BBB±
32
Neutral
The onshore portions in the UK and Holland are likely to be difficult to develop, which is offset (partially at least) by the easier and more joined up regulatory environment offshore.
August 17, 2023
Europe - North West
Onshore & Offshore
Gas
Source rocks include calcareous marine shales of Dinantian age, and deltaic shales, carbonaceous shales, and coals, mainly of Namurian and Westphalian (Carboniferous) age. Organic matter in these diverse source rocks ranges from small volumes of hydrogen-rich Type II kerogen related to marine deposition, to carbonaceous shales and coals of the deltaic sequences, which were deposited in the foreland north of the Variscan orogenic belt. The coals and carbonaceous shales constitute two distinct source rock components, with the coals containing approximately 60% TOC and Type III kerogen, whereas the carbonaceous shale have approximately 1% TOC and mixed Type II and Type III kerogen.
Despite being widely explored, there remains prospectivity as new exploration and completion techniques open up previously untested play types; the ADTB Basin is a member of the Southern Permian Basin super basin.
Source: ESRI, BGS, USGS & OGA data
June 28, 2021
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