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Pilot Opening Brent Crude price on
24 Dec 2010 is $92.93
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About PILOT - What is PILOT?


PILOT Vision

"The UK Oil and Gas Industry and Government working together in partnership to deliver quicker, smarter, sustainable energy solutions for the new century. A vital UK Continental Shelf is maintained as the UK is universally recognised as a world centre for global business."

To make this vision a practical reality, specific deliverables were defined. The strategy is for 10 years of Industry/Government co-operation aimed at achieving the following outcomes in the year 2010:

  • 3 mmboe/d production beyond 2010
  • £3 billion per annum Industry investment
  • Prolonged self-sufficiency in Oil & Gas
  • Up to 100,000 more jobs (than there would otherwise have been)
  • 50% increase in exports (by 2005)
  • £1 billion per annum additional revenue for new business
  • In 2010, the UK is the safest place to work in the world wide oil and gas industry

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