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Home International Customs

Poland’s estimated tight gas reserves hit 2 trillion cubic meters

byCustoms Today Report
21/03/2015
in International Customs, Poland, World Business
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WARSAW: Poland has estimated reserves of tight gas are about 10 percent of as much as 2 trillion cubic meters of undiscovered gas in place in tight fuel reservoirs, said The Polish Geological Institute.

Poland’s estimated recoverable reserves of so-called tight gas are probably higher than its proven conventional deposits of the fuel, according to the Polish Geological Institute.

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Recoverable shale reserves estimated at as much as 768 billion cubic meters by the PGI have failed to lead to increased production, leading foreign investors from Chevron Corp. to Exxon Mobil Corp. to abandon shale gas projects in the nation.

While production of tight gas is technically easier than breaking into shale deposits, layers can be as deep as 6,000 meters (20,000 feet), potentially hurting the viability of drilling.

Tags: Polandreservoirstight gas

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