The life lessons experienced from BP’s mistake faces a small revival in Westby-with-Plumpton of Lancashire, England where a drilling company known as Cuadrilla Resources are retracing their steps to figure out the solution to a series of earthquakes that sprang up out of the blue during one of their hydraulic fracturing operations seven years ago. Shale exploration is the new Sunday expedition. It was decided that way by the central government of Prime Minister Theresa May when they took a good look at the decaying oil and gas fields in the North Sea (The New York Times, 10/12/2018, Britain Gives Fracking Another Try, B1-B7). Studies show Britain is loaded with reliable and fairly profitable shale resources beneath 10 percent of 200 trillion cubic feet just in Lancashire’s license area and only through drilling can we find out who knows how much that can fetch a pretty penny, if not two a penny, is buried underneath tons of mica and flint. Chief Cuadrillo executive Francis Egan called that area. Still, each strike of a well could cost as much as $30 million in revenue for as long as it lasts.
The majority of Europe outsources its green power from Russia and Middle Eastern countries but it won't be able to continue splitting the green with Britain much longer as fossil fuel eventually comes in short supply and Poland and Romania need it the most. Britain will have to start looking for a new energy source (The New York Times, 10/12/2018, Britain Gives Fracking Another Try, B1-B7). The good news was that was where Cuadrilla Resources came in; the bad news was that was where Cuadrilla Resources came in. Last time they were on the job, the British Geological Survey detailed a group of small earthquakes possibly caused by various gushes of water, sand, and chemicals into the
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| Preston New Road where Cuadrilla has stationed its well |
Cuadrilla has set a chain of seismic monitoring equipment about three miles beyond the digging site. The equipment allows them to pick up the first signs of disturbances in the ground and should the Richter scale pick up so much as a single vibration, they’d halt the whole show and take eight until things ease up and they can pick back up from where they left off (The New York Times,
10/12/2018, Britain Gives Fracking Another Try, B1-B7). Charles F. Richter would've been proud of the whole concept. Egan isn’t the kind of person to let a few tremors stop him from seeing the Bow-land basin, the name of the many known reserves of shale gas in the Northern and Southern parts of England estimated to hold 200 trillion cubic feet of natural gas. It could take up to three months, whereas the same process could be done within days in the United States, but contractors from Sch-lumberger thought it would be worth it, especially if it would push the cost down to $15 million or fewer per well struck. Live and learn. Artem Abramov of Rystad Energy says shale drilling could account for half of gas production in Britain by 2040 (The New York Times, 10/12/2018, Britain Gives Fracking Another Try, B1-B7).
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| One of the protest camps near Cuadrilla's Little Plumpton station |
Egan has expressed high hopes for the project, protesters thought his hopes were little too high. A survey conducted by YouGov clearly showed that according to 42 respondents (It really would've been 45, except the other three protesters were sent up the river in Preston earlier in September for blockading a site and climbing on top of trucks) as far up the deep end of the pool outsourcing has helped Britain’s emissions get past in the last few months, everything drilling companies touch turns to garbage and that's likely to stir things up harder than an earthquake as if it really is nothing a little seismic-monitoring equipment won't solve (The New York Times, 10/12/2018, Britain Gives Fracking Another Try, B1-B7). A groundskeeper named John Norcross ![]() |
| Protest at Preston New Road site |
The British company is treating the circumstance as if it is to be believed that shale gas could be a potential equivalent of Hope Diamond, even if based on Lancashire's experience there would happen to be plenty of spear-headers all over Europe who like their green power like their little Rolex watches--precious-looking and good for the taking, only to become less precious as time passes and John Williams of the Poyry Management Consulting firm in Oxford that has sold economical details of shale gas to clients doubts sincerely it’s what the investors have signed up for.



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