Sentences with phrase «recoverable gas»

The ongoing shale gas revolution [600 % higher recoverable gas reserves globally than were on the books just 5 years ago!]
The total worldwide technically recoverable gas resources are roughly 16,000 trillion cubic feet, largely excluding shale gas.
It is critical to note that the 1995 assessment only dealt with estimating the in - place volume of gas with hydrates, whereas this more recent assessment dealt only with technically recoverable gas
DOE was to do a speedy analysis that could ease public concern and start the industry down a more sustainable path as it tries to develop the 800 trillion cubic feet of technically recoverable gas in the shale.
Questions emerged last summer after the U.S. Geological Survey cut by nearly 80 percent estimates of recoverable gas in the Marcellus Shale, a sprawling gas formation in the Northeast.
This past April, the United States Energy Information Agency released an estimate that fracking has effectively increased the volume of recoverable gas in the world six times over, to the point where it could satisfy current demand for 250 years — and that isn't counting a number of countries including Russia where the necessary geological data were unavailable.
The company has estimated a gas reserve of 35 million cubic feet of recoverable gas if the well proves commercial.

Not exact matches

Adam Sieminski, head of the department's Energy Information Administration, said: «Today's report indicates a significant potential for international shale oil and shale gas, though the extent to which technically recoverable shale resources will prove to be economically recoverable is not yet clear.»
Reports suggest that this area could hold «recoverable reserves» of upwards of 48 billion barrels of oil and 141 trillion cubic feet of gas.
Technological advancements have just pushed the boundaries of recoverable oil and gas in the U.S. further, according to an announcement by the U.S. Geological Survey.
«We now have knowledge and comfort that we have an incredible resource base — technically recoverable resources of 3,000 trillion cubic feet,» said Rita Beale, IHS senior director of power, gas, coal and renewables.
«No - one can say what the impact might be on gas prices in the UK, but we shall not see serious production for at least 10 years even if the reserves are both proven and economically recoverable.
In its 2012 energy outlook, EIA slashed its estimate of unproved technically recoverable shale gas nearly in half to 482 trillion cubic feet, still a 20 - year supply based on today's U.S. consumption.
But it remains to be seen if this gas is recoverable or good for burning.
There is up to 24 billion barrels of recoverable oil and gas left under the North Sea that could kick - start Scotland's future as an independent nation
This new cold war is all about trade and resources: According to a 2008 study by the U.S. Geologic Survey, the Arctic has 20 percent of the planet's undiscovered and recoverable oil and natural gas deposits.
The EIA expects that nearly half of all the «technically recoverable resources» of shale gas identified so far would be consumed by 2030.
quote: «Not every acre of land under lease contains commercially recoverable oil or natural gas resources.
Apart from these unrecoverable sources of fossil fuel the Arctic is also endowed with large amounts of recoverable oil and natural gas.
From their PR release: The Committee's year - end 2012 assessment of 2,384 Tcf includes 2,226 Tcf of gas potentially recoverable from «Traditional» reservoirs (conventional, tight sands and carbonates, and shales) and 158 Tcf in coalbed reservoirs.
The U.S. Energy Information Agency (EIA) reports that over 1,300 trillion cubic feet of technically recoverable shale and tight natural gas and 89 billion barrels 9 of technically recoverable shale oil resources currently exist in discovered shale and tight sandstone plays.
Temperature increases in the Arctic of a just few degrees could unleash the huge storehouse of methane, which some have estimated would be comparable to burning all recoverable stocks of coal, oil, and natural gas.
The Arctic contains the world's largest remaining conventional, undiscovered oil and natural gas, estimated at 13 percent of recoverable oil and 30 percent of recoverable natural gas resources.
Proved reserves of oil and natural gas are volumes that geologic and engineering data demonstrate with reasonable certainty to be recoverable under existing economic and operating conditions.
While natural gas reserves reached another record in 2014 and oil reserves were the highest since 1972, the technically recoverable resources from which they came are enormous and will continue to supply proved reserves for Americans for decades to come.
[iii] According to the EIA report, the United States has recoverable oil resources that are 36 times larger than its proved oil reserves and recoverable natural gas resources that are 7 times larger than its proved natural gas reserves for 2014.
EIA estimates that China holds the largest reserves of technically recoverable shale gas in the world, and China was among the first countries outside of North America to develop its shale resources.
A new EIA report shows that shale resources in the United States and worldwide represent 10 percent of the world's crude oil and 32 percent of the world's technically recoverable natural gas resources.
