In the North Sea yes. The Norwegians also have the Norwegian and Barents Sea which bumps up their reserves a lot. We have West of Shetlands which helps with ours a lot as well. But we are continually… (View Post)

Answer to your fracking question is no. It isn't. Even the guy who was running the project up outside Blackpool made that admission a couple of years ago. Norway are going full on with exploration an… (View Post)

My dissillusionment with the whole oil industry started early in my career when I realised that there were instances where it was far better for company directors if we didn't find any oil than if we… (View Post)

Exactly this. Fracking works in large areas of unbroken geology like the North German/Polish plains or large parts of North America. But it is simply impractical in the UK. Not just because of our in… (View Post)

I am not bothered one way or another about the ban. What I would say is that any company directors embarking on a fracking project should be held personally responsible as individuals for the full co… (View Post)