North Sea: UK government revenue 2008-2023

Annual government revenues from offshore oil and gas activity on the North Sea in the United Kingdom from 2008/09 to 2022/23

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Release date

August 2023


United Kingdom

Survey time period

2008 to 2023

Supplementary notes

* North Sea revenue includes revenue derived from petroleum revenue tax, corporation tax and licence fees. The source adds the following information: 'North Sea revenue is subject to annual fluctuations and is driven by a number of factors, including the oil price, the sterling dollar exchange rate, production, operating expenditure, capital investment, and the prevailing fiscal regime.

Figures for the years 2010/11 and before were taken from earlier publications.
This statistic is using original data from the Scottish Government and includes copyright material from © Crown, licensed under the Open Government License v3.0

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