It appears that Agoracom isn't able to restore the missing post from Friday, therefore I'm re-posting them.
Here's an interesting read.
Unconventional Gas in Europe - Opportunities and Risks
“This critical lack of infrastructure could, of course, be remedied by investment if resources provide an attractive enough pull (albeit a colossal cost in itself); yet, costs in Western Europe are likely to be high and margins slim, for a number of reasons, which could well act as a disincentive.First, the geological makeup of the European market will serve to draw out the costs.Deposits in Europe are deeper, lower in terms of materiality and in smaller basins.Additionally, European ‘plays’ are more fragmented in comparison to US ‘plays’ and its shale richer in clay, making these deposits less workable by fracturing.Second, only Hungary currently has any tax incentives for unconventional gas production providing a further disincentive for investment.Third, the European market is highly fragmented in comparison to the US market.And fourth, some of Europe’s most prominent unconventional deposits are offshore; an avenue which has yet to be explored or assessed due to the significant costs involved.”
Read the whole article