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Helen Robertson
London
3 June 2014
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UK’s shale oil reserves could triple, says BGS

The British Geological Survey said the commercial amount was unknown

The UK’s Weald basin could hold almost 9 billion barrels of shale oil, according to British Geological Survey (BGS) data, which, if proved up, has the potential to triple the country’s crude reserves. A new BGS report, released on 23 May, said the Weald basin, in southeast England, could hold between 2.2bn barrels and 8.57bn barrels of shale oil, pegging the resource’s central estimate at 4.4bn barrels. The study, The Jurassic shales of the Weald Basin: geology and shale oil and shale gas resource estimation, was commissioned by the UK’s Department of Energy and Climate Change (DECC). The area studied covers 10,825 square km, extending from Salisbury, in Wiltshire, western England, to the Ke

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