A consortium of oil companies is to invest more than $500m (£330m) in an appraisal drilling programme which could lead to further development of a giant North Sea field. The BP-led consortium said drilling had already started on the first of five wells planned over the next two years at Clair, west of Shetland.
Up to 12 wells could be drilled, depending on initial results. The news came as the UK government unveiled a new oil and gas strategy.
BP's partners in the appraisal drilling programme are Shell, ConocoPhillips and Chevron. It is the latest in a series of announcements, aimed at transforming the Atlantic's role as an oil-producing region.
Clair is already known as a "monster" field, holding eight billion barrels of oil. Clair oil field was discovered 35 years ago, but production has only started in the last 8 years.
http://www.bbc.co.uk/news/uk-scotland-scotland-business-21955536
I have often wondered when the vast Oceans like the Atlantic, Pacific and Indian Oceans will be drilled for oil. They are so vast and huge that it is possible that we have only scratched the surface of Earth’s oil reserves. The technology may not be available yet or it is too expensive at present to drill.
Maybe we will get to see oil drillers like in James Cameron’s science-fiction movie The Abyss.
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