A report by the British Geological Survey (BGS) has found there are an estimated 4.4 billion barrels of shale oil in vast parts of southern England.
The study of the Weald Basin, which stretches from Wiltshire to Kent, found there could be 2.2-8.5 billion barrels of shale oil. The BGS stressed that these numbers are for resources and not reserves. Shale oil exploration in the US has only been able to access up to 10% of the total oil.
By comparison to the Weald Basin figures, around 40 billion barrels of oil have already been extracted from the North Sea. The study also found there is unlikely to be any shale gas potential in the area.
More top news
Today's rain will clear into the North Sea tonight, but winds will stay strong, with showers feeding in to the north and west.
EastEnders fans could be seeing double after the show’s bosses announced they are looking for a new actor to take over the role.
Dozens of flood alerts have been issued for swathes of the country as heavy downpours and severe gales are expected.