Category: Preston New Road
Yesterday Cuadrilla’s parent, AJ Lucas announced that it had “approved the acquisition, effective immediately, of Riverstone’s interest in the UK shale gas explorer, Cuadrilla Resources.” What does this mean? Well Riverstone had owned 45% of Cuadrilla and had invested $US 58 Million in 2010 for equity in Cuadrilla Resources Holding...
A couple of weeks ago we commented on Mr Egan’s claim that reports of damage were in the “low two figures”. It was a strange claim given that we have heard from a variety of sources that there were over 100. So what are we to make of the publication...
Here on Refracktion we are always happy to explore points of view. Local author Alan Tootill has been a commentator on fracking for many years and his in depth analysis has been immensely helpful to many of us over the years. Here he offers his thoughts on recent events. Reaction...
As the dust starts to settle on the announcement of the government’s decision to implement a moratorium on new fracking development we take a look at what it means and how it came about. First of all let’s be clear about one thing. Fracking in England has not been banned....
The papers today are running a story about Cuadrilla’s good will payments made to home owners who reported damage after the 2.9 Ml quake of Monday August 26th 2019. This article in the Times is typical so we shall comment on a few of the points it raises. A fracking...
.. and she is already singing. Today Cuadrilla announced that they are demobilising the fracking equipment at their site at Preston New Road as they will not be able to restart fracking before their existing planning permission runs out at the end of November 2019. Before they can frack again...
It is no news to anybody now that Cuadrilla appear to have lost control of the seismic activity at their PNR 2 well at Preston New Road. We have now seen 128 seismic events registered by the BGS. Of these 9 have been amber level events and 9 have been...
Yesterday UKOOG (The UK Onshore Operators’ Group) released a new report called “Updated shale gas production scenarios“. A scenario is literally “that which is pinned to the scenery” and it looks to us as though the scenery here is pretty shoddy. First of all let’s be clear about what the...
So this week has been quite eventful after the deceptive peace of January, where all we could see happening was a bit of patio gas helping the “flaring” at Preston New Road. The week began with a blustering threat from Ineos to the government in which multi-billionaire man-child, Jim Ratcliffe...
Today’s saw the publication of the results of the BEIS Wave 27 quarterly opinion tracker. Some of you will remember that after a consultation in which respondents told the BEIS that the questions relating to shale gas were very important, the department immediately removed the questions from the next poll...