Natural gas production in the United Kingdom is expected to fall from ** billion cubic meters in 2025 to *** billion cubic meters in 2050. Meanwhile, demand for gas is expected to fall by about ********** until 2050.

Forecast: Production of Natural Gas in the UK 2023 - 2027 Discover more data with ReportLinker!

Gas production in the United Kingdom reached **** billion therms in 2018/19. Over the following six years, this figure is expected to decrease to **** billion therms by 2024/25. With fracking a contentious practice and many oil and gas fields in the North Sea depleted, the UK is set to become more reliant on energy imports.

Forecast: Natural Gas Production in the UK 2022 - 2026 Discover more data with ReportLinker!

The United Kingdom is forecast to produce some **** million metric tons of crude oil in 2025. By 2050, this figure is expected to fall to **** million metric tons. According to the CCC Balanced Net Zero Pathway reference scenario, that year could see oil products' demand reach **** million metric tons of oil equivalent, which would be around ***** the projected output volume.

The United Kingdom Oil and Gas Market is Segmented by Sector (Upstream, Downstream, and Midstream), Location (Onshore and Offshore), and Service (Construction, Maintenance and Turn-Around, and Decommissioning). The Market Sizes and Forecasts are Provided in Terms of Value (USD).

The size of the North Sea Oil and Gas Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 2.00% during the forecast period. Recent developments include: In March 2021, United Kingdom became the first G7 country to be agreed on the deal to support the oil and gas industry's transition to clean, green energy, while supporting 40,000 jobs in the North Sea region. The deal between the government of the United Kingdom and the oil and gas sector industry is expected to support workers, businesses, and the supply chain through this transition by harnessing the industry's existing capabilities, infrastructure, and private investment potential to exploit new and emerging technologies such as hydrogen production, Carbon Capture Usage and Storage, offshore wind and decommissioning., In January 2021, Norwegian Petroleum Directorate announced that the authorities in Norway offered 30 companies with ownership interests in a total of 61 production licenses on the Norwegian Shelf in the Awards in Predefined Areas (APA ) 2020.,

Offshore Platforms

Fixed Platforms

Fixed Platforms

Transportation

Subsea Pipelines

Tankers

Services

Supply Vessels

Maintenance and Repair. Key drivers for this market are: 4., Growing Demand to Develop the Natural Gas Infrastructure4.; Increase in Offshore Oil and Gas Exploration and Production (E&P) Activities. Potential restraints include: 4., High Volatility of Oil and Gas Prices. Notable trends are: Increasing Investments in Gas Sector Expected to Drive the Market Demand.

Key information about United Kingdom Natural Gas Production: OPEC: Marketed Production

• United Kingdom Natural Gas Production: OPEC: Marketed Production was reported at 31,371.000 Cub m mn in Dec 2024
• This records a decrease from the previous number of 34,828.000 Cub m mn for Dec 2023
• UK Natural Gas Production: OPEC: Marketed Production data is updated yearly, averaging 55,950.000 Cub m mn from Dec 1960 to 2024, with 65 observations
• The data reached an all-time high of 108,330.000 Cub m mn in 2000 and a record low of 73.000 Cub m mn in 1960
• UK Natural Gas Production: OPEC: Marketed Production data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.OPEC.NG: Natural Gas Production: Marketed Production

Gas Production: Gross: Lancelot data was reported at 24.836 Cub m mn in 2017. This records a decrease from the previous number of 62.432 Cub m mn for 2016. Gas Production: Gross: Lancelot data is updated yearly, averaging 288.897 Cub m mn from Dec 1993 (Median) to 2017, with 25 observations. The data reached an all-time high of 888.000 Cub m mn in 1994 and a record low of 24.836 Cub m mn in 2017. Gas Production: Gross: Lancelot data remains active status in CEIC and is reported by Oil & Gas Authority. The data is categorized under Global Database’s United Kingdom – Table UK.RB014: Gas: Production: By Field.

Forecast: Natural Gas Extraction Production Value in the UK 2024 - 2028 Discover more data with ReportLinker!

UK Gas fell to 72.60 GBp/thm on December 2, 2025, down 1.67% from the previous day. Over the past month, UK Gas's price has fallen 11.75%, and is down 40.33% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on December of 2025.

The report covers North Sea Oil and Gas Production and the market is segmented by Geography (United Kingdom, Norway, Denmark, and Rest of the Other Countries).

