Excitement over mexico s shale fizzles as reality sets in. The pedregosa basin of southwestern new mexico has experienced multiple stages of tectonic deformation from the pennsylvanian to the late tertiary. Despite the early positive expectations about shale gas, the. Permeability refers to the capacity of a porous, sediment, soil or rock in this case to transmit a fluid. Evolution of historical shale gas production costs in north. Shale gas definition and meaning collins english dictionary. Tithonian pimienta shale, kimmeridgian taman formation. Production has shifted from traditional regions, such as the gulf of mexico, toward onshore shale gas regions. Of course important in shale resource plays is the generation of mobile oil with associated gas to assist. About 76% of the technically recoverable resources of shale gas are outside north america.
Plays of shale oil gas in usa and mexico map of major shale oil gas plays in united states and mexico niobrara marcellus. Geology, sequence stratigraphy, and oil and gas assessment. Mexico is seeking to model its oil and gas development in the border region after the booming development on the texas side, but there are many obstacles, including lack of security and infrastructure. An assessment of 7 shale formations in 41 countries outside the united states. The utica shale is a massive formation that lies beneath portions of kentucky, ohio, maryland, new york, pennsylvania, tennessee, west virginia, and virginia. This contrasts with a conventional gas reservoir produced from sands and carbonates such as. This paper responds to these needs by describing the importance of shale gas in meeting the future energy needs of the united states u. National and global petroleum assessment assessment of. No quick fix, tim boersma, marie vandendriessche, and andrew leber analyze the prospects for shale gas development in algeria.
Mexico lacks water to frack for shale gas inter press service. Shale gas energy in mexico and the us create advantage. Geological survey usgs completed a geologybased assessment of undiscovered, technically recoverable continuous oil and gas resources in the pennsylvanian permian wolfcamp shale. Mexico is sitting on what many think are vast shale oil and gas resources in the north, which are thought. Eleven wells have been drilled and results thus far have included three dry gas wells and five rich gas wells. Parallels mexico has opened up its oil and gas fields to foreign investors. Governance of the natural gas sector in argentina is at an incipient stage. Shale gas is natural gas that is found trapped within shale formations. Basically, it is natural gas primarily methane found in shale formations, some of which were formed 300millionto400million years ago during the devonian period of earths history. For unconventional reservoirs such as shale with extremely low permeability, long horizontal laterals with multistaged hydraulic fractures are necessary to deliver economic production.
Shale plays in new mexico colorado school of mines. What is shale gas, how is it extracted through fracking. Resource potential of the woodford shale in new mexico. It is classified as unconventional because it is found in shale, a less permeable rock formation than sandstone, siltstone or limestone in which conventional gas is found, and it is generally distributed over a much larger area. The gas is usually produced by pumping water from the coal seam to reduce pressure and release the gas. Shale gas is a form of natural gas mostly methane, found underground in shale rock. Unconventional gas and oil in north america page 4 of 24 glossary barrel oil. Pemex officials believe shale has the potential to provide mexico with more oil and gas than the country has produced since it first struck oil in the early 20th century. Recursos, explotacion, usos, impactos1 shale gas in mexico. Resource categories when considering the market implications of abundant shale resources, it is important to distinguish between a. The second is the analogue method where the shale oil and gas assessment is performed by comparison of the studied resource to wellknown economic shale gas fields. Mexico is keen to pursue shale gas development as a means of bolstering declining conventional production and to meet domestic demand. This report assesses the undiscovered gas resources within the lewis shale tps in the san juan basin. Geological service found that the utica shale contains 38 trillion cubic feet of undiscovered, technically recoverable shale gas, 940.
Basin, permian basin province, new mexico and texas, 2018 introduction in 2018, the u. In a recent report produced by the boston consulting company, the global business advisory classified mexico and the united states as nascent manufacturing stars. According to the highly respected firm, the increased exploitation of shale gas energy in mexico and the us is the driver behind this trend. Shale gas exploration and production key issues and. With the independent business intelligence found only in our work, you will discover. Natural gas intelligence ngi, is a leading provider of natural gas, shale news and market information for the deregulated north american natural gas industry. Shale gas exploration and production key issues and responsible business practices guidance note for financiers this guidance note has been produced to assist financial institutions in their internal conversations and decisionmaking with regard to risks and responsible business practices associated with shale gas production. Keith bullin phd peter krouskop phd bryan research and engineering inc. Mexico has significant oil and gas resource potential in jurassic and cretaceous age shale formations. Our understanding of these reservoirs changes constantly.
