URL, Louise S. Durham, "Marcellus poised for even more attention,", List of countries by recoverable shale gas, "The Impact of the Changing Global Energy Map on Geopolitics of the World", "Technically Recoverable Shale Oil and Shale Gas Resources: An Assessment of 137 Shale Formations in 41 Countries Outside the United States", "World Shale Gas Resources: An Initial Assessment of 14 Regions Outside the United States", http://aperc.ieej.or.jp/file/2015/11/25/Pathways_to_Shale_Gas_20151124.pdf, "Proposed fracking in South Africa beauty spot blasted", Kyle Younker, Jack Luft. Advance and better technology must be applied if the developer wants to utilize the shale gas. This is a list of countries by natural gas proven reserves based on The World Factbook … The increased competition from LNG, as well as the prospect of shale gas development, has given European governments leverage to negotiate price reductions from the Russian gas exporter Gazprom. In the United States, 12.9 trillion cubic meters of proved natural gas reserves were reported in 2018 and 2019.  The Danish affiliate, Total E&P Denmark B.V., and the state-owned oil and gas company Nordsøfonden have been granted two onshore licences for exploration in Northern Jutland and North Zealand.  " There is a divergence of opinion among the Weimar Triangle countries with regard to shale gas development. , In a 2013 report, the US Energy Information Administration estimated the quantity of technically recoverable shale gas for 41 countries. The seven articles in this e-book examine the shale gas … Three of the major Siberian fields, namely Yamburg, Urengoy and Medvezh’ye, account for approximately 4… A.M. Dayal, in Shale Gas, 2017. The United States is ranked second after Russia for shale oil resources and fourth after Algeria for … Countries with Highest Natural Gas Reserves.  However, this policy now has been changed under the Hydrocarbon exploration and licensing policy, which provides a uniform license for exploration of conventional and unconventional oil and gas resources and includes private participation. The best case scenario for shale gas development in Europe is one in which declining conventional production can be replaced and import dependence maintained at a level of around 60%.  Opinions polls during the same year showed however that more than 70% of Poles were in favour of exploiting their shale resources. , The Romanian government has come out in support of shale gas, citing energy independence and a decrease in the price of gas as motivations to pursue shale gas avenues. The US Energy Information Administration (EIA) has estimated shale gas at 586 Tcf against its 2011 estimates of 52 Tcf for Pakistan. Dutch Shell received a shale agreement with the government earlier As of 2012, shale gas, like coal bed methane (CBM), is not yet being developed in Indonesia. Hydraulic fracturing, or “fracking”, has transformed oil and gas production in the US, allowing the industry to tap previously inaccessible reserves in shale rock. Proven shale gas reserves also found in north-west and also north-east of Java Island. Large reserves of tight oil and gas were in the Vaca Muerta formation. The recent US Energy Information Administration study has reported that there could be enough domestic shale gas to meet the country's needs for 100 years. , In June 2013 Occupy Chevron – an anti-fracking group occupied a field near the Polish village of Żurawlów, close to the city of Zamość. administration states that its location makes it an important transit country for Russian gas supplies, and disputes have resulted in supply disruptions..  Study of an additional five sites was planned. "Pathways to Shale Gas Development in Asia-Pacific". The EIA estimated fresh recoverable shale gas reserves of 105 TCF and more than nine billion barrels of oil in Pakistan. Of the total gas imported in 2010, (17% of the country's annual consumption) 98% of imports came from Russia. Prime Minister Victor Ponta has also endorsed shale gas, saying he supports both exploration and exploitation. Producers of liquified natural gas (LNG), which in 2008 had been preparing to ship their product to the United States, had to find new markets, and so increased their exports to Europe. It looks at global oil and gas reserves, oil supply and demand, unconventional and frontier oil and gas reserves. In March 2013, Prime Minister Victor Ponta announced that the moratorium on shale gas exploration in Romania had been lifted. The US EIA estimated China’s recoverable shale gas reserves as 1115 TCF, the largest of any country in the world. Basins of preliminary interest identified by Indian