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Oil and Gas Production Statistics for 2019

Oil and Gas Production Statistics for 2019

 

Statistics announced today by Scotland’s Chief Statistician show that oil and gas production in Scotland, including Scottish adjacent waters, is estimated to have been 74.0 million tonnes of oil equivalent (mtoe). This was a decrease of 3.9% compared to 2018, and accounted for 78 per cent of total UK production.

In the latest year, production of crude oil and natural gas liquids (NGL), which account for nearly three quarters of the total, increased by 2.3% to 54.0 mtoe, which is the highest level since 2010. This was offset by a fall of 17.4% in natural gas production, to 20.0 mtoe.

The approximate sales value of oil and gas produced in Scotland is estimated to have been £22.0 billion in 2019. This has fallen by 13.7% compared to 2018 due to a combination of declining production and a reduction in oil and gas prices. Operating expenditure, not including decommissioning, has increased to £7.4 billion. Capital expenditure in Scottish adjacent waters has increased to £6.1 billion. 

Background

Oil and Gas Production Statistics includes estimates of oil and gas production activity in Scotland (including Scottish adjacent waters). It reports production volumes, approximate sales income, operating costs and capital expenditure.

In this publication all estimates are converted into the standard energy unit of tonnes of oil equivalent (toe) to allow for comparison between liquids and gases. A tonne of oil equivalent is the amount of oil, gas or NGL equivalent to 11,630 kWh or 41.868 GJ.

All statistics in this publication are consistent with information published by the Department for Business, Energy and Industrial Strategy (BEIS) and the Oil and Gas Authority (OGA) for total UK oil and gas production, income and expenditure. Estimates for Scotland are based on production data for each individual oil and gas field which is located in Scotland or Scottish adjacent waters.

The full statistics publication, including results back to 1998, is available at: 
https://www.gov.scot/publications/oil-and-gas-production-statistics-2019/

Further information on energy and economy statistics is available at:
Economy statistics - gov.scot (www.gov.scot)
Energy statistics - gov.scot (www.gov.scot)

The figures released today were produced in accordance with professional standards set out in the Code of Practice for Official Statistics. More information on the standards of official statistics in Scotland can be accessed at: http://www.scotland.gov.uk/Topics/Statistics/About

Publication of the Oil and Gas Productions statistics for 2019, due to be published in September 2020, was delayed to March 2021 due to coronavirus (COVID-19).

Source: gov.scot

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Published: 01-04-2021

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