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Offshore Energies UK (OEUK) reported that recoverable gas reserves on the UK Continental Shelf (UKCS) are 456 billion cubic meters (bcm), more than double the North Sea Transition Authority's (NSTA) projection of 226 bcm for 2025-2050. In its response to a government consultation on the gas sector, OEUK contends that the decline in UK gas production is due to policy, not geology, and asserts that significant investment is needed to increase domestic supply.

OEUK identified 111 projects, potentially worth £50 billion, requiring tax and regulatory reforms. In 2024, UKCS supplied 43% of UK gas, with imports from Norway also accounting for 43%, and LNG making up 14%. OEUK warns that declining domestic production could lead to an increase in LNG, which it states is more carbon-intensive than North Sea gas.