‘Wild West 3D Seismic Survey’ to unlock 320 million barrels of Scottish oil

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Photo: TGS

From Energy Voice, yesterday:

‘The Erland Wild West 3D seismic survey project has started today in the west of Shetland region of the North Sea. The basin was a place of significant interest for big oil firms such as BP, Total and Shell who took a number of blocks during the recent 30th Offshore Licencing Round. The survey will reportedly cover an area of more than 621 miles of the West of Shetland basin. Total, Siccar Point, BP, Chrysaor, Shell and Parkmead all picked up licences west of Shetland in a licencing round that could have the potential to unlock 320 million barrels of previously stranded oil.’

https://www.energyvoice.com/oilandgas/north-sea/178277/wild-west-of-shetland-seismic-project-gets-underway/

Development west of Shetland, is already massive and will increase and prolong Scotland’s potential revenue well into the middle of this century. See:

‘Boom in Production from Giant [Kraken] Shetland Field Spurs Oil Industry’

Another North Sea Oil development begins production. It’s called the Western Isles platform and it’s 100 miles east of Shetland – I know, misplaced, but at least it’s a better name than Lancaster, Loyal or Bombardier!

Total begins to make massive profits from Scotland’s oilfields west of Shetland

Dunfermline-based firm secures contract to supply subsea equipment for huge oilfield west of Shetland

Another oil major reports record production in the first half of the year boosted by the Solan field off Shetland

£290 billion of tax revenue still in the North Sea and much more to the west of Shetland

More signs of massive oil expectations in Scotland’s waters west of Shetland and the Chinese market is desperate for it

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

 

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10 thoughts on “‘Wild West 3D Seismic Survey’ to unlock 320 million barrels of Scottish oil

  1. gavin August 4, 2018 / 10:02 am

    Alas, poor Scotland.
    Even more oil to drag our economy down. Woe is us!

    Douglas on ButButCarp Scotland will be on in a second to tell us how its the wrong kind of oil, in the wrong place and utterly worthless for a modern economy, unless the revenue goes first to London—–then we will get 9% sent back as pocket-money (if we’re good).

    Liked by 1 person

    • Alasdair Macdonald August 4, 2018 / 12:55 pm

      They might just ‘bung’ the likes of ‘Savage Tosh’ ( I tend to get names mixed up at my age) and a few of the heid yins in the Orkney and Zetland Councils, with promises of a ‘fund’ in return for threatening to stay as part of the UK in the event of independence.

      Liked by 1 person

  2. johnrobertson834 August 4, 2018 / 3:05 pm

    I’ve been to Shetland 7 times and it’s full of Robertson’s and other former mainlanders with no love for Westminster.

    Like

    • Alasdair Macdonald August 4, 2018 / 8:20 pm

      But, the media reports that every Orcadian and Shetlander is a proud Briton, whether it is a fact or not.

      Liked by 1 person

  3. Scott August 4, 2018 / 7:19 pm

    Brexit no deal will May use this oil to bail out Westminster the way Maggie did and us poor Scots will get the crumbs,its time Scotland to wake up and take control of our country.

    Liked by 1 person

    • Robert Innes August 6, 2018 / 1:36 pm

      Hi Scott,

      I’m afraid that things post-Brexit will become so bad that to prevent a total collapse of the economy, Westminster might start to sell the rights to future royalties from oil extraction off to China, rather than having to wait for them to be paid after the oil comes out of the ground. If we ever get wind of this happening it is incumbent on the SNP to declare that on obtaining Independence, any such foreign purchases will be re-nationalised by a Scottish Government without compensation. In fact they should do it anyway, just in case that becomes Westminster’s intention.

      Regards,

      Robert I

      Like

  4. groully belkie August 4, 2018 / 8:55 pm

    I’m an Orcadian with no love for Westminster government. We May or May not have an election soon?

    Like

  5. purple thistle August 5, 2018 / 2:16 am

    Peopple KILL FOR OIL. BIg Kill, lots of people, dead.l I wish there was NO OIL in ScOTTISH WATERS!

    Like

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