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    The Argus: Sussex sitting on huge pool of shale gas and oil according to study

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Summary

The Energy Information Administration (EIA) and Advanced Research International’s (ARI) World Shale Gas and Shale Oil Resource Assessment has revealed the Weald basin holds 700 million barrels of shale oil.

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The Argus: Sussex sitting on huge pool of shale gas and oil according to study

Sussex is sitting on one of the biggest pools of shale gas and oil in the world according to a leading study

The Energy Information Administration (EIA) and Advanced Research International’s (ARI) World Shale Gas and Shale Oil Resource Assessment has revealed the Weald basin holds 700 million barrels of shale oil.

This makes the basin, which spreads through Kent, Surrey and Sussex, the largest onshore oil field in Britain.

The report said: “While no shale drilling has occurred here yet, the region includes Britain’s largest onshore oil field and appears highly prospective for shale oil development.”

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