Deloitte sees healthy year for UKCS exploration

The level of exploratory drilling on the UK continental shelf remains healthy even though the number of new wells fell slightly in the 2013 second quarter compared with the same quarter in 2012, reported Deloitte LLP's Petroleum Services Group. The outlook for the last two quarters of 2013 should continue the positive trend, Deloitte signaled in a report issued in late July. Sixteen exploratory and appraisal wells were drilled in the UK in the second quarter, seven more than in the first quarter and two fewer than the same period last year. Despite the slight fall from 2012's figures, this year's second quarter still produced two more new wells than the quarterly average since yearend 201...

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