Press releases and announcements are compiled and issued by the BGS Press Office.
The British Geological Survey (BGS) in association with the Department of Energy and Climate Change (DECC) has completed an estimate for the amount of shale oil and shale gas in the Weald Basin in south-east England.
The estimate is in the form of a range to reflect geological uncertainty. The range of shale oil in place is estimated to be between 2.20 and 8.57 billion barrels (bbl) or 293 and 1143 million tonnes, but the central estimate for the resource is 4.4 billion bbl or 591 million tonnes.
No significant gas resource is recognised using the current geological model.
The British Geological Survey (BGS) is celebrating 100 years of producing its World mineral production data from 1913 to the present.
This annual publication is the longest continuous publicly available record of global mineral production by country and commodity and charts rising demand due to global population growth, changing national boundaries and technological developments.
This unique record underpins the UK efforts to ensure long-term availability of secure, adequate and sustainable mineral supplies which are essential to continued economic development and growth.