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Poland’s Recoverable Shale Gas Reserves: 768 Billion Cubic Meters
Mar. 21, 2012 02:37PM PST
Oil and Gas InvestingBusiness Week reported that according to the Polish Geological Institute, Poland’s recoverable shale gas reserves are close to 768 billion cubic meters.
Business Week reported that according to the Polish Geological Institute, Poland’s recoverable shale gas reserves are close to 768 billion cubic meters.
As quoted in the market news:
The minimum estimate is 346 billion cubic meters and is based on an analysis by the institute of 39 wells drilled in Poland from the 1950s to the 1980s. Reserves may be as much as 1.9 trillion cubic meters assuming maximum productivity, the study shows. The Polish estimates are less than a forecast last year by the U.S. Energy Information Administration that the country had as much as 5.2 trillion cubic meters of shale gas.