The Beetaloo Basin is one of the best sources of shale gas in the world, but selecting fracking sites is about more than just availability and quality of gas. One of the reasons that fracking is often misunderstood and many people are suspicious of the practice is that it is not carried out in the right way. There are particular concerns about fracking in the Beetaloo Basin and many people worry that it will damage local communities and have a negative impact on the local environment.
The Northern Territory has some of the strictest regulations around fracking in the entire world, and these rules are in place to protect communities and the environment. Any company that wants to build a fracking operation in the area must follow these guidelines to the letter and any concerns about fracking in Beetaloo are unfounded because Beetaloo Basin gas reserves fracking is not illegal. Fracking operations in this area are carried out by The Origin Beetaloo Exploration Project, and they have taken all of the necessary steps to ensure that their operation is legal. They are working closely with the Northern Land Council as well as the Native title holders to make sure that all guidelines are met. Before any drilling took place, a 15 month enquiry was carried out by an independent scientific body. Strict measures were put in place to protect the environment and in any areas where guidelines can not be met, drilling will not take place, so Beetaloo Basin gas reserves fracking is not illegal in any way. If you would like to learn more about the legalities of fracking in the Beetaloo Basin, you can find plenty of information on The Origin Beetaloo Exploration Project website. For over 40 years, fracking has been safely carried out in the Northern Territory of Australia. It boasts one of the largest supplies of natural gas in the world, making it a hotspot for LNG Exploration. Over the next few years, a gas exploration company in Australia will proceed with The Origin Beetaloo Exploration Project. It’s a multi-million dollar project designed to unearth more sustainable natural energy sources while stimulating the economy.
Half The Emissions of Coal LNG contributes around half the emissions of coal. As a consequence, it’s one of the cleanest energy sources on the planet. With Australia looking to commit to a greener future, this exploration project will look to use natural gas as a replacement for much of the coal that’s used in electricity generation. Aside from having lower carbon emissions, gas also adapts better to both wind and solar power, making it a great energy source for the future. Stimulating The Economy The Origin Beetaloo Exploration Project aims to stimulate the economy and produce over 900 jobs in the Northern Territory. Millions of dollars have already been invested in local contracts, and there’s a move to finance skills training and mentoring amongst many of the workers. Alongside this, when the product moves into production, it can help create energy security, leading to lower energy costs throughout the country. It’s an exciting proposition, and this project can have a significant impact across Australia and Asia if it moves to production. Forecasts predict it can deliver long-term economic, social, and environmental benefits for the Northern Territory and beyond. Gas Exploration, sometimes known as ‘hydraulic fracturing’ or ‘fracking’ is the process of drilling into the earth and pumping the gaps full of high-pressure water to release the natural gases found inside. ‘Fracking’ is the description of how the rocks are fractured during the process of gas extraction. How Does It Work? The process is carried out by drilling vertically or horizontally into the earth.
What is Shale Gas? Shale gas is a natural gas that is found in shale rock, buried deep underground. This natural gas made mainly from methane is a natural gas that is used primarily for domestic uses such as heating and cooking. Shale is different from most other natural gases in that it cannot flow naturally through rocks- hence the need for fracturing the rocks apart in order to access this natural fuel. What Are Exploration and Production Companies? An E&P company such as some Gas Exploration companies in Australia, where incorporations that are involved in this high risk/ high reward area of exploration focus on finding, producing and merchandising different types of oil and gas. Additionally, they build infrastructure and collect analytical data, as well as working with a variety of contractors such as engineering procurement and construction. |
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