The Oil Find That Will Settle The Result Of The Election
I’ve believed for some time, that which ever party wins the election in a few weeks time should win the next election in 2020.
This belief is based on the fact, that so many large rail and other transport projects are due for completion in the later years of this decade.
The report on the BBC of the large oil find at Horse Hill in Surrey, is one of many that describe the find as of national significance. This is said in the BBC’s report.
“We think we’ve found a very significant discovery here, probably the largest [onshore in the UK] in the last 30 years, and we think it has national significance,” Stephen Sanderson, UKOG’s chief executive told the BBC.
Many will worry that developing an oil field in rural Surrey could be an environmental disaster.
A friend of mine had a lot to do with the development of the last major onshore oilfield in the UK at Wytch Farm, which is the largest onshore oil-field in Western Europe. The new field could be bigger, but all reports get their millions and billions mixed up.
Wytch Farm is not your average oilfield, as it is in the heart of rural Dorset by Corfe Castle. Wikipedia says this about the environment of the field.
Most of the field is protected by various conservation laws, including the Jurassic Coast world heritage site, Purbeck Heritage Coast and a number of sites of special scientific interest, areas of outstanding natural beauty and nature reserves (including Studland and Brownsea Island), so the gathering centre and most of the well sites are small and well screened by trees. Directional drilling has also contributed to reducing the impact on the local environment, with extended reach drilling from the Goathorn Peninsula attaining distances in excess of 10 km.
But the field would appear to have been an impeccable neighbour, more conspicuous by its absence in the media.
So I think the UK has good form in the development of oilfields in sensitive areas and there is no reason to expect that the development of Horse Hill will be any more disruptive than that at Wytch Farm.
The field’s biggest effect will be on the UK economy, if as reports are saying, production will start in a few years time, it will be producing revenues and cutting imports by the next election in 2020.
Circumstances have left the incoming government with a very large dowry.
They will have to be really stupid to lose in 2020. But then that’s normal for politicians.
The Anonymous Widower 
[…] After all they’ve already found one sizeable field recently at Horse Hill, as I wrote about inThe Oil Find That Will Settle The Result Of The Election. […]
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