AJQ armour energy limited

Article, page-5

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    Don't mean to change threads, but found this article which was interesting.
    This may help some of the more environmentally focused people towards a compromise.

    Australian based company V2H International is launching a new environmentally safe jetting technology for the oil and gas industry.
    This will come after the completion of a merger between technology group Coal Bed Methane Innovations (a spin off company of CRC Mining) and Zero Radius Laterals, with the technology suitable for both surface and underground operations, and in the CSG industry.
    The technology replaces traditional drill heads with a high-pressure water system that can rapidly install extensive patterns of lateral radial boreholes into multiple coal seams from a vertical production well.
    The speed and steering capabilities means more gas can be drained from each well and all laterals are steered ‘in-seam’ to maximise drainage efficiency.
    The technology helps lower capital and operational expenditure, increase well recoverability, and lower environmental impacts.
    V2H International CEO Darren Rice said there was an opportunity for it to compete against, and possibly replace, hydraulic fracturing (fracking) in the CSG industry due to its low environmental effects.
    https://www.australianmining.com.au/news/new-fracking-alternative-technology-released/
 
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