Give us a fracking break!

[DJRC]

Surely they mothballed the thing because regs and standards require that as soon as you have any kind of damage to such an exploratory well you shut it down? It's operating to as near as damn it Safety Critical criteria I presume, risk class 1 etc given the potential hoohaa.

[Scuffers]

DJRC said:

Surely they mothballed the thing because regs and standards require that as soon as you have any kind of damage to such an exploratory well you shut it down? It's operating to as near as damn it Safety Critical criteria I presume, risk class 1 etc given the potential hoohaa.

that's making a big stretch....

let's not forget it was an exploratory drilling in the first place...

[speedy_thrills]

I'm slightly surprised at the enthusiasm to fund fracking given current (and future) prices of energy. What is the break-even price on these projects in a country with a high population density and strict environmental standards?

[HD Adam]

speedy_thrills said:

I'm slightly surprised at the enthusiasm to fund fracking given current (and future) prices of energy. What is the break-even price on these projects in a country with a high population density and strict environmental standards?

Break even for US Shale is $65/bbl

West Texas Intermediate is $42 today

[Blib]

Apparently, fracking technology is advancing at breakneck pace. Costs are falling steeply.

[DJRC]

Scuffers said:

DJRC said:

Surely they mothballed the thing because regs and standards require that as soon as you have any kind of damage to such an exploratory well you shut it down? It's operating to as near as damn it Safety Critical criteria I presume, risk class 1 etc given the potential hoohaa.

that's making a big stretch....

let's not forget it was an exploratory drilling in the first place...

Not really Scuf, fairly standard in such circumstances in my world.

[Pooh]

DJRC said:

Not really Scuf, fairly standard in such circumstances in my world.

What is "your world"?

[speedy_thrills]

Blib said:

Apparently, fracking technology is advancing at breakneck pace. Costs are falling steeply.

So is the price of oil however.

[Pan Pan Pan]

speedy_thrills said:

Blib said:

Apparently, fracking technology is advancing at breakneck pace. Costs are falling steeply.

So is the price of oil however.

For now.... As the saying goes prices (and availability) can go up as well as down.
Only the short sighted base what they do on just what conditions are in place now.

[NicD]

speedy_thrills said:

Blib said:

Apparently, fracking technology is advancing at breakneck pace. Costs are falling steeply.

So is the price of oil however.

For the US right now, the two are directly connected. The cheaper fracking puts more oil on the market, even at these prices.

[rovermorris999]

The thing about fracking is that it is relatively quick, easy and cheap to start a well so production is quick to respond to market changes.

[Foppo]

Cheap and easy to start? That is what scares me most golddiggers moving in and causing god knows what damage to our envirioment.

[rovermorris999]

Foppo said:

Cheap and easy to start? That is what scares me most golddiggers moving in and causing god knows what damage to our envirioment.

Straight from the Green Bible. Yawn.

[Diderot]

Foppo said:

Cheap and easy to start? That is what scares me most golddiggers moving in and causing god knows what damage to our envirioment.

What 'damage' would that be exactly?

[Oakey]

Diderot said:

What 'damage' would that be exactly?

Gas from our water taps!

Secret chemicals in our aquifers!

Earthquakes!

devaluing our house prices

[GT03ROB]

Diderot said:

Foppo said:

Cheap and easy to start? That is what scares me most golddiggers moving in and causing god knows what damage to our envirioment.

What 'damage' would that be exactly?

Well you must read the papers.... you know like

Exxon Valdez...
Deepwater Horizon....
Torrey Canyon....
tapwater catching fire....
pollution..
more oil spills...
seabirds coated in oil...

I could go on, it's just big bad oil, profiteering on the back of the poor fluffy bunnies.....

[GT03ROB]

Oakey said:

Diderot said:

What 'damage' would that be exactly?

Gas from our water taps!

Secret chemicals in our aquifers!

Earthquakes!

devaluing our house prices

oh yeah forgot the earthquakes.... It'll probably create volcanoes as well as they drill into the earths core & let all the magma out.....

[Scuffers]

Oakey said:

Gas from our water taps!

total bullst

Oakey said:

Secret chemicals in our aquifers!

More bullst, only 'chemicals' used in the UK are:

Polyacrylamide (friction reducer )
Sodium salt (for tracing fracturing fluid)
Hydrochloric acid (diluted with water)
Glutaraldehyde biocide (used to cleanse water and remove bacteria)

Oakey said:

Earthquakes!

if done badly, then yes, it can bring forward the onset of earthquakes.

Oakey said:

devaluing our house prices

little englanders ahoy!

Edited by Scuffers on Saturday 22 August 09:38

[hidetheelephants]

The government task force on fracking reported back last month and reported that UK fracking would result in a net reduction in emissions and that it would be a good idea all round. No doubt this has been ignored or dismissed by the loons as government shills doing what they're told.

[FredClogs]

http://www.bbc.co.uk/news/uk-england-lancashire-34...

Looks like confirmation that central government will take ministerial control over the planning decision at little plumpton and roseacre...

Disappointing but expected from this bunch.