🇬🇧GBR
United Kingdom
Europe
âš¡
Crude Oil
Strategic ResourceEnergy • conventional_oil • 1 deposit(s)
North Sea oil production has declined significantly from peak in 1999. Remaining reserves primarily in UK Continental Shelf. Government committed to net zero but continues licensing.
North Sea Oil Fields
Scotland, North Sea
producingExport Ready
Grade: 38 API_gravity - Brent crude - light sweet crude, global benchmark.
Security:1/5Regulatory:3/5Environmental:3/5
Proved2.50B bbl(recoverable)
📊Data Quality
Quality Tier:proved
Confidence:85%
As of:2025-01-01
✓No data quality warnings
Sources
- UK Oil and Gas Reserves
North Sea Transition Authority, 2025 - Energy Statistics
DESNZ, 2025
Base Case
Basis: recoverable (not applied)
= 40.0%
Gross Value
$200.00BmodeledState Value
$80.00BmodeledOptimistic
Basis: recoverable (not applied)
= 35.0%
Gross Value
$250.00BmodeledState Value
$87.50BmodeledNotes: NSTA proved reserves. Production ~700k bpd declining.