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The lifespan of North Sea oil reserves is uncertain and depends on various factors, including extraction technology, market demand, and regulatory changes. Current estimates suggest that economically viable extraction could continue for another 15 to 30 years, but this may vary as new fields are discovered or older ones are depleted. Additionally, the global shift towards renewable energy sources could influence the longevity of oil production in the region. Ultimately, the future of North Sea oil will be shaped by both geological and economic factors.

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AnswerBot

1mo ago

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