Sep 25, 2015 the 2015 report estimated there was 622. Shale gas production by play from 2010 through june 2016. The main difference between tight gas and shale gas, however, is that tight gas can be found in low permeability sedimentary rocks, such as sandstones, while shale gas rocks are usually impermeable 2 royal dutch shell plc. Shale gas exploration and production key issues and. Wettability is an important rock property as it affects the recovery and stimulation methods and the quantity of hydrocarbon recovered. Shale gas is a natural gas that is removed from rock by forcing liquid and sand into the. Thank you for this opportunity to update my 2012 report on shale gas wastewater production and.
From the beginning, some harbored great expectations for a shale gas boom in the southern tier. How to play the largest shale gas reserves in the world. The socalled shale gas revolution has already had a transformative impact on the u. The book also examines the issues regarding the nature of shale gas development, the potential environmental impacts. Chad, kazakhstan, oman and the united arab emirates uae and are available as supplemental chapters to the 20 report technically recoverable shale oil and shale gas resources.
Shale gas developmentsummary of shale gas wastewater treatment and disposal in pennsylvania 2014 dear mr. First, natural gas is a key feedstock for chemicals and plastics and a significant cost in the manufacture of primary metals, paper, synthetic textiles, and other products. Oil shale economics deals with the economic feasibility of oil shale extraction and processing. Shale gas was first extracted as a resource in fredonia, ny in 1821. The executive summary of these recommendations is presented in annex c. Coordination of the numerous bodies with regulatory responsibilities for shale gas extraction must be maintained.
Access to vast new supplies of american natural gas from shale deposits is one of the most exciting domestic energy developments in decades, particularly for the business of chemistryenergy policies must enable access to this immense supply of natural gas while protecting the environment. The eus dependence on gas imports is expected to increase with declining indigenous production of conventional gas. This contrasts with a conventional gas reservoir produced from sands and carbonates such as. This expectation is based upon recent experience in the united states, where the unprecedented growth in production over the last five years has led to oversupply and. To maximize the national benefits of shale gas, energy policy must avoid undue restrictions on natural gas supplies from shale deposits. How is shale gas different from conventional oil and gas. Through the shale gas reporter, we are dedicated to giving our readers unbiased and reliable information on shale gas development. Jan 24, 2014 a report in september by david mackay, the chief scientific adviser at the department of energy and climate change, looked in detail at the impact of shale gas on greenhouse gas emissions. The largest revolution the energy landscape has seen in two decades. Shale gas definition and meaning collins english dictionary. World shale resources grow with reserves in new countries. This report considers these claims and assesses them against various counter claims. But much of this natural gas is trapped in deeply buried shale rock formations, and can only be tapped with special.
In a 20 report,independent consultancies poyry management consulting and cambridge econometrics quantified for the first time how much europes economy could benefit from domestic shale gas production. In the first six months of 2014, natural gas production was up 12% compared to the last six months of 20. Effects of shale gas sector development on other economic sectors. Energy information administration, annual energy outlook 2015 assumptions report. Americas shale natural gas production is taking off. The ongoing rise of shale gas boston consulting group. But much of this natural gas is trapped in deeply buried shale rock formations, and can only be. But with shale gas, prices should only about double. Energy returned on energy invested eroei shale oil and shale gas this is actually a followup to questions regarding energy return on investment in shale plays. The study performed by an interdisciplinary team of the bureau of economic geology jackson school of geosciences, the university of texas at.
Shell formed a joint venture with petrochina and was the first to win a shale gas contract with china. Final report on update and enhancement of shale gas outlooks. On 21 september 2012, the iod published a report, britains shale gas. By far, shale gas will be the biggest driver of the growth in natural gas production. Estimate risked shale gas and shale oil resource inplace. The shale input also reduces electricity price growth by 5 percent in 2030 and 10 percent in 2045, compared to a scenario without shale gas. The book is a key reference that is useful for researchers, the oil and gas industry, and policymakers in gas producing and prospective countries. For gas generated by oil shale pyrolysis and also referred as shale gas, see oil shale gas.
