BRINDEX seeks to promote the role played by British independent exploration and production (E&P) companies in maintaining a powerful and effective UK based oil and gas industry.
Here are some of our key facts and milestones on the way to achieving our purpose.
Founded at the beginning of North Sea development in 1974
Aggregate proven and probable UK reserves attributable to members at the end of 2021 amounted to 1,668 mmboe
Member companies hold interests in some 418 offshore and 43 onshore licences in the UK
Member companies include interests in 94 UK producing oil fields and 76 producing gas fields
BRINDEX members are active in 17 countries worldwide
Combined market capitalisation of quoted BRINDEX members stands at some £7.2 billion (US$8.1 billion). In addition the value of unquoted Members of BRINDEX is estimated to be in excess of an additional £5 billion (US$5.6 billion).
Worldwide proven plus probable reserves held by BRINDEX members at the end of 2021 amounted to 2.237 mmboe