Apr 25, 2016 the surplus pipeline space would ensure mexico can get enough us gas on days of peak demand, as there is little room to store gas in mexico, platts says. The techniques used there were applied to other north american basins where conditions were favorable for. Shale gas formations are unconventional reservoirs i. Shale gas has become an increasingly important source of natural gas in the united states since the start of this century, and interest has spread to potential gas shales in the rest of the world. Composition variety complicates processing plans for us shale gas by. Geologic setting the lewis shale total petroleum system lies within the san juan basin in northwestern new mexico and southwestern colorado fig. When russia finally hops on shale bandwagon, opec is finished. The study objective was to quantify net water use for shalegas production using data from texas, which is the dominant producer of shale gas in the u.
Foreign investment would be vital for the development of mexico s shale gas reserves. Hydraulic fracturing in shale with h2o, co2 and n2 onepetro. Success in the barnett shale of central texas, usa, launched a new way of thinking about shale source rocks. The first is the volume method by which geochemical and other data are used to calculate the prospectivity of a shale gas resource from first principles. Utica shale facts and information natural gas intel. These shale deposits which correlate with productive shale plays in the usa appear prospective but are still in the early stage of exploration and thus remain poorly characterized. Composition variety complicates processing plans for us. Forbes takes privacy seriously and is committed to transparency. But theyre slow to enter, as low oil prices, drug violence. Mexico city, apr 18 20 ips mexico plans to expand shale gas exploration this year, but it could run into a shortage of water, which is essential to hydraulic fracturing or fracking, the method used to capture natural gas from shale rocks.
Meaning, pronunciation, translations and examples log in dictionary. The marine percha shale upper devonian is dominated by gas prone kerogens and is affected structurally and thermally by all tectonic stages. Hydraulic fracturing is a mature completion technique which has been extensively applied in tight and unconventional gas reservoirs. Mar 16, 2015 excitement over mexico s shale fizzles as reality sets in. Dec 01, 2015 in a new policy brief, shale gas in algeria. Based on a presentation to the annual forum, gas processors associationhouston chapter, oct. Mexicos huge, untouched shaleoil fields lure wildcatters. Gas markets have also been upended by the shale revolution. While us gas exports via pipeline have increased since 2000, the commencement of us lng exports in 2016 was a seminal event, turning the us into an lng exporter and helping drive changes in global lng markets. Foreign investment would be vital for the development of mexicos shale gas reserves. The experiences of shale gas exploitation from other countries have been studied to carry out an analysis of the measures needed in mexico to develop shale gas in a responsible and environmentally friendly manner.
The challenges for shale gas production in mexico regional workshop on the changing global market and unconventional gas 68 may 20, jakarta, indonesia roberto lozano researcher, asia pacific energy research centre aperc. Technically recoverable shale oil and shale gas resources. Mexicos shalerich burgos basin opens to private investment. Excitement over mexicos shale fizzles as reality sets in. The science behind the controversy is an important book that should be read by anyone concerned or interested in shale gas or the issues surrounding fracking. This critical oil price divergence could boost us exports. The eagle ford shale play is believed to extend past the texas border and into mexico. An opportunity to escalate natural gas production mexico has the opportunity to open to new technological options looking for energy assurance to this regard, a future bidding for the exploitation of nonconventional resources during work round three represents an important opportunity to maximize natural gas production with. Flames burn off from a natural gas well in webb county, a common sight in south texas. A global resource producing commercial quantities of natural gas from organicrich shales was uncommon a decade ago. Energy information administration ranked mexicos reserves of shale gas as the worlds sixthlargest after china, argentina, algeria, the united states and canada. Without reform, mexico would have most likely transformed from a net exporter of crude to a net importer within a few years.
Creation of the eagle ford consortium binational subcommittee will help to create a synergy between mexico and us to develop their shale gas potential. Survey usgs oil and gas assessment in the san juan basin. Production from the burgos basin accounted for 15% of total natural gas production in mexico in 2016, and the basin holds the largest undeveloped shale resources in the country. Accessible and informative, this book is perfect for general readers, industry and environmental professionals, regulators, politicians, community leaders.
Oil markets are not the only place that shale producers have made their mark. Nov 30, 2016 mexico is keen to pursue shale gas development as a means of bolstering declining conventional production and to meet domestic demand. Competitive landscape analysis report provides impartial analysis. The oil and gas sector developed under a centralized management structure in which a relatively insulated government.
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