Latest News: 2nd November, 2011
Findings of report on seismic events published
Cuadrilla Resources, the British company exploring for natural shale gas in the Bowland Basin in Lancashire, has today released the findings of the report that was commissioned following unusual seismic activity near Poulton-le-Fylde in April and May 2011.
Cuadrilla announced in September a gas-in-place figure of more than 200 trillion cubic feet in all the shale in its license area in Lancashire. The creation of a shale gas industry in the UK, with the Lancashire site at its hub, offers a substantial growth opportunity providing a large economic benefit to the British economy. Economic development consultancy Regeneris has said that Cuadrilla’s operations alone could create up 5,600 high-pay high-skills jobs in the UK, of which 1,700 will be based in Lancashire. Experience from the United States where production of domestic shale gas has rapidly grown, shows that shale gas development has exerted significant downward pressure on domestic wholesale gas prices.
“The Geo-mechanical Study of Bowland Shale Seismicity” confirms that there is little risk of future seismic events reoccurring in the Bowland Basin but proposes a series of mitigation measures in case of any future seismic activity. This report which fulfils a commitment made by Cuadrilla to be fully open with the community about all findings, is the most comprehensive scientific study ever undertaken on the geology of the Bowland Basin.
Cuadrilla intends to seek a peer review of the report and commits to publishing that review.
The report concludes:
Using the findings, the report sets out an early detection system which Cuadrilla can use to monitor seismic activity and implement a series of steps to prevent the escalation of any future seismicity. Very similar systems are in place in the Netherlands and Germany. The purpose of this system is to ensure that any seismic activity trigged by the hydraulic fracturing process, however unlikely, can be managed to prevent any impact to people and property.
Mark Miller, Chief Executive of Cuadrilla Resources, commenting on the release of the report said:
“We unequivocally accept the findings of this independent report and are pleased that the report concludes that there is no threat to people or property in the local area from our operations.
We are ready to put in place the early detection system that has been proposed in the report so that we can provide additional confidence and security to the local community.
Cuadrilla is working with the relevant local and national authorities to implement the report’s recommendations so we may safely resume our operations.”
The report has been submitted to the Department of Energy and Climate Change (DECC) and the British Geological Survey (BGS), the latter acting in their capacity as advisers to DECC. The report’s authors and Cuadrilla are in regular contact with government officials to provide further clarification on various technical aspects of the report.
The report was commissioned by Cuadrilla Resources in consultation with the Department of Energy and Climate Change. The study was carried out by a European team of independent seismic experts, all leading authorities on the subject, directed by Dr Hans de Pater.