'Significant' oil reserves will sustain UK production for next 20 years

A REPORT from the UK ‘s Oil and Gas Authority published today shows that overall remaining recoverable reserves and resources range from 10 to 20 billion barrels or more of oil equivalent, which the authority believes will sustain production for at least the next 20 years and beyond if additional resources can be matured.

'Significant' oil reserves will sustain UK production for next 20 years 'Significant' oil reserves will sustain UK production for next 20 years 'Significant' oil reserves will sustain UK production for next 20 years 'Significant' oil reserves will sustain UK production for next 20 years 'Significant' oil reserves will sustain UK production for next 20 years

 

Over the last two years the OGA have worked alongside the British Geological Survey to re-evaluate and study oil and gas resources throughout the UK to form the report.

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