Common Data Access (CDA) notes that the Oil and Gas Authority (OGA) has today started consulting on its proposal to transform UKOilandGasData.com from a member-funded platform provided by CDA into a key component of a new central UK National Data Repository (NDR). The service would continue to be delivered by CDA under contract to the OGA.
The new NDR will build on the current UKOilandGasData model, which has been in operation since 1995. The on-line platform allows the industry to meet its statutory obligations to share data on wells and seismic research on the UK Continental Shelf (UKCS) as well as providing a range of valuable collaborative data sharing and management services for industry.
Chief Executive of CDA, Malcolm Fleming, said:
“The NDR is a natural and very positive development for UKOilandGasData and for CDA. Incorporating UKOilandGasData.com into a new repository under the regulator’s control is, ultimately, an effective and efficient means to support MER UK – maximising economic recovery of the UK’s remaining oil and gas.”
The new service, agreed conditionally in principle by the Board of CDA and the OGA, would be delivered by CDA under contract to the OGA for two years with effect from 1 January 2019. The consultation reveals that OGA intends to fund the contract with CDA from January 2019 through an increase in the annual Industry Levy, which would be offset by the payments made directly by members to CDA being discontinued from the end of 2018.
Malcolm Fleming added:
“While in many respects, it will be business as usual for CDA over the coming months, we believe the industry needs to maintain a strong interest in the ongoing governance of the platform in the longer term in order to preserve the value it has delivered for the sector over the years as well as to develop it to meet industry’s needs in the future.
“CDA will have these principles very much in mind as it negotiates the arrangement with the OGA of the details of the transformation of UKOilandGasData. The longer-term implications for CDA and its members, will become clearer as we work together over the next few months. We shall consult our members and with Oil & Gas UK stakeholders and respond to the OGA in due course with our views on the nature of this relationship and its funding going forward.”
For more information, please contact Communications Manager Jennifer Phillips [email protected] or 01224 577331.
Note to Editors:
CDA (Common Data Access Limited) is a not-for-profit subsidiary of Oil & Gas UK, set up in 1995 to provide data management services to its members and to the UK oil industry.
The CDA web portal is at www.UKOilandGasData.com.
Oil & Gas UK is the leading representative organisation for the UK offshore oil and gas industry. Its members are companies licensed by the Government to explore for, and produce, oil and gas in UK waters and those in the industry’s supply chain.