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Helen Robertson
London
3 July 2014
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No shale bounty for Scotland

SCOTLAND could have sizeable unconventional oil and gas reserves, but they’re unlikely to match the resources held by England, the British Geological Survey (BGS) concluded. A recent survey carried out by the BGS said the Midland Valley in Scotland could hold between 49.4 trillion cubic feet (cf) and 134.6 trillion cf of shale gas. The mid-estimate for the resource is 80.3 trillion cf.  The range for estimated shale oil-in-place is between 3.2 billion barrels and 11.2 billion barrels, the report said, with a central estimate of 6 billion barrels.   Scotland’s Midland Valley lies beneath the country’s Central Belt, running from from Girvan to Greenock in the west, and Dunbar to Stonehaven i

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