A significant decline in industry average Production Efficiency was observed on the UK Continental Shelf between 2004 and 2012, with a decrease from 80% to 60%. This decline led to the formation of the PETF in June 2013 to address this issue, with the target of restoring PE to 80% by 2016 being set by government and industry. Since 2012 PE has increased from 60% to 65%, which has contributed towards the stabalisation of production volumes on the UK Continental Shelf. This paper will investigate the drivers of the decline in Production Efficiency and outline the initiatives being implemented by the PETF to facilitate a basin wide improvement, including driving improvements in planned maintenance shutdowns, excellence in offshore productivity and reducing unplanned production losses.

You can access this article if you purchase or spend a download.