APPENDIX 5 - Sales, and Expenditure Upon Exploration, Development and Operating Activities

Sales

Sales           £ million
Year Total income Oil NGLs Gas Other(1) Contractors’
Revenues
1987 12,610 9,513 358 1,990 533 216
1988 10,491 7,085 249 2,046 859 253
1989 10,527 7,214 272 2,187 547 308
1990 12,016 8,432 277 2,377 405 525
1991 12,106 7,577 385 2,988 476 680
1992 12,237 7,430 380 3,016 626 784
1993 13,841 8,109 523 3,567 699 943
1994 15,942 8,964 528 3,836 974 1,640
1995 17,828 9,881 614 4,141 1,165 2,027
1996 21,378 12,230 749 5,295 1,243 1,862
1997(p) 18,958 10,322 701 5,252 1,279 1,404

p - Provisional

Expenses

Expenses             £ million
Year Total of
which 		Operating
costs		 Other(2) Exploration
expenditure(3)		 of which
seismic		 Contractors’
expenditure
1987 3,140   2,107 55 809   169
1988 3,446   2,060 58 1,129   198
1989 3,789   2,330 57 1,182   221
1990 4,889   2,892 46 1,637   314
1991 5,729   3,296 58 1,955   420
1992 5,413   3,312 53 1,508   541
1993 5,728   3,661 47 1,213   808
1994 6,207   3,052 40 939 160 1,376
1995 6,835   3,913 37 1,085 204 1,800
1996 6,629   3,978 31 1,097 190 1,524
1997p 6,364   4,150 34 1,194 181 986

Notes:

(1) Revenues from pipelines and terminals, and other operators’ revenues
(2) Other costs not attributable to oil or gas fields
(3) Exploration expenditure includes the cost of appraisal wells drilled prior to development approval. Total includes seismic shown.
p - Provisional

Gross Trading Profits and Capital Investment

Gross Trading Profits £ million Capital Investment £ million
Year Gross trading
profits		 of
which 		Contractors Oilfields Gasfields Operators
0ther(4)		 Contractors Total
1987 9,470   47 1,271 737 36 -1 2,042
1988 7,045   55 1,454 728 -56 10 2,136
1989 6,738   87 1,712 988 -65 -13 2,622
1990 7,127   211 2,425 1,135 -82 -16 3,463
1991 6,377   260 3,343 1,735 23 25 5,126
1992 6,824   243 3,774 1,600 54 18 5,446
1993 8,113   135 3,231 1,340 90 3 4,664
1994 9,735   264 2,560 1,060 51 80 3,751
1995 10,993   227 2,876 1,433 47 83 4,438
1996 14,749   338 2,997 1,329 38 76 4,440
1997p 12,594   418 2,934 1,294 37 70 4,336

Notes:

(4) Other capital investment of operators and licensees not classified to fields.
The figures exclude change in stocks and book value of stocks - Gross Trading Profits is given as Total income less Total Expenses.
Contractors are defined as companies whose main activities are service activities incidental to oil and gas extraction, excluding surveying (Standard Industrial Classification Revision 1992 Class 11.2)
p - Provisional

Operating Expenditure

Operating expenditure £ million
Year Total Wages &
salaries		 Insurance Platform &
equipment
maintenance		 Field
maintenance		 Transport Platform
hire		 Miscellaneous
Oil fields
1987 1,660 197 205 230 120 126 0 782
1988 1,666 201 169 232 132 126 0 808
1989 1,877 230 128 372 153 150 0 845
1990 2,311 312 148 446 174 197 15 1,021
1991 2,643 325 146 447 209 260 6 1,250
1992 2,603 323 154 368 178 235 50 1,296
1993 2,885 308 228 391 205 284 30 1,447
1994 3,036 311 212 472 202 422 10 1,407
1995 3,054 302 170 395 266 501 3 1,417
1996 3,100 282 136 357 266 310 0 1,750
1997p 3,128 247 105 384 274 274 47 1,798
 
