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105806
registered interest false more like this
date less than 2014-11-03more like thismore than 2014-11-03
answering body
Department for Energy and Climate Change more like this
answering dept id 63 more like this
answering dept short name Energy and Climate Change more like this
answering dept sort name Energy and Climate Change more like this
hansard heading North Sea Oil more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty’s Government what assessment they have made of the effect of changing oil prices on reserves from North Sea oil. more like this
tabling member printed
Lord Stoddart of Swindon more like this
uin HL2614 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-11-20more like thismore than 2014-11-20
answer text <p>Each year the Department of Energy and Climate change publishes estimates of UK oil reserves based on assessments of the amount of oil that is technically and commercially recoverable. The judgement on commerciality rests with the operators of each field/discovery, not the Department. It will depend, among other things, on oil prices when they make that assessment. The latest estimates can be found on the attached.</p> more like this
answering member printed Baroness Verma more like this
question first answered
less than 2014-11-20T16:49:22.887Zmore like thismore than 2014-11-20T16:49:22.887Z
answering member
3790
label Biography information for Baroness Verma more like this
attachment
1
file name UK Oil Reserves and Estimated Ultimate Recovery 2014.pdf more like this
title UK Oil Reserves & Estimated Ultimate Recovery 2014 more like this
tabling member
950
label Biography information for Lord Stoddart of Swindon more like this