Chemical giant
Ineos claims the gas field in Nottinghamshire is the richest in UK history
THERESA
MAY is today urged to back the fracking revolution as new tests signal the East
Midlands is sitting on “30-years’ worth of gas”.
Ineos,
Britain’s biggest private company, claims drilling results from its field in
Nottinghamshire suggest “US levels” of shale gas under the soil.
Tests
found an average level of 60.7 standard cubic feet per tonne of gas – compared
with an average 39 (scf) at a vast shale field in Texas.
Ineos
Shale chief operating officer Tom Pickering claimed it was the most significant
drilling result so far in the short history of Britain’s shale industry.
He
told The Sun: “It’s obviously early days but these are the highest readings in
the UK we have ever seen.”
Geologists
believe there could be 436 trillion cubic feet of gas in this part of the
Bowland Basin. This test is consistent with that.
“With
a recovery rate of 20 per cent that’s equivalent to 30 years’ worth of gas for
the country. We believe this really is something to shout about.”
Ineos
is now urging the Government to get fully behind fracking revolution by
speeding up the planning process. It took two years to get the green light to
drill a test well at its Tinker Lane sight in Nottinghamshire – when it hoped
to begin within 13 weeks.
And
it wants Ministers to honour a commitment to review strict rules that force
firms to suspend fracking when earth tremors hit 0.5 on the Richter scale –
equivalent to a kid bouncing a football.
Rival
fracker Cuadrilla lost a planning appeal to drill in Fylde Lancashire after
Communities Secretary James Brokenshire raised concerns over traffic
congestion. The Government has also yet to announce whether it will remove the
need for planning permission to drill exploratory shale wells like the one
Ineos has just completed.
Mr
Pickering said: “The industry is committed to the safe development of fracking.
But now is the time for Ministers to really get behind it.”
The post Theresa May Urged To Back UK Shale Revolution As Company Discovers Huge Shale Gas Field In East Midlands appeared first on The Global Warming Policy Forum (GWPF).
via The Global Warming Policy Forum (GWPF)
February 15, 2019 at 06:32AM
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