This statistic shows a breakdown of undeveloped projects on the UKCS and other offshore basins, by their break-even point in 2018. According to the source, 9.5 percent of undeveloped projects on the UKCS require oil prices to be above 80 U.S. dollars per barrel in order to break even.
Undeveloped resources discovered on the United Kingdom Continental Shelf (UKCS) and comparable offshore basins in 2018, by estimated break-even oil price
Break-even oil price (in U.S. dollars per barrel)
UKCS
Comparable offshore basins*
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Statista. (September 10, 2018). Undeveloped resources discovered on the United Kingdom Continental Shelf (UKCS) and comparable offshore basins in 2018, by estimated break-even oil price [Graph]. In Statista. Retrieved July 08, 2024, from https://www.statista.com/statistics/932780/ukcs-undeveloped-projects-by-break-even-oil-price/
Statista. "Undeveloped resources discovered on the United Kingdom Continental Shelf (UKCS) and comparable offshore basins in 2018, by estimated break-even oil price." Chart. September 10, 2018. Statista. Accessed July 08, 2024. https://www.statista.com/statistics/932780/ukcs-undeveloped-projects-by-break-even-oil-price/
Statista. (2018). Undeveloped resources discovered on the United Kingdom Continental Shelf (UKCS) and comparable offshore basins in 2018, by estimated break-even oil price. Statista. Statista Inc.. Accessed: July 08, 2024. https://www.statista.com/statistics/932780/ukcs-undeveloped-projects-by-break-even-oil-price/
Statista. "Undeveloped Resources Discovered on The United Kingdom Continental Shelf (Ukcs) and Comparable Offshore Basins in 2018, by Estimated Break-even Oil Price." Statista, Statista Inc., 10 Sep 2018, https://www.statista.com/statistics/932780/ukcs-undeveloped-projects-by-break-even-oil-price/
Statista, Undeveloped resources discovered on the United Kingdom Continental Shelf (UKCS) and comparable offshore basins in 2018, by estimated break-even oil price Statista, https://www.statista.com/statistics/932780/ukcs-undeveloped-projects-by-break-even-oil-price/ (last visited July 08, 2024)
Undeveloped resources discovered on the United Kingdom Continental Shelf (UKCS) and comparable offshore basins in 2018, by estimated break-even oil price [Graph], Statista, September 10, 2018. [Online]. Available: https://www.statista.com/statistics/932780/ukcs-undeveloped-projects-by-break-even-oil-price/