Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Monday 25 March 2019 12:01 am  |  Updated:  Monday 03 June 2019 1:21 am

Massive data dump will help North Sea explorers squeeze the last of Britain’s oil from the basin

The UK’S Oil and Gas Authority has released one of the largest open data sets in history as it tries to encourage explorers to squeeze the last barrels out of the North Sea.

The 130 terabyte release, equivalent to around eight years of video, includes information on wells, oil fields, and infrastructure, as well as geophysical data.

Read more: Enquest firefights after Cairn revises figures for North Sea joint venture

The National Data Repository covers more than 12,500 wellbores, 5,000 seismic surveys and 3,000 pipelines, the OGA said.

Nic Granger, director of corporate at the OGA said: “The world is arguably entering a ‘fourth industrial revolution’, with data at its heart. The National Data Repository is a UK first and is an important milestone in our vision to enable open, transparent data.

“The platform makes data available for machine learning and artificial intelligence and offers the opportunity to uncover new prospects and previously overlooked plays.”

It is part of a plan to encourage companies to recover as much as possible of the 20bn barrels of oil and gas estimated to be locked in under the basin.

Read more: Bidders circle as Perenco looks to sell North Sea oil fields

Claire Perry, minister for energy and clean growth said: “The UK’s oil and gas industry is an integral part of the economy, contributing over £334 billion in taxes while meeting around half of our energy needs.

“The National Data Repository will help position the sector at the front of the data revolution and enable industry to unlock the full potential of the UK continental shelf, delivering further energy security, tax revenues and the high paid jobs that are at the centre of our modern industrial strategy.”

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics

Categories

  • Markets

Related Topics

Trending Articles

  • I’ve taken the best train trips in the world. Here are my 5 favourites

  • Nothing fails to file accounts months after dissolution threat

  • Nottingham Forest owner Marinakis announces £210m stadium plans

  • Harry Styles at Wembley Stadium review: running through the grief

  • Burnham tax plans spark investor rush to bank capital gains

More from City PM

  • Making Miliband chancellor would be a ‘mistake’, Trump officials warn

    Politics
    Donald Trump speaking at April event, wearing a suit and tie, with an expressive gesture and a serious facial expression
  • Ignore the green gloomsters, climate change is a huge opportunity for Britain

    Opinion
    Stunning Mediterranean-inspired landscape in Britain with lush greenery and vibrant blue skies.
  • Markets would take Miliband chancellor appointment ‘worse’ than Streeting, predicts Cavendish chief

    Markets
    Skyline of Canada with iconic financial district buildings, highlighting UK investments and economic growth.
  • As it happened: Stocks higher as oil price sinks; Reeves makes bid to stay as Chancellor

    Markets
    North Sea oil terminal with storage tanks and docking facilities under a clear sky, highlighting energy infrastructure.
  • Stockpiling helps manufacturing sector power through Iran war blows

    Industrials
    Manufacturing has suffered yet another downturn in activity over September.
  • UK economy falters as deeper damage to growth to come

    Economics
    Rachel Reeves speaking at an IOD event.
  • As it happened: Stocks rise as oil lower; Iran threatens ‘forceful response’ over Strait of Hormuz

    Markets
    North Sea oil terminal with storage tanks and docking facilities under a clear sky, highlighting energy infrastructure.
  • The fallacy of blaming rich footballers for inequality

    Opinion
    Cristiano Ronaldo celebrates a goal during the 2026 World Cup match on June 17, showcasing his iconic jersey and skills.

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy