There are Up to 20 000 000 000 (billion) barrels of oil still left on the Scottish continental shelf as a single field of one billion barrels of ‘recoverable’ oil has just been found

hurricaneoil

This is the second huge discovery this year. It was only in May we heard that Hurricane Energy had been increasing their estimates from 600 million to 2 billion and now to 8 billion based on discoveries west of Shetland in just one month:

Estimates of Scotland’s oil reserves West of Shetland now massively increased to around 8 billion barrels! ‘A super-resource now on the cards.’

Now what seems to be a further billion barrels of recoverable oil has been found to the west of Shetland in the strangely named ‘Greater Lancaster Area.’

Suggesting that this is additional to the finds in May, it’s been described as ‘the largest undeveloped discovery’ of oil in UK waters.

Oil and Gas UK have said:

‘There are still up to 20bn barrels of oil and gas to go after in the UKCS [sic] and we believe that makes the basin a very positive investment prospect indeed.’

It seems Hurricane Energy’s success is due to concentrating on neglected geological formations known as ‘naturally fractured basement reservoirs’ and that these are common west of Shetland.

So, once more, here is evidence of massive energy wealth which would be available to an independent Scotland which by all the signs would soon be entirely self-sufficient on renewable energy sources by 2030 and so able to sell all the oil to the fast growing economies in Asia.

This is just one more indicator of how the GERS figures serve only to deceive and to undermine us.

https://www.thelondoneconomic.com/news/billion-barrels-recoverable-oil-found-off-coast-scotland/27/03/

Advertisements

4 thoughts on “There are Up to 20 000 000 000 (billion) barrels of oil still left on the Scottish continental shelf as a single field of one billion barrels of ‘recoverable’ oil has just been found

  1. Carl Jenkins August 31, 2017 / 12:48 am

    I’m sure the English will look after these new fields………….BUT, only if we LET THEM and Independence is the ONLY way to STOP them.

    Like

  2. Mark Potter-Irwin September 2, 2017 / 9:12 am

    I desperately want Independence and I believe we can survive perfectly well without the oil revenues. Leave it in the ground it is killing the planet and I do not want Scotland to be an accomplice in this poisonous corrupting industry.

    Like

    • johnrobertson834 September 2, 2017 / 9:29 am

      I know but Unionist politicians use the supposed decline in oil as a stick to beat us with.

      Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s