UK Shale Driller Cuadrilla Returns to Frack in Lancashire
LONDON, Feb 4 (Reuters) - Britain's shale gas-driller Cuadrilla Resources plans to hydraulically fracture up to eight wells at exploration sites in Lancashire, northwest England, to determine their full production potential.
Its statement is likely to spark opposition from environmental protesters who had hindered the firm's drilling plans in the village of Balcombe, south England.
Cuadrilla's latest exploration programe marks a return to its prize assets in the Bowland shale, a long belt of gas-bearing rock over one kilometre thick at its Fylde sites in Lancashire.
The company will first apply for permission to drill, hydralically fracture and test the flow of gas from up to four exploration wells each at Fylde's Roseacre Wood and Preston New Road, it said.
"This will allow us to reduce the potential impact on the local area during exploration while still gathering the important information we need to determine how much gas could be recovered," Chief Executive Francis Egan said in a statement.
The rocks of the Bowland shale area are estimated to hold around 1,300 trillion cubic feet of gas, a vast potential reserve that proponents say could lead Britain to energy independence, create jobs and cut bills.
Britain, Europe's largest gas consumer, hopes to follow the United States into energy independence by exploiting shale gas. Its gas imports have already surpassed falling domestic North Sea production, leaving it dependent on foreign suppliers.
View Full Article
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Oil CEOs Jostle for Global Natgas Crown Under Putin's Gaze (Oct 04)
- Uganda Expects to Miss Target for First Oil (Sep 24)
- Total Joins Tullow-operated Block Offshore Guyana (Sep 13)
Company: Dart Energy Limited more info
- NuEnergy Provides Update on Resource Estimates of Indonesian CBM Assets (Nov 30)
- NuEnergy Completes Acquisition of Dart Energy (Indonesia) Holdings (Nov 23)
- NuEnergy Gas Acquires Dart Indonesia's CBM Assets in Sumatra, Kalimantan (May 21)
Company: IGas Energy more info
- Drilling and Completion Tick Up in the UK (Sep 21)
- British Shale Gas Gets Boost From Court Ruling On Permit (Dec 20)
- Green Energy Firm Fights UK Fracking Plans (Dec 09)