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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:15,978 Points:1,248,125 Joined:Nov 2008	Message Posted: Feb 6, 2012 3:05:09 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:186,630 Joined:Oct 2011	Message Posted: Feb 5, 2012 10:42:47 AM Ignore Mothus Report Abuse what the PFP....Polish Fracking Plan
nb52 Champion Author Grand Rapids Posts:5,957 Points:1,186,470 Joined:Nov 2008	Message Posted: Feb 5, 2012 5:32:23 AM Ignore nb52 Report Abuse Is this a "Polish joke"?
comprof Champion Author Houston Posts:4,933 Points:1,001,230 Joined:Jul 2009	Message Posted: Feb 5, 2012 1:16:19 AM Ignore comprof Report Abuse OK
TelsaOR Champion Author Oregon Posts:2,197 Points:445,860 Joined:Jan 2011	Message Posted: Feb 4, 2012 10:04:51 PM Ignore TelsaOR Report Abuse They have the MONEY let them spend it.
Hoporrene Veteran Author Mississippi Posts:262 Points:124,470 Joined:Dec 2011	Message Posted: Feb 4, 2012 9:26:31 PM Ignore Hoporrene Report Abuse I never really understood fraking...but lets see how this works outs.
TIGERPAW46 Champion Author Florida Posts:5,560 Points:1,052,735 Joined:Mar 2004	Message Posted: Feb 4, 2012 9:16:51 PM 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:2,997 Points:878,000 Joined:Aug 2008	Message Posted: Feb 4, 2012 9:10:15 PM Ignore Mowerman08 Report Abuse ok
RAKARWOWSKI Champion Author Chicago Posts:2,202 Points:462,560 Joined:Jan 2011	Message Posted: Feb 4, 2012 9:04:26 PM Ignore RAKARWOWSKI Report Abuse I am so happy that Poland has been spared.
kgbellman All-Star Author Ann Arbor Posts:896 Points:371,440 Joined:Mar 2011	Message Posted: Feb 4, 2012 9:03:55 PM Ignore kgbellman Report Abuse If "everyone" said not cost effective, why did they do it?
Gas_Buzzer Champion Author South Carolina Posts:12,388 Points:2,270,550 Joined:Sep 2005	Message Posted: Feb 4, 2012 8:59:37 PM Ignore Gas_Buzzer Report Abuse ok
Gas_Buzzer Champion Author South Carolina Posts:12,388 Points:2,270,550 Joined:Sep 2005	Message Posted: Feb 4, 2012 8:58:25 PM Ignore Gas_Buzzer Report Abuse ok
Kmankeith Veteran Author Rhode Island Posts:312 Points:167,310 Joined:Sep 2011	Message Posted: Feb 4, 2012 8:49:43 PM Ignore Kmankeith Report Abuse Who fracking GIVES A WHOOT
kgbellman All-Star Author Ann Arbor Posts:896 Points:371,440 Joined:Mar 2011	Message Posted: Feb 4, 2012 8:45:25 PM Ignore kgbellman Report Abuse If "everyone" said not cost effective, why did they doo it?
12mpgnavigator Champion Author Seattle Posts:1,021 Points:294,210 Joined:Jun 2009	Message Posted: Feb 4, 2012 8:44:44 PM Ignore 12mpgnavigator Report Abuse how do you say "Frack it baby" in Polish?
min_fuel Champion Author Philadelphia Posts:1,823 Points:655,580 Joined:Jan 2008	Message Posted: Feb 4, 2012 8:43:19 PM Ignore min_fuel Report Abuse Drill in the USA in the Marcellus Shale....jobs and energy.
egd Champion Author Twin Cities Posts:6,526 Points:1,814,770 Joined:Mar 2005	Message Posted: Feb 4, 2012 8:34:48 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 8:33:05 PM Ignore Throroughbred Report Abuse Interesting
pnivens Veteran Author Georgia Posts:411 Points:174,040 Joined:Oct 2011	Message Posted: Feb 4, 2012 8:31:25 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:6,585 Points:1,535,770 Joined:May 2007	Message Posted: Feb 4, 2012 8:29:24 PM Ignore Prodaddy Report Abuse No fracking way
CISA Champion Author Orange County Posts:4,806 Points:1,173,140 Joined:Dec 2006	Message Posted: Feb 4, 2012 8:28:06 PM Ignore CISA Report Abuse Yes fracking way.
WinderGuy Champion Author Georgia Posts:1,742 Points:610,390 Joined:Mar 2008	Message Posted: Feb 4, 2012 8:27:56 PM Ignore WinderGuy Report Abuse Ok
monieet All-Star Author California Posts:506 Points:237,160 Joined:Mar 2011	Message Posted: Feb 4, 2012 8:25:16 PM Ignore monieet Report Abuse Ok
mfeldstein Champion Author Ottawa Posts:6,599 Points:1,618,760 Joined:Feb 2007	Message Posted: Feb 4, 2012 8:24:50 PM Ignore mfeldstein Report Abuse No fracking way.
us4usa Champion Author Missouri Posts:4,432 Points:783,645 Joined:May 2008	Message Posted: Feb 4, 2012 8:23:05 PM Ignore us4usa Report Abuse Keep on working...
my2002m Champion Author Tulsa Posts:4,259 Points:1,310,095 Joined:Jul 2008	Message Posted: Feb 4, 2012 8:17:23 PM Ignore my2002m Report Abuse Good for Poland.