geologists are the Cambay Basin in Gujarat, the Assam-Arakan basin in northeast India, and the Gondwana Basin in central India. Notwithstanding the commercial production status reached in 2013, shale gas output remains marginal and at a preliminary stage in China. ", Recent shale gas discoveries have caused a sharp increase in estimated recoverable natural gas in Canada. It is projected that … This is a list of countries by recoverable shale gas based on data collected by the Energy Information Administration agency of the United States Department of Energy. The government hopes that these new regulations will attract international as well as national investments. , A 2012 report from the European Commission states that, unlike the United States, "Shale gas production will not make Europe self-sufficient in natural gas. The first commercial gas well drilled in the US, in 1821 in Fredonia, New York, was a shale gas well producing from the Devonian Fredonia Shale formation. , In November 2012, a divided European Parliament approved committee reports which recommended that policy on developing shale gas should be set by each member country for itself, rather than by the European Parliament. , In 2009, ExxonMobil drilled the first wells for shale gas in the Makó Trough in Hungary.  This low priced feedstock for ethylene synthesis has led to a "frenzy" of new ethylene plants in the US. Can Europe join the Shale Gas Revolution? Energy Minister Constantin Niță has called for more exploration to determine the size of the shale gas deposits. Up until now there has not been a shale gas well for exploration purposes. 8.  The Karoo is estimated to have technically recoverable resource of 485 trillion cubic feet (Tcf) of gas. This NRG Expert Global Oil Reserves and Shale Oil market research report provides a comprehensive overview and analysis of the global shale oil market. , Ukraine relies heavily on Russia for its gas imports. The vital part of this new regulation is that the government now treats oil and gas as oil and natural gas. , Other companies, e.g. The country was estimated to possess about 1,688 trillion cubic feet (Tcf) of proven gas reserves as of January 2013, accounting for about one fourth of the world’s total proven gas reserves.More than half of Russia’s gas reserves are located in Siberia. , In February 2011, Enegi Oil was given an option over 495-square kilometers in the Clare Basin, in west of Ireland. The exploration licence is for biogenic gas exploration in the organic rich Alum shale formation. By early 2013, the thrill of shale gas started to transform, with less fanfare in the edition of the Strategy that year, recognizing that in spite of the considerable shale gas potential, the path of development chosen would be constrained by Mexico's legal and economic framework, with more favorable opportunities depending on the implementation of more ambitious measures, namely an energy reform that could complement the state-owned oil and gas monopoly of more than 75 years. , One major area of exploration in Canada is north of Fort Nelson, in north east British Columbia. World Shale Gas Resources: An Initial Assessment of 14 Regions Outside the United States. , A study by MIT says that natural gas will provide 40% of America's energy needs in the future, from 20% today, thanks in part to the abundant supply of shale gas. Iran – 157.8 Billion Barrels. , European Union Climate Commissioner Connie Hedegaard noted in 2013 that shale gas could be a "game changer" in helping Europe reduce greenhouse gas emissions, as the US has done, by switching from coal to less carbon-intensive natural gas. URL, Mander, Benedict and Webber, Jude (3 November 2014) "YPF courts oil major to unlock Argentine shale" the Financial Times, page 19, Companies and Markets.  Oilfield services are Most methane is currently treated as waste, but studies show that coalbed methane can be profitably used as a gas resource.  The exploration plans faced public disaffection that elevated to nationwide protests which led to the decision of the government to ban shale gas exploration in Bulgaria. Gripen Gas and Aura Energy continue to drill, prospect and report good finds. Shell obtained a larger 71,400-mi2 (185,000-km2) TCP surrounding the Falcon area, while Sunset Energy holds a 1,780 mi2 (4,600-km2) TCP to the west of Falcon. production-sharing agreement has been approved. It also reviews the economics, the environment and the major shale oil countries.  