The Risk Management Tool Box Blog

Western Australian Frac Regulations

Graham Marshall - Friday, February 14, 2014

Western Australia is thought to contain around 20 per cent of the World's recoverable shale gas reserves.

So the process of Hydraulic Fracturing (so called "frac" or "fracking") of shale to release the gas is likely to become a widespread practice in coming years.

In response, the WA Department of Mines and Petroleum (WA DMP) has released its new draft Regulations for Hydraulic Fracture Stimulation to address water monitoring and gas well management.

The draft Regulations are open for public comment through to the end of May 2014.

Overall, more than 780 wells have already been fracked in WA since the first frac-job on Barrow Island in 1958.

It is thought that commercial exploitation of shale gas in WA is 5-10 years away.

Environment Agency Incident Hotline

Graham Marshall - Friday, February 07, 2014
The UKs Environment Agency has a new Incident Hotline for members of the public to report pollution incidents that they may see.  The new number is 0800 807060.

Risk Tool Box Fifth Anniversery

Graham Marshall - Saturday, February 01, 2014

Today, the 1st February 2014 marks the fifth year since the Risk Management Tool Box Pty Ltd started trading.

We've had five great years, and all thanks to our cornerstone customers at Hess, Santos, Eni and Fremantle Ports.

The business has grown from strength to strength over the previous five years; and we now hold a major Purchase Order for at least a year's worth of work in the USA; so the immediate future looks bright.



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