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Offshore Oil

Volume 885: debated on Tuesday 28 January 1975

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asked the Secretary of State for Energy if he will amplify his depletion statement of 6th December 1974 by stating whether a find is to be construed as at the date of the first well on a structure with a hydrocarbon show or one or more tested to give certain flow rates.

The expression "find", used in my answer to a Question on 6th December 1974, denotes that oil or gas has been tested in the discovery well at such rates as to suggest the probability of further work proving the existing of a commercial oil or gas field.