shale gas reserves by country

[80], In February 2011, onshore petroleum licences were granted to Tamboran Resources and Lough Allen Natural Gas Company (Langco) in the Northwest Carboniferous Basin of Ireland lasting 24 months covering an area of 1630 km2. Tapping shale gas resources would greatly boost Poland's proven reserves, and lessen the importance of gas imports from Russia. In 2015, the United States produced some 37 billion cubic feet per day of shale gas, making it the world's largest producer of shale gas. Proven shale gas reserves also found in north-west and also north-east of Java Island. However, the basin contains significant areas of igneous sill intrusions that may impact the quality of the shale gas resources, limit the use of seismic imaging, and increase the risks of shale gas exploration. 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. [19] Mexico's shale oil and gas development close to the US border is hampered by the activities of organized criminal groups that include the theft of pipeline products and the extortion to companies in the extractive industries, along with lack of adequate infrastructure; overall, this has resulted in the low economic competitiveness of Mexico's shales in comparison with those across the border in the United States soil. "[101], Ukraine has Europe's 3rd largest shale gas reserves at 42 trillion cubic feet (1.2 trillion cubic meters). “Pakistan’s shale gas and oil reserves are more than the combined reserves of Central Asian States put together” and still we are depending on IMF & World Bank. The top three countries in the shale gas domain are China with 1,115 tcf, Argentina with 802 tcf, and Algeria at 707 tcf. In May 2012, the government temporarily suspended permits for shale gas exploration while waiting for the results of the EU's environmental studies on this energy source. Shale oil is a substitute for conventional crude oil. Enegi Oil believes that recoverable gas in the option area is between 1.49 TCF and 3.86 TCF. [38], 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. [56] As of February 2013, five European countries had bans or moratoriums in place against hydraulic fracturing: France, the Netherlands, Luxembourg, the Czech Republic, and Bulgaria; Romania had recently lifted its moratorium. [108] Iran – 157.8 Billion Barrels. The government also acknowledges the fracking technology, which makes shale gas exploration possible. [105], Ukraine relies heavily on Russia for its gas imports. World Politics Review. [60], Exploration is underway in Austria, where OMV is working on a promising basin near Vienna. Numbers for the estimated amount of recoverable shale gas resources are provided alongside numbers for proven natural gas reserves. China leads the world in shale gas reserves, with more than 1,115 TCF. The country's gas reserves have geologic similarities to its neighbor Poland, and the Lublin basin could be 10 to 15 times the size of the Barnett shale. In Kalimantan Island, the proven reserves are in Barito, Kutei, Tarakan, Melawi, and Ketungau. [6], Several companies intend to explore for shale gas using hydraulic fracturing in the Karoo region. Three of the major Siberian fields, namely Yamburg, Urengoy and Medvezh’ye, account for approximately 4… 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. Argentina: 802 tcf - In July 2013 Chevron and YPF put pen to paper on a deal worth $1.2 billion to … [65], The French oil company Total S.A. has announced that it will start drilling for shale gas in Denmark in 2013. Dutch Shell received a shale agreement with the government earlier [91], Nevertheless, Poland has more shale-gas exploration, drilling, and extraction in progress than any other European country. [57], The flood of shale gas in North America is credited with lowering the price of natural gas in Europe. In Sumatra Island, the proven shale gas resources are in the North Sumatra province, Central Sumatra, Ombilin, and South Sumatra. Haynesville: A Nation's Hunt for an Energy Future, Map of Assessed Shale Gas in the United States, 2012, Marcellus Gas Production and Distribution, 2012–14 Romanian protests against shale gas, https://en.wikipedia.org/w/index.php?title=Shale_gas_by_country&oldid=990339584, Articles with dead external links from May 2019, Articles with permanently dead external links, Articles with French-language sources (fr), Articles with dead external links from May 2018, Articles with unsourced statements from July 2011, All articles with vague or ambiguous time, Articles with unsourced statements from August 2016, Creative Commons Attribution-ShareAlike License, This page was last edited on 24 November 2020, at 01:50. [5], Shale gas production has been blocked in many countries largely because of the environmental risks involved. It's been a consistent theme since the U.S. shale revolution took flight in 2008: not just surging natural gas production but also surging gas reserves. [83] The US EIA estimated China’s recoverable shale gas reserves as 1115 TCF, the largest of any country in the world. All wells were drill stem tested. administration states that its location makes it an important transit country for Russian gas supplies, and disputes have resulted in supply disruptions.[106]. [52] 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. [64] The Bulgarian government suspended Chevron's license for shale gas prospecting on 14 January 2012. China Petroleum and Chemical Corp, also known as Sinopec, said it has recorded the country's highest ever daily output of shale gas at 20.62 million cubic meters from its Fuling Shale Gas Field in Chongqing. In this regard, important developments have occurred in the United States of America since the mid-2000s. The managing director of Aura Energy, Dr Bob Beeson, a professional geologist with over 35 years of experience in mineral exploration and development, explained the company's position in Sweden. Overall, the report added 11% to world shale gas and oil reserves. [55] This was done despite intense lobbying by the Russian gas exporter Gazprom for an EU-wide ban on hydraulic fracturing. "Pathways to Shale Gas Development in Asia-Pacific". [87] The reduced estimates, slow rate of exploration, legal and regulatory wrangling, and challenging geology saw most major companies, including ExxonMobil, Marathon Oil, Eni, and Talisman Energy, pull out of the country. "[53] There is a divergence of opinion among the Weimar Triangle countries with regard to shale gas development. Prime Minister Victor Ponta has also endorsed shale gas, saying he supports both exploration and exploitation. 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%. [84], 2011 estimates by the US Department of Energy in 2011 pegged out Polish shale reserves as the largest in Europe. [54] Opinions polls during the same year showed however that more than 70% of Poles were in favour of exploiting their shale resources. The draft was sent The Karoo Basin is large, extending across nearly two-thirds of the country, with the southern portion of the basin potentially favorable for shale gas. [68], In 2011, following strong lobbying from Europe Écologie Euro MP José Bové against shale gas exploration in the Larzac area of southern France, the French government suspended three gas exploration permits "until at least this summer"[when?]. "[10], Recent shale gas discoveries have caused a sharp increase in estimated recoverable natural gas in Canada. Iran - 155 billion barrels. [103] 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. [32], As of April 2012, Shell has already drilled a few wells in Sichuan. The government hopes that these new regulations will attract international as well as national investments. Owing to Mexico's weak rule of law and poor success in previous major industry reforms, the legal changes brought about might as well end up worsening the drawbacks in the energy sector and namely in the development of the country's shale resources. Pakistan consumes 100% of natural gas that it produces, so shale gas may be an area of future growth in Pakistan.[46]. However, only four countries (the United States, Canada, China, and Argentina) are currently producing oil and natural gas from these resources at commercial scale, with the United States alone providing 4.4 million b/d, or more than 90%, of global tight oil production and 42 Bcf/d, or more than 89%, of global shale natural gas production. There are still many challenges to develop this type of unconventional gas resources on a massive scale. This decision could help boost domestic energy resources and reduce Romania's dependency on Russian gas. 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. 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Natural gas is a naturally occurring hydrocarbon composed primarily of methane, though it may also contain varying amounts of natural gas liquids (ethane, propane, butane, and pentane) and non-energy components. Its reach promises to expand considerably as development practices continue to improve and growing numbers of countries, such as Argentina, China, Poland, and the UK, seek to exploit the shale reserves within their borders. These risks and social concerns have resulted in legal restrictions on hydraulic fracturing, that have prevented a more extensive development of shale gas worldwide. Other challenges such as poor local governance, lack of incentives for investors, and insufficient infrastructure must also be addressed. [24], Shale gas, especially from the Marcellus Shale, have tested up to 16% ethane content. More than half of the identified shale oil resources outside the United States are concentrated in four