How much gas could Jackdaw provide? And will it cut your energy bills?
Summary
The UK government has approved drilling at the Jackdaw gas field in the North Sea, allowing gas production to start soon. Jackdaw is expected to provide about 1.6% of the UK's predicted gas needs over the next decade but is unlikely to significantly lower household energy bills.Key Facts
- Jackdaw gas field is located 150 miles east of Aberdeen in the North Sea.
- It is owned equally by Shell and Equinor through Adura Energy.
- The field holds around 10 million cubic meters of gas and could produce for about 11 years.
- Jackdaw gas could connect to the UK gas network within weeks.
- About half of the UK’s gas currently comes from North Sea fields and the rest mostly from imports, especially from Norway and the US (via liquefied natural gas).
- Experts say gas produced at Jackdaw will not lower UK household bills this winter or have a big direct effect later.
- UK gas prices follow European market rates, meaning local production does not guarantee cheaper energy.
- Tax revenues from Jackdaw profits may fund green energy projects or reduce bills in the longer term.
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