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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 .
Reliance Industries paid a reported US$1.7 bn for a 40% share in Atlas Energy's leasehold in the Marcellus shale gas play in the eastern US. [35] A complication to shale gas in India is that the government-issued leases for conventional petroleum exploration do not include unconventional sources such as shale gas. [36]
Shale gas is one of a number of unconventional sources of natural gas; others include coalbed methane, tight sandstones, and methane hydrates. Shale gas areas are often known as resource plays [27] (as opposed to exploration plays). The geological risk of not finding gas is low in resource plays, but the potential profits per successful well ...
Source: Wikimedia Commons The U.S. has undergone a major energy boom as a result of shale drilling, but it isn't the only nation with expansive shale gas reserves. The U.S. Energy Information ...
Despite low gas prices over much of last year, the Marcellus shale -- a vast formation that extends from southern New York to West Virginia and spans most of Pennsylvania, the eastern part of Ohio ...
US shale gas basins, 2011. Shale gas in the United States is an available source of unconventional natural gas.Led by new applications of hydraulic fracturing technology and horizontal drilling, development of new sources of shale gas has offset declines in production from conventional gas reservoirs, and has led to major increases in reserves of U.S. natural gas.
The Marcellus natural gas trend is a large geographic area of prolific shale gas extraction from the Marcellus Shale or Marcellus Formation, of Devonian age, in the eastern United States. [2] The shale play encompasses 104,000 square miles and stretches across Pennsylvania and West Virginia, and into eastern Ohio and western New York. [3]
Large discrepancies exist within oil and gas shale plays, making it difficult for energy companies to locate and produce in "sweet spots" where profit margins increase significantly. The Eagle ...