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Because proven reserves include oil recoverable under current economic conditions, nations may see large increases in proven reserves when known, but previously uneconomic deposits become economic to develop. In this way, Canada's proven reserves increased suddenly in 2003 when the oil sands of Alberta were seen to
Due to constant announcements of shale gas recoverable reserves, as well as drilling in Central Asia, South America, Africa, and deepwater drilling, estimates are updated frequently. Since 2000, some countries, notably the US and Canada, have seen large increases in proven gas reserves due to development of shale gas , but shale gas deposits in ...
Reserves of natural gas were found offshore the Gaza Strip in the year 2000, within the framework of licensing to British Gas by the Palestinian National Authority. [1] The discovered gas field, Gaza Marine, though mediocre in size, had been considered at the time as one of the possible drives to boost Palestinian economy and promote regional cooperation.
In 1999, BG Group was granted an exploration licence by the PA, and in 2000 the company discovered natural gas about 36 kilometres (22 mi) offshore in the Mediterranean Sea in the Gaza Marine gas field. As of 2021, exploitation of the gas field is still subject to negotiations.
Countries where natural gas fields are located. This list of natural gas fields includes major fields of the past and present. N.B. Some of the items listed are basins or projects that comprise many fields (e.g. Sakhalin has three fields: Chayvo, Odoptu, and Arkutun-Dagi).
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. [1] Numbers for the estimated amount of recoverable shale gas resources are provided alongside numbers for proven natural gas reserves .
Today, Southeast Asia is some of the most active area of offshore exploration in the world. [3] The impetus behind this in recent decades can be largely attributed to three phenomena: technological innovations in the industry, political developments in Southeast Asia and the Middle East, and the emergence of Japan as a hot-spot for petroleum trade operations.
The East Natuna gas field is located in the Greater Sarawak Basin (East Natuna Basin) about 1,100 kilometres (680 mi) north of Jakarta and 225 kilometres (140 mi) northeast of the Natuna Islands covering approximately 310 square kilometres (120 sq mi). The reservoir is at a water depth of 145 metres (476 ft) within the Miocene Terumbu Formation ...