Developing America's Unconventional Gas Resources

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Publisher : CSIS
ISBN 13 : 0892066156
Total Pages : 30 pages
Book Rating : 4.8/5 (92 download)

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Book Synopsis Developing America's Unconventional Gas Resources by : Frank A. Verrastro

Download or read book Developing America's Unconventional Gas Resources written by Frank A. Verrastro and published by CSIS. This book was released on 2010-12-13 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Realizing the Potential of U.S. Unconventional Natural Gas

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Author :
Publisher : Center for Strategic & International Studies
ISBN 13 : 144222472X
Total Pages : 66 pages
Book Rating : 4.4/5 (422 download)

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Book Synopsis Realizing the Potential of U.S. Unconventional Natural Gas by : Sarah O. Ladislaw

Download or read book Realizing the Potential of U.S. Unconventional Natural Gas written by Sarah O. Ladislaw and published by Center for Strategic & International Studies. This book was released on 2013-05-03 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ability to access and economically develop vast amounts of America’s unconventional natural gas resources, especially large shale gas formations, has altered our national view on energy and has subsequently changed the discourse at the federal, state, and local levels. Since 2008, when the economic viability of shale gas resources first became widely recognized, policymakers and industry leaders have worked to better understand the nature of this resource; the risks and opportunities associated with its production, transport, and use; and the potential strategic implications of the United States’ new energy reality. The paradox of the U.S. unconventional gas story is that the technologies and industry practices that made it possible have been decades in the making; the public policy and commercial landscape is vastly different from just a few years ago; and the story of this remarkable resource development is still in its infancy. In an attempt to capture the current state of play with respect to resource development, operational practices, risk identification and mitigation, impacts assessment and identify strategies that allow this valuable resource to be prudently developed, the CSIS Energy and National Security Program undertook this Unconventional Gas Initiative. Over the course of the past year, the authors were able—in concert with industry and nongovernmental organization (NGO) supporters—to work with a wide array of regulators, policymakers, environmental, industry and financial groups, academics and community stakeholders to capture the latest understanding of the unconventional gas development picture and develop themes and findings in the hope of facilitating an informed discussion on a path forward.

Unconventional Oil and Gas Resources

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Author :
Publisher : CRC Press
ISBN 13 : 1498759416
Total Pages : 862 pages
Book Rating : 4.4/5 (987 download)

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Book Synopsis Unconventional Oil and Gas Resources by : Usman Ahmed

Download or read book Unconventional Oil and Gas Resources written by Usman Ahmed and published by CRC Press. This book was released on 2016-04-05 with total page 862 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the shale revolution continues in North America, unconventional resource markets are emerging on every continent. In the next eight to ten years, more than 100,000 wells and one- to two-million hydraulic fracturing stages could be executed, resulting in close to one trillion dollars in industry spending. This growth has prompted professionals ex

Unconventional Oil and Gas Resources Handbook

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Author :
Publisher : Gulf Professional Publishing
ISBN 13 : 0128025360
Total Pages : 552 pages
Book Rating : 4.1/5 (28 download)

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Book Synopsis Unconventional Oil and Gas Resources Handbook by : Y Zee Ma

Download or read book Unconventional Oil and Gas Resources Handbook written by Y Zee Ma and published by Gulf Professional Publishing. This book was released on 2015-10-06 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unconventional Oil and Gas Resources Handbook: Evaluation and Development is a must-have, helpful handbook that brings a wealth of information to engineers and geoscientists. Bridging between subsurface and production, the handbook provides engineers and geoscientists with effective methodology to better define resources and reservoirs. Better reservoir knowledge and innovative technologies are making unconventional resources economically possible, and multidisciplinary approaches in evaluating these resources are critical to successful development. Unconventional Oil and Gas Resources Handbook takes this approach, covering a wide range of topics for developing these resources including exploration, evaluation, drilling, completion, and production. Topics include theory, methodology, and case histories and will help to improve the understanding,integrated evaluation, and effective development of unconventional resources. Presents methods for a full development cycle of unconventional resources, from exploration through production Explores multidisciplinary integrations for evaluation and development of unconventional resources and covers a broad range of reservoir characterization methods and development scenarios Delivers balanced information with multiple contributors from both academia and industry Provides case histories involving geological analysis, geomechanical analysis, reservoir modeling, hydraulic fracturing treatment, microseismic monitoring, well performance and refracturing for development of unconventional reservoirs

