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Serious Debates & News Debate and discussion about political, moral, philosophical, celebrity and news topics. |
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#1 | |||
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OG(den)
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http://news.sky.com/story/1461413/oi...be-world-class
![]() The estimated size of an oil find near Gatwick Airport has been upgraded to 100 billion barrels, though extraction may be limited to just 3% of the total. The surprise announcement was made by UK Oil & Gas Investments, which said the Horse Hill-1 well in the Weald Basin was now thought to hold 158 million barrels per square mile. Stephen Sanderson, the CEO of UK Oil and Gas Investments described the find as "a possible world class potential resource" with the potential for "significant daily oil production." He said: "Drilling the deepest well in the basin in 30 years, together with the ability to use concepts, techniques and technology unavailable in the 1980s, has provided new cutting-edge data and interpretations to comprehensively change the understanding of the area's potential oil resources." More follows... |
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#2 | |||
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Senior Member
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Quote:
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#3 | |||
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Senior Member
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Wrong Place
Thats the airport thats getting the Extra New Runway we get told it after the Election Last edited by arista; 09-04-2015 at 07:45 AM. |
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#4 | |||
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Likes cars that go boom
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Well well....
![]() Aren't oil wells usually offshore?... If it can be extracted safely we'll be pretty lucky, bye bye national debt. Here's hoping.
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#5 | |||
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The Italian Job
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#6 | |||
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Likes cars that go boom
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Oh wait it's an American company and we have a conservative government about to be ousted.... watch for the oil rush as they sign away the land for a price before they slither away.
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#7 | |||
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Flag shagger.
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I wouldn't be surprised if Nicola Sturgeon claims this oil belongs to Scotland.
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#8 | |||
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Likes cars that go boom
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Well this oil doesn't belong to England either so now we're going to find out what other countries laying claim to your resources feels like.
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#9 | |||
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OG(den)
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#10 | |||
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Flag shagger.
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#11 | |||
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OG(den)
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#12 | |||
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Flag shagger.
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Wasn't it clear that it was a one time, in or out referendum? You can't keep it going till you get the answer the minority wants. Anyhoo, the next referendum on Scottish independence should be for the English to decide.
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#13 | ||
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Senior Moment
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Isn't it about time we stopped bleeding earth for oil, and started worrying about the fact that in a decade or two, we're screwed if we don't have alternative fuel.
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#14 | |||
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Flag shagger.
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I agree. If ten percent of oil profit was ploughed back into researching alternative renewable energy we'd have an answer by now. Of course, that's not what the oil companies want.
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#15 | |||
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Likes cars that go boom
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There are already more than enough sources they just aren't profitable.
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#16 | |||
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Senior Member
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I actually just laughed out loud
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#17 | |||
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Senior Member
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Frack Off..........
This is fracking by the back door and will never happen... About we told Big Oil to take a hike.....
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