Rattray could hold the last great North Sea oil reserves
Vulcanism was supposed to have scuppered the oil potential of a large area of the central North Sea, but academics say it may be worth another look
North Sea operators have been urged to look again at old assumptions, after fresh analysis of historic seismic data revealed a swathe of the basin may yet hold hydrocarbon reserves. The Rattray volcanic province in the central North Sea remains largely unexplored, despite being located in one of the world's most prolific-though now mature-regions for oil and gas production. Drillers have given Rattray a wide berth in the past, because it was believed that basalt lava flows erupting within an area of 7,000 km2 (2,700 sq miles) from volcanoes active 165mn years ago had formed magma chambers. These would have prevented the existence of large oil and gas deposits today, the geological argument r
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.






