Reuters: EU shale gas depends on better fracking process - BG

Success for shale gas extraction in Europe will hinge on developing more efficient techniques and a more targeted approach to fracking, Andrew Gould, chairman of UK gas producer BG Group PLC, said on Thursday.

Until recently, shale gas extracting firms have used a "blitzing technique" whereby they frack as much as they can in the hope of opening gas to the well, Gould told delegates at a resource scarcity conference in Oxford.  MORE