OGA: Proposed regulations for the retention and disclosure of information and samples

OGA’s consultation seeks views from industry on the OGA’s proposals for two sets of regulations relating to the retention, and to the public disclosure by the OGA, of petroleum-related information and samples pursuant to the Energy Act 2016:

  1. Retention regulations will set out what information and samples industry will be required to retain, and for how long. Part 1 of this consultation seeks views from industry on the OGA’s proposals for what the retention regulations should contain.
  2. Disclosure regulations will set out which information and samples the OGA may disclose publicly, and the time period after which disclosure may take place. Part 2 of this consultation seeks views from industry on the OGA’s proposals for what the disclosure regulations should contain.

These proposals for regulations aim to fulfil one of the key recommendations of the Wood Review, of ensuring greater access to timely and transparent data to facilitate MER UK, while minimising burden on industry.

OGA’s consultation will close on 25 August 2017.

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