Prospects of unconventional natural gas
A GRI analysis has shown that a large added-production potential exists for unconventional natural gas from Western tight gas sands, Eastern Devonian gas shales, coal seams, and geopressured zones. By 1990, with advanced technology, the three near-term sources - tight sands, Devonian shales, and coal seams - could supply annually 1.5-1.9 trillion CF priced at $3-$6/1000 CF in 1979 dollars. By the year 2000, this production could increase to a yearly level of 5.1-8.9 TCF - the equivalent of 2.5-4.5 million bbl/day - assuming the successful development of improved production technology and no constraints on demand, capital, labor, and equipment. Without this new technology, the range in 2000 would be only half - 2.6-4.6 TCF/yr. The forecast's most significant finding, however, was that the maximum potential production of unconventional gas is more sensitive to technology developments than to gas price levels.
- OSTI ID:
- 5322545
- Journal Information:
- Gas Res. Inst. Dig.; (United States), Vol. 3
- Country of Publication:
- United States
- Language:
- English
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