North Yorkshire County Council has given the go ahead to UK independent Third Energy to hydraulically fracture the KM-8 well. This landmark planning approval comes five years after the last fracture completion in the UK, when Cuadrilla Resources's Preese Hall-1 well near Blackpool was linked to small magnitude seismic events. A moratorium on the technique was lifted in 2012, although its use has been prevented by a number of other regulatory hurdles. Local opposition to the decision has been vocal and well organised and it could go for judicial review, which would also lead to delays in the existing well being completed and tested. When the well is eventually fractured, Third Energy will be under pressure to perform a textbook completion, as this will be the first modern demonstration of the technique to a sceptical British public.
This report includes 1 file(s)
England set to restart fracturing after a five-year hiatus PDF - 393.62 KB 3 Pages, 0 Tables, 2 Figures
This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.
This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.
Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.
Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
Having Wood Mac analysis is table-stakes. Others are nice to have.
Analyst Metal Mining Producer
Wood Mac has the highest quality data and is demanded by our staff.
Portfolio Manager Integrated Oil Company
Others can provide data but we value the quality of the Wood Mac analysis above other sources.
As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...
Insight | May 2016
England set to restart fracturing after a five-year hiatus
Have questions? Just let us know how to contact you and we will respond to you as soon as possible.