Skip to content
Tuesday 28 July 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,781.75
+0.42%
DAX
25,361.03
+1.04%
CAC 40
8,406.06
0.00%
STOXX 50
6,282.21
+0.02%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 06 February 2019 7:07 pm  |  Updated:  Monday 03 June 2019 1:40 am

Cuadrilla boss pleads for fairer treatment after good results at Lancashire fracking site

The chief executive of Britain’s first fracker has called on the government to review its limits on earthquakes caused by drilling.

Francis Egan said his company, and other shale gas explorers, were being treated unfairly when compared to other industries, which are allowed to cause much more violent tremors.

Read more: Jim Ratcliffe: Government's shale policy is an 'unworkable' mess

Frackers have to stop drilling immediately if they measure local tremors of 0.5 on the Richter Scale, around 30 times lower than industries such as quarrying and construction. It is also much lower than the 4.0 allowed in the US.

It is part of the traffic light system, introduced by the government after public concern over shale exploration.

However, the industry argues that this was only ever intended as a temporary measure until enough data could be gathered to assess the risks.

“We have acquired almost 40,000 micro-seismic data points during hydraulic fracturing operations […] We believe this to be the most comprehensive micro-seismic data set ever collected at a shale gas well anywhere in the world,” Egan said.

The company reported “encouraging” results from the UK’s first ever horizontal shale well yesterday. It said it had found flows of over 200,000 standard cubic feet per day at peak.

“The natural gas beneath Preston New Road could help secure our domestic gas supply,” Egan said.

Cuadrilla said it had asked the Oil and Gas Authority to review the traffic light system.

Egan said: “All we ask now is that we are treated fairly, with comparable seismic and ground vibration levels to similar industries in Lancashire and elsewhere in the UK who are able to work safely but more effectively with significantly higher thresholds for seismicity and ground vibration.”

Read more: Cuadrilla suspends fracking at Lancashire site after tremors

His comments come days after Britain’s richest man Sir Jim Ratcliffe accused the government of “slippery back door manoeuvres” to kill off the UK shale industry.

“The Department of Business, Energy and Industrial Strategy seems to lack a basic understanding of the Richter Scale,” he said.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics

Categories

  • Markets

Related Topics

  • Cuadrilla

Trending Articles

  • Wise denied US banking licence in blow to expansion plans

  • Big Four’s AIM exodus accelerates as mid-tier firms seize mandates

  • FTSE 100 firm agrees £5.7bn takeover in latest private equity swoop

  • Scotland’s tax hike may have backfired as receipt falls

  • Burnham backs plan to pump £1bn pension funds into start-ups

More from City PM

  • IForex shares lift after trading platform makes London Stock Exchange debut

    Markets
    London Stock Exchange building exterior with digital forex data display reflecting financial market trends
  • Darktrace boss blames employee share rules for London exit

    Tech
    The London Stock Exchange
  • London maintains its commanding lead as largest foreign exchange centre

    Markets
    London leads the way as the commanding foreign exchange centre
  • Jubel CEO: ‘We’re doing something different and it’s working’

    Business
    Jubel has recorded exceptional growth as its popularity continues to soar
  • Savers could miss out on £37,000 from reluctance to invest in stocks

    Personal Finance
    Pension funds
  • Swiss shares fall as the country feels the wrath of Trump’s tariffs

    Markets
    Swiss markets have felt the wrath of Trump's tariffs as they open for the first time post announcement
  • Pharma stocks suffer as Trump demands prescription slash

    Markets
    Pharmaceutical stocks took a hit with Trump tariff threat looming
  • Global markets take a tumble as Trump pushes on with his trade war

    Economics
    Global markets have tumbled as deadline day arrives
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook