§ Mr. BurnsTo ask the Secretary of State for Energy what are the Government's latest forecasts of levels of United Kingdom petroleum production.
§ Mr. WakehamThe latest forecasts for United Kingdom petroleum production in the years 1991 to 1995 are as follows:
Million tonnes 1991 80.100 1992 80.105 1993 80.115 1994 90.125 1995 90.125 632W
FA 1978 schemes FA 1980 schemes FA 1984 schemes Number of participants receiving share allocations in year Initial market value of shares appropriated Number of employees to whom options granted during year Initial value of shares over which options granted Number of employees to whom option granted during year Initial value of shares over which options granted ('000) (£ million) ('000) (£ million) ('000) (£ million) 1988–89 870 350 370 740 90 1,660 1989–90 850 380 440 990 100 1,700 As in previous years, the forecasts are presented in the form of a range of outcomes for each year. These take into account the many uncertainties involved. The figures include stabilised crude oil, natural gas liquids—NGLs—and condensates. NGL and condensate production is expected to contribute between 4 million and 10 million tonnes annually.