UK: Reinstated wells produced 16 million boe in 2025
Reinstated wells added oil and gas output, increasing hydrocarbon supply.
Source →The trace
How it reaches your house.
Starting from Shell plc, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Natural gas wellhead production →supply upThe output shock directly increases the availability of the critical downstream home-gas good.
96% confidenceShell plc →supply upNatural gas wellhead production
Reinstated North Sea wells added 16 million boe of oil and gas output, modestly increasing hydrocarbon feedstock availability; Shell's exposure is tempered by the 3.5% share and moderate substitutability.
47% confidenceBP plc →supply upNatural gas wellhead productionBP
Reinstated North Sea wells added hydrocarbon output in 2025, which should modestly ease availability of BP’s natural-gas wellhead input; the dependency is present but small and partly substitutable.
42% confidenceHop 2
Natural gas (home) →Stands to benefitInterstate natural gas transmission pipelines
Higher home-gas volumes increase throughput on transmission pipelines, so this critical chokepoint sees more utilization.
85% confidenceNatural gas (home) →Stands to benefitMercaptan gas odorant (tert-butyl mercaptan / THT)
Higher gas throughput requires more odorant injection to keep delivered gas properly odorized.
84% confidenceNatural gas (home) →Stands to benefitHop 3
Interstate natural gas transmission pipelines →supply upInterstate pipelines are a critical, high-dependency input to household gas delivery, so extra upstream production raises home gas availability.
93% confidenceInterstate natural gas transmission pipelines →supply upThe interstate pipeline network covers the U.S. market broadly, so added gas output increases national supply availability.
88% confidenceMercaptan gas odorant (tert-butyl mercaptan / THT) →Stands to benefitHop 4
Caterpillar Energy & Transportation (Parent) →supply upNatural gas compressor stations & engines
Higher UK gas output should increase demand for compressor-station engines, and this edge gives Caterpillar a 40% market share in that segment.
87% confidenceArkema S.A. →Stands to benefitMercaptan gas odorant (tert-butyl mercaptan / THT)
More UK natural gas output means more gas volumes to odorize, increasing demand for mercaptan gas odorant; Arkema’s 45% market share and low substitutability make the uplift meaningful.
70% confidenceEvonik Industries AG →supply up
Where it lands
What you buy, and what you own.
Goods you buy
Natural gas (home)
In the MyPRIA app, this is checked against your own holdings.