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Exxon's Polish Fracking Plans Hit Air Pocket

Forbes -- Exxon Mobil announced that the gas flow from its two exploratory wells drilled in Poland did not justify bringing them into production. [1]

Analysts have speculated that the technical challenges associated with shale exploration in the country made it commercially non-viable to explore the resources.

If so, this would be a major setback for Exxon’s plans to expand shale exploration in Europe as Poland has some the best shale prospects in the region and the government has been eager to exploit the resources to reduce dependence on Russian gas. Competitor Chevron is also drilling exploratory wells in Poland.

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Submitted Feb 04, 2012 By: skb69sa

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honda0105 Champion Author Tallahassee Posts:15,932 Points:1,242,175 Joined:Nov 2008	Message Posted: Feb 6, 2012 6:05:09 AM Ignore honda0105 Report Abuse at least Europe will be a place of fresh drinking water that's not as polluted by fracking as it has been in the US and Canada.
Mothus Veteran Author Atlanta Posts:380 Points:182,130 Joined:Oct 2011	Message Posted: Feb 5, 2012 1:42:47 PM Ignore Mothus Report Abuse what the PFP....Polish Fracking Plan
nb52 Champion Author Grand Rapids Posts:5,928 Points:1,180,540 Joined:Nov 2008	Message Posted: Feb 5, 2012 8:32:23 AM Ignore nb52 Report Abuse Is this a "Polish joke"?
comprof Champion Author Houston Posts:4,901 Points:995,280 Joined:Jul 2009	Message Posted: Feb 5, 2012 4:16:19 AM Ignore comprof Report Abuse OK
TelsaOR Champion Author Oregon Posts:2,167 Points:439,910 Joined:Jan 2011	Message Posted: Feb 5, 2012 1:04:51 AM Ignore TelsaOR Report Abuse They have the MONEY let them spend it.
Hoporrene Veteran Author Mississippi Posts:257 Points:119,145 Joined:Dec 2011	Message Posted: Feb 5, 2012 12:26:31 AM Ignore Hoporrene Report Abuse I never really understood fraking...but lets see how this works outs.
TIGERPAW46 Champion Author Florida Posts:5,539 Points:1,047,060 Joined:Mar 2004	Message Posted: Feb 5, 2012 12:16:51 AM Ignore TIGERPAW46 Report Abuse Those who assume fraking is all bad should do more research. If they did enough research into the subject, they would find only a very small percent of fraking wells cause any problem & those should have not been permitted from the onset as they were too shallow and too near deep water supplies. Otherwise as for waste water, like all Manufacturing or any industry with chemical waste it has to be properly disposed of to prevent problems. Nuclear waste is far more deadly for thousands of years.
Mowerman08 Champion Author Milwaukee Posts:2,967 Points:872,050 Joined:Aug 2008	Message Posted: Feb 5, 2012 12:10:15 AM Ignore Mowerman08 Report Abuse ok
RAKARWOWSKI Champion Author Chicago Posts:2,172 Points:456,610 Joined:Jan 2011	Message Posted: Feb 5, 2012 12:04:26 AM Ignore RAKARWOWSKI Report Abuse I am so happy that Poland has been spared.
kgbellman All-Star Author Ann Arbor Posts:870 Points:365,715 Joined:Mar 2011	Message Posted: Feb 5, 2012 12:03:55 AM Ignore kgbellman Report Abuse If "everyone" said not cost effective, why did they do it?
Gas_Buzzer Champion Author South Carolina Posts:12,363 Points:2,265,575 Joined:Sep 2005	Message Posted: Feb 4, 2012 11:59:37 PM Ignore Gas_Buzzer Report Abuse ok
Gas_Buzzer Champion Author South Carolina Posts:12,363 Points:2,265,575 Joined:Sep 2005	Message Posted: Feb 4, 2012 11:58:25 PM Ignore Gas_Buzzer Report Abuse ok
