§ Mr. Eadieasked the Secretary of State for Trade and Industry of the 47 wells that have been drilled by United Kingdom licensees in the northern basin of the North Sea; what estimate has been made of the likely production of landed oil, at what wells, and at what capital cost.
§ Mr. RidleyThere are good hopes that production from the United Kingdom sector of the continental shelf will be about 25 million tons per annum by the mid-1970s. The Forties and Auk fields which are being developed will make the major contribution to this. It may reach three times this amount by the 1980s. I am unable to give estimates of cost at this stage.