Shale gas mexico pdf faturas

Resource potential of the woodford shale in new mexico. Mexico is seeking to model its oil and gas development in the border region after the booming development on the texas side, but there are many obstacles, including lack of security and infrastructure. The study objective was to quantify net water use for shalegas production using data from texas, which is the dominant producer of shale gas in the u. The eagle ford shale play is believed to extend past the texas border and into mexico. The new reform just approved by the mexican congress will allow private mexican as well as foreign companies to explore and produce oil and gas from these shale areas. Shale gas exploration and production key issues and. Geology, sequence stratigraphy, and oil and gas assessment. Natural gas intelligence ngi, is a leading provider of natural gas, shale news and market information for the deregulated north american natural gas industry. National and global petroleum assessment assessment of. The second is the analogue method where the shale oil and gas assessment is performed by comparison of the studied resource to wellknown economic shale gas fields.

This report assesses the undiscovered gas resources within the lewis shale tps in the san juan basin. Geological survey usgs completed a geologybased assessment of undiscovered, technically recoverable continuous oil and gas resources in the pennsylvanian permian wolfcamp shale. Foreign investment would be vital for the development of mexico s shale gas reserves. When russia finally hops on shale bandwagon, opec is finished. The oil and gas sector developed under a centralized management structure in which a relatively insulated government. Basin, permian basin province, new mexico and texas, 2018 introduction in 2018, the u. What is shale gas, how is it extracted through fracking. Shale gas definition and meaning collins english dictionary.

Shale gas formations are unconventional reservoirs i. The marine percha shale upper devonian is dominated by gas prone kerogens and is affected structurally and thermally by all tectonic stages. Forbes takes privacy seriously and is committed to transparency. This paper responds to these needs by describing the importance of shale gas in meeting the future energy needs of the united states u. A global resource producing commercial quantities of natural gas from organicrich shales was uncommon a decade ago. It is classified as unconventional because it is found in shale, a less permeable rock formation than sandstone, siltstone or limestone in which conventional gas is found, and it is generally distributed over a much larger area. The pedregosa basin of southwestern new mexico has experienced multiple stages of tectonic deformation from the pennsylvanian to the late tertiary. This contrasts with a conventional gas reservoir produced from sands and carbonates such as. Geological service found that the utica shale contains 38 trillion cubic feet of undiscovered, technically recoverable shale gas, 940. Of course important in shale resource plays is the generation of mobile oil with associated gas to assist. Survey usgs oil and gas assessment in the san juan basin. The first is the volume method by which geochemical and other data are used to calculate the prospectivity of a shale gas resource from first principles.

Mexicos shalerich burgos basin opens to private investment. Success in the barnett shale of central texas, usa, launched a new way of thinking about shale source rocks. Gas markets have also been upended by the shale revolution. Tithonian pimienta shale, kimmeridgian taman formation. Creation of the eagle ford consortium binational subcommittee will help to create a synergy between mexico and us to develop their shale gas potential. Mexico is sitting on what many think are vast shale oil and gas resources in the north, which are thought. Hydraulic fracturing in shale with h2o, co2 and n2 onepetro. Parallels mexico has opened up its oil and gas fields to foreign investors. Shale gas is natural gas that is found trapped within shale formations.

Basically, it is natural gas primarily methane found in shale formations, some of which were formed 300millionto400million years ago during the devonian period of earths history. Hydraulic fracturing is a mature completion technique which has been extensively applied in tight and unconventional gas reservoirs. The challenges for shale gas production in mexico regional workshop on the changing global market and unconventional gas 68 may 20, jakarta, indonesia roberto lozano researcher, asia pacific energy research centre aperc. Governance of the natural gas sector in argentina is at an incipient stage. Foreign investment would be vital for the development of mexicos shale gas reserves. Mexico lacks water to frack for shale gas inter press service. Despite the early positive expectations about shale gas, the. Shale gas is a form of natural gas mostly methane, found underground in shale rock. Pemex officials believe shale has the potential to provide mexico with more oil and gas than the country has produced since it first struck oil in the early 20th century. Energy information administration ranked mexicos reserves of shale gas as the worlds sixthlargest after china, argentina, algeria, the united states and canada. In a recent report produced by the boston consulting company, the global business advisory classified mexico and the united states as nascent manufacturing stars. Resource categories when considering the market implications of abundant shale resources, it is important to distinguish between a.

