Wells Strategy: July 2019 The Authority, working with industry, is committed to maximising the well value cycle on the UKCS (without detriment to safety or the environment) through effective regulation, promotion and by using its influence with licensees, the supply chain and relevant bodies Download
Stewardship Expectation 1: Joint Venture Hub Strategy We expect hub owners to have an agreed strategic vision for their hub, demonstrating how they will maximise economic recovery over its lifetime. Download
Stewardship Expectation 2: Delivering Exploration and Appraisal Work Programmes The Authority expects licensees to plan and deliver work programme activity in the initial licence term in a robust and effective manner Download
Stewardship Expectation 4: Well Activity Performance We expect that operators will maximise the value of wells throughout the well lifecycle Download
Stewardship Expectation 5: Robust Project Delivery We expect that operators will efficiently manage a project portfolio and deliver projects to the schedule, cost and production performance in accordance with the consented field development plan (or addendum) Download
Stewardship Expectation 7: Commercial Alignment and Delivery 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 Download
