Oil and gas

About oil and gas

Ocean waves around an oil rig

Oil and gas remain vital parts of the UK’s energy mix; both of these fossil fuels are used for electricity generation.

In 2009, indigenous production of oil and gas met around 80% of the UK primary demand in oil and gas, or about two-thirds of the UK overall primary energy need. Although oil and gas production is now in decline, the remaining resource is sufficient to provide major benefits to the economy and to security of supply for many years. 

 

 

Oil and gas key facts

  • UK oil and gas currently supplies around 60% of UK energy needs.
  • In 2009 the UK oil and gas industry produced an average of 2.5 million barrels of oil equivalent every day.
  • In 2008 the UK ranked 14th in the list of major oil- and gas-producing countries.
  • The UK oil and gas industry supports 350,000 jobs directly and indirectly (and another 100,000 are involved in exporting goods/services).
  • The industry also provides around £8 billion annually to the Treasury in taxation.
  • Although 40 billion barrels have been produced, there could still be another 20 billion, or more, still producible.

The UK oil and gas industry has been the largest sector of industrial development throughout the past four decades. It continues to support more than 400,000 jobs and contribute around £8 billion a year to the Exchequer. UK production remains central to UK energy supplies.

DECC is responsible for licensing, exploration and regulating oil and gas developments on the UK continental shelf, working with the oil and gas supply chain, and regulating the environmental aspects of the industry including decommissioning.

We aim to maximise the economic recovery of oil and gas from the UK’s oil and gas reserves, taking full account of environmental, social and economic objectives.
 


PILOT

PILOT is a joint programme involving the Government and UK oil and gas industry operators, contractors, suppliers, trade unions and SMEs aiming to secure the long-term future of the industry in the UK.

 

Latest News

Loading 

Promotions

|

Connect With DECC

|

Project Pathfinder provides a real-time look at oil and gas projects in the UKCS over the next few years.
 

Project Pathfinder logo

Social sharing options

You are here:

  1. Home
  2. Meeting Energy Demand
  3. Oil and gas

Latest on DECC.GOV.UK

Energy efficiency statistics
Updated 14 minutes ago DECC statistics on energy efficiency.
Energy Efficiency Deployment Office (EEDO)
Updated 16 minutes ago The role, aims and objectives of the Energy Efficiency Deployment Office (EEDO)
Weekly fuel prices (XLS, 180KB)
Updated 1 day ago Spreadsheet providing data on weekly fuel prices.

Explore Department of Energy and Climate Change

About Us
Who we are, our goals and commitment, Jobs, Economics and social research in DECC...
Tackling Climate Change
What is climate change, Saving energy and C02, Carbon Plan, Green Deal, Smart Meters...
Meeting Energy Demand
Nuclear, Oil and Gas, Renewables, Energy security, Development consents and planning...
Cutting Emissions
Carbon budgets, Carbon capture and storage, EU Emissions Trading Scheme, CRC Energy Efficiency Scheme...
Funding and Support
Funding opportunities, Fuel poverty, Warm Front, Coal health claims...
Policy and Legislation
Policy and guidance A-Z, Our legislation...
Consultations
Search by topic, by status...
Statistics
Energy statistics, climate change statistics, fuel poverty statistics...
Publications
Search by keyword, by date, by category...
News
Latest news, Press releases, Speeches...
Glossary
Acronyms

Partners & Help

  • Directgov logo
  • info4local logo
  • The Natioinal Archives logo
  • Business Link logo
Link to home page