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Exploration Data

The NSTA is committed to improving access to quality data to revitalise exploration of oil and gas across the UK Continental Shelf (UKCS). 

Taxation4
Taxation

The tax regime which applies to exploration for, and production of, oil and gas in the UK and on the UK Continental Shelf (UKCS) currently comprises the following four elements, described briefly in turn below:

Tight Gas

The NSTA estimates that there is potential for up to 3.8 trillion cubic feet (tcf) of remaining gas resources within the Southern North Sea (SNS), inclusive of infill opportunities, undeveloped discoveries and prospects.

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OGA Plan To Reduce UKCS Greenhouse Gas Emissions

The requirement for rapid and sustained reductions in oil and gas production emissions continues to be essential. Under the OGA Strategy 1 (‘the Strategy’), relevant persons must take net zero into account within their decision-making processes.