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A disappointing total of 48 development wells were drilled and 12 exploration and appraisal wells completed in 2022, according to the Wells Insight report 2022, published by the North Sea Transition Authority (NSTA) today (12 October).

Reserves and Resources as at end 2022

North Sea production has received a significant boost today (30 October) with the offer of 27 new licences in areas prioritised because they have the potential to go into production more quickly than others.

On 20 November 2023, the North Sea Transition Authority (NSTA), published revised Area Plan guidance.  The revised guidance can be viewed here.

An oil and gas operating company has been given the highest fine the NSTA has issued to date for emitting greenhouse gases into the atmosphere without permission. 

Press notice announcing Tranche 2 potential awards - 33rd Offshore Licensing Round

The North Sea Transition Authority (NSTA) sought views on a draft OGA Plan to reduce UK Continental Shelf greenhouse gas emissions from oil and gas production.

A new emissions reduction plan published today (27 March) by the North Sea Transition Authority (NSTA) has highlighted the need for action across the board on production decarbonisation – including action on flaring and venting and the electrification of oil and gas installations...