Annual net addition of new producing wells for major shale gas plays, 2010 through june 2016. The myths and realities of shale gas exploration gov. We offer prefabricated pump stations in prefabricated buildings, as well as other configurations. State oversight of hydraulic fracturing is appropriate since state governments have the knowledge to oversee the process in their jurisdictions. As of 20, the us, canada, and china are the only countries producing shale gas in commercial quantities. Oct 09, 2014 an abundance of cheap natural gas helps manufacturers in two main ways. Us technically recoverable shale oil and shale gas unproved resources, 2012 table 3 2. A report in september by david mackay, the chief scientific adviser at the department of energy and climate change, looked in detail at the impact of shale gas on greenhouse gas emissions. In total, the report assessed 48 shale gas basins in 32 countries, containing almost 70 shale gas formations.
Methods of estimating shale gas resources comparison. Americas shale natural gas production is taking off sort. Greenpeaces 10m high fracking rig outside the houses of parliament. Read the royal societys 2018 study into shale gas research carried out since 2012. Faced with declining natural gas production, the federal government invested in many supply alternatives, including the. The bowland shale, the largest potential shale gas area in the uk, is just 500 square miles almost 200 times smaller. Shale gas was first extracted as a resource in fredonia, new york, in 1821, in shallow, lowpressure fractures. This report illustrates these emerging risks and offers ideas for finding solutions at the. Eiaari world shale gas and shale oil resource assessment.
Jun 07, 2016 greenpeaces 10m high fracking rig outside the houses of parliament. Decisions are soon to be made about shale gas extraction continuing in the uk. S federal price controls on natural gas led to shortages in the 1970s. Spe references csugspe 1pp shale gas modeling workflow. Will i get free natural gas if i allow fracking on my property. We would like to show you a description here but the site wont allow us. Jan 03, 2012 but with shale gas, prices should only about double. Breakthroughs in drilling techniques have made china one of the top shale gas suppliers in the world.
Eiaari world shale gas and shale oil resource assessment 3 our resource assessment methodology 1. The lehigh valley business and shale directories are pleased to present the shale gas symposiuma mustattend event on october 8th at the ag hall in allentown. Data on shale gas decline rates is sparse given their commercial sensitivity, but b constants between 1. Most notably, china, the worlds biggest energy consumer and the worlds largest shale gas resource holder, has set an aggressive plan to follow america to boost its shale gas output from near zero in 2012 to 6. Shale gas is sometimes referred to as unconventional gas or as occurring in continuous gas accumulations. Shale is a sedimentary rock found in huge deposits across the world. Define prospective area and risk factors for each shale formation. Average firstsixmonths well production by year for major shale gas plays, 201120167 figure 5. Shale gas is the term often used to describe both tight gas and shale gas resources. Shale gas and eu energy security european parliament.
Shale gas innovation and commercialization center ben franklin technology partners 200 innovation blvd, state college, pa 16803 re. Download us shale gas industry analysis linkedin slideshare. Shales have become one of the leading unconventional gas resources in the world today, but a detailed understanding of their petrophysical properties still eludes most researchers. Horizontal utica point pleasant well activity in ohio via. The energy department issued a report monday estimating that the nations prolific shale formations will yield 59. The effects of shale gas exploration and hydraulic. Unless otherwise stated, all prices in this report are in nominal terms. In the end it was a bust that never got off the ground. These assessments cover the most prospective shale gas resources in a select group of countries that demonstrate some level of relatively nearterm promise and for basins that have a sufficient amount of geologic data for resource analysis.
Shale gas and liquids committee annual report report contains information about specific shales. The book is a key reference that is useful for researchers, the oil and gas industry, and. Deep shale oil and gas provides an introduction to shale gas resources as well as offer a basic understanding of the geomechanical properties of shale, the need for hydraulic fracturing, and an indication of shale gas processing. Just how far prices drop is impossible to say, but some estimates suggest that, minus shale gas, the projected price of natural gas in the u. It is increasingly claimed that the world is entering a golden age of gas, with the exploitation of unconventional resources, and in particular shale gas, expected to transform gas markets around the world. Shale gas formations are unconventional reservoirs i. Although usually oil shale economics is understood as shale oil extraction economics, the wider approach evaluates usage of oil shale as whole, including for the oilshalefired power generation and production of byproducts during retorting or shale oil upgrading processes.
