Indonesia shale oil reserves
Technically Recoverable Shale Oil and . Shale Gas Resources: An Assessment Shale / tight oil and shale gas proved reserves n/a 97 Shale / tight oil and shale gas unproved resources 345 7,201 Indonesia 3 108 46 Mongolia - - 4 Thailand 1 10 5 . South Asia 4 86 201 183 470 Indonesia has significant energy resources, starting with oil – it has 22 billion barrels of conventional oil and gas reserves, of which about 4 billion are recoverable. That's the equivalent of about 10 years of oil production and 50 years of gas. China has found massive shale oil reserves in its northern Tianjin municipality, Chinese news agency Xinhua reported on Friday. Two wells at a field have been flowing for more than 260 days, according to Dagang Oilfield, a subsidiary of state-owned China National Petroleum Corporation (CNPC). The Bakken Field in North Dakota and Montana is the largest producing shale oil reserve. The field has layers of dense, oil-bearing rock about two miles underground. The field is roughly the size of West Virginia and, as of December 2012, produced 770,000 barrels of oil a day. The discovery and commercial exploitation of shale gas reserves in the US has been a revolution which admirers from around the world have been eager to pursue. One country on the brink of this revolution is Indonesia, whose geology draws tantalising parallels with the most productive shale basins in the US. The Reserves Today. Following the sale of Elk Hills and the transfer of the oil shale reserves and NPR-2, DOE retained oversight of one Naval Petroleum Reserve property and one oil field technology testing center until early 2015. Learn more about DOE's Oil Shale Research Most of Indonesia's oil production is concentrated in basins in the western part of the country. But because of few significant new oil discoveries in this western part, the government has shifted its focus towards eastern Indonesia. Proved oil reserves throughout the country, however,
14 Nov 2018 The fracking of hard-to-reach oil reserves has helped the US regain its crown as the world's top crude oil producer. But even the International
Indonesia began to research its shale gas potential in 2009. Indonesian geologists estimate that the country’s shale gas potential could be up to 574 tcm, larger than the nation’s known coal bed methane (CBM) reserves of 453.3 tcf and 153 tcf of conventional gas. Indonesia is rich in resources, with proven and potential conventional energy reserves of more than 7 billion barrels of oil and about 150 trillion cubic feet of gas. The country also has unconventional reserves of 450 trillion cubic feet of coal bed methane and 575 trillion cubic feet of shale gas. The discovery and commercial exploitation of shale gas reserves in the US has been a revolution which admirers from around the world have been eager to pursue. One country on the brink of this revolution is Indonesia, whose geology draws tantalising parallels with the most productive shale basins in the US. The United States, currently the largest oil producer in the world, is ranked at number eleven with proven oil reserves of 35 billion barrels of oil. Most of the increases in oil production in the US come from the production of shale oil. The US is the world leader in oil shale drilling. The USGS estimates that over 46 billion barrels of oil, 280 trillion cubic feet of gas, and 20 billion barrels of natural gas liquids are trapped in these low-permeability shale formations. Technically Recoverable Shale Oil and . Shale Gas Resources: An Assessment Shale / tight oil and shale gas proved reserves n/a 97 Shale / tight oil and shale gas unproved resources 345 7,201 Indonesia 3 108 46 Mongolia - - 4 Thailand 1 10 5 . South Asia 4 86 201 183 470 Indonesia has significant energy resources, starting with oil – it has 22 billion barrels of conventional oil and gas reserves, of which about 4 billion are recoverable. That's the equivalent of about 10 years of oil production and 50 years of gas.
In book: Shale Gas - New Aspects and Technologies Agus Riyanto at University of Indonesia Unconventional Resources of Shale Hydrocarbon in. Sumatra
Most of Indonesia's oil production is concentrated in basins in the western part of the country. But because of few significant new oil discoveries in this western part, the government has shifted its focus towards eastern Indonesia. Proved oil reserves throughout the country, however, The United States, currently the largest oil producer in the world, is ranked at number eleven with proven oil reserves of 35 billion barrels of oil. Most of the increases in oil production in the US come from the production of shale oil. The US is the world leader in oil shale drilling. Indonesia’s energy sector lies on the cusp of renaissance as the latest technology — shale fracking — finally arrives in Southeast Asia. Last month, state-owned oil-and-gas firm Pertamina signed its first contract on the exploration of 16 trillion cu. ft. of potential shale-gas reserves in northern Sumatra, and other deals are also
In addition, Table 1 shows a comparison of the prospect criteria for shale oil and shale gas for US cases, and shale gas for Indonesian cases [1].
17 May 2013 The shale oil resources assessed in this report, combined with EIA's prior major basins in Southeast Asia, Indonesia, Australia, and South 19 Jan 2014 Global shale gas basins, top reserve holders. urbanization in non-OECD countries such as China, India, Brazil, Indonesia, Saudi Arabia, Iran, 25 Mar 2019 But for now, crude oil is still the undisputed heavyweight champion of the energy world. In 2018, we consumed more oil than any prior year in Different estimates may or may not include oil shale, mined oil sands or natural gas liquids . Because proven reserves include oil recoverable under current economic conditions, nations may see large increases in proven reserves when known, but previously uneconomic deposits become economic to develop. Indonesia began to research its shale gas potential in 2009. Indonesian geologists estimate that the country’s shale gas potential could be up to 574 tcm, larger than the nation’s known coal bed methane (CBM) reserves of 453.3 tcf and 153 tcf of conventional gas. Indonesia is rich in resources, with proven and potential conventional energy reserves of more than 7 billion barrels of oil and about 150 trillion cubic feet of gas. The country also has unconventional reserves of 450 trillion cubic feet of coal bed methane and 575 trillion cubic feet of shale gas.
In book: Shale Gas - New Aspects and Technologies Agus Riyanto at University of Indonesia Unconventional Resources of Shale Hydrocarbon in. Sumatra
17 May 2013 The shale oil resources assessed in this report, combined with EIA's prior major basins in Southeast Asia, Indonesia, Australia, and South 19 Jan 2014 Global shale gas basins, top reserve holders. urbanization in non-OECD countries such as China, India, Brazil, Indonesia, Saudi Arabia, Iran, 25 Mar 2019 But for now, crude oil is still the undisputed heavyweight champion of the energy world. In 2018, we consumed more oil than any prior year in Different estimates may or may not include oil shale, mined oil sands or natural gas liquids . Because proven reserves include oil recoverable under current economic conditions, nations may see large increases in proven reserves when known, but previously uneconomic deposits become economic to develop. Indonesia began to research its shale gas potential in 2009. Indonesian geologists estimate that the country’s shale gas potential could be up to 574 tcm, larger than the nation’s known coal bed methane (CBM) reserves of 453.3 tcf and 153 tcf of conventional gas.
In book: Shale Gas - New Aspects and Technologies Agus Riyanto at University of Indonesia Unconventional Resources of Shale Hydrocarbon in. Sumatra Most of them indicate to contain shale oil and gas and coal-bed methane (CBM). Page 4. Resources Triangle (Holditch). ❑ Conventional reservoirs : smaller Figure 10 Proved natural gas reserves and shale gas resources in APEC economies. 18 Table 12 Indonesia's shale gas resources by region and basin. 108.