MYTH #9: “A fracked well can produce gas for over 20 years”

FACT: A conventional gas well can produce gas for about 20 years or more, whereas most fracked wells will only produce commercial quantities of gas for 1-3 years. According to Lord Oxburgh, former Chairman of Shell, “The flow rates of the majority of fracked shale gas wells halved in the first twelve months. 84% of fracking wells became uneconomic within just three years.” This is why companies have to keep drilling more and more wells just to stay in business.