SammyAdams Champion Author Tallahassee Posts:1,207 Points:432,530 Joined:Nov 2010	Message Posted: Feb 4, 2012 8:16:19 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:2,155 Points:449,160 Joined:Dec 2010	Message Posted: Feb 4, 2012 8:12:21 PM Ignore sammy518 Report Abuse ha
CAD69 Champion Author Milwaukee Posts:1,546 Points:500,815 Joined:Nov 2010	Message Posted: Feb 4, 2012 8:11:15 PM Ignore CAD69 Report Abuse Keep looking!
tippybuddy Champion Author Ontario Posts:1,359 Points:182,760 Joined:Feb 2011	Message Posted: Feb 4, 2012 8:10:54 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:1,138 Points:336,675 Joined:May 2011	Message Posted: Feb 4, 2012 8:07:04 PM Ignore MustangRacing Report Abuse We got plenty of gas over here.
Marson Champion Author Scranton Posts:7,216 Points:1,729,830 Joined:Oct 2006	Message Posted: Feb 4, 2012 8:06:16 PM Ignore Marson Report Abuse Interesting.
drobbbb Champion Author Maryland Posts:1,933 Points:474,835 Joined:Dec 2010	Message Posted: Feb 4, 2012 8:05:25 PM Ignore drobbbb Report Abuse ok
jerej829 Champion Author Memphis Posts:1,201 Points:342,195 Joined:May 2011	Message Posted: Feb 4, 2012 8:02:09 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 7:59:57 PM Ignore YellowDucky Report Abuse nothing is perfect all the time.
iamforiu Champion Author Indiana Posts:1,750 Points:350,975 Joined:May 2011	Message Posted: Feb 4, 2012 7:59:54 PM Ignore iamforiu Report Abuse ok
suzmar Champion Author Texas Posts:1,035 Points:546,370 Joined:Jun 2006	Message Posted: Feb 4, 2012 7:59:17 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:3,126 Points:704,030 Joined:Jan 2004	Message Posted: Feb 4, 2012 7:58:24 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:5,499 Points:1,279,000 Joined:Feb 2007	Message Posted: Feb 4, 2012 7:56:58 PM Ignore Blue48 Report Abuse OOOPS!
carman11 Champion Author North Carolina Posts:1,470 Points:330,670 Joined:Jun 2011	Message Posted: Feb 4, 2012 7:53:05 PM Ignore carman11 Report Abuse OK
Holly123 Champion Author Charlotte Posts:1,611 Points:441,480 Joined:Dec 2010	Message Posted: Feb 4, 2012 7:51:33 PM Ignore Holly123 Report Abuse All-righty.
LSU_TIGERS_dmb Champion Author Louisiana Posts:1,376 Points:307,100 Joined:May 2011	Message Posted: Feb 4, 2012 7:50:51 PM Ignore LSU_TIGERS_dmb Report Abuse Keep up great work exxons
mstearno Champion Author Dayton Posts:6,371 Points:1,389,465 Joined:Jan 2008	Message Posted: Feb 4, 2012 7:48:40 PM Ignore mstearno Report Abuse beats solyndra
sillywagon Champion Author New York Posts:11,732 Points:1,081,345 Joined:Oct 2008	Message Posted: Feb 4, 2012 7:47:12 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:979 Points:294,525 Joined:Mar 2011	Message Posted: Feb 4, 2012 7:45:49 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:6,807 Points:1,243,265 Joined:Mar 2008	Message Posted: Feb 4, 2012 7:38:01 PM Ignore danreino Report Abuse Did they find any kielbasa ?
GigHarborHound All-Star Author Tacoma Posts:945 Points:168,285 Joined:Sep 2011	Message Posted: Feb 4, 2012 7:36:34 PM Ignore GigHarborHound Report Abuse Keep looking!
PoohMcGoo Champion Author South Carolina Posts:1,907 Points:478,780 Joined:Dec 2010	Message Posted: Feb 4, 2012 7:35:07 PM Ignore PoohMcGoo Report Abuse Insert Polack joke here...
BigBob12345 Champion Author Gasbuddy Posts:1,062 Points:205,990 Joined:Aug 2011	Message Posted: Feb 4, 2012 7:32:56 PM Ignore BigBob12345 Report Abuse Ok, Exxon, did not do your due diligence, eh????????????
Yankee829 All-Star Author Dallas Posts:529 Points:212,505 Joined:Sep 2010	Message Posted: Feb 4, 2012 7:25:05 PM Ignore Yankee829 Report Abuse Ok