Mexico has significant oil and gas resource potential in jurassic and cretaceous age shale formations. Recursos, explotacion, usos, impactos1 shale gas in mexico. Accessible and informative, this book is perfect for general readers, industry and environmental professionals, regulators, politicians, community leaders. Evaluation of mexicos shale oil and gas potential onepetro. Mexico city, apr 18 20 ips mexico plans to expand shale gas exploration this year, but it could run into a shortage of water, which is essential to hydraulic fracturing or fracking, the method used to capture natural gas from shale rocks.

While us gas exports via pipeline have increased since 2000, the commencement of us lng exports in 2016 was a seminal event, turning the us into an lng exporter and helping drive changes in global lng markets. The experiences of shale gas exploitation from other countries have been studied to carry out an analysis of the measures needed in mexico to develop shale gas in a responsible and environmentally friendly manner. An opportunity to escalate natural gas production mexico has the opportunity to open to new technological options looking for energy assurance to this regard, a future bidding for the exploitation of nonconventional resources during work round three represents an important opportunity to maximize natural gas production with. Geologic setting the lewis shale total petroleum system lies within the san juan basin in northwestern new mexico and southwestern colorado fig. Excitement over mexicos shale fizzles as reality sets in. An assessment of 7 shale formations in 41 countries outside the united states. Shale gas is a natural gas that is removed from rock by forcing liquid and sand into the. These shale deposits which correlate with productive shale plays in the usa appear prospective but are still in the early stage of exploration and thus remain poorly characterized. Apr 25, 2016 the surplus pipeline space would ensure mexico can get enough us gas on days of peak demand, as there is little room to store gas in mexico, platts says. Competitive landscape analysis report provides impartial analysis.

Flames burn off from a natural gas well in webb county, a common sight in south texas. But theyre slow to enter, as low oil prices, drug violence. Oil markets are not the only place that shale producers have made their mark. Unconventional gas and oil in north america page 4 of 24 glossary barrel oil. Mar 16, 2015 excitement over mexico s shale fizzles as reality sets in. Permeability refers to the capacity of a porous, sediment, soil or rock in this case to transmit a fluid. No quick fix, tim boersma, marie vandendriessche, and andrew leber analyze the prospects for shale gas development in algeria. Based on a presentation to the annual forum, gas processors associationhouston chapter, oct. Production has shifted from traditional regions, such as the gulf of mexico, toward onshore shale gas regions. A new rapid method for shale oil and shale gas assessment. According to the highly respected firm, the increased exploitation of shale gas energy in mexico and the us is the driver behind this trend. Meaning, pronunciation, translations and examples log in dictionary. The gas is usually produced by pumping water from the coal seam to reduce pressure and release the gas.

Sener hopes that private investment will help to reverse the decline in natural gas production and offset decreasing pemex investment in the region. Nov 30, 2016 mexico is keen to pursue shale gas development as a means of bolstering declining conventional production and to meet domestic demand. Shale gas energy in mexico and the us create advantage. Shale gas exploration and production key issues and responsible business practices guidance note for financiers this guidance note has been produced to assist financial institutions in their internal conversations and decisionmaking with regard to risks and responsible business practices associated with shale gas production. Our understanding of these reservoirs changes constantly. Excitement over mexico s shale fizzles as reality sets in. Mexico shale gas unconventional play report wood mackenzie. This critical oil price divergence could boost us exports. Keith bullin phd peter krouskop phd bryan research and engineering inc. Composition variety complicates processing plans for us shale gas by. Technically recoverable shale oil and shale gas resources.

Utica shale facts and information natural gas intel. Dec 01, 2015 in a new policy brief, shale gas in algeria. Shale plays in new mexico colorado school of mines. Without reform, mexico would have most likely transformed from a net exporter of crude to a net importer within a few years. For unconventional reservoirs such as shale with extremely low permeability, long horizontal laterals with multistaged hydraulic fractures are necessary to deliver economic production. About 76% of the technically recoverable resources of shale gas are outside north america. With the independent business intelligence found only in our work, you will discover.