World shale gas resources outside US assessed

04/11/2011
Guntis MoritisProduction EditorInitial estimated technically recoverable shale gas resources in the 32 countries assessed in an Apr. 5 report is 5,760 tcf compared with the 862 tcf in the US. The report was commissioned by the US Energy Information Administration from Advanced Resources International Inc. (ARI).The report includes 48 shale gas basins in 32 countries, containing almost 70 shale gas formations.EIA noted that world proved reserves of natural gas as of Jan. 1, 2010, are about 6,609 tcf and world technically recoverable gas resources are about 16,000 tcf, largely excluding shale gas. Thus, adding the identified shale gas resources to other gas resources increases total world t...
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