Skip to content
Subscriber Only

No Europe Shale Boom as First Wells Struggle, Bernstein Says

The first results from wells in Poland show Europe is unlikely to match the U.S. boom in shale gas, analysts at Bernstein Research said.

Two wells in Poland’s Baltic basin, where hydraulic fracturing was used to release gas, flowed at rates below the those seen at fields in the U.S., in part because of pressure in the shale rock, Bernstein said. Hydraulic fracturing, or fracking, is a technique that uses water, chemicals and sand to open fissures in rocks.