Blackpool Shale Deposit 50% Greater than Previously Thought
The shale deposit under Blackpool in northern England is 50-percent greater than previously thought, according to weekend reports in the UK press.
The Times newspaper reported Friday night that the British Geological Survey has concluded that the approximately 380 square miles covered by the Bowland Basin to the east of Blackpool contains some 300 trillion cubic feet of gas. A previous estimate, made in September 2011 by Cuadrilla Resources, suggested there could be 200 trillion cubic feet of shale gas in the area.
A spokesman for the British Geological Survey confirmed to Rigzone Monday that a report on shale gas resources had been prepared by the organization for the UK’s Department of Energy and Climate Change, but that the contents would not be revealed until DECC publishes them in the New Year.
That is quite a bit of gas!