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ARTICLE · 02 APRIL 2013

Green Light For Fracking

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Fracking is in the headlines again, following the Government’s decision to give it the green light in December 2012 – this decision allows companies to begin exploring for shale gas.

United KingdomReal Estate and Construction
Maryam Collett
Maryam Collett
Carlos Pierce
Carlos Pierce

First appeared in Informer: Real Estate Newsletter - Spring 2013

Fracking is in the headlines again, following the Government's decision to give it the green light in December 2012 – this decision allows companies (albeit under increased regulatory scrutiny) to begin exploring for shale gas.  Below is a quick overview/update.

What is "fracking"?

Hydraulic fracturing, or "fracking," involves high pressure injection of fluid underground to release, and then extract, petroleum, shale gas or other substances embedded in source rocks.  With increasing pressure on energy resources, fracking has the potential to provide vast new supplies of fuel.  The process has been used for some time in oil and gas production, but only recently for shale gas in the UK at a site near Blackpool. There are now other proposed UK sites.

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