148
39
th
Annual Report
and conventional reserves combined could cover 35- 65 years of the
country
’
s demand for natural gas, according to a Polish Geological
Institute. This is lower than a projection in an earlier U.S. government
study, though the institute did indicate Poland has enough of the fuel
to become a gas exporter
i
.
In
India
, the US Geological Survey has estimated India’s
technically recoverable shale gas resource at 6.1 trillion cubic feet
in three of the country’s 26 basins and said oil potential in shale also
exists
ii
.
In
China
, China Petroleum & Chemical Corp. said analysis at a
test well in Sichuan province, showed evidence of a large amount of
shale gas. The Yuanba 21 well is capable of producing 507 thousand
cubic meters per day (about 18 million cubic feet per day) of gas
iii
.
China has an estimated 25.08 trillion cubic meters of potentially
recoverable shale gas reserves (886 trillion cubic feet).
In
Canada
, Suncor Energy says bitumen production from the first
three phases of its Firebag in situ project in Alberta reached design
capacity of 120 thousand barrels per day at the end of 3Q, 2012.
Third- quarter average production was 113 thousand barrels per
day at the Firebag complex, more than double the output during the
comparable quarter of 2011. Firebag, in the northern Athabasca oil
sands region, produces via steam-assisted gravity drainage. Suncor
expects the fourth phase of production to reach 180 thousand barrels
per day when the fourth phase reaches capacity
iv
.
In the
USA
who leads the unconventional oil and gas resources
developments in the world, the U.S. Geological Survey has for
the first time estimated the potential of undiscovered, technically
recoverable onshore shale oil and gas resources in Alaska’s North
i
Dow Jones Newswires, 04/03/2012
ii
Oil and Gas Journal, 1/8/212
iii
World Oil, 8/3/2012
iv
Oil and Gas Journal, 23/10/2012
