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Tag: shale
Britain Proposes Easier Access to Tap Shale Rock Energy
2014-05-24 21:05:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: While most western European governments are opposed to developing oil and gas from shale rock through hydraulic fracturing, the British government continues to plug away at the obstacles inhibiting the countrys fledgling shale industry. The government on Friday proposed giving companies the right to drill laterally under land without seeking the consent of each landowner as long as the wells were at least 300 meters, or about 985 feet, deep. It also endorsed industry proposals that operators make...
Tags: access
rock
energy
britain
UKs South England holds billions of barrels of shale oil
2014-05-24 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Shale rock underneath some of the wealthiest counties in southern England may contain billions of barrels of oil, a government report said. The Weald basin, covering counties south of London including Surrey, Sussex and Kent, may have oil in place of as much as 8.6 billion barrels, according to a report published today by the British Geological Survey. It didnt say how much could be extracted profitably. The U.K.s current extractable oil reserves are 3.1 billion barrels, data by BP Plc (BP/)...
No shale gas potential in Weald basin, concludes British Geological Survey
2014-05-23 15:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Government hopes that Britain can emulate the US with a shale gas revolution have been undermined with a long-awaited report unexpectedly concluding there is no potential in the Weald region of southern England. Michael Fallon, the energy minister, insisted he was neither "disappointed nor happy" at the findings from the British Geological Survey (BGS) and denied the government had "hyped" UK potential. He preferred to focus on more positive BGS findings that there could be 4.4bn barrels of...
Tags: potential
survey
british
gas
ExxonMobil discovers oil and gas in Argentina shale well; expands presence in Permian shale in US
2014-05-22 20:30:41| Green Car Congress
New UK shale report to be published
2014-05-22 19:54:55| BBC News | Business | UK Edition
The BBC understands the government will on Friday publish a report on oil deposits in shale rocks in an area of southern England, raising more fracking concerns.
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