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PCE finds Hydraulic Fracturing can be undertaken safely

Contributor:
Fuseworks Media
Fuseworks Media

Petroleum Exploration and Production Association’s CEO, David Robinson, today welcomed the Parliamentary Commissioner for the Environment’s scrutiny of hydraulic fracturing in her interim report into the practice released today.

"The interim report aims to provide a scientific and educational overview of a very complex operation.

"The report mirrors many of the findings and recommendations in a report released by the UK Royal Society earlier this year that gave fracking the green light in the UK.

"We hope that the Commissioner’s main finding, that fracking can be managed effectively, goes some way to reassuring the public.

The report states that:

There is no evidence that fracking in Taranaki has caused earthquakes felt at surface level (page 41) ;

Migration of contaminants into aquifers through the cracks created during the fracking process is only a remote possibility (page 43);

No evidence that fracking has caused ground water contamination (page 44);

When fracking is done well, the chance and severity of environmental damage are small compared to some other economic activities (page 51).

"We have approached this investigation with openness and transparency, and we intend to continue this approach as the PCE works on the second part of this report.

"As an industry we are always looking at ways to improve the way we operate. We will take on board the PCE’s findings and look forward to her analysis of our regulatory framework and legislation next year.

"Growing the oil and gas industry in a responsible way will bring about significant economic benefits for all New Zealanders. This interim report helps to show New Zealander’s that we can safely grow the oil and gas industry through good regulation, sound engineering and by operating to best practice," David Robinson said.

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