22nd October 2010
Drilling for Oil in Lincolnshire
by Paul Barrett, MD of Europa Oil
Paul Barrett is a real life Oilman. He is Managing Diector
of Europa Oil Ltd., a company that drills for oil in Romania and Lincolnshire.
Currently the company is producing oil in the county, not large quantities by
North Sea standards but nevertheless what might be terms "nice little earners".
Paul explained in geological terms how oil is formed and collected in reservoirs within rock formations. Lincolnshire's geology was explained so that the audience could understand why oil is to be found in some areas and not in others. The lecture included interesting facts about gas production from very small reservoirs which in theory might be possible in Lincolnshire. However, perhaps the most interesting topic was the production of gas from underground coal seams. This presents the prospect that gas produced in this way could be used where it was produced to generate electricity cleanly. The lecture was followed by a lively and lengthy question and answer session.
Paul explained in geological terms how oil is formed and collected in reservoirs within rock formations. Lincolnshire's geology was explained so that the audience could understand why oil is to be found in some areas and not in others. The lecture included interesting facts about gas production from very small reservoirs which in theory might be possible in Lincolnshire. However, perhaps the most interesting topic was the production of gas from underground coal seams. This presents the prospect that gas produced in this way could be used where it was produced to generate electricity cleanly. The lecture was followed by a lively and lengthy question and answer session.