Information About Fracking in NT

The Beetaloo Basin has the potential of becoming a major new source of gas supply and could put Australia on the list of the biggest gas producers in the world. Companies are using the fracking technique to release gas from the rocks underground. Let’s discuss five topics of fracking in the Northern Territory:

1.  Beetaloo Fracking Creates Jobs

Beetaloo Fracking in Australia has provided thousands of direct jobs because of the industry. The industry has also created several indirect employment opportunities. With the increase in production of the Northern Territory natural gas, the number of people employed in production and delivery activities will rise in the coming months.

2.  Fracking and the Environment

Even though there are some concerns about environmental contamination with the fracking process, a correctly implemented well will have minimal issues. Fracking provides a better alternative to coal, which is one of the most dangerous fuels on earth today. The fatality rate associated with coal is 1,000 times higher than that of natural gas.

3.  Enhances Access to More Gas and Oil

One of the advantages of fracking in NT is that it reaches depths that other extraction methods cannot, thus the mining company can access many more natural deposits of natural gas and oil. That means we have more gas for our cars, heating, and cooking, and this gives us the advantage of using fossil fuels for longer before we find a viable alternative.

4.  No More Relying on Foreign Countries

Energy problems have complicated the politics of the world. The fact that fossil fuels are not distributed evenly all around the world creates conflict between influential countries. Beetaloo Fracking allows Australia to produce its own natural gas. Beetaloo Fracking is worth 9 Billion Australian Dollars.

5.  It Does Not Affect Groundwater

The fracking process happens underneath the groundwater table, and a liner is placed in the well to prevent leaking or seepage. Therefore, local water supplies are not contaminated. Many fracking operations take place over 2,000 feet below the groundwater tables.