• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 6 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days Hydrogen balloon still deflating
  • 2 days Renewables are expensive
  • 7 days Bad news for e-cars keeps coming
  • 10 days More bad news for renewables and hydrogen
  • 2 days How Far Have We Really Gotten With Alternative Energy
  • 23 hours EVs way more expensive to drive
  • 4 days EV future has been postponed
  • 6 days The (Necessarily Incomplete, Inarguably Ridiculous) List of Things "Caused by Climate Change" - By James Corbett of The CorbettReport.com
  • 39 days Green Energy's dirty secrets
  • 42 days Solid State Lithium Battery Bank

Breaking News:

Oil Prices Rise on Jumbo Fed Rate Cut

Turkmenistan's High Gas Prices Hinder Export Deals

Turkmenistan's High Gas Prices Hinder Export Deals

Turkmenistan's aspirations to export natural…

LNG Industry Faces Uncertain Future

LNG Industry Faces Uncertain Future

The liquefied natural gas (LNG)…

Al Fin

Al Fin

Al Fin runs a number of very successful blogs that cover, energy, technology, news and politics.

More Info

Premium Content

EIA Releases Worldwide Shale Gas Resource Report

The US EIA has released a 350 page report (51 MB PDF Download) assessing the world shale gas resources (for 32 selected nations). While the huge US shale gas bonanza is well known, the wealth of shale gas in the rest of the world was not as widely known prior to the publishing of this report.

Estimated Global Shale Gas Resources

As the technology and expertise for developing this resource spreads out from North America to Europe, Asia, South America, and Oceania, we can expect the global energy equation to change drastically -- just as it has changed recently within the US and Canada.

The location of these resources -- inside nations not typically known for their vast hydrocarbon deposits -- is a huge reason why shale gas will shake the established energy order to its foundations.

The initial estimate of technically recoverable shale gas resources in the 32 countries examined is 5,760 trillioncubic feet, as shown in Table 1. Adding the U.S. estimate of the shale gas technically recoverable resources of 862 trillion cubic feet results in a total shale resource base estimate of 6,622 trillion cubic feet for the United States and the other 32 countries assessed. To put this shale gas resource estimate in some perspective, world proven reserves5of natural gas as of January 1, 2010 are about 6,609 trillion cubic feet,6 and world technically recoverable gas resources are roughly 16,000 trillion cubic feet,7largely excluding shale gas. Thus, adding the identified shale gas resources to other gas resources increases total world technically recoverable gas resources by over 40 percent to 22,600 trillion cubic feet. _USEIA Report Summary

By. Al Fin


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News