Statistics announced on 11 September by Scotland’s Chief Statistician show that oil and gas production in Scotland in 2018, including Scottish adjacent waters, is estimated to have been 77.2mn tonnes of oil equivalent – an increase of 4.6% compared to 2017. This accounted for 82% of total UK production.
Crude oil and natural gas liquids, which accounted for around two thirds of the total, increased by 8.5%. Extraction of natural gas decreased by 3.1%, however.
The approximate sales value of oil and gas produced in Scotland was estimated to be £24.8bn in 2018 – an increase of 30.1% compared to 2017. This was due to the significant rise in oil and gas prices over 2018.