A crane opertates behind barriers at Cuadrilla's Preston New Road fracking site near Blackpool. Reuters
A crane opertates behind barriers at Cuadrilla's Preston New Road fracking site near Blackpool. Reuters

Cuadrilla to start UK fracking operations in weeks



Shale gas developer Cuadrilla will start fracking at its Preston New Road site in northwest England in the next few weeks, it said on Wednesday, as it announced government approval for a second well.

Hydraulically fracturing, or fracking, involves extracting gas from rocks by breaking them up under high pressure with water and chemicals, and was halted in Britain seven years ago after causing earth tremors.

But the government is keen to cut its reliance on imports as North Sea supplies dry up, and after tightening regulation of the industry it gave consent in July for Cuadrilla to start fracking at a first well at Preston New Road.

Following approval for a second well at the site, Cuadrilla said on Wednesday it would begin work "in readiness to start hydraulically fracturing both wells in the next few weeks".

The British Geological Survey estimates shale gas resources in northern England alone could amount to 1,300 trillion cubic feet (tcf) of gas, 10 per cent of which could meet the country's demand for almost 40 years.

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Attempts to extract the gas are controversial, however, with local communities and environmentalists concerned about the potential effect on the environment and ground water, and arguing that extracting more fossil fuel is at odds with the country's commitment to reducing greenhouse gas emissions.

British energy minister Claire Perry said consent for the second well had been granted after the company had met a number of criteria, including showing it had the necessary funds to carry out work at the site until at least June 30, 2019.

Cuadrilla first attempted to frack gas near Blackpool in the north-west of England in 2011, but the practice led to an earth tremor registering 2.3 on the Richter scale.

The company said the quakes were caused by an unusual combination of geological features at the site, but they led to an 18-month nationwide ban on fracking while further research was carried out.

The government has since introduced a traffic-light system which immediately suspends work if any seismic activity of 0.5 or above on the Richter scale is detected, and has increased monitoring standards such as ground water checks.

Fracking consent was introduced in 2015 as an additional step to the government's regulatory regime and ensures environmental, health and safety permits have been obtained.

Company profile

Date started: Founded in May 2017 and operational since April 2018

Founders: co-founder and chief executive, Doaa Aref; Dr Rasha Rady, co-founder and chief operating officer.

Based: Cairo, Egypt

Sector: Health-tech

Size: 22 employees

Funding: Seed funding 

Investors: Flat6labs, 500 Falcons, three angel investors

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

Our Time Has Come
Alyssa Ayres, Oxford University Press