The Association of British
Independent Exploration Companies

who are we?

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The Association of British Independent Exploration Companies 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.

By increasing awareness of the independents' achievements in developing oil and gas reserves on the UK Continental Shelf (UKCS), at UK onshore locations and overseas, BRINDEX aims to demonstrate our vital contribution to both the industry and the local economy.

more info

Key Facts:

  • Independent Sector

    Britain remains the only European country in which a substantial, independent E&P sector has been established.

  • Active

    BRINDEX members are active in 21 countries worldwide.

  • UK Offshore/Onshore

    BRINDEX members now collectively hold interests in some 408 offshore and 47 onshore licences. These include interests in 93 producing oil fields and 42 producing gas fields.

  • International Offshore/Onshore

    BRINDEX members currently hold interests in 38 producing oil and gas fields.

  • UK reserves

    Aggregate proven and probable UK reserves attributable to members at the end of 2019 amounted to 2,259 mmboe.

  • Worldwide reserves

    Worldwide proven plus probable reserves held by BRINDEX members at the end of 2019 amounted to 1,482 mmboe.

  • Market capitalisation

    The combined market capitalisation of quoted Members stands at some £6.4 billion (US$8.6 billion). In addition the value of unquoted Members of BRINDEX is estimated to be in excess of an additional £5 billion (US$6.7 billion).

Influencing licensing policy and taxation

Within the UK, independent companies have an increasingly important role to play as the province continues to mature

Announcements

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08
Mar 21
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Oil and Gas Authority ESG press release

Vital climate-related information will be included alongside other key metrics in oil and gas operators and licensees' financial reports, following a successful cross-industry taskforce.

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19
Sept 19
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New Reporting Standards

BRINDEX members committed to supporting the British Government's target of reducing greenhouse gas emissions to net zero by 2050.