Tuesday, May 10, 2011

Estimated Shale Gas Technically Recoverable Resources for Select Basins in 32 Countries -- EIA

Extracted from the EIA's overview, World Shale Gas Resources: An Initial Assessment of 14 Regions Outside the United States, April 5, 2011

Table 1. Estimated Shale Gas Technically Recoverable Resources for Select Basins in 32 Countries, Compared to Existing Reported Reserves, Production and Consumption during 2009 -- EIA 

                             2009 Natural Gas Market1
                            (trillion cubic feet, dry basis)
Proved Natural Gas Reserves2
(trillion cubic feet)
Technically Recoverable Shale Gas Resources
(trillion cubic feet)
 Production
             Consumption
Imports
(Exports)
Europe
France
0.03
1.73
98%
0.2
180
Germany
0.51
3.27
84%
6.2
8
Netherlands
2.79
1.72
(62%)
49.0
17
Norway
3.65
0.16
(2,156%)
72.0
83
U.K.
2.09
3.11
33%
9.0
20
Denmark
0.30
0.16
(91%)
2.1
23
Sweden
-
0.04
100%
41
Poland
0.21
0.58
64%
5.8
187
Turkey
0.03
1.24
98%
0.2
15
Ukraine
0.72
1.56
54%
39.0
42
Lithuania
-
0.10
100%
4
Others(3)
0.48
0.95
50%
2.71
19
North America
United States(4)
20.6
22.8
10%
272.5
862
Canada
5.63
3.01
(87%)
62.0
388
Mexico
1.77
2.15
18%
12.0
681
Asia[-Pacific]
China
2.93
3.08
5%
107.0
1,275
India
1.43
1.87
24%
37.9
63
Pakistan
1.36
1.36
-
29.7
51
Australia
1.67
1.09
(52%)
110.0
396
Africa
South Africa
0.07
0.19
63%
-
485
Libya
0.56
0.21
(165%)
54.7
290
Tunisia
0.13
0.17
26%
2.3
18
Algeria
2.88
1.02
(183%)
159.0
231
Morocco
0.00
0.02
90%
0.1
11
Western Sahara
-
-

-
7
Mauritania
-
-

1.0
0
South America
Venezuela
0.65
0.71
9%
178.9
11
Colombia
0.37
0.31
(21%)
4.0
19
Argentina
1.46
1.52
4%
13.4
774
Brazil
0.36
0.66
45%
12.9
226
Chile
0.05
0.10
52%
3.5
64
Uruguay
-
0.00
100%
21
Paraguay
-
-

62
Bolivia
0.45
0.10
(346%)
26.5
48
Total of above areas
53.1
55.0
3%
    1,001[*]
6,622
Total world
106.5
106.7
0%
6,609

 Sources [and Notes]:
1Dry production and consumption: EIA, International Energy Statistics, as of March 8, 2011.
2 Proved gas reserves: Oil and Gas Journal, Dec., 6, 2010, P. 46-49.
3Romania, Hungary, Bulgaria.
4U.S. data are from various EIA sources.


[*Excluding the United States – D.R.]
(Please see my post "World Shale Gas Resources Outside US Assessed," here. -- D.R.) 

  

Friday, May 6, 2011

United States: Oil Production from Shale Formations, 2005-2010 -- EIA

Extracted from EIA, This Week in Petroleum, Apr 27, 2011

             [Click on bar chart to enlarge]
Operators increased North Dakota's Bakken production from less than 3,000 bbl/d in 2005 to over 230,000 bbl/d in 2010. The Bakken's share of total North Dakota oil production rose from about 3 percent to about 75 percent over the same period. At the Barnett shale in Texas, overall oil production more than tripled from 2005 to 2010. Oil production from the Woodford shale in Oklahoma surpassed 4,000 bbl/d in 2010, up 42 percent from 2009 and nearly three times 2008 volumes. At the Eagle Ford shale formation in Texas, oil production, which was negligible in 2005, approached 30,000 bbl/d in 2010 [sic]. [Update: for the Eagle Ford production, please see my post/remarks here -- D.R.] Oil production from Appalachia's Marcellus shale more than doubled in 2010 from a year earlier and has grown nearly thirteen-fold since 2007. [Please see here. -- D.R.]

