Oil reserves much larger than expected in southern England – THE WORLD

In the south of England could have far more oil under the ground are as previously thought. Drilling had shown that there 50 to 100 billion barrels of oil-level (per 159 liters).

She discovered that the oil deposits in the region many times greater than adopted and had “national importance,” said the head of the firm UK Oil and Gas Investments (UKOG), Stephen Sanderson, the BBC. The investment firm is involved, among other things holes near the London Gatwick Airport.

However, could only a fraction of the occurrence, three to 15 percent, are encouraged. 2014 experts were still forecasting a oil reserves of 4.4 billion barrels in the area.

Southern England is in the region Weald in several places oil promoted. It covers the counties of Kent, Sussex, Surrey and Hampshire.

However, the lion’s share of the UK oil production comes from the North Sea, mainly from fields off the Scottish coast. According to the Department of Energy United Kingdom promoted last year 39.7 million tons of oil (including natural gas liquids), corresponding to 283.6 million barrels.

Around the wells in southern England residents fear that oil companies want to get the raw material with the controversial fracking technique to the surface. UKOG has indicated but no fracking plans. The oil that lies in around 760-900 meters depth, let promote different also.

To really make money with the boreholes, one must sooner or later still rely on fracking, said geoscientists Alastair Fraser from London’s Imperial College of the BBC.

Environmentalists criticized the fuss about the new figures as a “throwback to the 19 . Century “. The joy of newfound oil disregard everything that mankind has learned about climate change, said Doug Parr, a scientist from Greenpeace.

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