3 lgs down t LANE9 Sep 2014 10:40
It will soon be known whether the chances of industrial production.
This year can be made the first well, which will give the flow of gas from shale on a commercial scale, which allows to suppose that in Poland there are chances of profitable mining. By recognized as such, the flow must reach 20 thousand. cubic meters. per day.
- Such a hole would show that in Poland there are indeed real possibility of extracting gas. In contrast, phase extraction on an industrial scale and the perceived clearly the economy is not a prospect neither this nor the next year - said Maciej Grabowski, Minister of the Environment, in an interview with Reuters.
So far, the largest flow, because reaching 8-11 thousand. cubic meters. a day, Lane Energy recorded in the well Łebień LE-2H located on the concession Calendar in Pomerania. She also has the greatest chance of success.
I 3Legs Resources, which together with ConocoPhillips owns Lane Energy has said it has successfully completed the so-called. hydraulic fracturing in the well Lublewo LEP-1STh. Soon begin its testing, which should give an answer, whether commercial production possible.
The State's
Quickly commercial flow of gas from shale will record probably is not state-controlled companies, which PGNiG and Orlen. So far performed most wells 14 and 10.
The first one says that only in the first half of 2016. Determine, what resources are available and if and where you can start industrial use. In turn, PKN Orlen announced recently that the first gas production from shale probably take place in the group in 2017.
Too high tribute
On Friday, the president signed an amendment to geological and mining law, shorting regulations on oil and gas. The Act introduces, among others, simplified system of licensing.
Today, the companies are more important, however, the new load. Law on special hydrocarbon tax, which introduces another tribute from oil and gas Parliament voted recently. By September can outvote the Senate, and then signed by the President. If you come into force, taxes will increase from approx. 20 percent. to 40 per cent. gross profit. Firms, however, believe that it will reach 60-70 percent.
- Parliament, by enacting taxes on oil and gas, did not consider almost any industry demands. In fact, one simplification introduced for the submission of tax returns for the years 2016-2019, which due to the specific conditions will benefit if only PGNiG - says Grzegorz Kus, legal adviser PwC. It points out that although the new taxes will be paid only from 2020., But declarations ws. Incurred costs of exploration and production, and revenues from sales of rough should be made already in 2016.
- At the current stage of exploration of shale gas taxes should be as low as possible to encourage companies to invest in our country - says Wojciech Kozlowski, an analyst at Espirito Santo Investment Bank. - Meanwhile, the level may be so large that it can deter, especially for
Sign In
Follow the stocks
