Tag Archives: Five-Quarter

Underground Coal Gasification Collapse Shows Fragility Of Fracking

  • Newcastle based UCG company collapses
  • Despite £1 billion in loan guarantees
  • Could not find backers after 8 years
  • Big victory for communities UK-wide
  • Made UCG brand as toxic as its reality
  • Rebrand as “deep gas winning” failed
  • Licences will be picked up by others
  • But sets precedent, industry can be beaten
  • Shows fragility of fracking industry
  • Shale industry in US also in chaos
  • Fracking can be starved of investment
  • Community resistance key to success
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Wells, Wells And More Fracking Wells

  • Fracking requires large numbers of wells
  • Conventional well can drain large area
  • For impermeable rock many wells required
  • Often 8 wells per square mile or more
  • Tens of thousands drilled in US already
  • Largest onshore gas field in UK was 8 wells
  • Fracking companies play down the scale
  • What they say to investors most accurate
  • Well numbers can be estimated from reserves
  • Adds up to tens of thousands of wells across UK
  • Plus pads, pipelines, compressor stations etc.
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