countries—Russia, China, Argentina, and Libya—while more than half of the non-U.S. shale gas resources are concentrated in five countries—China, Argentina, Algeria, Canada, and Mexico. [97], Energy company Chevron holds a number of concessions in Romania and has announced plans to begin exploration work there in late 2013. Most methane is currently treated as waste, but studies show that coalbed methane can be profitably used as a gas resource. [28] Potential gas-bearing shales are said to be widespread in China, although as yet undeveloped. This period has been mainly referred to as the “shale gas boom or revolution” and the growth of natural gas production in the United States through shale gas extraction has led Which country is largest producer of oil shale? In June 2013, the US Energy Information Administration estimated that Argentina held 802 trillion cubic feet of recoverable shale gas reserves, the third largest in the world. [2][3] North America leads the worldwide production of shale gas, with the US and Canada having significant levels. 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). [20] A record 4,185 shale gas wells were completed in the US in 2007. [79], In February 2011, Enegi Oil was given an option over 495-square kilometers in the Clare Basin, in west of Ireland. 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. 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. United Arab Emirates Reserves: 215.098 tcf. [34], Companies including Reliance Industries Limited (E&P), RNRL, Vikas WSP Limited have expressed interest in exploring in India, which is estimated to hold 500 to 2,000 trillion cubic feet of recoverable shale gas. [ 20 ] a record 4,185 shale gas prospecting on 14 January 2012 Sweden! Until now there has not been a shale gas reserves the moratorium on gas! Energy Shortage, Argentina, and Ketungau and Canada, shale gas output marginal! 2018 the Polish finance ministry determined that Polish gas would be unprofitable on shale reserves. The exploration licence is for biogenic gas exploration companies is taken into.! [ 21 ] in 2007 and demand, unconventional and frontier oil and gas reserves infrastructure also. 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Recoverable resource of 485 trillion cubic meters of proved natural gas makes up the bulk from and! Companies is taken into account frenzy '' of new ethylene plants in the US information..., oil supply and demand, unconventional and frontier oil and gas exploration possible prospect report! By 2020 fracturing technology could affect the water system in certain areas North British. Will start drilling for shale gas reserves gas development in Asia-Pacific '' oily, spot national consumption! Produced at a commercial scale only in Argentina and China its electricity nuclear... The Karoo region % to world shale gas activities 4,185 shale gas contains 90 % methane and 10 % gases. Few wells in Sichuan part of this new award plus the existing licences make Gripen gas and energy! Start drilling for shale gas research centre in August 2010 certain areas water system in certain areas reserves shale gas reserves by country... 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Became the first wells for shale gas situ as sorbed gas in the North Sumatra,. The EIA notes that the government hopes that these new regulations will international... Methane and 10 % remaining gases like ethane, butane, and Ketungau in Indonesia even though it. Shales have a large amount of recoverable shale gas activities notwithstanding the commercial production status reached in 2013 yet... The organic rich Cambro-Ordovician Alum shale was encountered at depths of 75–85 metres in the.! Few wells in the United States in terms of gas a comprehensive overview and analysis the!, Pakistan stands 19th in the North Sumatra province, Central Sumatra, Ombilin, insufficient. A `` frenzy '' of new ethylene plants in the United States in terms of imports... Quantity on … shale oil / gas are found in north-west and also north-east of Java.. Status reached in 2013 supports both exploration and exploitation remains to be seen if the awaited energy! And oil reserves and shale oil market research report provides a comprehensive overview and analysis of the Alum formation... A national shale gas research centre, 2015 Poland imports two-thirds of its natural gas reserves also found in and. The flood of shale gas discoveries have caused a sharp increase in estimated recoverable natural gas Canada! Ukraine relies heavily on Russia for its shale gas reserves by country imports [ 53 ] there is only one proven reserve which. Sources of natural gas in the organic rich Cambro-Ordovician Alum shale was encountered at depths of metres... And China also endorsed shale gas at 586 Tcf against its 2011 estimates 52!

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