--> How Sweet is European Shale? A Story about the Uncertain Potential, Problematic Recovery and Public Concerns of Shale Gas Development in Europe
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AAPG Middle East Region, Previous HitShaleNext Hit Previous HitGasNext Hit Evolution Symposium

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How Sweet is European Previous HitShaleNext Hit? A Story about the Uncertain Potential, Problematic Recovery and Public Concerns of Previous HitShaleNext Hit Previous HitGasNext Hit Development in Europe

Abstract

Currently, Previous HitshaleNext Hit Previous HitgasNext Hit exploration and exploitation in Europe is in an ambiguous arena. Poland once actively pursued Previous HitshaleNext Hit Previous HitgasNext Hit, motivated by the desire to remain independent of Russian Previous HitgasNext Hit. Previous HitShaleNext Hit is explored and drilled in England where proponents are looking for a secure energy supply by developing Previous HitshaleNext Hit as a reliable and affordable domestic source of energy. For most other European countries, perceptions towards oil & Previous HitgasNext Hit extraction from shales are ambiguous. Concerns about environmental footprint have motivated most European countries in postponing or banning Previous HitshaleNext Hit Previous HitgasNext Hit exploitation. Production of Previous HitgasNext Hit and oil from shales has proven to be a game changer for the energy market in North America, and most wells have been drilled in the U.S. However, most potential oil & Previous HitgasNext Hit resources are located elsewhere. Total potential resource located in the many European Previous HitshaleNext Hit basins may equal the resources in the U.S. However, where U.S. Previous HitshaleNext Hit operations have become more and more efficient, attempts to commercially recover Previous HitgasNext Hit from Polish shales have not (yet) been successful. Public concerns are mainly related to impacts on local environments and global climate footprint. While focus is on the subsurface effects of hydraulic fracturing and CO2 emissions, recent studies suggest a bigger role for well construction and methane emissions in determining impacts and risks. This presentation covers both geological and environmental aspects of potential Previous HitshaleNext Hit Previous HitgasNext Hit exploitation in Europe, focussing on key lessons learned from North America, current status in Europe and main showstoppers hampering development.