EXPLORATION

EY outlines Gatwick gusher potential

ACCOUNTING firm EY has released a report estimating that the Kimmeridge Limestone in the UK could meet almost a third of UK domestic oil demand for the life of the project, generate up to $100 billion for the UK economy and some $40 billion in taxes and create some 5600 jobs.

Haydn Black

The report, commissioned by Horse Hill partner UK Oil & Gas Investments, looks only at the benefits of future Kimmeridge Limestone oil production projects over the Weald Basin, based on the Horse Hill-1...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.