Assessing competitive scenarios for the new UK North Sea playing field

BP PLC's divestiture of its Forties field assets to Apache Corp., as well as the sale of its interests in several southern North Sea gas fields to Perenco PLC, essentially launched the formation of a new industry structure in the UK North Sea (OGJ Online, Jan. 20, 2003).Other majors are following suit, and the role of the larger companies in the region appears to be shrinking.How will asset divestitures of the majors affect the competitive landscape in the UK North Sea?Through simulation and the creation of four scenarios, this article assesses the potential characteristics of the new environment in the region.Specifically, the article will show that:There is substantial value to be h...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected