North Carolina’s Shale Play: Not Yet By Ben Winikoff.
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Transcript of North Carolina’s Shale Play: Not Yet By Ben Winikoff.
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North Carolina’s Shale Play: Not YetBy Ben Winikoff
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Brief History
Unlike conventional natural gas and oil which has pooled and collected under a layer of impermeable rock, shale oil and gas is trapped within an impermeable source rock and cannot escape on its own.
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USGS Assessments
These reserves are from ancient freshwater sources that formed during the Mesozoic period.
Much smaller than the Backken,Marcellus, and Barnett Shale
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Source: USGS
1, 709 Billion cubic feet of Gas. In Surveyed NC Basins
Compare to: Marcellus Shale, 141 trillion cubic feet (TCF)
Roughly 10 billion dollars in Natural Gas Reserves in the state
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Why a State Problem?
Lobbying groups have successfully carved out exemptions for natural gas
Source: http://www.americanprogress.org/issues/green/news/2011/06/03/9886/bringing-fracking-to-the-surface/
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Pre-Drilling Standards
Baseline Water Data on Water QualityBiggest problem states face is lack of information about the water quality before drilling begins
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Drilling Regulation Dispute: How to Deal
with Wastewater
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Environmental Recovery
Preventing Cleanup Costs From Shifting to Taxpayers
- Bonding Requirements
- Spill Response or Contingency Plans
- Strict Liability
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Side-By Side Comparison
Regulation Pennsylvania
Ohio BLM Winikoff
Pre-Drilling Water
Analysis
Waste Water Disposal ?
Underground
Treatment Facilities
ProtectionsBonds
Protection Plans
Strict Liability
Pennsylvania
✗Presumptive
Liability
✓
✗
✓
✓
✓
✗
Ohio
✓Mandatory
Testing
✓
✓
?
✓
✓
✗
BLM
✗
✗
✗
✗
✗
Winikoff
✓Mandatory
Testing
✓
✗
✗
✓
✓
✓