The United Kingdom is forecast to produce some 37.3 million metric tons of crude oil in 2022. By 2040, this figure is expected to fall to 12.6 million metric tons. According to the BEIS reference scenario, that year could see oil products' demand reach 59.9 million metric tons of oil equivalent, which would be nearly five times the projected output volume.
Forecast crude oil production and oil products demand in the United Kingdom (UK) from 2022 to 2040 (in million tons of oil equivalent)
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Statistics on The United Kingdom Continental Shelf
Overview
8
- Premium Statistic Oil production share of selected countries in Europe and CIS 2021
- Premium Statistic Oil production in the United Kingdom (UK) 2003-2021
- Premium Statistic United Kingdom - crude oil production and trade 2010
- Premium Statistic Crude oil production in the UK 2010-2021
- Premium Statistic Quarterly indigenous crude oil and NGLs production in the United Kingdom 2010-2022
- Premium Statistic Long-term oil production and demand outlook in the UK 2022-2040
- Premium Statistic Gross revenue of the United Kingdom Continental Shelf (UKCS) 1971-2018
- Basic Statistic North Sea: UK government revenue 2008-2022
Production
8
- Premium Statistic Productivity of United Kingdom Continental Shelf 2010-2018
- Premium Statistic Number of wells on United Kingdom Continental Shelf 2010-2018, by type
- Premium Statistic United Kingdom Continental Shelf's capital investment 2014-2022
- Premium Statistic Operating costs of the United Kingdom Continental Shelf 2010-2018
- Premium Statistic Unit operating costs of the United Kingdom Continental Shelf 2010-2018
- Basic Statistic Supply of gas from the UKCS in Great Britain (GB) 2015-2019
- Premium Statistic Undeveloped resources discovered on the UKCS 2018, by break-even oil price
- Premium Statistic Forecasted production growth of UKCS after transfer of ownership 2018-2030
Decomissioning
4
- Premium Statistic Costs of oil platform decommissioning on the UKCS 2010-2020
- Premium Statistic North Sea oil well decommissioning forecast in the UK 2021-2030, by well type
- Premium Statistic North Sea: forecast weight of decommissioned structures for removal 2019-2028
- Premium Statistic North Sea: forecast tonnage to be brought ashore 2017-2025
Enterprises and employment
6
- Premium Statistic Enterprises in the crude petroleum and natural gas extraction industry UK 2008-2017
- Basic Statistic United Kingdom (UK): turnover of the crude oil & natural gas extraction industry 2009-2018
- Basic Statistic Number of oil & gas extraction companies in the UK in 2022, by turnover
- Basic Statistic Number of oil & gas extraction enterprises in the UK in 2022, by employment size
- Premium Statistic Employment in the crude petroleum and natural gas extraction industry UK 2008-2017
- Premium Statistic Offshore oil and gas industry employment in the United Kingdom 2013-2019
Further related statistics
16
- United Kingdom: primary oil production and trade 2010-2018
- Long-term oil import dependency outlook in the UK 2022-2050
- Leading oil producing countries 2020
- Global oil production share 2021, by country
- Oil production in the European Union 2000-2021
- Share of crude oil in total energy production in China 2010-2020
- Ecopetrol: crude oil production share 2021, by type
- Ecopetrol: crude oil production 2016-2021, by type
- Refinery feedstock volume of crude oil in Finland 2007-2017
- Crude oil production in Angola, by operator 2018
- Share of oil and gas production in Russia in 2018, by region
- United Kingdom: propane production and trade 2010-2019
- United Kingdom: butane production and trade 2010-2018
- United Kingdom: production and trade of bitumen 2010-2021
- Main import trade partners of Vietnam 2021, by trade value
- Export volume of rubber from Indonesia 2020, by type
Further Content: You might find this interesting as well
Statistics
- United Kingdom: primary oil production and trade 2010-2018
- Long-term oil import dependency outlook in the UK 2022-2050
- Leading oil producing countries 2020
- Global oil production share 2021, by country
- Oil production in the European Union 2000-2021
- Share of crude oil in total energy production in China 2010-2020
- Ecopetrol: crude oil production share 2021, by type
- Ecopetrol: crude oil production 2016-2021, by type
- Refinery feedstock volume of crude oil in Finland 2007-2017
- Crude oil production in Angola, by operator 2018
- Share of oil and gas production in Russia in 2018, by region
- United Kingdom: propane production and trade 2010-2019
- United Kingdom: butane production and trade 2010-2018
- United Kingdom: production and trade of bitumen 2010-2021
- Main import trade partners of Vietnam 2021, by trade value
- Export volume of rubber from Indonesia 2020, by type
North Sea Transition Authority. (March 1, 2022). Forecast crude oil production and oil products demand in the United Kingdom (UK) from 2022 to 2040 (in million tons of oil equivalent) [Graph]. In Statista. Retrieved March 27, 2023, from https://www.statista.com/statistics/749076/projected-uk-oil-production-demand/
North Sea Transition Authority. "Forecast crude oil production and oil products demand in the United Kingdom (UK) from 2022 to 2040 (in million tons of oil equivalent)." Chart. March 1, 2022. Statista. Accessed March 27, 2023. https://www.statista.com/statistics/749076/projected-uk-oil-production-demand/
North Sea Transition Authority. (2022). Forecast crude oil production and oil products demand in the United Kingdom (UK) from 2022 to 2040 (in million tons of oil equivalent). Statista. Statista Inc.. Accessed: March 27, 2023. https://www.statista.com/statistics/749076/projected-uk-oil-production-demand/
North Sea Transition Authority. "Forecast Crude Oil Production and Oil Products Demand in The United Kingdom (Uk) from 2022 to 2040 (in Million Tons of Oil Equivalent)." Statista, Statista Inc., 1 Mar 2022, https://www.statista.com/statistics/749076/projected-uk-oil-production-demand/
North Sea Transition Authority, Forecast crude oil production and oil products demand in the United Kingdom (UK) from 2022 to 2040 (in million tons of oil equivalent) Statista, https://www.statista.com/statistics/749076/projected-uk-oil-production-demand/ (last visited March 27, 2023)
Forecast crude oil production and oil products demand in the United Kingdom (UK) from 2022 to 2040 (in million tons of oil equivalent) [Graph], North Sea Transition Authority, March 1, 2022. [Online]. Available: https://www.statista.com/statistics/749076/projected-uk-oil-production-demand/