Related Articles
Forward article link
Share PDF with colleagues

Australia rejoins road to shale riches

Shale gas developers are beginning to ramp up their exploration efforts following the end of a freeze on fracking approvals in the Northern Territory

Australia’s shale gas sector is showing its first true signs of activity since the Northern Territory (NT) decided to lift its two-year moratorium on hydraulic fracturing in 2018. The Darwin government’s ban on fracking, introduced in 2016, derailed Santos and Origin Energy’s exploration plans, with both companies having only drilled a handful of wells up to that point. The decision, prompted by growing environmental opposition to fracking, froze development on the federal territory’s estimated 500tn ft³ shale gas resource. The NT lifted its ban after a 15-month independent scientific inquiry reported in March 2018 that the risks surrounding fracking could be mitigated if its 135 recommend

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Letter from Canada: Keystone XL’s demise a fiasco and opportunity
26 January 2021
The Canadian oilsands industry should now be clear where it stands and plan accordingly
Russia benefits from standing its ground in oil price grey zone
25 January 2021
Saudi sacrifice shows greater appetite for compromise in a price environment that is not win-win for the two Opec+ heavyweights
Oman runs hard to stand still
25 January 2021
The sultanate’s long-term oil ambitions are modest, but the urgent appetite for fresh gas supply remains
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video