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Press Statement

18 August 2015

“This is an important and timely moment for shale gas in the UK.  It is a chance for current licence holders to expand their portfolio and a wider pool of operators to push the industry forward, unlocking major national and regional economic benefits.  In the north alone, the industry could deliver a projected £30 billion spend and support over 13,000 jobs within the supply chain. 

“We welcome the recent Government announcement that efforts will be made to speed up decision making on shale gas applications and that there is to be a consideration of an extension to permitted development rights to cover exploratory works.  Such moves could break down some of the barriers that have so far stifled what could be a thriving home-grown industry.

“To ensure we maximise the benefits on offer, the industry must now gather pace.  Identifying appropriate sites above the most prospective shale resources, delivering the necessary infrastructure and establishing a supply chain will all be vital if the industry is to flourish.  We should be thinking from day one how these factors will align and integrate in order to accelerate progress.”

<ENDS>

NOTES TO EDITORS

  • As part of the privately owned Peel Group, Peel Gas & Oil works with current and prospective onshore license holders as a surface development partner to expedite delivery and reduce front-end costs for license operators.

  • Peel Gas & Oil is uniquely placed to support the sector drawing on the Group’s skills and assets in land, infrastructure, utilities, environment, transport and planning. The Peel Group has over thirty years’ experience of securing planning consents and understands the importance of engaging with local, regional and political stakeholders.

  • Earlier this year the Peel Gas and Oil commissioned a study by AMION Consulting.  The report Shale Gas – Creating a Supply Hub for the Bowland Shale – found that developing a supply hub in the Bowland Shale could see Northern economies benefit from a £30 billion boost, according to an independent report published earlier this year. It also found that development of a supply chain to support the industry could also support 13,000 jobs – more than double the amount than without a supply hub.   Download a copy of the report here.

  • In 2014, the Peel Group jointly commissioned a report with IGas Energy plc, Potential Economic Impacts of Shale Gas in the Ocean Gateway. The report published by Amion Consulting highlights significant potential gains from shale gas production. This found that extracting shale gas in the North West’s Ocean Gateway region could trigger a £10 billion boost for the region and support up to 3500 jobs. http://www.peel.co.uk/media/Peel%20Environmental/Gas%20and%20Oil/Amion_Shale_Report_4pp_Correct.pdf

  • Peel Gas & Oil is a member of United Kingdom Onshore Oil and Gas (UKOOG), the representative body for the UK’s onshore oil and gas industry.  The organisation works to promote clear and open dialogue for the onshore oil and gas industry while ensuring first rate safety, environment, operations and management standards.

For more information contact:

Rebecca Eatwell – PPS Group
Rebecca.eatwell@ppsgroup.co.uk / 07827 353113 / 0161 237 3705

Lewis Jones – PPS Group
Lewis.jones@ppsgroup.co.uk / 07867 394317 / 0161 237 3705

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