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

Production Efficiency (PE) is a core element of the industry production optimisation and asset stewardship focus which is vital to maximising economic recovery from the UKCS

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

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