Decommissioning Insight 2018

DECOMMISSIONING INSIGHT 2018

Figure 3: UKCS Expenditure

30

E&A Expenditure

Capital Expenditure

25

Operating Expenditure

Decommissioning Expenditure

20

15

10

Expenditure (£ billion)

5

0

1970

1972

1974

1976

1978

1980

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

2014

2016

E 2018

Source: Oil & Gas UK, OGA

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

Percentage of Total Expenditure

1970

1972

1974

1976

1978

1980

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

2014

2016

E 2018

E&A Expenditure

Capital Expenditure

Operating Expenditure

Decommissioning Expenditure

Source: Oil & Gas UK, OGA

14