The 2024 UKCS Production Efficiency dashboard and the 2024 UKCS Unit Operating Cost dashboard were published on 7 August 2025.
Production Efficiency, which indicates how well companies are performing by comparing actual production with the volumes they could potentially have produced, was 75% in 2024.
Unit Operating Cost – the average amount of money spent to produce a barrel of oil and gas – was £19.49 per barrel of oil equivalent in 2024.