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Mr. Shore
asked the Minister for Energy what was the British share of ownership in the consortium which received licences for North Sea oil exploration in each of the four separate rounds of distribution of licences; what is the British share in the consortia who are licence holders for the fields already established; and what is his latest estimate of the British share of total North Sea oil production.
Mr. David Howell
The following table sets out on a round-by-round basis the percentage share of territory licensed to British interests—taking Shell as 40 per cent. British—when the licences were first issued.
British interest per cent. | |
First round | 26·2 |
Second round | 28·3 |
Third round | 36·4 |
Fourth round (i) Auction | 20·0 |
(ii) Discretionary . | 34·8 |
(iii) Total | 34·0 |