Kmankeith Veteran Author Rhode Island Posts:312 Points:165,660 Joined:Sep 2011	Message Posted: Feb 4, 2012 11:49:43 PM Ignore Kmankeith Report Abuse Who fracking GIVES A WHOOT
kgbellman All-Star Author Ann Arbor Posts:870 Points:365,715 Joined:Mar 2011	Message Posted: Feb 4, 2012 11:45:25 PM Ignore kgbellman Report Abuse If "everyone" said not cost effective, why did they doo it?
12mpgnavigator All-Star Author Seattle Posts:991 Points:288,260 Joined:Jun 2009	Message Posted: Feb 4, 2012 11:44:44 PM Ignore 12mpgnavigator Report Abuse how do you say "Frack it baby" in Polish?
min_fuel Champion Author Philadelphia Posts:1,820 Points:654,545 Joined:Jan 2008	Message Posted: Feb 4, 2012 11:43:19 PM Ignore min_fuel Report Abuse Drill in the USA in the Marcellus Shale....jobs and energy.
egd Champion Author Twin Cities Posts:6,501 Points:1,809,020 Joined:Mar 2005	Message Posted: Feb 4, 2012 11:34:48 PM Ignore egd Report Abuse what is normal rate of gas wells being brought into production
Throroughbred Champion Author Cleveland Posts:1,031 Points:1,210,745 Joined:Jun 2007	Message Posted: Feb 4, 2012 11:33:05 PM Ignore Throroughbred Report Abuse Interesting
pnivens Veteran Author Georgia Posts:411 Points:169,540 Joined:Oct 2011	Message Posted: Feb 4, 2012 11:31:25 PM Ignore pnivens Report Abuse At the end of the day it's a business. If it isn't profitable they won't go after it.
Prodaddy Champion Author Houston Posts:6,555 Points:1,529,820 Joined:May 2007	Message Posted: Feb 4, 2012 11:29:24 PM Ignore Prodaddy Report Abuse No fracking way
CISA Champion Author Orange County Posts:4,782 Points:1,168,185 Joined:Dec 2006	Message Posted: Feb 4, 2012 11:28:06 PM Ignore CISA Report Abuse Yes fracking way.
WinderGuy Champion Author Georgia Posts:1,712 Points:604,440 Joined:Mar 2008	Message Posted: Feb 4, 2012 11:27:56 PM Ignore WinderGuy Report Abuse Ok
monieet All-Star Author California Posts:506 Points:233,410 Joined:Mar 2011	Message Posted: Feb 4, 2012 11:25:16 PM Ignore monieet Report Abuse Ok
mfeldstein Champion Author Ottawa Posts:6,579 Points:1,614,760 Joined:Feb 2007	Message Posted: Feb 4, 2012 11:24:50 PM Ignore mfeldstein Report Abuse No fracking way.
us4usa Champion Author Missouri Posts:4,417 Points:778,190 Joined:May 2008	Message Posted: Feb 4, 2012 11:23:05 PM Ignore us4usa Report Abuse Keep on working...
my2002m Champion Author Tulsa Posts:4,234 Points:1,304,245 Joined:Jul 2008	Message Posted: Feb 4, 2012 11:17:23 PM Ignore my2002m Report Abuse Good for Poland.
SammyAdams Champion Author Tallahassee Posts:1,177 Points:426,580 Joined:Nov 2010	Message Posted: Feb 4, 2012 11:16:19 PM Ignore SammyAdams Report Abuse It took decades of loss of freedom for these iron curtain countries to appreciate an economic opportunity such as this. I hope that we wont need to experience these losses before we begin to appreciate how well we actually have it now.
sammy518 Champion Author Austin Posts:2,125 Points:443,210 Joined:Dec 2010	Message Posted: Feb 4, 2012 11:12:21 PM Ignore sammy518 Report Abuse ha
CAD69 Champion Author Milwaukee Posts:1,516 Points:494,865 Joined:Nov 2010	Message Posted: Feb 4, 2012 11:11:15 PM Ignore CAD69 Report Abuse Keep looking!
tippybuddy Champion Author Ontario Posts:1,329 Points:180,560 Joined:Feb 2011	Message Posted: Feb 4, 2012 11:10:54 PM Ignore tippybuddy Report Abuse I too think we have plenty of gas here then in other countries...am I wrong
MustangRacing Champion Author Virginia Posts:1,108 Points:330,725 Joined:May 2011	Message Posted: Feb 4, 2012 11:07:04 PM Ignore MustangRacing Report Abuse We got plenty of gas over here.
Marson Champion Author Scranton Posts:7,188 Points:1,723,920 Joined:Oct 2006	Message Posted: Feb 4, 2012 11:06:16 PM Ignore Marson Report Abuse Interesting.
