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The purpose of this annual report is to provide an estimate of the UKCS’s remaining recoverable petroleum resources

This report documents the purpose, scope, estimating methodology, inputs, analysis, assurance and outputs of the Authority’s 2017 United Kingdom Continental Shelf (UKCS) Decommissioning Cost Estimate

The licensing regime is designed to maximise the economic recovery of UK offshore oil and gas. 

The North Sea Transition Authority (NSTA) introduced new measures in 2018 to ensure operators work appropriately with the supply chain and derive maximum value from project activity.

Explore NSTA production data

The total cost of decommissioning remaining UK offshore oil and gas production, transportation and processing infrastructure has reduced by 17%, on a like-for-like basis, to £49bn compared with a 2017 base-line estimate of £59.7bn

This report provides comparison data which benchmarks a wide range of UKCS decommissioning activities

The total cost of decommissioning UK offshore oil and gas production, transportation and processing infrastructure has reduced by 19%, on a like-for-like basis, to £48bn compared with the 2017 base-line estimate of £59.7bn