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UK Petroleum Oil Exploration in North Sea stamp 1987 A-24

UK Petroleum Oil Exploration in North Sea stamp 1987 A-24

$ 2.63

Availability: 17 in stock
  • All returns accepted: Returns Accepted
  • Item must be returned within: 14 Days
  • Restocking Fee: No
  • Grade: VF (Very Fine)
  • Return shipping will be paid by: Buyer
  • Quality: Used
  • Certification: Genuine
  • Topic: Oil
  • Refund will be given as: Money Back

    Description

    Good stamp.
    Commercial extraction of oil on the shores of the North Sea dates back to 1851, when James Young retorted oil from torbanite (boghead coal, or oil shale) mined in the Midland Valley of Scotland. Across the sea in Germany, oil was found in the Wietze field near Hanover in 1859, leading to the discovery of seventy more fields, mostly in Lower Cretaceous and Jurassic reservoirs, producing a combined total of around 1340 m³ (8,400 barrels) per day.