|
1964 |
 |
Continental Shelf Convention ratified by
22 States and became International Law. |
|
|
|
Continental Shelf
Act |
|
|
|
First licensing
round award. |
|
|
|
First exploration well spudded
26 December in CNS (Well 38/29-01
PA Dry). |
|
|
|
|
|
1965 |
|
Second
licensing round award. |
|
|
|
|
|
1967 |
|
UKCS gas production started (West
Sole Field) SNS Block
48/06. |
|
|
|
|
|
1969 |
|
First oil found (Arbroath Field) in CNS,Well
22/18-1 (PA OIL W). |
|
|
|
|
|
1970 |
|
Third
licensing round award. |
|
|
|
|
|
1971 |
|
Fourth
licensing round (Part I by sealed bids) award. |
|
|
|
|
|
1972 |
|
Fourth
licensing round (Part II) award. |
|
|
|
|
|
1974 |
|
Gas found in IS (Morecambe
Field), Well 110/02-1 (PA GAS W). |
|
|
|
|
|
1975 |
|
Oil Taxation Act came into force, introducing PRT. |
|
|
|
First oil production (Argyll Field) CNS
Block 30/24. |
|
|
|
|
|
1976 |
|
Petroleum & Submarine Pipelines Act came into force,
setting up BNOC. |
|
|
|
|
|
1977 |
|
Fifth
licensing round (part) award. |
|
|
|
Oil found West of Shetlands (Clair Field), Well 206/08-1A
(PA OIL W). |
|
|
|
|
|
1978 |
|
Fifth
licensing round (part) award. |
|
|
|
Sixth
licensing round (part) award. |
|
|
|
First installation abandoned
and removed (West Sole Field). |
|
|
|
|
|
1979 |
|
Sixth
licensing round (part) award. |
|
|
|
|
|
1980 |
|
Sixth
licensing round (part) award. |
|
|
|
Seventh
licensing round (part) award. |
|
|
|
|
|
1981 |
|
Seventh
licensing round (part) award. |
|
|
|
UK oil production exceeded consumption. |
|
|
|
|
|
1983 |
|
Eighth
licensing round award. |
|
|
|
Oil and Gas (Enterprise) Act. |
|
|
|
|
|
1985 |
|
Ninth licensing
round award. |
|
|
|
Abolition of BNOC, replaced
by Oil and Pipelines Agency. |
|
|
|
|
|
1986 |
|
International oil prices fell from $30 per bbl
to $10 per bbl in a few months. |
|
|
|
|
|
1987 |
|
Tenth
licensing round award. |
|
|
|
Petroleum Act came into force covering abandonment
of offshore installations. |
|
|
|
|
|
1988 |
|
Piper Alpha tragedy (July 6). |
|
|
|
|
|
1989 |
|
Eleventh
licensing round award. |
|
|
|
|
|
1991 |
|
Twelfth
licensing round award. |
|
|
|
Thirteenth
licensing round award. |
|
|
|
|
|
1992 |
|
First out-of-round offshore awards. |
|
|
|
|
|
1993 |
|
Fourteenth
licensing round (Phases I, II & III) awards. |
|
|
|
|
|
1994 |
|
Fifteenth
licensing round award. |
|
|
|
First West of Shetlands oil field given Annex
B (Foinaven). WoS Block 204/19. |
|
|
|
|
|
1995 |
|
Sixteenth
licensing round award. |
|
|
|
The Gas Act |
|
|
|
|
|
1997 |
|
Seventeenth
licensing round award. |
|
|
|
|
|
1998 |
|
Eigtheenth
licensing round award. |
