Northwest Europe Exploration & Production

We provide technical and commercial oil and gas intelligence for the NW Europe upstream sector, focusing mostly on the UK and Norway. We deliver in-depth analysis and insight at the regional, asset and company level, covering the full exploration and production lifecycle.

Our solutions combine detailed technical data and analysis on every exploration well in the region, with commercial analysis on assets, production hubs, companies and deals. We specialise in identifying opportunities in mature basins and optimising recovery from production hubs. Our industry experts and insightful technical and commercial research helps companies understand performance, risks and opportunities, and enables them to evaluate M&A opportunities.

NW Europe UK Platform

News & Insights

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Westwood’s NW Europe Exploration Time-Lapse

See an animation of North Sea well completions for 2020-to-date, from our Atlas team.

North Sea Exploration Performance 2015 – 2019

This report analyses the results of the 124 exploration wells drilled in the 2015 - 2019 period in the UK and Norway Central and Northern North Sea basins, as well as the results to date for 2020 and the outlook for the next 18 months.

Northwest Europe Solutions

We enable E&P companies to maximise business opportunities and benchmark their own performance thanks to unrivalled technical and commercial data and analysis of upstream operations that covers wells, licences, assets, companies and deal-making.


Database and analytical tools to interrogate and screen technical and commercial information by company, field, basin, and individual well.

In-depth analysis of operational activity covering wells, licences, assets, companies and transactions.

Northwest Europe E&P Commercial Advisory

We offer a range of advisory services to E&P clients in Northwest Europe, that builds on our subscription and data-led solutions. Our focus areas are: North Sea basin-entry strategy, portfolio optimisation, business development, growth initiatives, and M&A and financing transaction support.

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Our Credentials

NPD

Advised NPD on the impact of technology
on exploration performance in Norway

10k

Complete coverage of regional exploration activity with a database of 10,000 E&A wells

23

Years serving the Northwest European E&P sector

700+

Fields and near-term developments covered, with forecasts for reserves, production, costs and valuations

“A very powerful tool we use regularly, particularly to examine E&A wells and prospects.”

Exploration TeamLarge International Oil Company

UK and Norway Exploration and Production Outlook for 2021

After a turbulent 2020 for the oil and gas industry, 2021 is expected to see a modest rise in investment in the UK and Norway offshore sectors, assuming a US$50 per barrel average oil price. Exploration activity could recover to 2019 levels and investment in new developments is set to increase.

Speak to a specialist

Emma Cruickshank

Emma Cruickshank

Head of Northwest Europe


Phone :
+44 (0) 20 3794 5380

Email :
researchnwe@westwoodenergy.com