Scotland is endowed with some of the best energy resources in Europe, and is a net exporter of electricity, with a generating capacity of 10.1GW primarily from oil, gas and nuclear generation. The principal companies operating in the sector are Scottish Power , Scottish and Southern Energy and EDF Energy . How much oil and gas does Scotland have? by has said for 2016/17 Scotland’s tax take from oil and gas revenues will be £2.9bn. per barrel has allowed the SNP to talk about £1.5 The value of oil in the North Sea has been hotly debated in Scotland for decades and was a key part of the economic argument for Scottish independence in the run-up to the 2014 referendum. As the EU’s largest oil producer, Scotland is sometimes compared to notable oil-producing countries outwith the continent.