Unconventional gas disrupts the energy situation

[Ahmed]

An article that appeared in the last issue of "Diplomatic World"calls into question this" providential "character: according to the author, the quantitative estimates are greatly overestimated.
In addition, the hydraulic fracturing technique would only affect a small volume of rock, which would lead to more drilling (and pollution that goes with it), drilling whose production would be very fleeting.
All this leads him to believe that the massive investments made in this sector constitute a new financial bubble destined to burst to an end ... In short, the dirty aquifers will be more durable than the gas resource!

[moinsdewatt]

Shale gas: French industrialists drill abroad

02 August 2013 Le Figaro

Decided not to miss a major technological revolution, groups like Vallourec invest heavily in the exploration or exploitation of shale gas outside French borders.

.............

http://www.lefigaro.fr/societes/2013/08 ... ranger.php

[elephant]

You will love:

http://bigbrowser.blog.lemonde.fr/2013/ ... e-schiste/

[Ahmed]

According to a World article late last week, shale gas research in Poland would yield results that were lower than expected, leading some operators to abandon research.
The resource would have been greatly overestimated.

[sen-no-sen]

The exploitation of shale gas has no future.
In the United States 85% of operations that are presented as "shale gas" are in fact natural gas operations or Tight gas (Compact tank gas) obtained by fracturing, gigantic shade!
In this case, the operating times can be considered to be "roughly" economically viable, hence massive investment.
This resulted in loud announcements of the media, and a political infatuation for this energy source particularly welcome in a climate of recession.
Indeed many countries have launched geological studies which for the most part have proved positive ... without differentiating the physical reality from the really exploitable reality ...


The surge towards shale gas is a phenomenon which corresponds to the craze for hypermarket drives: it is a sector where no serious prospective study has been carried out, it has emerged due to the fear for the various firms of losing a "hypothetical" goose that lays the golden eggs.
In reality such investments are very often calamitous and get up in the long run.

[cortejuan]

Hello,

overestimation is particularly true in Poland, where the estimated reserves were divided by 5 (Polish and non-US estimates). Three of the biggest prospectors are retiring. Only small prospectors will remain in the financial future uninsured.

On the French side, the estimates also seem overestimated.


So rather news that go in the right direction because if the gain is not assured, the flight of prospectors will live up to their eagerness to want to drill everywhere.


cordially

[Flytox]

Speculative bubble / misinformation of our merdias on shale gas or its environment (economic) ????

It's funny, this morning on France Inter, there was exactly the opposite "noise", in a forecast, they said that the price of oil was going to decrease enormously (cellar plus the figure like 70%) "thanks" to the gas from shale or because of its competition ....

We are still caught in a game of lying poker ...

[sen-no-sen]

Speculative bubble / misinformation of our merdias on shale gas or its environment (economic) ????

It's funny, this morning on France Inter, there was exactly the opposite "noise", in a forecast, they said that the price of oil was going to decrease enormously (cellar plus the figure like 70%) "thanks" to the gas from shale or because of its competition ....

We are still caught in a game of lying poker ...

Prospective made by whom? Geologists or .... economists?

The indirect danger of shale gas is that it will smooth peak oil, and at the same time reduce R&D in terms of energy sobriety.

Another risk is that unconventional gas deposits are decreasing much faster than those of conventional gas:



Beyond 3 years there is a collapse of production ...

http://www.manicore.com/documentation/petrole/gaz_non_conv.html

This will result in a collapse of production by successive avalanche on a global scale (USA first), resulting in a panic multiplication of drilling all-out accompanied by economic and environmental consequences that go with ...

[Janic]

no clop, no clop!

[cortejuan]

Hello,

yes, we hear everything and its opposite, yesterday in "Le Monde" the discourse had changed, the promising areas in Europe were France and again Poland.

What is true is that it is the Americans who define the potential of the possible wealth sometimes (often?) Contradicted by the national geological research offices (the case in Poland).

What surprises me in this outbreak on shale gas is that we only talk about geological pollution (which is proven). The media are completely ignoring the fact that reinvesting in fossil fuel consumption is the worst thing that can be imagined for future generations. The lessons are useless, it seems.

cordially