• Short Summary

    AN AMERICAN RIG, CHARTERED BY THE WEST GERMAN NORTH SEA CONSORTIUM, HAS STRUCK NATURAL GAS ABOUT 9,600 FEET (3,000 METRES) BELOW THE SURFACE OF THE NORTH SEA AT A POINT ABOUT 34 MILES (55 KILOMETRES) NORTH OF THE FRIESIAN ISLAND OF JUIST.

  • Description

    AN AMERICAN RIG, CHARTERED BY THE WEST GERMAN NORTH SEA CONSORTIUM, HAS STRUCK NATURAL GAS ABOUT 9,600 FEET (3,000 METRES) BELOW THE SURFACE OF THE NORTH SEA AT A POINT ABOUT 34 MILES (55 KILOMETRES) NORTH OF THE FRIESIAN ISLAND OF JUIST.

    THOUGH THE COMPANIES CONCERNED SAY IT WILL BE A FEW DAYS AT LEAST BEFORE THEY CAN ESTABLISH WHETHER THE FIND IS BIG ENOUGH TO WARRANT COMMERCIAL EXPLOITATION, THE GERMAN STOCK MARKET REACTED IMMEDIATELY WITH SOME SHARES RISING AS MUCH AS EIGHT POINTS.

    TEN FUEL COMPANIES ARE IN THE CONSORTIUM WHICH STARTED THE OFF-SHORE BORING VENTURE ONLY A FEW WEEKS AGO. THE FIND WAS MADE IN A GEOLOGICAL FORMATION CLOSER TO THE SURFACE THAN HAD ORIGINALLY BEEN EXPECTED. THE CONSORTIUM PLANS TO BORE AS DEEP AS 14,000 FEET (4,500 METRES) INTO A FORMATION WHICH HAS YIELDED GAS IN THE NETHERLANDS.

    WHEN THE DRILL HIT THE RESERVOIR EARLY ON TUESDAY THE NATURAL GAS ESCAPED WITH SUCH PRESSURE THAT IT SHOT UP ABOUT 150 FEET (50 METRE) ABOVE SEA LEVEL.

    GAS LATER ALSO REACHED THE SURFACE FROM TWO OTHER HOLES ABOUT 250 YARDS (250 METRES) FROM THE DRILLING PLATFORM, EXPERTS BELIEVED THIS GAS WAS ESCAPING FROM SOMEWHERE ALONG THE MAIN DRILL SHAFT.

    WHEN OUR CAMERAMAN FLEW OVER THE SITE OF THE FINE TODAY (THURSDAY) TURBULENCE IN THE WATER SHOWED WHERE THE GAS WAS ESCAPING. EFFORTS ARE BEING MADE NOW TO STOP THE GAS ESCAPING BY FILLING THE BORE SHAFT WITH TONS OF HEAVY SPAR.

    EXPERTS HAVE BEEN FLOWN OUT TO THE RIG TO SEE IF THEY CAN DETERMINE THE SIZE OF THE RESERVOIR OF GAS AND EVALUATE IT AS A COMMERCIAL PROPOSITION.

  • Tags

  • Data

    Film ID:
    VLVA2MLD8WEJJ7IOWX9XLRNWKA0DQ
    Media URN:
    VLVA2MLD8WEJJ7IOWX9XLRNWKA0DQ
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    25/06/1964
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:03:00
    Time in/Out:
    /
    Canister:
    N/A

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