Not according to Rathlin Energy. The Yorkshire Post headline 'Site of third gas well in East Yorkshire....' but reading into the story the big question; 'Is the Bowland Shale all its fracked up to be?'
'Rathlin, which says it has spent £5m in the past year exploring the two sites, has suspended - but not abandoned - the well at West Newton. ...
Dismissing protestors’ talk of “well failure”, (Rathlin) said they could re-visit the well - but would not be re-entering the Bowland Shale: “We have completed the testing programme that we feel we needed to do and on the basis of that we have suspended the well and notified the regulator DECC.
“We have isolated the bottom section of the well including the Bowland Shale and whatever we do in the future we will not be going back into the Bowland Shale.”
That is some statement. Either - they didn't like what they found, it is unviable or they are selling out? Who knows?
On the third test well Rathlin state "The next well, West Newton B, which will be on land owned by Norman Caley Ltd, at Crooks Lane, will cost “several million pounds.”
It will be testing only the conventional Permian reservoirs at a depth of around 2,000m and will not be drilled any further." Source: http://www.yorkshirepost.co.uk/news/main-topics/general-news/site-of-thi...
Here is what Rathlin Energy website said prior to yesterdays public meeting: "The West Newton site had been plugged and cemented below the Permian targets. This concludes our interest in any deeper levels of the wellbore, including the Namurian sandstone and Bowland Shale."
Another point of interest; 'The company, a subsidiary of Canadian Connaught Oil & Gas' who state "In 2008, the Department of Energy and Climate Change (“DECC”) awarded Rathlin Energy (UK) Limited, Connaught’s wholly owned subsidiary, an onshore licence to search for oil and gas north of the River Humber. This area of east Yorkshire is crossed by pipelines carrying gas from the North Sea and Europe to fuel the energy needs of the population and industry locally and beyond in England and Wales. Gas is also stored underground for the UK market at Aldbrough and near Hornsea." source: http://www.cogl.ca/
Google Easington Gas Terminals (up to 30% of the UK's gas and oil lands here)
Anyhow as I learned yesterday at a EU Policy Forum, there are three versions of the TTIP (transatlantic trade investment partnership), TTIP is an America/US trade partnership the other two are CETA - Canada, and CSR -world trade partnership. Whilst the EU/TTIP remains confidential due to 'sensitive' information the Canadian version, (based along the same themes) does not. Within the Canadian treaty CETA there is a negative list but also there is the ISDS (Investor State Dispute Settlement) this is the bit where large corporations can sue Govts. Apparently, ISDS was set up in the 1950's using a system of three arbitrators/lawyers. At yesterdays 'Policy forum' I did intend to ask about Gabriel Resources suing the Romanian Govt. (ya know the 'spiritual twin' see here: http://www.gabrielresources.com/site/index.aspx) alas time for Q & A's ran out very fast. ;-) https://www.youtube.com/watch?v=oTLJjoW867g#t=157
Needless to say this needs to be followed up. Jude Kirton-Darling is the Labour MEP for North East England and sits on the European Committee for Industry, Research & Energy. Jude is part of the TTIP/EU working group. and receives about 5000 emails a month since the TTIP became 'public knowledge' so please don't all shout at once.
A full report on the EU Policy Forum will be coming up next, subject to distractions.