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Weald Basin shale oil unconventional concept play


Weald Basin shale oil unconventional concept play

Report summary

In November 2014, the Horse Hill discovery was made by Horse Hill Developments and Magellan Petroleum. The well discovered oil in the upper Jurassic reservoir. There have been a number of studies in the potential oil in place in the eight licences areas within the Weald Basin. These suggest up to 15.7 billion barrels of oil could be in place.                                                                                                                                                                                                             

In December 2015, UK Members of Parliament voted to allow hydraulic fracturing to take place at depths greater than 1,200 metres beneath national parks, World Heritage Sites and areas of outstanding natural beauty. This is particularly relevant in the Weald Basin with the New Forest and South Downs national parks covering part of the basin.


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Description

Production from unconventional oil and gas resources has had an enormous impact on North America’s recovery from economic recession. The success there has led to a shift in the upstream oil and gas industry. Other countries are investing in the industry in the hope they will reap similar benefits for their economies.

This Upstream Oil and Gas Unconventional Play report provides a detailed analysis of geology, reserves, production and commercial issues, including cost of supply, access and fiscal terms.

Potential investors, governments and companies in the oil and gas sector can use this unconventional play report to get a better understanding of critical issues with this play.

With more than 120 analysts covering 190 proven and emerging unconventional plays, Wood Mackenzie is ideally placed to offer detailed analysis on over 98% of global unconventional volumes. Our analysts produce forward-looking analysis, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else.

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  • Key facts
  • Summary and key issues
  • Location maps
  • Key companies
  • Geology
  • Operations
  • Fiscal and regulatory
  • Economic analysis

In this report there are 2 tables or charts, including:

  • Key facts
    • Key facts: Table 1
  • Summary and key issues
  • Location maps
    • Location maps: Image 1
  • Key companies
  • Geology
  • Operations
  • Fiscal and regulatory
  • Economic analysis
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