Decommissioning Insight 2015

Figure 3: Comparison of Forecast Decommissioning Expenditure

1

Increased Uncertainty in Forecasts

1,000 1,200 1,400 1,600 1,800 2,000 2,200

2

2014

2015

3

4

0 200 400 600 800

5

Forecast Expenditure (£ Million - 2015 Money)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

6

Central and Northern North Sea/West of Shetland

Source: Oil & Gas UK

7

1,000 1,200 1,400 1,600 1,800 2,000 2,200

Increased Uncertainty in Forecasts

2014

2015

8

9

0 200 400 600 800

Forecast Expenditure (£ Million - 2015 Money)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

Southern North Sea and Irish Sea

Source: Oil & Gas UK

Forecast Expenditure 2014 Report 2015 Report

Central and Northern North Sea/West of Shetland

Southern North Sea and Irish Sea

£11.1 billion £14.1 billion

£3.5 billion £2.8 billion

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