United Kingdom Gas Production: Gross: Newsham data was reported at 4.861 Cub m mn in 2017. This records a decrease from the previous number of 32.144 Cub m mn for 2016. United Kingdom Gas Production: Gross: Newsham data is updated yearly, averaging 34.327 Cub m mn from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 127.325 Cub m mn in 1997 and a record low of 0.000 Cub m mn in 1995. United Kingdom Gas Production: Gross: Newsham data remains active status in CEIC and is reported by Oil & Gas Authority. The data is categorized under Global Database’s United Kingdom – Table UK.RB014: Gas: Production: By Field.

Blue hydrogen production capacity is forecast to amount to **** gigawatts in the North of England by 2050. As the UK government aims to become a carbon neutral economy by the mid century, climate experts in the country have pushed for future energy investments to focus on hydrogen and carbon capture and storage. Hydrogen is of particular interest as it may be used as a source of energy and an industrial feedstock for a variety of products such as transport fuels. Hydrogen deriving of natural gas is called blue hydrogen.

UK oil and natural gas production is on long-term decline as old oil and gas fields in the North Sea mature and near the end of their life cycle. Oil and gas extracting companies reaped the rewards of an upsurge in global prices through 2022-23, leading to sharp revenue growth. However, this quickly turned around in 2023-24, with most major companies’ revenue nosediving along with oil prices as oil and gas from America flooded the market, slightly outpacing demand. Still, revenue is expected to expand at a compound annual rate of 5.1% over the five years through 2025-26 to £23 billion, owing primarily to the significant price hikes of 2021-22 and 2022-23. This includes a forecast dip of 4.3% in 2025-26, owing to oil and gas prices edging down. Profit is also slated to fall over the year. Global oil and gas prices greatly affect the industry's performance, with the Organisation of the Petroleum Exporting Countries (OPEC) putting supply cuts in place and global tensions resulting in price peaks and troughs. In October 2022, OPEC instituted a supply cut of two million barrels of crude oil per day, driving Brent Crude Oil prices up to US$110 (£87.80) per barrel, which was extended until March 2025. At the same time, the sanctions on Russian oil and gas imports because of the Russia-Ukraine conflict add further impetus to prices. The EU has banned imports of Russian-made oil and gas, providing opportunities for UK exporters. Crude oil prices remain high, but significant oil production from non-OPEC countries has made oil prices plummet since July 2024. Despite mounting tensions in the Middle East having the potential to cut oil supply from the region, the ongoing political tensions have yet to significantly impact global prices, with prices falling by 15.8% in the year to August 2025. Oil and gas prices are likely to continue inching downwards in the coming years. The UK government has implemented policies to create a more favourable environment for extractors in the North Sea to improve UK energy security. However, the depletion of natural resources, the high cost of extraction, low gas and oil prices and the global energy transition will threaten the industry's long-term viability. Revenue is forecast to climb at a compound annual rate of 2% over the five years through 2030-31 to £25.4 billion, supported by two new major oil and gas fields, Jackdaw and Rosebank.

Forecast: Natural Gas Gross Electricity Production in the UK 2024 - 2028 Discover more data with ReportLinker!

United Kingdom Gas Production: Gross: Hamilton East data was reported at 0.000 Cub m mn in 2017. This stayed constant from the previous number of 0.000 Cub m mn for 2016. United Kingdom Gas Production: Gross: Hamilton East data is updated yearly, averaging 0.000 Cub m mn from Dec 1995 (Median) to 2017, with 23 observations. The data reached an all-time high of 502.998 Cub m mn in 2002 and a record low of 0.000 Cub m mn in 2017. United Kingdom Gas Production: Gross: Hamilton East data remains active status in CEIC and is reported by Oil & Gas Authority. The data is categorized under Global Database’s UK – Table UK.RB014: Gas: Production: By Field.

The size of the North Sea Oil and Gas Upstream Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 3.00">> 3.00% during the forecast period. Recent developments include: In February 2022, six new oil and gas fields in the North Sea received approval from the UK government. The finance department pushed the senior authorities to fast-track the licenses for constructing these six energy areas., In October 2022, the British government restarted the North Sea oil and gas exploration license process. According to the Conservative government, more fossil fuel extraction from the North Sea will increase energy security in the United Kingdom and create jobs. It is also less destructive to the environment than importing gas and oil from other countries.. Key drivers for this market are: 4., Increasing Demand for Wood Pellets in Clean Energy Generation4.; Growing Wood Pellet Manufacturing Infrastructure. Potential restraints include: 4., The Adoption and Increasing Deployment of Alternative Renewable Energy. Notable trends are: Shallow Water Segment Expected to See Significant Market Growth.