This provision is for an Agreement where there is the expectation that one or more horizontal wells may be drilled within the Contract Area. This section addresses the drilling of Horizontal Wells and that they shall remain the sole property and information of the Operator
Vermont Proprietary Technology - Horizontal Well - Restriction on Disclosure
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FAQ
What's so bad about fracking? It won't help us limit climate change. Energy experts say that much of the gas that companies have already discovered but not yet extracted needs to stay in the ground. ... It risks causing pollution and harming health. ... It would impact the countryside. ... It wouldn't bring down energy bills.
When the pressure is removed from the well, the proppant, such as sand, hold the fractures open. The State of Vermont has enacted laws and rules prohibiting this hydraulic fracturing for oil and gas in Vermont due to the evidence of risks to human health and the environment.
Last month, the interstate Delaware River Basin Commission banned fracking within the watershed of New York, New Jersey, Pennsylvania and Delaware, adjacent to the fossil fuel-producing Marcellus shale basin. Vermont, Maryland and Washington have also banned fracking, but those states have few, if any, proven reserves.
Hydraulic fracturing, or fracking, is a process that uses high-pressure fluid injections to shatter rock formations and extract natural gas. Fracking has been blamed for leaking millions of tons of methane, a greenhouse gas more potent than carbon dioxide.
Fracking was first halted in England in 2019, amid opposition from green groups and concerns about earth tremors.
New York banned massive hydraulic fracturing by executive order in 2010, so all natural gas production in the state is from wells drilled prior to the ban. Vermont, which has no known frackable gas reserves, banned fracking preventatively in May 2012.
