Surprise as UK shale gas resources more abundant than first realised

Surprise as UK shale gas resources more abundant than first realised

Posted by on Jul 9, 2013 in BUSINESS | 0 comments

With anxiety of future energy supplies persisting in the UK, a recent discovery has helped to make the energy sector, as well as the government, feel like celebrating. In large parts of northern England, the practice of ‘fracking’- the extraction of shale gas – has become more common in recent years, but it seems that shale gas reserves are larger than first thought.

According to a report for the government undertaken by the British Geological Survey, they believe that as much as 1,300 trillion cubic feet of shale gas is lying untapped underground in northern England, around twice as much as first anticipated. The figure is the potential amount of gas underneath, though not all of it might be extractable, but the government were quick to laud the news.

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