HL Deb 11 July 1974 vol 353 c832WA
LORD HOY

asked Her Majesty's Government:

What are their latest estimates of the shares of proven and probable oil and gas reserves in commercial finds in the United Kingdom Continental Shelf accruing to British interests and to the public sector in the United Kingdom.

LORD BALOGH

The information is as follows:

British Share of total reserves Per cent. Public Sector Share of total reserves Per cent.
Oil 50 16
Gas 27 14