New U.K. Oil & Gas Estimates

GALWAY, IRELAND--July 15, 2014 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) U.K. oil and gas reserves and resources are in the range of 11.1 billion to 21.0 billion barrels of oil equivalent (boe) according to the latest figures released by the Department of Energy and Climate Change (DECC).

In its annual updated estimates, DECC claimed that the figures show "there is a still of lot of potential remaining in domestic energy reserves".