Re: BAPE-report goes public
in response to
by
posted on
Mar 08, 2011 05:46PM
(Edit this message through the "fast facts" section)
I agree with that...the thing is the wells being drilled this year by any of the companies and ones planned for next year are all for scientific learning for the companies, in regards to their ability to say ok, we have a resource here and we've firgured out how to frac this specific shale. I have no problem with them continuing to frac and then having the study being done on those wells...heck those studying it from the committee could pull up a trailer for all I care, if anything that'd be great.
I don't think Quebec is ready to drop $10-15 million a well frac when they're going to need dozens of frac jobs imo to see the results...with the debt they already face it doesn't seem likely...at the same time people hearing about the government dishing that money out to frac wells would be pretty upset.
They have to work with the industry, because fracing is fracing and if they're going to study it, it's not going to matter where. Any well drilled, the two coming, are going through water supplies, they can easily study it their as well.
The government isn't going to go back on it's word and say building wealth is no longer what they want...because it is...but as I said, common ground is huge here...allowing the industry to define a resource, while allowing people to study it. I'm not worried about the study, as fracing being done all this time with all these studies hasn't turned up anything bad...nothing proved there.
The government will review this and come to some common ground, as these are just recommendations, but BAPE saying you can't frac so define a resource is the same thing as a moratorium, and Charest and the government has already opposed that.