Sales and Expenditure on Exploration, Development and Operating Activities

Sales (£ million)
Year

Oil

NGLs

Gas

Other(1)

Total Income

1993

8,109

523

3,568

699

12,899

1994

8,964

528

3,836

974

14,302

1995

9,881

614

4,141

1,166

15,802

1996

11,849

748

5,295

1,243

19,135

1997

10,327

700

5,254

1,279

17,560

1998

7,487

551

5,313

1,453

14,805

1999

10,257

727

5,031

1,436

17,450

2000

16,275

1,117

6,606

1,488

25,486

2001

13,646

963

8,140

1,435

24,185

2002

13,629

894

8,199

1,397

24,118

2003p

13,365

1,105

7,554

1,538

23,562

Expenses (£ million)
Year

Operating costs

Other(2)

 

Total Expenses

 Gross Operating Surplus (£million)

1993

3,661

47

          3,708

9,191

1994

3,860

40

          3,900

10,401

1995

3,913

37

          3,950

11,852

1996

3,978

31

          4,009

15,127

1997

4,150

34

          4,184

13,377

1998

4,190

111

          4,301

10,503

1999

4,249

282

          4,531

12,919

2000

4,360

106

          4,466

21,020

2001

4,347

49

          4,396

19,789

2002

4,596

48

          4,643

19,475

2003p

4,496

8

          4,504

19,058

Notes:

(1) Revenues from pipelines and terminals, and other revenues of operators and production licensees.

(2) Other costs of operators and production licensees not attributable to oil or gas fields.

The figures exclude change in stocks and book value of stocks

p Provisional

Gross Operating Surplus is given as Total income less Total Expenses.

Capital Investment (£ million) 
Year E&A(3) of which seismic Oil & Gas Fields Non-field (4) Total Other than E&A Total
1993 1,213   4,571 90 4,661 5,874
1994 939 160 3,620 51 3,671 4,610
1995 1,085 204 4,309 47 4,356 5,441
1996 1,097 190 4,326 38 4,364 5,461
1997 1,194 181 4,229 35 4,263 5,457
1998 762 128 5,053 -58 4,996 5,757
1999 457 55 3,103 -40 3,063 3,520
2000 348 40 2,783 -33 2,750 3,098
2001 420 33 3,543 27 3,570 3,990
2002 389 45 3,637 -39 3,598 3,988
2003p 334 42 3,449 -37 3,412 3,746

Notes: 

(3) E&A costs include exploration, and the cost of appraisal wells drilled prior to development approval.

(4) Other capital investment of operators and production licensees not classified to fields.

Operating expenditure by Operators and other Production Licensees (£ million)

Year Total Tariffs Other Maintenance Platform & equipment Field Wages & salaries Insurance Transport Platform Hire Miscell.
1993 3,661     492 234 403 270 349 36 1,879
1994 3,860     592 233 406 260 496 10 1,863
1995 3,913     517 290 393 226 559 4 1,925
1996 3,978     476 287 382 176 368 0 2,291
1997 4,152     536 321 358 135 311 48 2,445
1998 4,190 1,189 3,001              
1999 4,249 1,293 2,956              
2000 4,360 1,365 2,995              
2001 4,347 1,528 2,819              
2002 4,595 1,371 3,224              
2003 4,496 1,549 2,947              

Development expenditure by Operators and other Production Licensees (£ million)

Year Total Platform structures Modules and equipment Offshore loading systems Pipelines Terminals Development wells Other expenditure
1993 4,571 1,506 1,154 60 267 350 1,060 175
1994 3,620 1,288 737 32 297 195 1,037 33
1995 4,309 1,334 1,063 142 163 144 1,429 36
1996 4,326 1,008 1,041 247 171 157 1,635 68
1997 4,229 908 807 316 133 160 1,841 65
1998 5,053 2,063 < included 154 268 85 2,327 156
1999 3,103 1,023   74 97 76 1,643 190
2000 2,783 1,099   14 79 91 1,320 180
2001 3,543 1,639   64 59 76 1,529 176
2002 3,637 1,472   98 17 82 1,809 159
2003p 3,449 1,341   357 51 110 1,428 163

p Provisional

This data was last updated on : July 2004 and is due to be updated on : June 2005

If any errors are found or if you have any comments or other queries please contact:

Philip Beckett
email: philip.beckett@dti.gsi.gov.uk
phone: +44 (0) 20 7215 5260
fax: +44 (0) 20 7215 6684

To download this table click the appropriate format: Excel 4 or CSV file.


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Appendix 1 | Appendix 2 | Appendix 3 | Appendix 4 | Appendix 5 | Appendix 6 | Appendix 7 | Appendix 8 | Appendix 9
Appendix 10 | Appendix 11 | Appendix 12 | Appendix 13 | Appendix 14 | Appendix 15 | Appendix 16 | Appendix 17
Index Map | Plate 1 | Plate 2W | Plate 2E | Plate 3W | Plate 3E | Plate 4W | Plate 4E | Plate 5 | Plate 6
Plate 7 | Plate 8W | Plate 8E | Plate 9W | Plate 9E | Plate 10W | Plate 10E | Plate 11 | Plate 12 | Legend