One of the backers of plans for long-term production in the Lincolnshire Wolds has said the carbon intensity of oil from the site would be below the UK onshore average.
Union Jack Oil said oil production from Biscathorpe would release an estimated 3.06 grams of CO2 per megajoule of energy created. But this figure could be reduced further to just 1.49 gCO2eq./MJ, Union Jack said.
The Biscathorpe project was criticised last week by the local MP and junior minister, Victoria Atkins, who called on Lincolnshire County Council to refuse a planning application by Egdon Resources.
“As the UK strives to achieve net zero by 2050 and in the year that we host the COP26 summit, we must be cautious to ensure that we do not allow an application to go ahead which will do long term damage to the Lincolnshire Wolds, its natural environment and our local communities.”
The Bishop of Grimsby, academics and business leaders said extracting new sources of oil in Lincolnshire was “utterly incompatible with keeping within the internationally agreed goal of limiting global overheating to 1.5 degrees”.
A petition signed by more than 1,000 people said the proposed development was not sustainable development and should be refused.
In a statement to investors today, Union Jack, which has a 45% interest in the Biscathorpe project, said its focus was:
“to minimise emissions and the carbon footprint generated by its hydrocarbon developments in the most efficient way possible , whilst continuing to contribute positively to the growing demand for energy and hydrocarbon products in the supply chain.”
Union jack said hydrocarbons would continue to play an ongoing part in ensuring the energy security of the UK. It said “locally-produced hydrocarbons may provide the benefit of displacing, to some extent, imported hydrocarbons”.
The carbon intensity for Biscathorpe was estimated by the energy consultancy Gaffney, Cline & Associates Limited. It rated Biscathorpe as AA for energy intensity.
David Bramhill, Executive Chairman of Union Jack, said: “
“This study is an excellent overview of the green credentials for any potential future development decision at Biscathorpe. The AA rating achieved indicates the efforts made by the Operator, Egdon, to ensure that projects under its stewardship comply with best practice.”
The Union Jack statement did not give details of the average carbon intensity for UK onshore oil or link to the GaffneyCline report.
The Climate Change Committee had no information on UK onshore oil’s carbon intensity in its 2016 report on UK onshore petroleum.
The Oil & Gas Authority reported last year that the average emission intensity for the UK fields in the North Sea was 22 kgCO2e/boe ( a different measure from GaffneyCline. But the OGA had no details of the average carbon intensity for onshore oil.A study by GaffneyCline for Rathlin Energy’s West Newton sites came to similar conclusions.