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Page added on June 5, 2008

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North Sea Oil Reserves Could Be Up To 30 Billion Barrels

A report broadcast on BBC Scotland has tonight made the claim that a further 30 billion barrels of oil could still be available in the North Sea. This figure is roughly the same as the amount of oil which has so far been extracted and has surprised many. However, it may not be quite as simple as that……..

While the figure of 30 billion barrels comes from an expert in the field it is debatable and the problem may actually be reaching the oil and making extraction worthwhile.
FinancialAdvice



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