Massive Gatwick oil find – a reality check

“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

 

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