OGA Receives Support to Create UK's First Oil, Gas National Data Repository
The UK’s Oil and Gas Authority (OGA) revealed Wednesday that it has received ‘significant support’ from the industry to create the UK’s first oil and gas National Data Repository (NDR).
The NDR will preserve, regulate and provide greater access to the country’s collection of petroleum-related information, according to the OGA.
“Having a UK NDR is vital to unlocking the huge prize of the United Kingdom Continental Shelf’s potential 10-20 billion barrels of resources,” Nic Granger, director of corporate at the OGA, said in an organization statement.
“The OGA is committed to creating an environment where enhanced and trusted data can deliver extra value for our sector, and achieve maximum economic recovery from the UK,” Granger added.
A consultation carried out last year sought views on establishing and maintaining the NDR, which would be funded through the OGA levy, payable by all offshore petroleum license holders.
The OGA’s response to the consultation, published Wednesday, showed that most respondents are supportive of funding the NDR through the levy, with 28 out 32 respondents backing the proposal.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.