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http://www.mirror.co.uk/news/uk-news/gatwick-airport-oil-100-billion-5483350?ICID=FB_mirror_main
here could be up to 100 billion barrels of oil under land near Gatwick Airport, a report has revealed.
UK Oil & Gas Investments said the independent report estimated 158 million barrels per square mile could be lying below the site just north of the UK's second-largest airport, much more than first thought.
By comparison the North Sea has produced about 45 billion barrels in 40 years, the BBC reports.
But only a fraction of the oil in the south of England spot - an estimated 3% to 15% - is believed to be accessible.
The report was commissioned by the developer of the Horse Hill-1 well in the Weald Basin.
The site is also near adjacent to one of Europe's largest onshore oil fields at Wytch Farm.
here could be up to 100 billion barrels of oil under land near Gatwick Airport, a report has revealed.
UK Oil & Gas Investments said the independent report estimated 158 million barrels per square mile could be lying below the site just north of the UK's second-largest airport, much more than first thought.
By comparison the North Sea has produced about 45 billion barrels in 40 years, the BBC reports.
But only a fraction of the oil in the south of England spot - an estimated 3% to 15% - is believed to be accessible.
The report was commissioned by the developer of the Horse Hill-1 well in the Weald Basin.
The site is also near adjacent to one of Europe's largest onshore oil fields at Wytch Farm.