Europe is only “just starting” its journey towards developing shale gas, according to shale gas research experts at Chevron.
Speaking at the Unconventional Oil and Gas (UGOS) conference in London this morning, Dr Steve Garrett, Manager for Chevron’s Global Technology Centre said “it does take time” for an industry to get off the ground.
Pointing to the United States’ seemingly overnight success, he said even that took years to get going.
He told the conference: “It seemed to ramp up quickly but if you look at the timeline it goes back to 2005, it took eight to 10 years. We’re just starting on that journey in Europe.”
Dr Garrett said there was some “exciting research” in the pipeline, earlier mentioning research at Leeds and Manchester universities including analysing the microporous rock and how gas moves through rock.
He added he could “see a very interesting business prize at the end of it”.