BBC oil and gas and coal will run out in 5 yrs

[Binnie]

Speaking to a few guys recently,

specifically north sea, there are reserves in the north sea that haven't yet been tapped that could keep us going for well in excess of this guestimate.

the issue is cost, they are extracting the easy reserves first, and keeping the deeper, harder to extract parts for much much later.


The deepwater Horizon disaster was at a very deep level, a few things went wrong, the biggest being the wellhead wasnt't cemented and/or tested properly, and the blowout preventer didn't sever the drill pipe,