Development of an Improved Methodology to Assess Potential Unconventional Gas Resources in North America

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (191 download)

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Book Synopsis Development of an Improved Methodology to Assess Potential Unconventional Gas Resources in North America by : Jesus Salazar Vanegas

Download or read book Development of an Improved Methodology to Assess Potential Unconventional Gas Resources in North America written by Jesus Salazar Vanegas and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1970s, various private and governmental agencies have conducted studies to assess potential unconventional gas resources, particularly those resources contained in tight sands, fractured shales, and coal beds. The US Geological Survey (USGS) has assessed the amount of unconventional gas resources in North America, and its estimates are used by other government agencies as the basis for their resource estimates. While the USGS employs a probabilistic methodology, it is apparent from the resulting narrow ranges that the methodology underestimates the uncertainty of these undiscovered, untested, potential resources, which in turn limits the reliability and usefulness of the assessments. The objective of this research is to develop an improved methodology to assess potential unconventional gas resources that better accounts for the uncertainty in these resources. This study investigates the causes of the narrow ranges generated by the USGS analyticprobabilistic methodology used to prepare the 1995 national oil and gas assessment and the 2000 NOGA series, and presents an improved methodology to assess potential unconventional gas resources. The new model improves upon the USGS method by using a stochastic approach, which includes correlation between the input variables and Monte Carlo simulation, representing a more versatile and robust methodology than the USGS analytic-probabilistic methodology. The improved methodology is applied to the assessment of potential unconventional gas resources in the Uinta-Piceance province of Utah and Colorado, and compared to results of the evaluation performed by the USGS in 2002. Comparison of the results validates the means and standard deviations produced by the USGS methodology, but shows that the probability distributions generated are rather different and, that the USGS distributions are not skewed to right, as expected for a natural resource. This study indicates that the unrealistic shape and width of the resulting USGS probability distributions are not caused by the analytic equations or lack of correlation between input parameters, but rather the use of narrow triangular probability distributions as input variables. Adoption of the improved methodology, along with a careful examination and revision of input probability distributions, will allow a more realistic assessment of the uncertainty surrounding potential unconventional gas resources.

Economics of Unconventional Shale Gas Development

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Author :
Publisher : Springer
ISBN 13 : 3319114999
Total Pages : 248 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Economics of Unconventional Shale Gas Development by : William E. Hefley

Download or read book Economics of Unconventional Shale Gas Development written by William E. Hefley and published by Springer. This book was released on 2014-12-03 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the economics and related impacts of unconventional shale gas development. While focusing on the Marcellus and Utica Shales in the Mid-Atlantic region, additional insights from other regions are included to provide a broader view of these issues. Shale gas development in recent years has changed the energy discussion in the US, as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible. The importance of natural gas is seen as likely to continue to expand over the coming years, and is expected to increase even further with environmental considerations, such as greenhouse gas emissions. Horizontal drilling and hydraulic fracturing producing natural gas from deposits such as the Marcellus Shale is making the US a net producer of natural gas. Previous studies have examined the economic impact of exploration and production in the region. Other studies have addressed legal, environmental, biodiversity, and public health impacts of unconventional shale development. This is the first volume to focus solely on the economics and related financial impacts of this development. This book not only fills the research gap, but also provides information that policy makers and the public need to better understand this pressing issue.

Help for Declining Natural Gas Production Seen in the Unconventional Sources of Natural Gas

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Author :
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Help for Declining Natural Gas Production Seen in the Unconventional Sources of Natural Gas by : United States. General Accounting Office

Download or read book Help for Declining Natural Gas Production Seen in the Unconventional Sources of Natural Gas written by United States. General Accounting Office and published by . This book was released on 1980 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: When he and his older brother Gordon are left camping alone in the Rocky Mountains, twelve-year-old Doug faces his fear of heights and his feelings about Gordon--with the help of a cougar.

