[4] NAM found the Netherlands' first gas in Zechstein carbonates at Coevorden in 1948. "Chevron have worked closely with Thorold Dewling on a number of recruitment projects and consistently found their approach to be professional, dedicated and solution orientated. [citation needed] Note the UK figure includes fields which are not in the North Sea (onshore, West of Shetland). Five countries are involved in oil production in the North Sea. Danish oil production, which began in 1972, has been on the decline for several years, and has been halved in the past decade. Since the first licences were issued for the extraction of oil … [3], Gas was found by chance in a water well near Hamburg in 1910, leading to minor gas discoveries in Zechstein dolomites elsewhere in Germany. It is estimated that the Norwegian sector alone contains 54% of the sea's oil reserves and 45% of its gas reserves. [3] Subsequent exploration led to the 1943 discovery by Exploratie Nederland, part of the Royal Dutch/Shell company Bataafsche Petroleum Maatschappij, of oil under the Dutch village of Schoonebeek, near the German border. Jobs: Around 440,000 jobs are supported by the UK industry, with about half in Scotland. Brent crude is still used today as a standard benchmark for pricing oil, although the contract now refers to a blend of oils from fields in the northern North Sea. Although North Sea oil production has been declining since 1999, an estimated 920 million tonnes of recoverable crude oil remained in 2009. Seismic exploration and the first well followed later that year. Average development costs across the UKCS have fallen from $23.80 per barrel of oil equivalent (boe) in 2014 to an estimated $13-$15 in 2018, with operating costs also falling to less than half of what they were before the oil price crash. It is estimated that the Norwegian sector alone contains 54% of the sea's oil reserves and 45% of its gas reserves. [18] The Miller oilfield was discovered in 1983. There are between 30 to 40 years of production remaining. For Norway, Oljedirektoratet[30] gives a figure of 4,601 million cubic metres of oil (corresponding to 29 billion barrels) for the Norwegian North Sea alone (excluding smaller reserves in Norwegian Sea and Barents Sea) of which 2,778 million cubic metres (60%) has already been produced prior to January 2007. It and a second well on the Mid North Sea High were dry, as the Rotliegendes was absent, but BP's Sea Gem rig struck gas in the West Sole Field in September 1965. The British and Norwegian sectors hold most of the large oil reserves. [7] Helicopters were first used to transport workers. All operate a tax and royalty licensing regime. Following the 1958 Convention on the Continental Shelf and after some disputes on the rights to natural resource exploitation[28] the national limits of the exclusive economic zones were ratified. I am very happy to positively refer their operations and look forward to working with them on an on-going basis". [31][32][33] The Danish explorations of Cenozoic stratigraphy, undertaken in the 1990s, showed petroleum-rich reserves in the northern Danish sector, especially the Central Graben area. [11] The inner Moray Firth Beatrice Field, a Jurassic sandstone/shale reservoir 1829 m deep in a "fault-bounded anticlinal trap", was discovered in 1976 with well 11/30-1, drilled by the Mesa Petroleum Group (named after T. Boone Pickens' wife Bea, "the only oil field in the North Sea named for a woman")[12] in 49 m of water. "The Value and Distribution of the Benefits of North Sea Oil and Gas, 1970—1985. 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