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UK sees new shale gas resource estimate by end-2012

London (Reuters) - Britain is expected to issue BaoLan in the north to form a new shale gas resource estimation in 2012 before the end of the year, more comprehensive digital for the whole country in 2013, the department of energy, officials said on Monday.
The formation of BaoLan covers a large area has the potential important recoverable reserves, beyond the current shale gas drilling sites in Lancashire, such as Cuadrilla resource island, north wales, southern cumbria and the east midland company.
"BaoLan shale estimates will be released by the end of this year, the energy and climate change department (DECC)," the spokesman said. "There will be a more comprehensive estimate, in 2013 the British shale resources," he added.
Estimation is looking forward to already a long time of a large number of natural gas recoverable can enhance Britain's energy security, offset the decline of the north sea output, reduce the dependence on import.
Last week, secretary for energy Edward David, who is responsible for department, he said he hopes to minister George Osborne (George Osborne) think, "generous new tax system", with the aim of encouraging investment in energy, encourage new shale gas exploration.
The government suspended the shale gas mining, the work of last year triggered Blackpool seaside resort near the two small earthquake, increase hydraulic fracturing worry - through the shale drilling method of retrieving gas injection liquid and chemicals.
The department has been the British geological survey (BGS), to quantify the domestic shale resources.
Resources estimate measuring gas how many are on the ground, and estimation of reserves suitable for gas, is a commercial exploitation.
, finally estimate the BGS British land shale reserves 5.3 trillion cubic feet (1.5 billion cubic meters), this will be enough to meet its natural gas consumption for one and a half years.
British shale gas exploration company Cuadrilla resources has put its digital as high as BaoLan formation across the Lancashire have license 200 trillion cubic feet of gas in shale.
In the United States, shale gas upsurge, lead to natural gas production rising greatly, leading to the collapse of the domestic price, to 2015, the United States export liquefied natural gas (LNG) possibility.




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