Thursday, August 15, 2013

European shale gas development irrational joy cooling

Indeed, many countries have recently launched  shale gas  "boom" shook the global geopolitical foundation. U.S. shale gas in its native success, both on the gas supply to Europe the world's first gas power - Russia posed a challenge, but also because other countries have started to develop shale gas in the planning, the global eco- Environmental Protection will face even greater challenges.

Experts had predicted: "Now the turn of Europe, especially Poland, the large-scale exploitation of shale gas, which exports to the EU will give a lot of oil and gas resources of the Russian challenge."

However, according to Bloomberg reporter Joe Carroll reports, "Exxon Mobil in Poland shale gas drilling trials did not yield positive results." Fracturing proppant The world's largest private natural gas companies - Exxon Mobil issued a statement, the "favorable conditions for recognition in Poland shale gas wells drilled after two and did not give enough volume." The company also said that "the whole outlook for shale gas development in Europe, shale gas ring true does not bode well."

Previously, the famous American energy research firm Bernstein informed to its customers: "Over the last two years, the company in northwestern Poland shale gas drilling drilling only get a small amount of gas." In addition, in 2010 ExxonMobil has declared, They mined shale gas in Hungary project completely failed. In 2011, Shell Oil also explained its shale gas in Sweden a similar failure. France and Bulgaria have now been proposed to prohibit the exploitation of shale gas in the country to use the required hydraulic fracturing techniques to avoid migration of the local population and water pollution.

The situation in Poland is far from over. Experts estimate that there are Polish shale gas resources should be 187 trillion cubic feet (about 5.29 trillion cubic meters), according to the Polish Geological Institute of the latest research report confirms that the actual reserves of shale gas is only about 346 billion to 768 billion cubic meters. Therefore, in order to create favorable conditions for continued exploitation of shale gas, the Polish authorities also try to retain foreign gas companies working there.

In this regard, Bloomberg reporter Joe Carroll cited the Chicago investment advisory and research firm (BrookshireAdvisory) Managing Jaina Bern as saying: "shale gas exploration and development is to have a huge amount of transaction costs and huge risks, while Poland So far, only in the development of national sector market still in its infancy stage and just a lot of potential shale gas reserves. "

In addition, shale gas in the United States triggered a series of potential problems: First, is the exploitation of shale gas  hydraulic fracturing  techniques used need to consume a lot of water and not recyclable. Since drilling water used to inject than much deeper aquifers of the shale, rock plenty of water mainly absorbed, can no longer be recycled.

In addition, the development of shale gas is also easy to cause environmental pollution. Exploitation of shale gas in the drilling process to go through underground aquifers,frac sand the use of chemical additives on drilling a serious groundwater pollution and ecological destruction.

Because of this, the U.S. environmental groups and agricultural groups strongly oppose unconventional oil and gas (mainly referring to shale gas) resources development.

The column wen Steve wrote: "For the European shale gas ring true, news came that the U.S. Energy Information Administration also for their own shale gas assessment should be reduced by 40%." He also pointed out that shale gas around the topic that appears irrational joy, should now properly cool down.

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