As shown in Table 1, estimates in the updated report taken in conjunction with EIA's own assessment of resources within the United States indicate technically recoverable resources of 345 billion barrels of world shale oil resources and 7,299 trillion cubic feet of world shale gas resources.
Comparison of the 2011 and 2013 reports ARI report coverage 2011 Report 2013 Report Number of countries 32 41 Number of basins 48 95 Number of formations 69 137 Technically recoverable resources, including U.S. Shale gas (trillion cubic feet) 6,622 7,299 Shale / tight oil (billion barrels) 32 345 Note: The 2011 report did not include shale oil; however, the Annual Energy Outlook 2011 did (for only the U.S.) and is included here for completeness.
Technically Recoverable Shale Oil and Shale Gas Resources: An Assessment of 137 Shale Formations in 41 Countries Outside the United States
The US Arctic Alaska Petroleum Province holds mean estimates of undiscovered, technically recoverable oil and gas resources of nearly 30 billion barrels of oil, about... Read more →
Many oil and gas companies have restricted their climate analyses to proven reserves — volumes of oil and gas that are currently economically recoverable with a high degree of confidence.
shale) for «inferred total recoverable» oil and gas at 5,100 bbl and 490 trillion cubic meters, respectively, I end up with a maximum possible CO2 level (from human fossil fuel combustion) of 980 ppmv.
The part of these resources that become economically recoverable resources will depend on the market price of natural gas from foreign sources, including both pipeline gas and liquefied natural gas, as well as the capital and operating costs and productivity of shale gas production within China.
China's technically recoverable shale gas resources are estimated at 1,115 Tcf.
Climate threshold - The point at which external forcing of the climate system, such as the increasing atmospheric concentration of heat - trapping gases (greenhouse gas es), triggers a significant climatic or environmental event which is considered unalterable, or recoverable only on very long time - scales, such as widespread bleaching of corals or a collapse of oceanic circulation systems.
ENERGY OVERVIEW Energy Minister: Ernesto Martens Rebolledo Head of PEMEX: Raul Munoz Leos Proven Oil Reserves (1 / 1 / 03E): 12.6 billion barrels (see Reserves and Production) Oil Production (2002E): 3.6 million barrels per day (bbl / d), of which 3.18 million bbl / d was crude Oil Consumption (2002E): 1.93 million bbl / d Net Oil Exports (2002E): 1.68 million bbl / d Crude Oil Refining Capacity (1 / 1 / 03E): 1.7 million bbl / d Natural Gas Reserves (1 / 1 / 03E): 8.8 trillion cubic feet (Tcf)(see Reserves and Production) Natural Gas Production (2000E): 1.33 Tcf Natural Gas Consumption (2000E): 1.38 Tcf Recoverable Coal Reserves (2000E): 1.3 billion short tons Coal Production (2000E): 10.86 million short tons Coal Consumption (2000E): 13.41 million short tons Net Coal Imports (2000E): 2.55 million short tons Electric Generation Capacity (2000E): 38.9 million kilowatts Net Electricity Generation (2000E): 194.37 billion kilowatthours (bkwh); 74 % thermal, 18 % hydro, 5 % nuclear, 3 % other Net Electricity Consumption (2000E): 182.8 bkwh Net Electricity Imports (2000E): 2.07 bkwh
Examples of recoverable waste heat include cooling circuits in and exhaust gases from diverse sources such as steel mills, cement plants and combustion engines.
The Beaufort and Chukchi seas off the coast of Alaska contain more technically recoverable oil and natural gas than the Atlantic and Pacific coasts combined, according to government estimates.
Two days ago, the New York Times reported that the French Parliament is «leaning» towards a ban on hydraulic fracturing, the American - made technological revolution in production that has vastly increased the known economically recoverable global reserves of natural gas.
Access to the world's largest remaining conventional, undiscovered oil and natural gas reserves — 13 percent of recoverable oil and 30 percent of recoverable natural gas resources — is at stake.
Vast quantities of coal — proven to exist — remain in the ground — but not included on the reserve tally because they are not economically recoverable at current prices — in part due to the availability of oil and natural gas.
Estimates of Recoverable Oil and Gas 30 Years Old Any future drilling will not actually occur for a number of years, and it's not known with much degree of precision who much recoverable oil is in the areas toRecoverable Oil and Gas 30 Years Old Any future drilling will not actually occur for a number of years, and it's not known with much degree of precision who much recoverable oil is in the areas torecoverable oil is in the areas to be opened.
We have about 2.744 quadrillion cubic feet of technically recoverable natural gas.
Today's paper compares this allowable carbon budget with scientists» best estimate of how much oil, gas and coal exist worldwide in economically recoverable form, known as «reserves».
Working on an off - specification gas dispute in relation to a field in the North Sea and advising on whether losses were recoverable under the terms of a Gas Sales and Purchase Agreemegas dispute in relation to a field in the North Sea and advising on whether losses were recoverable under the terms of a Gas Sales and Purchase AgreemeGas Sales and Purchase Agreement.
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