It should be good news for the Scottish economy. A discovery larger than the old Forties field, more valuable than the new Clair field west of Shetland – and more accessible than both.
But somehow it isn’t good news – because the discovery involves underground coal gasification (UCG) not “simple” oil extraction, the proposed new field is under the Forth Estuary, not in the remote North Sea, and because UCG, like oil, prolongs dependence on fossil fuels instead of speeding transition to renewables. So Green Scots should reject it? Maybe – but maybe alternative views should be given serious airtime first.