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Scottish Oil and Gas Investigation Reveals New Reserves

Published in Oil Industry News on Monday, 15 September 2014



Scotland could be sitting on larger oil and gas reserves in the Scottish Firths than currently predicted, a new independent industry investigation has found. 

The investigation was undertaken by oilandgaspeople.com, the world’s largest oil and gas industry jobs board, and independent North Sea oil and gas industry experts. The investigation included interviews with industry experts and collated seismic and expert evidence from a range of independent sources such as the British Geological Survey, DECC, oil and gas companies, the Institute of Petroleum Engineering and the Energy Institute. 

The investigation shows that the geology of the majority of Scotland’s estuaries or Firths are oil and gas bearing. 


In some instances, oil and gas exploration drills and licences by the oil majors were prevented and overturned by the Ministry of Defence, such as in the Firth of Clyde due to the Trident Submarine base despite the presence of oil bearing late Paloeozoic strata.


The investigation found that the Scottish Solway Basin has commercially recoverable oil and gas geology. The sea (in the Scottish Solway Basin) is in the same strata as Morecambe Bay, which has the second largest gas field in Britain’s continental shelf.


The investigation also found that the Moray Firth is being used by industry experts as a model for other estuaries reserves. The Moray Firth, on the east coast of Scotland, is now a proven area for commercially recoverable oil and gas. If this is replicated across Scottish Firths, oil and gas reserves would rise considerably, the investigation found. 


The investigation also found that the Firth of Tay and Cromarty Firth’s are likely to yield an oil and gas return similar to the Moray Firth Basin.


The investigation discovered that the Firth of Forth also has oil and gas geology, such as Crossgatehall Anticline Complex (CAC); the Mid-Forth Anticline (MFA); the Burntisland Anticline (BA); and the Barmule Anticline (BEA). 


Experts at the British Geological Survey reported that exploration has started for oil and gas in the Solway Firth, with its Carboniferous to Triassic Fill, and the nearby Irish Sea Basin, where Westphalian Coal Measures are the source of the gas in the Triassic sandstone reservoir of the Morecambe Bay field. 


The investigation also found that exploration licences have been issued for the area in and around Mull as well as Pentland Firth, Stronsay Firth, Westray Firth, and North Ronaldsay Firth, in Orkney. 


Kevin Forbes, CEO of www.oilandgaspeople.com, the world’s largest independent oil and gas jobs board, said: “The Firths of Scotland have long been overlooked in terms of their potential for oil and gas exploration. Yet the geology in many of these estuaries is the same as other high yielding areas with commercial oil and gas reserves,” he said. 


Petroleum Engineering expert, Professor Derrick Stow, Head of the Institute of Petroleum Engineering, Heriot Watt University, Edinburgh, who stated, ``There are sedimentary successions (that help produce and then reservoir the oil and gas) in some of the western islands, the Moray Firth and the Firth of Forth``. 


Dr Phil Richards, Manager, Hydrocarbons, BGS, Edinburgh, said, “Many of the Scottish Firths are underlain by sedimentary rocks potentially capable of generating or trapping hydrocarbons……there have been discoveries in the Inner Moray Firth, the Beatrice oil-field for example”. 


Oil and Gas People is the leading source for breaking oil and gas news stories. 






Tags

Oil and Gas News, Oil and Gas Scotland, Oil Reserves Scotland, Scottish Oil and Gas, Jobs








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