UK's largest onshore gas field thought to have been found at West Newton in East Yorkshire
Almaty. June 18. KazTAG - The UK’s largest onshore gas field is thought to have been discovered at a drill site in East Yorkshire, reports Hull Daily News.
West Newton A-2, a site operated by Rathlin Energy, is believed to hold at least 189 billion cubic feet of gas – the equivalent of 31 million barrels of oil.
Investment firm Reabold Resources also said the site could also be the largest hydrocarbon discovery in the country since 1973.
Protesters have in recent months stuck themselves to lorries with glue and blocked access to the site, leading to a series of arrests.
Sachin Oza, Co-CEO of Reabold, said: "We are delighted by today's results confirming that West Newton could potentially be the UK's largest onshore gas field.
“The results of the well have exceeded our expectations and have also shown a significant liquid hydrocarbon volume which has increased our excitement and the future value of the field materially.
"From its onshore location near Hull and with nearby infrastructure available, we anticipate that West Newton can provide material volumes of hydrocarbons for the UK's energy needs at low cost and in the near term.
"Success in a project of this scale would undoubtedly be transformational for Reabold and its investors. We look forward to the well test in the coming weeks and potentially generating early cash flow from the testing programme."
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