistics
- Percentage of global oil and gas megaprojects facing cost overruns 2014, by region
- Average cost overrun of global oil and gas megaprojects 2014, by region
- Average cost overrun of global oil and gas megaprojects 2014, by project type
- Percentage of global oil and gas megaprojects facing cost overruns 2014, by type
- Percentage of global oil and gas megaprojects facing schedule delays 2014, by type
- Net government cash flow from petroleum activities in Norway 2008-2018
- Distribution of cost overruns of global oil and gas megaprojects post-FID 2014
- Value of selected major oil and gas projects worldwide 2016
- Employee number in the oil and gas industry in Norway 2008-2018, by sector
- Storm Uri impact on Texas' oil and gas industry February 2021
- Total fuel production on the UKCS in the United Kingdom (UK) 2014-2019
- Total liquids production on the UKCS in the United Kingdom (UK) 2014-2019
- Mineral fuel export value from Japan to America 2019, by region
- Value of top oil projects Algeria 2020, by project
- Value of M&A deals in Colombia 2018-2022
- Oil sector capital expenditure (CapEx) in Angola 2010-2030
Offshore Energies UK. (March 28, 2022). Capital expenditure on the United Kingdom Continental Shelf (UKCS) from 2014 to 2021, with a forecast for 2022 (in billion British pounds) [Graph]. In Statista. Retrieved May 25, 2024, from https://www.statista.com/statistics/830000/ukcs-capital-expenditure-united-kingdom-uk/
Offshore Energies UK. "Capital expenditure on the United Kingdom Continental Shelf (UKCS) from 2014 to 2021, with a forecast for 2022 (in billion British pounds)." Chart. March 28, 2022. Statista. Accessed May 25, 2024. https://www.statista.com/statistics/830000/ukcs-capital-expenditure-united-kingdom-uk/
Offshore Energies UK. (2022). Capital expenditure on the United Kingdom Continental Shelf (UKCS) from 2014 to 2021, with a forecast for 2022 (in billion British pounds). Statista. Statista Inc.. Accessed: May 25, 2024. https://www.statista.com/statistics/830000/ukcs-capital-expenditure-united-kingdom-uk/
Offshore Energies UK. "Capital Expenditure on The United Kingdom Continental Shelf (Ukcs) from 2014 to 2021, with a Forecast for 2022 (in Billion British Pounds)." Statista, Statista Inc., 28 Mar 2022, https://www.statista.com/statistics/830000/ukcs-capital-expenditure-united-kingdom-uk/
Offshore Energies UK, Capital expenditure on the United Kingdom Continental Shelf (UKCS) from 2014 to 2021, with a forecast for 2022 (in billion British pounds) Statista, https://www.statista.com/statistics/830000/ukcs-capital-expenditure-united-kingdom-uk/ (last visited May 25, 2024)
Capital expenditure on the United Kingdom Continental Shelf (UKCS) from 2014 to 2021, with a forecast for 2022 (in billion British pounds) [Graph], Offshore Energies UK, March 28, 2022. [Online]. Available: https://www.statista.com/statistics/830000/ukcs-capital-expenditure-united-kingdom-uk/