HC Deb 22 July 2004 vol 424 c483W
Mr. Chaytor

To ask the Chancellar of the Exchequer if he will list, for each of the last 10 years,(a) the total output and (b) the total Exchequer revenue from the UK's oil reserves; and what asses merit he has made of (i) output and (ii) revenue in each of the next 10 years. [185249]

Ruth Kelly

Annual information on UK indigenous oil production to 2002 can be found at http://www.dti.gov.u1c/energy/inform/energy_stats/oilidukes3_1_1.xls and more recent monthly information at http://www.dti.gov.uk/energy/inform/energy_stats/oil/3_10oilproduction-ettab13.xls

The latest available DTI forecasts of UK oil production, from 2004 to 2009, can be found at http:// www. og.dti. gov.uk/information/bb_updates/chapters/ Section4_17.htm

And historic Inland Revenue financial year tax receipts jointly from North Sea oil and gas, together with published Budget 2004 projections for 2004–05, can be found at http://www.og.dti.gov.uk/information/ bb_updates/appendices/Appendix8.htm

Table C9 on page 261 of Budget 2004 shows longer term projections of North Sea revenues as a percentage of GDP.

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