SEA7: Socio-economic Forecasts for Oil and Gas Licensing in the NE Atlantic

A report assessing the socio-economic implications of further oil and gas licensing in the SEA7 area west of Scotland. The Department of Trade and Industry provided scenarios which were used to produce forecasts of production, reserves, expenditure, employment, and tax revenues. The report also discusses implications for existing facilities and potential social impacts.

Use Cases

• Forecasting regional employment impacts based on optimistic and pessimistic development scenarios.
• Modeling government tax revenue from potential oil and gas production.
• Assessing social impacts on communities near existing offshore facilities.
• Comparing expenditure forecasts for exploration and development activity.

Strengths

• Analysis is based on specific scenarios provided by the UK Department of Trade and Industry.
• Forecasts cover multiple key economic indicators: production, reserves, expenditure, employment, and tax revenues.
• Report is part of a formal Strategic Environmental Assessment (SEA7) process.

Limitations

• Data is presented in an HTML report format; underlying tabular forecast data is not directly accessible.
• Row count and column-level documentation are unknown.
• Last update date is unknown; freshness unverified.

Provenance

Source

Government Digital Service (originating from the UK Department of Trade and Industry/Department of Energy and Climate Change).

Collection Method

Scenario-based forecasting conducted as part of a Strategic Environmental Assessment.

Time Range

2006

Freshness

unknown

Geography

SEA7 area in the North-East Atlantic, west of Scotland.