In 2013 the British Geological Survey (BGS) published its study on the geology and resource estimation of the Bowland Shale, which includes Lancashire. The BGS estimated that there is between 822 trillion cubic feet and 2,281 trillion cubic feet in the area. If even a fraction of this could be extracted at a commercial rate this would have a positive effect on the UK’s energy mix.
As an untapped energy resource, natural gas from shale has the potential to:
- boost the UK’s gas production, generating tax revenue for the UK
- reduce the UK’s dependency on vulnerable and expensive foreign energy sources
By unlocking the natural gas trapped in the shale rock deep underground we could have an energy source to heat Lancashire homes and businesses for many decades to come.
Local supply chain perspective:
As part of its procurement strategy Cuadrilla has partnered with the two Lancashire Chambers of Commerce (North & Western Lancashire and East Lancashire)to identify and support local businesses that want to become part of the supply chain. The Chambers are the first point of contact for local business and agencies wishing to engage in the project. This website forms the central resource for all Lancashire businesses who wish to make the most of the opportunities arising out of the development.