Categories:Energy,UK

Fracking on with shale gas

There has been good news for the shale gas industry recently. Last week, the long-awaited British Geological Survey report into the potential volume of shale gas in the Bowland Shale basin was published. This estimates that there is likely to be around 1,300 trillion cubic feet of shale gas in the ground underneath 11 counties in the north of England, more than double what was previously thought. Not all of this will be recoverable, but the report gives investors, operators and regulators an indication of where to target future exploratory drilling. Several companies have already shown an interest and this report should make it more attractive to the industry.

Hydraulic fracturing (fracking) is not always attractive to the communities nearby and so the industry trade body has published a charter setting out its commitments for how it will engage with the communities that host a fracking well…

If you are registered and logged in to the site, click on the link below to read the rest of the Walker Morris briefing. If not, please register or sign in with your details below.

Briefings from Walker Morris

View more briefings from Walker Morris

Analysis from The Lawyer

View more analysis from The Lawyer

Overview

Kings Court
12 King Street
Leeds
LS1 2HL
UK
http://www.walkermorris.co.uk

Turnover (£m): 42.00
No. of Lawyers: 181