In the Press & Journal today:
‘The boss of North Sea oil producer EnQuest said yesterday he believed the region could yield further discoveries to extend its lifespan. Chief executive Amjad Bseisu highlighted last year’s Glendronach gas find by Total – which could pump out the equivalent of about 180 million barrels of oil – as an example of why the industry should not give up on the search for new reserves.’
I know many of you would leave the oil where it is and I have sympathy for that view but my focus, as always, is on the case for independence and we need to remind those like Kay Burley only days ago, that if we need it we have it, in abundance and for decades to come.
It’s been some time since we had a flurry of oil and gas reports. Here are a ‘few’ from just the last 12 months:
How much of UK oil bonus is Scotland’s? How much is it worth? How much tax revenue will we get?
Could we, should we, let England have this new oil and gas field as a going-away present?
Those who know are betting on high prices for Scottish oil in 2019
Another Trillion dollars plus in new oil field West of Shetland
Cameron’s Great Scottish Oilfield Cover-up of 2014
$2 trillion in Scottish oil still to be extracted just from North Sea!
Scottish oil heading for $41 billion profit in 2018 alone, BBC Scotland? Yes, yes, BUT, BUT what about rising costs?
Value of Scottish oil surges to $85pb on way to $100pb in 2019
£30 billion value Scottish oil anticipated from one new field as experienced developer gets involved
Scotland’s Oil surging bullishly toward $100 per barrel
As Scottish oil heads for $100pb will the UK Treasury tax this massive revenue?
‘Scottish oil and gas sales saw an 18.2% increase to £20billion in the last financial year.’ but we get diddley!
High oil prices continue to weaken confidence in Scottish economy
North Sea expected to produce much more oil and revenue than expected
‘Wild West 3D Seismic Survey’ to unlock 320 million barrels of Scottish oil
‘Huge swing in North Sea oil revenues’ suggests tax fiddle
Scottish crude oil value surges to record level in more than 3 years
Wood can’t see the green shoots (of oil recovery) for the trees?
Five reasons why shale oil’s challenge to high prices for Scottish oil is only temporary
A fifth prediction of oil rising to $100 per barrel for Scottish oil, suggests pre-tax revenue of around $1 trillion!
Scotland’s oil and gas expertise will aid and earn abroad
Scottish Fiscal Commission’s ‘black hole’ in Scotland’s finances is both wrong and easily washed down the drain with oil
As Scottish oil industry booms, Aberdeen contractors more confident but Scottish media pay little attention.
As oil prices soar and exploration increases, employment in Scotland’s oil industry returns to record levels
A wealthy independent Scotland? Nearly $300 billion in new oil revenue to be unlocked in latest offshore licensing round.
According to Bank of America, oil prices could hit $100 a barrel next year but all of Scotland’s ‘business correspondents’ miss the news again and for the fourth time in a year.
Scottish oil surging back toward £100 per barrel and massive Treasury revenue?
Scottish GDP grows by 10 times UK rate in first quarter of 2018 or could that be 30 times with proper taxation of oil revenue?