Annual Stewardship Survey and Emissions Reduction Action Plans (ERAPs) Explanatory Note

by | Nov 1, 2024 | Decommissioning, Emissions, Licensing, NSTA, Regulatory Process, Supply Chain, UK, Well Operations

The North Sea Transition Authority (NSTA) has launched the annual Stewardship Survey today, Friday 1 November, starting the process of gathering vital information to support the industry.

More than 60 operators will supply data across 10 categories information that will underpin regulatory and business decisions throughout the year to come.

The information is alsoused to inform documents such as the Emissions Monitoring Report, Production Efficiency Report, and Unit Operating Cost Report. In addition, the information from the Activity section – which focuses on production, costs, and income forecasts from upstream oil and gas activities – is used to inform the NSTA’s estimates and projections which are provided to the Office for Budget Responsibility ahead of the Spring Statement.

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Source: NSTA.

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