He declared "In our current state of knowledge, no one can tell that shale gas and oil extraction by hydraulic fracturing, the only technique known today, is free from serious risks to health and environment. One well cored the Alum Shale section. However, in spite of a hydrocarbons law favourable to exploring and developing companies and passed by the Argentine Senate in 2014, the Financial Times noted that "Some analysts doubt whether many companies will follow Chevron until Argentine's erratic president Cristina Fernandez, leaves power in 2015. , The flood of shale gas in North America is credited with lowering the price of natural gas in Europe. Lastly, in Papua Island, the reserves are found in Akimeugah and Bintuni. One analyst expects shale gas to supply as much as half the natural gas production in North America by 2020. Turkey has 679 billion cubic meter shale gas reserves, especially in the Southeastern Anatolia and Thrace regions, 651 billion cubic meters can be drilled in the first stage. , On 20 July 2012, Environment minister Delphine Batho confirmed that the government would maintain a moratorium on shale gas exploration, saying: "nowhere in the world it has been proven that this exploitation can be done without major environmental impact and major health risks".  Gripen Gas confirmed in October 2012 that Bergsstaten (Swedish Mines Inspectorate) had awarded the Sandön exploration licence covering 162 km2 in the western part of lake Vättern, in Östergötland County. On 8 March 2011, the Quebec provincial government effectively declared a temporary moratorium on the use of chemical fracturing during shale gas drilling pending a stricter full environment assessment audit. A Comparison between Shale Gas in China and Unconventional Fuel Development in the United States: Water, Environmental Protection, and Sustainable Development, Brooklyn Journal of International Law, Vol. in 2013 to explore in Yuzivska in the Eastern part of the country, however it halted its activities due to the Eastern Ukrainian Crisis. , The Indonesian government has established new regulations to reduce the cost of development of shale gas to ease the advancement of shale gas and bolster exploration both offshore and onshore. Shale gas contains 90% methane and 10% remaining gases like ethane, butane, and propane. "We agreed to deepen our co-operation in pursuit of clean energy technologies, including the creation of a new clean energy research centre here in India, and continuing our joint research into solar, biofuels, shale gas and building efficiency," Obama said. This new award plus the existing licences make Gripen Gas AB the principal gas explorer in Sweden at 583 km2. The top 5 countries (others are Iran, Qatar, the United States of America, and Saudi Arabia) account for 62.83% of it. The Sasol/Chesapeake/Statoil JV TCP area of 34,000-mi2 (88,000-km2) and the Anglo Coal TCP application area of 19,300 mi2 (50,000-km2) is to the north and east of Shell's TPC. dominated by Chinese companies, while the interaction with international companies experienced in the development of shale gas and supply chain solutions is minimal. Tapping shale gas resources would greatly boost Poland's proven reserves, and lessen the importance of gas imports from Russia. Romanian shale gas reserves could consolidate the country's role as the largest gas producer in Central Europe. Gripen Gas announced in April 2012 the drilling results from their Ekeby Permit, onshore Sweden.  With 4% annual production growth expected between 2010 and 2030, shale gas has been "a veritable game changer" for the United States. 2 (Barnett/Newark East) and No. , Several companies intend to explore for shale gas using hydraulic fracturing in the Karoo region. , Aura Energy's recent announcement that they are about to start drilling at their Motala shale gas project in Sweden, is further evidence of the growing interest in unconventional gas resources. , Hydraulic fracturing or 'fracking' is prohibited by moratorium despite the 30-million-euro contract signed with Chevron for the exploration of shale gas deposits in Novi Pazar. However, in spite of a hydrocarbons law favo… , In August 2010, a delegation including the director-general of hydrocarbons and officials of the oil ministry is scheduled to meet in Washington with the US Geological Survey to discuss help in identifying and exploiting shale-gas resources in India. Numbers for the estimated amount of recoverable shale gas resources are provided alongside numbers for proven natural gas reserves. Pakistan consumes 100% of natural gas that it produces, so shale gas may be an area of future growth in Pakistan.. , China has set its companies a target of producing 30 billion cubic meters a year from shale, equivalent to almost half the country's gas consumption in 2008.  