Reserves and resources – Supplementary Statistics and Commentary

Almost half of the remaining reserves are located in the central North Sea, followed by around 25% to the west of the Shetlands and slightly over 15% in the northern North Sea. The southern North Sea and the Irish Sea complete the picture with 10% and 2% of the total, respectively.

UKCS Oil Reserves by Sector- 66% of reserves

UKCS Gas Reserves by Sector- 34% of reserves

Total commercial reserves discovered vs. finding costs (1993 – 2004)