OGA: Consultation on funding a UK National Data Repository through the OGA Levy
The Oil and Gas Authority (OGA) is seeking views from the UK oil and gas industry on the establishment of a United Kingdom National Data Repository (NDR), which would be funded through the OGA levy payable by all offshore petroleum licensees.
A four-week consultation opens today (10 November 2017) to gather feedback and insights from industry on the creation of an NDR required to improve access to UK petroleum related information, which will help to promote investment and deliver the principal objective of maximising the economic recovery of UK petroleum (MER UK)[1].
Offshore petroleum licensees have obligations to report licence-related information to the OGA, which many licensees discharge primarily through a digital data repository operated by Common Data Access Limited (CDA) which is a subsidiary of Oil & Gas UK, which is a trade association for the UK offshore oil and gas industry.
However, access to the CDA repository and full benefits of the service, including the collaborative functionality to share information within licence groups, is limited to fee paying subscribers only.
The OGA regards the establishment of a UK NDR as an important commitment in fulfilling a key recommendation of the Wood Maximising Recovery Review[2], in ensuring ready access to timely and transparent data to facilitate MER UK. An NDR will preserve, regulate and provide greater access to the country’s collection of high quality petroleum-related information.
Nic Granger, Director of Corporate, OGA said: “The prize from the UKCS is still significant with 10 to 20 billion barrels of reserves remaining. Unlocking this requires access to good quality data and the creation of a UK NDR would be a vital step in ensuring data is easily available to stimulate investment and exploration to deliver maximum economic recovery from the UK.”