New Scientist
Image: AvidlyAbide
The UK’s new oil rush may have ended before it even began. There are several billion barrels of oil under south-east England, according to a new report, but it may not be worth drilling for it.
The report, by the British Geological Survey, estimates that there are 2.20 to 8.57 billion barrels of oil trapped in the shale rocks of the Weald Basin, south of London. However, it concludes there are no significant gas deposits in the area.
Energy companies will have to resort to the controversial technology of fracking to get at the oil. But they may decide not to bother, says petroleum geologist Andrew Aplin of Durham University in the UK. That’s because very little of the oil can be reached, even with fracking. Read more on newscientist.com…