Gas fields
1987 447 54 43 59 13 21 0 257
1988 393 57 33 64 14 26 0 200
1989 453 73 34 85 20 27 0 214
1990 583 82 33 128 15 41 0 282
1991 651 107 40 125 26 53 0 299
1992 716 127 39 99 26 65 0 360
1993 776 95 42 102 29 65 7 436
1994 815 95 48 120 30 74 0 448
1995 859 91 56 122 24 58 1 508
1996 878 100 40 119 21 58 0 541
1997p 1,023 111 30 152 47 37 1 637

 

Year Quarter Oil fields Gas fields
1996 Q1 724 218
  Q2 772 205
  Q3 739 217
  Q4 865 239
1997 p Q1 733 220
  Q2 778 261
  Q3 781 256
  Q4 836 285

p - Provisional

Development Expenditure by Operators and other Production Licensees

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
Oil fields
1987   1,271 167 514 44 74 44 404 24
1988   1,454 144 379 36 102 239 526 28
1989   1,712 341 524 58 214 124 435 16
1990   2,425 748 803 26 232 104 462 49
1991   3,343 1,368 886 17 207 143 548 176
1992   3,774 1,625 973 38 172 244 600 123
1993   3,231 1,205 878 59 66 154 738 131
1994   2,560 1,012 544 14 173 67 724 12
1995   2,876 1,007 615 126 89 56 962 22
1996   2,997 708 585 246 88 65 1278 27
1997p   2,934 634 466 289 47 91 1,393 14
 
1996 Q1 599 130 93 59 13 14 281 10
  Q2 816 240 139 61 9 13 348 7
  Q3 841 217 199 65 11 19 326 4
  Q4 741 122 155 61 55 20 324 6
1997p Q1 671 135 116 63 16 19 314 8
  Q2 754 165 110 75 12 31 359 2
  Q3 824 230 131 73 8 21 359 4
  Q4 685 105 109 78 11 20 362 0
 
Gas fields
1987   737 212 185 0 87 122 128 3
1988   728 273 162 1 68 52 169 3
1989   988 222 280 0 125 34 320 6
1990   1,135 325 192 0 230 107 267 14
1991   1,735 434 479 0 292 110 412 8
1992   1,600 292 441 0 290 242 294 42
1993   1,340 301 276 1 201 196 322 44
1994   1,060 276 193 18 124 128 313 8
1995   1,433 327 448 16 74 88 467 14
1996   1,329 300 456 1 83 92 357 41
1997p   1,294 274 341 27 86 70 448 50
 
1996 Q1 336 75 110 0 8 25 88 29
  Q2 355 75 130 0 20 24 97 9
  Q3 328 82 109 0 27 22 87 2
  Q4 310 69 107 0 28 20 85 1
1997p Q1 254 42 93 2 11 22 66 18
  Q2 370 66 76 14 37 27 149 3
  Q3 337 80 84 8 24 19 116 12
  Q4 334 86 87 4 14 8 118 17

Notes:

(1) Some figures have been revised since the last Energy Report.
(2) Expenditure on gas fields includes all S. Basin, Morecambe, Frigg, Ravenspurn, Bruce, that on FLAGS and the other associated gas gathering pipelines and onshore related facilities, and certain other identifiable parts of fields.
p - Provisional

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Title | Table of Contents
Chapter 1 | Chapter 2 | Chapter 3 | Chapter 4 | Chapter 5 | Chapter 6 | Chapter 7 | Chapter 8 | Chapter 9
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
Plate 1 | Plate 2W | Plate 2E | Plate 3W | Plate 3E | Plate 4W | Plate 4E | Plate 5W | Plate 5E | Plate 6 | Plate 7
Plate 8W | Plate 8E | Plate 9W | Plate 9E | Plate 10W | Plate 10E | Plate 11 | Plate 12