(U.S. production of crude oil and lease condensate increased in 2009 and again in 2010. While much of the increase in 2009 was associated with deepwater developments in the Federal Gulf of Mexico, the increase in 2010 was led by escalating horizontal drilling programs in U.S. shale plays, notably the North Dakota section of the Bakken formation---please see my post "Domestic Oil Production Reversed Decades-Long Decline in 2009 and 2010," including remarks, here. For North Dakota's oil production in historical perspective, please see my post "North Dakota ... ," remarks below, here. For the Eagle Ford shale production and development, please see my posts here and here. -- D.R.)

OTC: Alaska Would Restore Oil Pipeline Volumes

by OGJ editors, OGJ, Houston, May 4, 2011
The state of Alaska is putting final touches on a plan to attract investment in order to restore trans-Alaska oil pipeline throughput to 1 million b/d within 10 years.

Alaska’s North Slope is still considered sparsely explored, said Daniel S. Sullivan, commissioner of the state Department of Natural Resources. The trans-Alaska oil pipeline has shipped more than 16 billion bbl since 1977, but the ANS and adjacent offshore areas are still lightly drilled.

For example, about 500 exploratory wells have been drilled in an ANS area the size of the state of Wyoming [sic], where more than 19,000 wells have been drilled, Sullivan said May 4 in Houston during the Offshore Technology Conference. Alaska’s other main producing basin, Cook Inlet, is also considered to be underexplored, he said.

The pipeline has a capacity of slightly more than 2 million b/d, which was reached in 1988. But with declines at giant Prudhoe Bay field [please see remarks below -- D.R.], Alaskan oil production had fallen to 628,000 b/d last month (OGJ, May 2, 2011, p. 133).

The state’s five-part plan starts with ensuring that Alaska has a globally competitive investment climate, Sullivan said. The state plans to streamline permitting by enacting statutory and regulatory reforms. Specifics haven’t been released.

The state will enact incentives to facilitate the next phase of ANS development, Sullivan said. That work will involve offshore and onshore heavy and viscous oil development, shale oil, and smaller pools of conventional oil and gas.

Alaska is one of a group of coastal states that seeks to improve liaison with federal agencies, Congress, and the president to promote constructive investment (OGJ Online, May 4, 2011).

Sullivan, who was Alaska’s attorney general until December 2010, noted that Alaska’s constitution provides for the maximization of the state’s natural resources. [Full story]

(Prudhoe Bay field, discovered in 1968, came on stream in 1977, rapidly increasing output until the field's maximum rate was reached in 1979 at 1.5 million barrels a day. This rate was maintained until early 1989. Field's production declined to 1.1 million barrels a day in December 1993 and further to 1 million barrels a day at the beginning of 1995. Prudhoe Bay produced an average of 855,000 barrels a day during the 1996. Production totaled approximately 475,000 barrels a day on January 1, 2004, and continued its decline. Nevertheless, the North Slope’s Prudhoe Bay field today is still the largest oil field in United States, producing nearly 300,000 barrels a day in 2010---please see my post, including remarks and map of Alaska/TAPS, here. Alaska is the second-ranked oil-producing State after Texas, when output from the Federal Outer Continental Shelf/OCS is excluded from the State totals. Alaska produced 599,000 barrels of crude oil per day in 2010, with 97% of this coming from the Alaska's North Slope/ANS. U.S. crude oil production totaled 5.51 million barrels per day in 2010. Thus, Alaska accounted for about 11% of U.S. crude oil production in 2010---please see EIA figures, here. In 1988 it was c. 25% of total U.S. crude oil production. For the latest trends in U.S. oil production, please see my post "Domestic Oil Production Reversed Decades-Long Decline in 2009 and 2010," here. -- D.R.)