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Ensuring that decommissioning is carried out in a timely and cost-effective manner not only helps value creation from the UKCS, but also demonstrates industry’s commitment to responsibly managing the UK’s petroleum legacy.

We expect that the adoption and implementation of good commercial practice should enable activity to be progressed in a manner, and at a pace, consistent with obligations in the MER UK Strategy

Accounts presented to the House of Commons pursuant to Section 7(2) of the Government Resources and Accounts Act 2000

Board Minutes

This document provides general guidance as to the approach we will usually take in assessing whether a project achieves a Satisfactory Expected Commercial Return (‘SECR’).

The term “tight gas” is an economic term commonly used to describe low permeability gas reservoirs that produce primarily dry gas. Production rates and recoverable reserves are typically uneconomic unless reservoir stimulation techniques are used to enhance recovery