Does anyone know another country that has an abundance of natural gas?

Views: 810

Reply to This

Replies to This Discussion

Just another example of "State owned" resources. Ukraine has lot's of potential reserves problem is, like most of the world they are owned by the State.
In the U.S. almost all of the production and drilling is on private lands. Look at what the Wolf just did with State lands. Than he wants to place an additional tax on that private land production.

Russia 1688 Trillion Cubic feet of reserves

Argentina has potentially large shale plays in the early stages of development in their Neuquén Basin. However, the country has serious corruption, inflation, and currency problems.

Not to mention a history of Government confiscation of private assets.

Just makes foreign energy companies so very anxious to invest there, eh Tim? ;-)

LOL

There are shale play opportunities literally throughout the world.  What gives us the edge is that most are in  unstable, or under-developed, or extreme weather locations.  With the technology jump we have, an educated workforce, plus an ever-growing infrastructure of "the latest" ... whatever is needed.  Our abundance can be overshadowed if the game of "catch-up" is won by another country, and we surely will be matched some day.

Question from OP:  

"Does anyone know another country that has an abundance of natural gas?"

Answer:  Canada

Reference:  Canadian natural gas

My guesstimation is that Canadian natural gas resources have not, at this time, all been discovered.

Many of our O&G resources are known within the industry but not being developed because more technology is needed, so why advertise them?  For sure technological increases will find additional plays, and even more uses for our nat gas.

Old time drillers along the PA/ NY border spoke of our "deep" resources over 50 yrs. ago as they watched the big players move on to OK and TX and beyond.  They said back then that when technology catches up companies will return.

RSS

Local Groups





Blog Posts

Shale Gas News – October 21, 2017

Posted by Thomas J Shepstone on October 23, 2017 at 9:10am 0 Comments

The Shale Gas News, heard every Saturday at 10 AM on 94.3 FM, 1510 AM and Sundays on YesFM, talked about seismic testing, wastewater recycling, microturbines and much more last week.

The Shale Gas News has grown…

Continue

Events

October 2017
SMTWTFS
1234567
891011121314
15161718192021
22232425262728
293031
       

© 2017   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service