IV. Northern South America EIA/ARI World Shale Gas and Shale Oil Resource Assessment May 17, 2013 IV-1 IV. NORTHERN SOUTH AMERI CA SUMMARY Northern South America has prospective shale gas and shale oil potential within marine-deposited Cretaceous shaleformations in three main basins: the Middle Magdalena Valley and Table 9.3 used for tight oil and Table 9.2 dry unproved natural gas (shale gas) resource estimate was multiplied by 1.045 so as to include natural gas plant liquids for an unproved wet natural gas volume. 2,3Corrected data inaccuracy in EIA/ARI 2013 world shale report. See Attachment A. Table 9.3 used for tight oil and Table 9.2 dry unproved natural gas (shale gas) resource estimate was multiplied by 1.045 so as to include natural gas plant liquids for an unproved wet natural gas volume. 2,3Corrected data inaccuracy in EIA/ARI 2013 world shale report. See Attachment A. However, China’s shale oil resources tend to be waxy and are stored mostly in lacustrine-deposited shales, which may be clay-rich and less favorable for hydraulic stimulation. The shale gas and shale oil resource assessment for China represents a major upgrade from our prior year 2011 EIA/ARI shale gas assessment. www.adv-res.com CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): Figure IV-1. The organic-rich Cretaceous shales (La Luna, Capacho, and Gacheta) sourced much of the conventional gas and oil produced in Colombia and western Venezuela, and are similar in age to the Eagle Ford and Niobrara shale plays in the USA. Ecopetrol, ConocoPhillips, ExxonMobil, Shell, and others have initiated
Comparison with existing European Resource assessments . The resource assessment of shale gas and shale oil is performed within Task 7 of the calculated in this study, Poland; total recoverable resources for the EIA values, Advanced Resources International (ARI), (2011) world shale gas resources: an initial.
Table 9.3 used for tight oil and Table 9.2 dry unproved natural gas (shale gas) resource estimate was multiplied by 1.045 so as to include natural gas plant liquids for an unproved wet natural gas volume. 2,3Corrected data inaccuracy in EIA/ARI 2013 world shale report. See Attachment A. However, China’s shale oil resources tend to be waxy and are stored mostly in lacustrine-deposited shales, which may be clay-rich and less favorable for hydraulic stimulation. The shale gas and shale oil resource assessment for China represents a major upgrade from our prior year 2011 EIA/ARI shale gas assessment. www.adv-res.com CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): Figure IV-1. The organic-rich Cretaceous shales (La Luna, Capacho, and Gacheta) sourced much of the conventional gas and oil produced in Colombia and western Venezuela, and are similar in age to the Eagle Ford and Niobrara shale plays in the USA. Ecopetrol, ConocoPhillips, ExxonMobil, Shell, and others have initiated resource bas S. shale gas overable sha EIA/ARI repo orld shale oil, technically e of 287 billi shale oil coverable sh rrels. s and Shale Oil Reso Results utive Summary and logy, I. Canada, II. N. South America, V. Other S. South Am Lithuania and Kalinin urope (Bulgaria, Rom gdom, XII. Spain, XII urope, XIV. Morocco ra and Mauritania), II. Libya EIA: Amount of Technically Recoverable Global Shale Resources Grows. The U.S. Energy Information Administration (EIA) has increased its estimate of technically recoverable global shale gas resources by 10 percent from its 2011 estimate of 6,622 trillion cubic feet (Tcf) to 7,299 Tcf. If the AEO2018 reference case projections are compared to the EIA’s most recent assumptions of proven reserves plus unproven resources, tight oil production would extract 96% of remaining tight oil and shale gas production would extract 77% of remaining shale gas by 2050, even though unproven resources (which are 86% of remaining potential
IV. Northern South America EIA/ARI World Shale Gas and Shale Oil Resource Assessment May 17, 2013 IV-1 IV. NORTHERN SOUTH AMERI CA SUMMARY Northern South America has prospective shale gas and shale oil potential within marine-deposited Cretaceous shaleformations in three main basins: the Middle Magdalena Valley and
EIA/ARI World Shale Gas and Shale Oil. Resource Assessment; Technically Recoverable Shale Gas and Shale Oil Resources: An. Assessment of 137 Shale
Technically Recoverable Shale Oil and Shale Gas Resources estimates that shale resources considered 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 (see Table 1). ). While the current report considers more shale
The Evolving Global Energy Landscape and the Emergence of Shale Gas the plunge, despite assessed quantities of shale re- sources. These reasons include is predicted to grow by 56 per cent (EIA, 2013), and both Saudi Arabia and Russia as the world´s top oil cent estimates made in the EIA/ARI Study, Europe's.
XIX. South Africa EIA/ARI World Shale Gas and Shale Oil Resource Assessment June, 2013 XIX-2 The Permian-age Ecca Group, with its organic-rich source rocks in the Lower Ecca Formation, is the primary shale formation addressed by this assessment. Of particular interest
2 Jun 2013 world shale oil resources and 7,299 trillion cubic feet of world shale gas The ARI assessment of shale formations presented in this report, 14 Dec 2015 The resource estimates of these four countries, in addition to the other countries previously assessed in the 2013 EIA/ARI report on shale EIA/ARI World Shale Gas and Shale Oil Resource Assessment. June, 2013. 5. Table 2A. Risked Shale Gas In-Place and Technically Recoverable: Seven