Poland’s state-owned PGNiG and Chevron Polska Energy Resources have entered into a collaboration agreement for the first stage of shale gas exploration in southeastern Poland.
The agreement involves a total of four licenses, Chevron’s Zwierzyniec and Grabowiec and PGNiG’s Tomaszow Lubelski and Wiszniow-Tarnoszyn.
The agreement will allow the companies to start drilling an exploration well.
According to PGNiG, a joint technical committee will determine both the scope and schedule of planned exploration.
The Polish company also said the agreement will enable the companies to share the risk of the project, reduce costs, and increase exploration speed.
The PGNiG began fracking in the Markowola-1 exploration well near Kozienice in Lublin Province. In 2010 it was the country’s first shale hydraulic fracturing operation.