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oa Unconventional Gas Resources: Economics & Developments
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, AAPG/EAGE Workshop on Tight Reservoirs in the Middle East, Oct 2013, cp-366-00019
- ISBN: 978-90-73834-62-0
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Abstract
Unconventional gas (UG) refers to natural gas resources trapped in coalbeds, shale formations and tight sand reservoirs with very low permeability (micro Darcy). UG resources, shale gas in particular, is considered as a “game changer” global gas markets. Policymakers in many countries with shale gas resources are seeking to replicate the success of shale gas in the United States. A recently published US Energy Information Administration (EIA) sponsored report shows 6,622 trillion cubic feet of technically recovered shale gas resources spread over 48 shale gas basins in 32 countries and containing almost 70 shale gas formations.