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UKCS Decommissioning Cost Estimate 2022

The total estimated cost of decommissioning UKCS upstream oil and gas infrastructure has fallen by a further £1.5bn to £44.5bn, representing an overall decrease of about £15bn (25%) since the baseline forecast and cost reduction target were introduced in 2017

Flaring and venting

The NSTA is the regulator for flaring and venting under the Energy Act 1976 (as amended by the Energy Act 2016) and the Petroleum Act 1998

Area Plans

An Area Plan is a cross licence/ cross Hub collaborative framework to ensure economic recovery of oil and gas, whilst supporting the drive to net zero carbon by 2050, in a particular geographical area of the UKCS, based on the analysis of evidence.