Horizontal drilling comes to the UK, but fracking must wait
Pioneering driller Cuadrilla is optimistic over shale gas well prospects
Cuadrilla Resources says it has moved closer towards launching the UK's first major fracking project by drilling the country's first ever horizontal shale gas well at its Preston New Road site in Lancashire, north-west England. The company hasn't been cleared to carry out hydraulic fracturing, which has been halted in the UK since earth tremors were recorded during tests at another Cuadrilla site in 2011. However, the company is optimistic that it will be cleared to frack in the near future, both in this well and another it plans to drill now. The company, which says it has permission to drill four wells in all on the site, has drilled its first horizontal well through the Lower Bowland sh
Also in this section
29 April 2026
The UAE’s exit from the alliance marks a decisive step towards a world in which oil markets are shaped less by collective management and more by national strategy
29 April 2026
Trafigura’s $1b prepayment agreement confirms African resource holders’ renewed interest in oil-backed financing deals as they look to capitalise on high oil prices
29 April 2026
The UAE’s departure from the oil producers’ group was a surprise to many, but the move can be traced back to a single point five years ago
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations






