The UK has approved production at the Jackdaw gas field in the North Sea. The North Sea Transition Authority granted consent on 21 October to Adura, the Shell and Equinor joint venture. Gas could flow from the end of this month.
What the Jackdaw gas field adds
According to the government, Jackdaw should lift UK gas output by around 6% at its peak. Over a life of up to 11 years, it should produce gas equal to around 40mn barrels of oil. Furthermore, the developer expects it to add about £2.9bn ($3.9bn) to the UK economy.
Energy Secretary Miatta Fahnbulleh said the field will supply gas this winter. She also said it fits the UK’s legally binding climate targets.
Why the decision took so long
Previously, a 2024 Supreme Court ruling in the Finch case changed the rules. Since then, developers must assess emissions from burning the gas they extract. Consequently, Adura had to submit new information before ministers could decide.
At the same time, the Chancellor announced an Energy Wealth Fund. It will start with £2bn ($2.7bn) and use North Sea tax revenue to invest in renewables. The government still plans no new exploration licences.
High prices are pushing other producers to rethink assets too. Read our report on Chevron’s Gulf asset sale.
For a deeper analysis, read: UK Gas Production: Jackdaw Adds ~6% at Peak, but Imports Still Supply Half
