North Sea oil production 'will rise but then decline'

Related Stories

Oil production in the North Sea is expected to rise over the next few years before declining, according to a report.

Professor Alex Kemp said production was expected to increase between now and 2015, before a longer-term decline in production over the next 30 years.

Prof Kemp said on current trends and performance, the ultimate potential would not be achieved over the next 30 years or even by 2050.

He cited a need for more exploration.

A Scottish government spokesman said: "Scotland's oil and gas sector leads the world.

"With more than half of the value of the North Sea's oil and gas reserves yet to be extracted, oil and gas will remain an enormous economic resource for decades to come."

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

More Scotland business stories

RSS

Features & Analysis

Elsewhere on the BBC

Programmes

  • (File photo) A man dressed as Father Christmas with a sleigh and a reindeer Click Watch

    A website which tracks Father Christmas, plus other sites and apps to keep you entertained

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.