Regulation – a help or a hindrance to the UK shale industry?

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DESPITE significant public opposition in the UK to hydraulic fracturing (fracking) and shale gas development, there has been a upswing of activity and announcements in the first half of 2014.

In May, the British Geological Survey (BGS) released a report on the potential of the Weald basin shale. Weeks later, the government announced its proposal to change trespass laws to enable horizontal drilling for shale gas and oil to be carried out without threat of challenge from surface landowners. At the same time, the Department of Energy and Climate Change (DECC) is pushing ahead with the framework for the 14th onshore licensing round, which is expected to open significant acreage in the UK to shale gas exploration.

Originally published on Petroleum-Economist.com July/August 2014.

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Topics:  Energy Exploration, Fracking, Horizontal Wells, Licensing Rules, Mineral Exploration, Natural Gas, Oil & Gas, Proposed Regulation, Shale Gas, Trespass, UK, Well Drilling

Published In: Energy & Utilities Updates, Environmental Updates, Zoning, Planning & Land Use Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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