Lancashire shale gas surfaces as UK LNG imports peak

Posted: November 2, 2018 by oldbrew in Energy, fracking, News, Shale gas
Tags: , ,

Shale gas drilling site [image credit: BBC]


Finding our own gas instead of paying for costly imports should be a no-brainer, but some people seem to be too squeamish, or too ideologically obsessed, to accept such realities.

In the week that saw three tankers of Liquefied Natural Gas (LNG) arrive into the UK on the same day, Cuadrilla has announced that is has succeeded in flowing gas to the surface from the first of two horizontal wells to be hydraulically fractured (fracked) at its Preston New Road site in Little Plumpton, reports Lancashire for Shale.

“This is fantastic news, and a real credit to the expertise and tenacity of Cuadrilla and its partners, proving that it is possible to safely recover gas from the rich shale deposits beneath our feet,” said Lee Petts, Chair at Lancashire For Shale.

“Earlier this week, we saw three LNG cargoes land into the UK on the same day, two of which were fracked shale gas from the United States. There is no justification for remaining so reliant on imports of costlier, less secure and higher emission LNG from abroad when we are sitting on a vast untapped source of our own gas here in Lancashire.

“The news that Cuadrilla has been able to produce gas to the surface sets the scene for the future development of a successful new industry, and will be welcomed by the business community for the benefits it will bring to the local economy.”

Between 2011, when fracking to release gas trapped in shale rock was last performed in the county, and 2017, the UK imported over 1 million gigawatt hours (GWh) of LNG or 3,430,929,186 MMBtu. At an average of £5.39 per MMBtu those imports will have cost almost £18.5 billion over seven years.

Full report here.

Comments
  1. cognog2 says:

    Now that is GOOD news. Destined to be suppressed by the BBC. meanwhile the Greenblob will be happy that they have denied the U.K. economy of potentially £18 billion over 7 years.

  2. saighdear says:

    Yoh! well the beeb did akwik mention, er, or wassit the other late night news channel – was heading off to bed …. gave a very brief mention of it anda Fot showed some black smoke emanating from a tower….. Finally a breaxit from greeny ideals, indeed. Thankyou Quadrilla – you been changing your name recently? thocht it was with a Q an’ no a C ??

  3. oldbrew says:

    The BBC focussed on a political story instead:

    Government urged to ditch ‘bonkers’ fracking plan
    By Jessica Parker
    BBC News political reporter
    2 November 2018

    https://www.bbc.co.uk/news/uk-politics-46071985

    This is the idea that Britain finding its own gas is of national importance. Fracking haters think that’s ‘bonkers’, it seems.

    So how is paying more to import it from Russia, the US or anywhere else a better idea?

  4. oldbrew says:

    The gas (and oil) is out there…in the US at least.

    TA-DA! AMERICA’S SHALE BOOM HAS JUST CREATED A NEW MEXICO
    Date: 03/11/18 Bloomberg

    U.S. oil and gas production keeps defying expectations, including a nation-sized surge this year. And energy analysts expect production from America’s top five shale oil regions to more than double by 2025.

    The contrast between the success of the U.S. oil and gas industry and unpopularity in the stock market grows ever starker.

    The Energy Information Administration released revised monthly figures for U.S. oil production on Thursday. The headline is that production is up — way, way up. It reached 11.35 million barrels a day in August, fully 2.1 million barrels a day higher than a year before. That’s almost like adding a whole new Mexico in the space of 12 months.

    https://www.thegwpf.com/ta-da-americas-shale-boom-has-just-created-a-new-mexico/

    Pennsylvania and Texas led the shale gas charge between 2011 and 2016, as US output doubled and more.
    https://www.eia.gov/dnav/ng/ng_prod_shalegas_s1_a.htm

    But there are still questions over finance.
    https://oilprice.com/Energy/Energy-General/US-Shale-Has-A-Glaring-Problem.html

  5. oldbrew says:

    One reason why we need to find more UK gas…

    Alternatively…

    Russia’s Gazprom to add gas exports to Austria of 1 bln cubic meters per year
    Source: Xinhua | 2018-11-05
    http://www.xinhuanet.com/english/2018-11/05/c_137584344.htm

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