Challenges

Overview

We’ve worked closely with the Technology Leadership Board, the Oil and Gas Authority, our Board and other industry organisations to identify the key challenges facing the industry.

Asset_Integrity.jpg

The five themes from industry – Asset Integrity, Well Construction, Small Pools, Decommissioning and Digital Transformation - provide our focus for co-investing, developing and deploying innovative technology that will directly benefit the industry.

Asset Integrity

Downtime due to asset integrity costs the industry billions every year. Our aim is to eliminate failures due to asset integrity by 2026.

Find out more

Well_construction.jpg

Wells

Reducing well delivery costs by 50% could unlock up to 5 billion barrels of oil and gas. The industry needs new technology to make this a reality.

Find out more 

Small_Pools.jpg

Small Pools

New technology and field approaches are essential to unlock the big prize in UKCS small pools.

Find out more

Decommissioning.jpg

Decommissioning 

The Oil and Gas Authority has set a target for reducing decommissioning costs by at least. We are committed to helping deliver this in a safe and environmentally responsible manner.

Find out more

Digital_Transformation.png

Digital Transformation

The oil and gas industry needs to embrace digital transformation and invest in the type of data-driven solutions that are already used in other industries.

Find out more

Improving efficiency

Improving efficiency while maintaining safe operations is a priority for the industry, and a challenge that many of our technology projects seek to address.

Oil & Gas UK's Efficiency Hub provides an industry focus on finding smarter ways of working.

It's one stop shop for all things efficiency – information, news, case studies, industry initiatives and how you can get involved.

Click here to visit the Efficiency Hub.