Weald Basin oil — is it shale oil or oil shale? And why it matters
By Humphrey Douglas
The UK Department of Energy & Climate Change (DECC) has published a study by the British Geological Survey of the Jurassic shales of the Weald Basin in southern England. Unlike shale gas findings of a similar report published in 2013 for the Bowland-Hodder in northern England, the Weald Basin is said to contain oil:
‘There is unlikely to be any shale gas potential, but there could be shale oil resources in the range of 2.2–8.5 billion barrels of oil (290–1,100 million tonnes) in the ground, reflecting uncertainty until further drilling is done.’
A third study is also now said to be under way, and will apparently be completed in the summer of 2014. It will cover the Midland Valley of Scotland. Estimates will be made for both the oil and the gas ‘in-place’ resources of the carboniferous strata of central Scotland…
Click on the link below to read the rest of the Dentons briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Dentons
News from The Lawyer
Briefings from Dentons
…and the present is no time to request a loss determination.
The US Senate has passed the Medicare Access and Children’s Health Insurance Program Reauthorization Act with bipartisan support.
Analysis from The Lawyer
Life in Canada is getting harder for firms as commodities prices fall and work volumes slow
Which firms are cutting it in this era of slimline rosters, and who are the GC new brooms making clean sweeps? The Lawyer can reveal all