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Millions of pounds in business rates to be handed to councils in England which green-light shale gas projects

UK Prime Minister David Cameron has announced that local government councils can keep 100% of business rates they collect from shale gas sites – double the current 50%. The commitment could be worth up to £1.7 million a year for a typical site. It will be directly funded by central government. Community benefits for local…

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Anti-fracking campaigners gearing up for a showdown with shale gas explorers in Western Australia’s Kimberley region ahead of public hearings

Environment groups and pastoralists have called for a ban on hydraulic fracturing, or “fracking”, in the Canning Basin, in the Kimberley region in the north west of Australia and one of the world’s largest onshore shale gas reserves, according to a news agency report. The industry is meanwhile explaining that the fracking process is well-regulated…

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Drilling services Co SPT Energy sees tripling in revenue from China’s shale gas projects in 3 years

SPT Energy, a Beijing-based Hong-Kong listed provider of oil and gas drilling services, expects the percentage contribution from shale gas projects to its revenues to triple in three years, as the development of nascent energy resource becomes more mature. Chairman Wang Guoqiangy said revenues from the drilling of shale gas would make up more than…

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EL 470 Exploration Drilling Program

Canada’s National Energy Board has issued an exploration license to ConocoPhillips for an exploratory drilling programme. The license is the first granting permission for the use of hydraulic fracturing in the Canadian Arctic. It has been granted for ConnocoPhillips’ proposed five year exploratory programme.

Location
Tulita, Northwest Territories, Canada
Company
ConocoPhillips
https://www.google.com/maps/preview#!q=64.900278%2C-125.5775&data=!1m4!1m3!1d1893!2d-125.5775!3d64.900278!4m14!2m13!1m12!3m8!1m3!1d13540!2d-125.5775!3d64.900278!3m2!1i1024!2i768!4f13.1!4m2!3d64.900278
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Kresic Unit 3H

One of Range Resources most successful wells with 5,727 24-hr IP (Boe/d), lateral length of 5,085 feet, 26 frac stages with a production mix of 15% oil, 48% NGLs and 37% gas.

Location
Washington County, Pennsylvania, US
Company
Range Resources Corp
Contractor
Range Resources Appalachia LLC
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