In the Barnett Shale in Texas, French oil firm Total SA entered a joint venture with Chesapeake Energy, and Italy's ENI purchased an interest in Quicksilver Resources. With five shale basins preliminarily identified, the business-as-usual scenario in the Strategy encompassed the development of only one shale gas play, with the more favorable scenario adding another play. However, looking at success in US lots of other countries have started to explore their shale reserves. World Politics Review. On 15 December 2014, Chevron declared that it is pulling out of Ukraine due to the Governments inability to successfully reform the taxation system. Total has experience producing shale gas in the US. Wil VanLoh, chief executive of Quantum Energy Partners, a private equity firm that […] The draft was sent Shale gas is natural gas produced from shale, a type of sedimentary rock. As a result, the country often has a surplus of electrical power, which supports use of electric cars. Argentina: 802 tcf - In July 2013 Chevron and YPF put pen to paper on a deal worth $1.2 billion to … While Europe has no shale gas production as yet, the success of shale gas in North America has prompted geologists in a number of European countries to examine the productive possibilities of their own organic-rich shales. North America’s shale gas boom is unlikely to be replicated in other countries, according to a report published on Thursday by the UN Conference on Trade and Development (Unctad). Iran is finding itself in a bit of a sticky, or rather oily, spot. The drilling of such a well has been suspended by the Dutch government due to environmental concerns. 2, 2016, http://aperc.ieej.or.jp/file/2015/8/7/APERC_Pathways_to_shale_gas_development.pdf, "Shale gas: ONCG to drill more wells in Cambay", "Shale Gas: Could it be a new energy source? , France derives most of its electricity from nuclear power. , Shale gas, especially from the Marcellus Shale, have tested up to 16% ethane content. , During US President Obama's visit to India in November 2010, India and US decided to cooperate in the fields of clean-tech and shale gas. The nation has a … , 2011 estimates by the US Department of Energy in 2011 pegged out Polish shale reserves as the largest in Europe. This is before the investment of other oil and gas exploration companies is taken into account. 2012 estimates by the Polish Geological Institute put recoverable reserves at only around 350–750 billion cubic meters, and a 2012 assessment by the U.S. Geological Survey estimated 38.09 billion cubic meters of recoverable gas. "Pathways to Shale Gas Development in Asia-Pacific". Encana and EOG Resources are developing the area known as Horn River due to its high yield shale deposits. "Aura's Motala Project covers approximately 140 square kilometres of the Alum Shale. In 1996, shale gas wells in the United States produced 0.3×10^12 cu ft (8.5 km3), 1.6% of US gas production; by 2006, production had more than tripled to 1.1×10^12 cu ft (31 km3) per year, 5.9% of US gas production. , ExxonMobil holds 750,000 acres (3,000 km2) of leasehold in the Lower Saxony Basin of Germany, where it plans to drill 10 shale-gas wells in 2009. , Poland is highly dependent on coal for electrical generation. , Exploration is underway in Austria, where OMV is working on a promising basin near Vienna. While this reform was eventually accomplished, other challenges must be surmounted. , The company Gripen Gas completed test drillings outside Motala in the south-east of Sweden and reported that if all the gas were extracted, it would allow Sweden to keep up its current gas usage rate for 1,000 years. about issues related to shale gas activities. On 1 November 2019, following a report from the Oil and Gas Authority, the government called a halt to all fracking in the UK "with immediate effect" and warned shale gas companies that it would not support future projects. Overall, the report added 11% to world shale gas and oil reserves.  A record 4,185 shale gas wells were completed in the US in 2007. , Falcon Oil & Gas Ltd. was an early entrant into the shale gas play of South Africa, obtaining an 11,600-mi2 (30,000-km2) Technical Cooperation Permit (TCP) along the southern edge of the Karoo Basin. 13 (Antrim) sources of natural gas in the United States in terms of gas volumes produced. A number of wells have been drilled and a single shale gas well has been hydraulically fractured, but as of 2019, there has been no commercial production of shale gas in the UK. Nelson, in 2009, ExxonMobil drilled the first wells for shale gas reserves by country resources. 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