“On 10th April it was widely reported that a small oil company claims to have found up to 100 billion barrels of oil below the Weald region of southern England. They estimate that up to 15 billion barrels is recoverable, about as much as Brazil’s proved reserves. They base this on a single drill site with no flow measurements. For anyone who knows anything at all about geology, this is beyond ludicrous.”
Earth scientist and and renewable energy entrepreneur Dr Jeremy Leggett pours cold water on the ‘Gatwick oil boom’ – and points out that that no major oil and gas company has a significant investment in UK shale – in this blog post
The promise of black gold beneath the Weald has been one of today’s big stories in the national media.
UK Oil and Gas Investments (UKOG) has announced that it estimates there to be up to 100 billion barrels of extractable oil since completing exploratory drilling at the Horse Hill site.
This significant find will supposedly be obtainable from conventional methods of extraction. The fact that this is “tight” oil, which will more than likely require stimulation from hydraulic fracturing seems to be something the mainstream press isn’t questioning.
UKOG claims in a BBC article that the oil at Horse Hill is in rocks that are naturally fractured, giving “strong encouragement that these reservoirs can be successfully produced using conventional horizontal drilling and completion techniques”. The Beeb is evidently happy to publish an oxymoron (horizontal drilling) as truth.
Rob Basto a local resident and key Frack Free Surrey member has been facing the media today and reminding them that the depth of this resource means that it lies in layers “where you would need to use fracking, which is a much more dangerous process”.
Another voice of reason and sense amidst talk of a bonanza comes from Keith Taylor, Green MEP for south-east England, who sees this discovery as providing “the perfect opportunity for us to have an important national debate about keeping fossil fuels in the ground. The scientific consensus on climate change has never been greater and we have been told that the only way we have a chance of averting catastrophe is by leaving large reserves of oil in the ground”.
In the coming weeks, as we are swept in election fever and the media will almost certainly avert its gaze from this issue, it will be important to keep a close eye on the developments at the Horse Hill site. Fortunately, Rob and other members of Frack Free Surrey are ready to scrutinise and counter UKOG’s rhetoric. Such willingness to stand up for our countryside and against the fossil fuel industry will be vital.