Landowners and Fracking access rights: Frack off or an opportunity to make some money?

Landowners and Fracking access rights: Frack off or an opportunity to make some money?

frackingThe Infrastructure Act will remove landowner’s rights to object to fracking and allow fracking companies to exploit shale reserves under your land in return for compensation.

As the Infrastructure Bill reaches the report stage in the House of Lords, we consider the issues for landowners – should you say "Frack off" or is it an opportunity to make some money?

Shale rich England

The British Geological Survey originally indicated that the UK might have 150 billion cubic metres of recoverable shale gas. This estimate has been radically adjusted. The Bowland Shale Gas Study in June 2013 suggests that the Bowland shale formation in Northern England may alone have 64.6 TRILLION cubic metres of shale gas in place.

Nobody knows how much of this gas is commercially recoverable, however, fracking companies have large areas of England in their sights.

Legislation for underground access

The Queen’s Speech in 2013 announced that legislation was coming in the Infrastructure Bill to speed up the introduction to fracking

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