Search

This guidance sets out when the Authority will consider the financial capability of a legal or natural person (“person”) and the factors that the Authority will usually take into consideration when doing so

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

The Petroleum Act 1998 vests all rights to onshore petroleum in the Crown, including the rights to search, bore for and get it. It empowers the Authority to grant licences to search for and bore for and get petroleum to such persons as they see fit

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

These guidelines are provided to assist companies who wish to become a field operator of oil or gas fields on the UKCS

Companies who want to participate in the exploitation of the UK’s oil and gas resources need (among other things) a Production Licence from the Oil and Gas Authority (OGA). The OGA operates a competitive system for awarding Production Licences.