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North Sea Oil

Volume 884: debated on Wednesday 22 January 1975

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asked the Secretary of State for Energy upon what basis will compensation be calculated for the acquisition of 51 per cent. interests in commercial fields in the North Sea.

asked the Secretary of State for Energy whether he will publish a list in the Official Report showing, for each of the North Sea oilfields which has so far been declared a commercial prospect, the date when oil is expected to come on stream; and what were the equivalent figures on 1st March 1974.

The information for 1974 is contained in my right hon. Friend's Report to Parliament on Reserves of Oil and Gas in the United Kingdom. It will be updated soon with the publication of the 1975 report.