Us shale gas reserves by state billion cubic feet, 20072012 table 3 3. Department of energy energy information agency eia projects that by 2035 shale gas. Frequently asked questions about shale gas and hydraulic. Nov 21, 2014 shale is a sedimentary rock found in huge deposits across the world. Some companies will provide a hookup, others require the landowner to. Information for gas leasing, state regulations and chesapeake energy contacts ohio shale info ohio department of natural resources ohio environmental protection agency the ohio state university extension pennsylvania shale info penn state marcellus center for outreach and research pennsylvania department of environmental protection pennsylvania public utility commission impact fee. Natural gas from shale formation the evolution, evidences. The us is also expected to provide 75% of the growth in liquified natural gas supplies. Review of the potential public health impacts of exposures. Exploitable reserves are currently estimated at 206,000 billion cubic metres. Procedia earth and planetary science 7 20 863 866 barnett, haynesville, bakken, fayetteville, woodford, utica, and marcellus shale formations figure 1. Aug 26, 2014 the lehigh valley business and shale directories are pleased to present the shale gas symposiuma mustattend event on october 8th at the ag hall in allentown. Information for gas leasing, state regulations and chesapeake energy contacts ohio shale info ohio department of natural resources ohio environmental protection agency the ohio state university extension pennsylvania shale info penn state marcellus center for outreach and research pennsylvania department of environmental protection pennsylvania public utility commission impact fee information.
While north american natural gas prices are low, asia is a very lucrative market for drygas producers. Second, cheap natural gas has a salutary effect on power costs at u. Energy returned on energy invested eroei for shale oil. This graph shows the expected increase in shale gas production as compared to other forms of natural gas. Conduct geologic and reservoir characterization of major shale basins and formations. Aug 14, 2017 the energy department issued a report monday estimating that the nations prolific shale formations will yield 59. Exploitable reserves are currently estimated at 206,000 billion cubic metres, roughly the equivalent of conventional gas reserves. Shale gas development in the united states shale formations across the u. Exploration and environmental and economic impacts explores the shale gas exploration and production activities that are increasing globally, also presenting a basic understanding on the geological, geochemical, and geophysical aspects. The shale gas resources assessed in this report, combined with eias. How to play the largest shale gas reserves in the world the.
In particular, several cases of felt earthquakes with mw 3 related with hydraulic. Shales debtfueled drilling boom is coming to an end. The simple answer is probably best answered with a rhetorical question. From microseismic to simulation a horn river case study o joint paper with cmg and nexen iptc14940 evaluation in data rich fayatteville shale gas plays integrating physicsbased reservoir simulations with data driven approaches for. Organicrich shales are the primary source rocks for oil and gas. Shale gas exploration and production key issues and responsible business practices guidance note for financiers 1executive summary 3 i nf or mati l y sh egs x cuk. Shale case studies multistate shale research collaborative. Which companies are the biggest shale players in the u.
The first edition was released in 2011 and updates are released on an ongoing basis. What has happened to the report on shale gas by the uk climate change committee. Horizontal drilling began in the 1930s, and in 1947 a well was first fracked in the u. But, the process of connecting your property to the gas source may be more complicated. Of course this is just a two dimensional example, but it gives you a sense. Shale gas act analysis and resources page content the general assembly approved hb 1950 in february 2012, providing for a shale gas impact fee and other matters relative to regulation of shale gas development, which was signed into law as act of 2012. Researchers with the multistate shale research collaborative set out to document the impact of shale drilling on the economy, community, government agencies, and human services in four counties with significant shale development carroll county in ohio, greene and tioga counties in pennsylvania, and wetzel county in west virginia. Although usually oil shale economics is understood as shale oil extraction economics, the wider approach evaluates usage of oil shale as whole, including for the oil shale fired power generation and production of byproducts during retorting or shale oil upgrading processes.
To put this shale gas resource estimate in some perspective, world proven reserves5of natural gas as of january 1, 2010 are about 6,609 trillion cubic feet,6 and world technically recoverable gas. Permeability refers to the capacity of a porous, sediment, soil or rock in this case to transmit a fluid. Some companies allow property owners a yearly free gas allowance. Technically recoverable shale oil and shale gas resources eia. Browse the independents complete collection of articles and commentary on shale gas.
Attention must be paid to the way in which risks scale up. That would make china the largest shale gas play in the world. Shale gasact analysis and resources page content the general assembly approved hb 1950 in february 2012, providing for a shale gas impact fee and other matters relative to regulation of shale gas development, which was signed into law as act of 2012. I began learning the full implications of the shale gas story one day in early may, 2008, when several visitors came to. Exponential and hyperbolic decline curves with equal initial production and decline rate. A report released last month by ihs global insight, a global research firm commissioned by americas natural gas alliance, shows similar results.