Investors complete 39 drillings in search of shale gas in Poland.

By bne IntelliNews January 11, 2013
Investors have completed 39 drillings in search of shale gas in Poland, with another 3 drillings still under way, according to the data of the ministry of environment. Until 2021, investors plan to carry out a total of 309 drillings (they are obliged to carry out 128 of them, with another 181 wells being optional). So far, the ministry has granted over 100 licenses for shale gas prospecting to, among others, Chevron, ConocoPhillips, Talisman Energy, PGNiG, Grupa Lotos and Orlen Upstream. In April of 2011, the U.S. Energy Information Administration (EIA) estimated that Poland's technically recoverable shale gas resources are 187tr cubic feet (or around 5.3tr cu.m.). In March of 2012, the State Geological Institute (PIG) estimated that Poland's shale gas deposits are at least around 345-768bn m3.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 278
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

EC refers Poland to court for delay on renewable energy rules.

The European Commission is referring Poland (and Cyprus) to the Court of Justice of the European Union for failing to fully transpose EU's Renewable Energy Directive, according to the ... more

ZEW Economic Sentiment Indicator for Poland surges to 42.9pts in February.

The ZEW-Erste Group Bank Economic Sentiment Indicator for Poland (economic expectations) surged by 22.3pts m/m to 42.9pts in February, according to a report by the Center for European Economic ... more

FinMin: Poland to inject EUR 5.5bn of FX reserves to ECB upon euro-zone entry.

When Poland joins the euro-zone, it will have to transfer EUR 5.47bn of its foreign-currency reserves to the European Central Bank, according to a statement by the ministry of finance. The ... more

Follow Us On

Most Read

  1. The fall of Nagorno-Karabakh
    1 day ago
  2. Missiles strikes on Crimea kill nine, as Ukraine breaks through Russia’s last line of defence in Zaporizhia
    1 day ago
  3. Russia bans fuel exports as deliveries to military surge
    3 days ago
  4. Russia overtakes Germany to become fifth biggest economy in the world in GDP on a PPP basis
    1 month ago
  5. Unidentified air defence accident over northern Iranian city of Gorgan
    6 days ago
  1. BRICS MATERIALS: the flourishing intra-BRICS oil trade
    28 days ago
  2. Russia overtakes Germany to become fifth biggest economy in the world in GDP on a PPP basis
    1 month ago
  3. Russia mulls drastic measures as domestic fuel shortage crisis grows
    13 days ago
  4. Rare Subtropical Storm Daniel hits Libya, causing flooding and havoc
    14 days ago
  5. Niger coup threatens Nigeria-Morocco 30bcm gas pipeline project
    1 month ago

Reports

Dismiss