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This document sets out the Authority’s response to the consultation on proposals to revise the Maximising Economic Recovery Strategy for the UK. This consultation ran from 6 May to 29 July 2020.

The Authority estimate of remaining UK Continental Shelf (UKCS) recoverable petroleum resources is in the range 10 to 20 billion barrels or more of oil equivalent (boe), including discovered and undiscovered petroleum resources.

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 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