2002 Strategic Environmental Assessment SEA3 Technical report - Socio economics of hydrocarbon licensing (North Sea)

Published by:
British Geological Survey (BGS)
Last updated:
15 March 2024
Topic:
Not added
Licence:
Other Licence
View licence information

Summary

This report is a contribution to the Strategic Environmental Assessment (SEA3) conducted by the Department of Trade and Industry (now Department of Energy and Climate Change). This study provides forecast information on probable activity levels, capital expenditure, tax revenues and employment resulting from exploration and production in the SEA3 area. The SEA3 area comprises 330 blocks or part blocks in the Central and Southern North Sea. Estimates were made of the reserves which might be discovered or developed. A cautious view was taken of the number of new developments which might emanate from licensing the area. The related exploration, appraisal, development and decommissioning costs were then estimated. Economic modelling was undertaken for different oil and gas prices to calculate for each development gross revenues, development costs, operating costs, and decommissioning costs. The taxation implications were also calculated. The impact of licensing the SEA3 area on the level of employment in the UK has been calculated. The proposed licensing would make a modest but worthwhile contribution towards moderating the downward trend of employment in the North Sea industry.

More from this publisher

All datasets from British Geological Survey (BGS)

Related datasets

Search

Data links

Link to the data Format File added Data preview
Strategic Environmental Assessment (SEA) data portal HTML 15 March 2024 Not available

Additional information

View additional metadata
Added to data.gov.uk
2011-08-30
Access contraints
Not specified
Harvest GUID
aba64100-c115-4de3-e044-0003ba6f30bd
Extent
Latitude: 56.4° to 51.1°
Longitude: -2° to 3.3°
Spatial reference system
urn:ogc:def:crs:EPSG::4326
Dataset reference date
2002-08-01 (publication)
Frequency of update
notPlanned
Responsible party
British Geological Survey (BGS) (custodian); Department for Energy and Climate Change (DECC) (originator)
ISO 19139 resource type
dataset
Metadata language
eng
Source Metadata
XML
HTML

Contact

Enquiries

British Geological Survey (BGS) | A world-leading geoscience centre

Freedom of Information (FOI) requests

Contact British Geological Survey (BGS) regarding this dataset Freedom of information requests for this dataset

Licence information

The SEAs data were produced as part of the UK Department of Energy and Climate Change's Offshore Energy Strategic Environmental Assessment programme; Crown Copyright, all rights reserved. The DECC SEA must be acknowledged in any maps or publications that make use of the data. All the data files are freely available to the public. The Strategic Environmental Assessment (SEA) data portal provides free access to available data and reports which have been produced through the SEA process. The site is run and managed by BGS on behalf of the Department of Energy and Climate Change (DECC). Many files can be downloaded directly from this website. Those that are too large to download can be ordered via the website for postal delivery from BGS. BGS (NERC) has been contracted by DECC to publish SEA datasets on its behalf. All intellectual property rights (including , without limitation, copyrights, database rights and all other rights which subsist or may at any time in the future subsist in the Dataset(s)) in the Dataset(s) ('Intellectual Property Rights') are owned by DECC (formerly the Department of Trade and Industry, and the Department for Business, Enterprise and Regulatory Reform). BGS has been authorised by DECC to use SEA datasets for all purposes but on a 'not-for-profit basis'. BGS has been authorised by DECC to pass on SEA datasets to third parties so that they can use them for all purposes but on a 'not-for-profit' basis.