If the UK were to roll out fracking at its shale gas reserves, it could nearly eliminate its net gas imports by the early 2030s, industry group United Kingdom Onshore Oil and Gas (UKOOG) said in a report on Monday. The group has revised up its estimates for potential share gas production, after the recent flow test data from UK company Cuadrilla, which resumed fracking in England last year for the first time in seven years. According to UKOOG, the initial flow test at Cuadrilla’s Preston New Road (PNR) site in Lancashire “scaled up for a full-length lateral with all stages effectively hydraulically fractured, allows us to increase our previous estimates of production from each lateral.” UKOOG has estimated that a national roll-out of 100 pads of 40 laterals (4,000 laterals in total) would lead to the UK’s annual production peaking at almost 1,400 bcf in the early 2030s, […]