All eyes on Poland as Europe’s shale gas hunt gathers speed
The search for shale gas in Europe is now making the headlines as many oil and gas firms are hoping to replicate the US shale success story. However, as one geologist pointed out, Europe is looking at its own shale gas resources with a US eye and it is a much different scenario in Europe, where the development of shale gas is likely to follow a significantly different path. Poland has taken the lead with the first European well, the Markowola-1 with hydraulic fracturing of a potential shale reservoir drilled this summer for PGNiG the state-owned Polish oil and gas company. But challenges in Europe are plenty, and it remains to be seen whether Poland will set a precedent for the rest of the continent and what that precedent will be.
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