From Bloomberg News on Friday:
By Todd White
A venture including Texas shale explorer Heyco Energy Group won an extension of its permit to search for oil and gas in an area of northern Spain that the industry designated as one of the richest to be fracked.
The original 2006 permit ran out in August before the government ruled on whether drilling was compatible with environmental laws, according to a May 14 resolution that wasn’t published until today. The venture’s biggest partner is Shesa, an energy company of the Basque regional government.
Spain’s central government is trying to revive oil and gas drilling, and considering shale ventures that use hydraulic fracturing, or fracking, after a several-decade lull in exploration. It’s fighting in the Supreme Court to overturn bans on fracking imposed by several regional governments.
Officials at Heyco and Shesa weren’t immediately available for comment. The order, effective tomorrow, was signed by Jaime Suarez Perez-Lucas, general manager for energy policy at the Industry Ministry.
Extending the Angosto-1 permit allows the venture to drill exploration wells through June 2016, provided it wins environmental clearance.
The rural site is in a hilly area rich in rivers, stretching through the Basque, Cantabria and Castilla & Leon regions.
Spain currently has no exploration or production using fracking and horizontal drilling, techniques that have delivered an energy bonanza in the U.S.
Hydraulic fracturing involves blasting rock with water, sand and chemicals to open up fissures.
Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.
Rig Count Interactive Map by Baker Hughes, an energy services company.
Shale Sheet Fracking, a Youngstown Vindicator blog.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.
Concerned Citizens of Medina County, a grass-roots group.
No Frack Ohio, a Columbus-based grass-roots group.
Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.