UKCS reserves to sustain production for at least 20 years

The UK Oil & Gas Authority (OGA) believes the country's petroleum reserves could sustain production for at least the next 20 years. The report, "UK Oil & Gas: Reserves & Resources," shows remaining UK resources of 10-20 billion boe. The report looked at data for the end of 2016, and OGA said the UK and UK Continental Shelf have produced a total of 43.5 billion boe to date.

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