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OIL & GAS
 
Vol. VIII Issue. 44
UK Govt gives shale gas fracking green light

17 April 2012

April 17, 2012. The government backed the exploration of shale gas nearly one year after it temporarily banned the drilling method which triggered two earthquakes in Britain but that has also revolutionised the U.S. energy market. An expert report commissioned by the government said shale gas fracking, a process where pressurised water and chemicals are pumped underground to open shale rocks and release trapped gas, was safe to resume with tighter rules on seismic monitoring and drilling surveys. The energy ministry is inviting public comment on the report's findings, after which it will issue its final ruling on the future of UK shale gas exploration. The experts published their findings after reviewing a series of post-earthquake studies published by Cuadrilla Resources, a UK firm which was forced to halt its shale gas operations near Blackpool in northwest England after fracking triggered small earthquakes in May 2011.

      
 
 
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