As the shale gas revolution continues to grow, oil and gas companies are asking us to remember that practice makes perfect with improved drilling practices and less environmental opposition.
At the World Petroleum Congress (WPC) in Doha, big company bosses said they would help the shale industry improve its game.
“I think Shell, or for that matter Exxon, coming in a big way into this shale gas operation will actually drive the standards up,” Shell Chief Executive Peter Voser told a joint press conference with Exxon CEO Rex Tillerson.
The oil and gas industry continues to face unfounded fear and public opposition over environmental concerns that will drive increased regulation and restrictions on where it can drill.
“Nature has given mankind the gift of natural gas. But our hope now is, ‘Please don’t let government mess it up’,” Jim Mulva, chief executive of ConocoPhillips told the Congress.
The majors went on to say that their massive research efforts can help ensure that fracing is safe.
“I think companies like Exxon, we always put a high priority on technology, so whether that’s shale gas or any other resource development, technology is a key part of it for us,” Rich Kruger, president of Exxon’s production unit, told Reuters.
Jack Gerard, president of the American Petroleum Institute, the U.S. oil and gas industry’s main trade association, said tough financial constraints on some of the companies that led the shale gas revolution may have contributed to some of the misnomers associated with drilling.