24 April 2024
OGA warns of urgent need to replace depleting UK oil and gas reserves
Publication date: 01 November 2017
Gas Strategies Group
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The UK’s hydrocarbon reserves could sustain production for a further 20 years but the rate of replacement has dropped to levels of “concern”, according to the Oil & Gas Authority (OGA).
Despite the two decades-worth of supply, replacing these volumes is a pressing issue given ...