Industry report forecasts drilling of 4,000 wells over 18 years will trigger an investment bonanza
Fracking could trigger a £33bn investment bonanza and create 64,000 jobs, promises a new report for the shale industry released on Thursday and part-funded by government.
The spending would go on 50 new land-based drilling rigs, 8,000 miles of steel casing and hundreds of pumps needed over a 16-year period to 2032, according to Ernst & Young who produced the report.