• adequate oversight
a technology business development consulting group
• adoption of appropriate regulations and legislation
• onsite safety and emergency preparedness plans
• programs to train and certify the workforce
• adherence to best management practices
• and qualification.
Hydraulic fracturing of oil and gas wells has been understood and used for more than 60 years, and it is well known that this operation can make otherwise non-economic wells financially viable. In fact, hydraulic fracturing operations have led to a renaissance in the natural gas drilling and production industry in shale gas and coal-bed methane regions throughout the world.
The industry has learned is doing it wrong will lead to problems. Modern shale gas development is technologically driven and must be treated as such. Unproven cost cutting measures and process deviations are unacceptable. Experience tells us, shale gas can be safely managed and controlled. Done right it is a low risk proposition.
Issues are being raised by community and environmental action groups regarding possible health and environmental effects associated with chemicals used in hydraulic fracturing operations, as well as with the potential leakage of fracturing fluids into drinking-water aquifers, and the discharge of fracturing fluids after use. Currently, hydraulic fracturing operations and associated fluids are covered by stringent regulatory programs, and are not regulated under the Safe Drinking Water Act. Legislation has been introduced that would change the regulation of these fluids. Additionally, legislation governing disclosure of fluid composition, permitting requirements for use and disposal, and requirements for preliminary environmental assessments are under development.
Reputable investigations into the environmental complaints related to hydraulic fracturing concluded that the problems were avoidable and traced to: inferior casing and cementing; insufficient separation between gas-bearing rock and water supplies; and lack of oversight and adherence to best management practices.
TBD will give you the wherewithal to ensure hydraulic fracturing is done right the first time without harm to people and the planet.