Showing posts with label New Brunswick. Show all posts
Showing posts with label New Brunswick. Show all posts

Sunday, October 23, 2011

US Govt decides Shale Gas Needs More Openness, Better Data

The Natural Gas Subcommittee for the US Energy Secretary has been tasked with "Improving the Safety & Environmental Performance of Hydraulic Fracturing" The Natural Gas Subcommittee's 90-day interim report is now available. Their 180-day final report is expected on November 18, 2011.

The subcommittee web site links to lots of interesting information, including a resources page with links to loads of useful information, transcripts of over 25000 public submissions (and, helpfully, a summary of the public comments!)

 The interim report is briefly reviewed by ScienceInsider:

The subcommittee to the secretary's Energy Advisory Board was not asked who should be regulating shale gas, Zoback says. Regulation now lies primarily with the states. But "we're pointing out what can and should be done." To regain public trust, the report says, much information about shale gas should become readily available to the public, starting with the chemical recipes for the fluids pumped at high pressure into shale to free up the gas. Those fluids sometimes spill onto the surface and into waterways. And much more information should be gathered on the environment before, during, and after drilling. The debate over whether and how drilling and fracking contaminate groundwater with gas—the infamous flaming water faucet of the documentary Gasland—would benefit especially. "We feel very strongly that having good data will advance a lot of the issues," Zoback says.

Some sort of national organization focused on shale gas should also be formed, the report says. It could create a national database of all public information as well as disseminate best practices to industry as they evolve. Added support for existing mechanisms that aid communication among state and federal regulators would also help.

"It's a remarkable report," says Philip Sharp, president of the think tank Resources for the Future in Washington, D.C. "It's a balanced, high-caliber group with public input. The report is remarkable in having honest, actionable proposals in it. What they say will get attention."

Sunday, July 3, 2011

NB Shale Gas Update

For those following the developments in relation to shale gas exploration in New Brunswick, several factors are worth noting.

1) More than $350 million in exploration funding for shale gas has poured into a tiny (population about 800,000) province with a relatively high unemployment rate (6.9 % in April), a concern about out-migration, a humongous hole in the provincial budget, and a provincial debt of approximately $10 billion.

2) The Quebec government just placed a moratorium on shale gas exploration, and the opposition Liberals, have called for a similar moratorium in NB. But there is little indication that the government is interested in a moratorium.

3) The New Brunswick Energy Commission recently recommended expanding unconventional gas development.

4) There has been substantial public opposition, organized in part by the NB Conservation Council (which produced this primer on the topic).

5) Much of the interest is the result of claims stemming from a Geological Survey of Canada estimate made several years ago that touted the amount of gas present in NB shale (67 trillion cubic feet, more than left in western Canada)

6) The New York Times has published a bunch of internal emails and oil industry documents showing that the gas may not be as easy and cheap to extract from shale formations deep underground as the companies are saying. On the whole, the documents suggest that shale gas may be a Ponzi scheme investment bubble -- where estimates of large amounts of gas are used to generate investment opportunities and more money is made flipping leases than by producing gas.

7) As a result of all this, natural gas reserve estimates are under attack in the US.

8) Comments from a local industry executive (SWN General Manager Tom Alexander) on the implications of the NY Times documents are here.

8) Apache, one of the bigger players in the province (and, perhaps significantly, a US company), recently announced it was withdrawing from NB following disappointing drilling results.

Interesting times .... indeed.