New Market Research Report: United Kingdom Oil & Gas Report Q4 2014
While we see a provisional uptick in oil and gas production in the UK from 2016/2017 onwards based on projects in the pipeline , the long-term trend remains one of stagnation given falling volumes from mature fields , a lack of significant new discoveries and increasing explo ration, production and operational costs in the region at a time when oil companies are seeking Capex cuts. While shale gas presents upside risk to gas production, this should not kick-in before the...
View full press release