drobbbb Champion Author Maryland Posts:1,904 Points:468,905 Joined:Dec 2010	Message Posted: Feb 4, 2012 11:05:25 PM Ignore drobbbb Report Abuse ok
jerej829 Champion Author Memphis Posts:1,176 Points:336,470 Joined:May 2011	Message Posted: Feb 4, 2012 11:02:09 PM Ignore jerej829 Report Abuse ok
YellowDucky Champion Author St. Louis Posts:1,524 Points:425,380 Joined:Oct 2010	Message Posted: Feb 4, 2012 10:59:57 PM Ignore YellowDucky Report Abuse nothing is perfect all the time.
iamforiu Champion Author Indiana Posts:1,720 Points:345,025 Joined:May 2011	Message Posted: Feb 4, 2012 10:59:54 PM Ignore iamforiu Report Abuse ok
suzmar Champion Author Texas Posts:1,005 Points:541,320 Joined:Jun 2006	Message Posted: Feb 4, 2012 10:59:17 PM Ignore suzmar Report Abuse I am sure that Exxon has lost a lot of money on this exploration that didn't prove to be commercially viable. People forget how much "big" oil spends to gain the profits that they make.
AUREOLAE Champion Author Oakland Posts:3,116 Points:700,330 Joined:Jan 2004	Message Posted: Feb 4, 2012 10:58:24 PM Ignore AUREOLAE Report Abuse I'll bet there'll be plenty more of those "OOPSes" in the US, too.
Blue48 Champion Author Illinois Posts:5,469 Points:1,273,050 Joined:Feb 2007	Message Posted: Feb 4, 2012 10:56:58 PM Ignore Blue48 Report Abuse OOOPS!
carman11 Champion Author North Carolina Posts:1,438 Points:324,720 Joined:Jun 2011	Message Posted: Feb 4, 2012 10:53:05 PM Ignore carman11 Report Abuse OK
Holly123 Champion Author Charlotte Posts:1,586 Points:436,355 Joined:Dec 2010	Message Posted: Feb 4, 2012 10:51:33 PM Ignore Holly123 Report Abuse All-righty.
LSU_TIGERS_dmb Champion Author Louisiana Posts:1,356 Points:301,600 Joined:May 2011	Message Posted: Feb 4, 2012 10:50:51 PM Ignore LSU_TIGERS_dmb Report Abuse Keep up great work exxons
mstearno Champion Author Dayton Posts:6,341 Points:1,383,535 Joined:Jan 2008	Message Posted: Feb 4, 2012 10:48:40 PM Ignore mstearno Report Abuse beats solyndra
sillywagon Champion Author New York Posts:11,698 Points:1,075,895 Joined:Oct 2008	Message Posted: Feb 4, 2012 10:47:12 PM Ignore sillywagon Report Abuse These are "technological challenges" worth solving. The Poles are good people. When these problems are solved both the oil companies and the people of Poland will benefit. You may find kielbasa served at a future fracking rig. But no brie... to many "watermellon" NIMBY's in that part of Europe.
Beaveronparade All-Star Author Hartford Posts:949 Points:288,575 Joined:Mar 2011	Message Posted: Feb 4, 2012 10:45:49 PM Ignore Beaveronparade Report Abuse I definitely think there needs to be more studies done in this area. They can afford it & if it's safe it will pay off in the end.
danreino Champion Author Twin Cities Posts:6,780 Points:1,238,195 Joined:Mar 2008	Message Posted: Feb 4, 2012 10:38:01 PM Ignore danreino Report Abuse Did they find any kielbasa ?
GigHarborHound All-Star Author Tacoma Posts:916 Points:162,355 Joined:Sep 2011	Message Posted: Feb 4, 2012 10:36:34 PM Ignore GigHarborHound Report Abuse Keep looking!
PoohMcGoo Champion Author South Carolina Posts:1,877 Points:472,830 Joined:Dec 2010	Message Posted: Feb 4, 2012 10:35:07 PM Ignore PoohMcGoo Report Abuse Insert Polack joke here...
BigBob12345 Champion Author Gasbuddy Posts:1,032 Points:200,040 Joined:Aug 2011	Message Posted: Feb 4, 2012 10:32:56 PM Ignore BigBob12345 Report Abuse Ok, Exxon, did not do your due diligence, eh????????????
Yankee829 Veteran Author Dallas Posts:498 Points:206,555 Joined:Sep 2010	Message Posted: Feb 4, 2012 10:25:05 PM Ignore Yankee829 Report Abuse Ok