The Oil and Gas Authority UK (OGA) has announced a suite of measures designed to make data openly available and stimulate interest in the UK Continental Shelf (UKCS) ahead of the 30th offshore licensing round.
The 30th offshore licensing round will focus on the more mature areas of the UKCS – some of which were last offered for licensing more than 40 years ago – and is expected to be the most significant offshore round in recent decades.
The measures announced today include:
The technology showcase event will focus on how technology can help unlock these future oil and gas developments in the upcoming 30th offshore licensing round.
The event will bring operators, prospective investors and technology developers together at the Aberdeen Exhibition and Conference Centre the week starting August 21, 2017, and will cover technology areas that are critical for the economic development of marginal fields, including seismic, well construction, subsea tie-backs, and efficient standalone facility concepts. The agenda will include presentations by the OGA on acreage and opportunities available in the licensing round, by the OGTC on support available to technology development, and slots for technology providers to showcase proposed solutions.
In addition, the OGA is also preparing a number of exploration focused data sets for public release. These will include the publication of UKCS-wide satellite gravity data, regional geological maps and associated databases covering the Central North Sea and Moray Firth, joined digital well logs and several geological databases including core analysis and pressure data.
Gunther Newcombe , OGA operations director, said: “We know that more than 3 billion barrels of oil equivalent (boe) remain in approximately 350 undeveloped discoveries across the UKCS. Data and technology are key to unlocking as many of these undeveloped discoveries as possible. That’s why we’re making this data openly available; to provide useful insights into each discovery and the potential these may hold.
“We want to see swift deployment of technology to help unlock many of these discoveries which is why we have also launched, in partnership with the OGTC, a technology event in August to bring operators and technology providers together with the 30th offshore licensing Rorund and beyond very much in mind.”