Evaluation and Prediction of Unconventional Gas Resources in Underexplored Basins Worldwide

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (85 download)

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Book Synopsis Evaluation and Prediction of Unconventional Gas Resources in Underexplored Basins Worldwide by : Kun Cheng

Download or read book Evaluation and Prediction of Unconventional Gas Resources in Underexplored Basins Worldwide written by Kun Cheng and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: As gas production from conventional gas reservoirs in the United States decreases, industry is turning more attention to the exploration and development of unconventional gas resources (UGR). This trend is expanding quickly worldwide. Unlike North America where development of UGRs and technology is now mature and routine, many countries are just beginning to develop unconventional gas resources. Rogner (1996) estimated that the unconventional gas in place, including coalbed methane, shale gas and tight-sand gas, exceeds 30,000 Tcf worldwide. As part of a research team, I helped to develop a software package called Unconventional Gas Resource Advisory (UGRA) System which includes the Formation Analog Selection Tool (FAST) and Basin Analog Investigations (BASIN) to objectively and rapidly identify and rank mature North American formations and basins that may be analogous to nascent international target basins. Based on BASIN and FAST results, the relationship between mature and underexplored basins is easily accessed. To quantify the unconventional resource potential in typical gas basins, I revised and used a computer model called the Petroleum Resources Investigation Summary and Evaluation (PRISE) (Old, 2008). This research is based on the resource triangle concept, which implies that all natural resources, including oil and gas, are distributed log-normally. In this work, I describe a methodology to estimate values of technically recoverable resources (TRR) for unconventional gas reservoirs by combining estimates of production, reserves, reserves growth, and undiscovered resources from a variety of sources into a logical distribution. I have also investigated mature North American unconventional gas resources, and predict unconventional resources in underexplored basins worldwide for case study. Based on the results of testing BASIN and PRISE, we conclude that our evaluation of 24 North American basins supports the premise that basins analysis can be used to estimate UGRs.

Modern Shale Gas Development in the United States

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Publisher :
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Modern Shale Gas Development in the United States by :

Download or read book Modern Shale Gas Development in the United States written by and published by . This book was released on 2009 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Global Impact of Unconventional Energy Resources

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Author :
Publisher : Lexington Books
ISBN 13 : 1498566081
Total Pages : 317 pages
Book Rating : 4.4/5 (985 download)

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Book Synopsis Global Impact of Unconventional Energy Resources by : Manochehr Dorraj

Download or read book Global Impact of Unconventional Energy Resources written by Manochehr Dorraj and published by Lexington Books. This book was released on 2018-11-26 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: The chapters in this volume represent the latest thinking on the development and exploration of unconventional energy resources in the U.S., Canada, Australia, Europe, Russia, Asia Pacific, Middle East, Latin America, and Africa and shed light on its potential and future prospects in these respective regions. The diversity of thinking about the “shale revolution” is also evident in our case studies. Throughout many countries in Europe for example, there is a strong preference for investment in renewable sources of energy over the fossil fuels. In addition to environmental concerns, the falling price of renewables, have also made them more attractive financially. Consequently, global investment in renewables is outpacing that of fossil fuel two to one. Watching this trend, in 2017, the Chinese government has pledged to invest $360 billion on renewable energy. This would make China the largest investor in development of renewables in the world. Other obstacles to development of shale oil and gas in other parts of the world include, lack of adequate shale resources (Africa), the abundance of conventional energy resources (Middle East and North Africa), high cost of production (Russia, China, Japan) and political opposition to hydraulic fracturing (France and Poland). Despite these sentiments the economic imperatives (providing employment) also play a significant role in determining the future prospects for unconventional energy resources globally.

Unconventional: Natural Gas Developmt from Marcellus Shale

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Author :
Publisher : Geological Society of America
ISBN 13 : 0813725275
Total Pages : 160 pages
Book Rating : 4.8/5 (137 download)

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Book Synopsis Unconventional: Natural Gas Developmt from Marcellus Shale by : Daniel J. Soeder

Download or read book Unconventional: Natural Gas Developmt from Marcellus Shale written by Daniel J. Soeder and published by Geological Society of America. This book was released on 2017 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: "An excellent objective explanation of the history, science, technology, politics, environmental concerns, and economics of the shale gas boom. The author clearly has great practical experience of the science and technology of shale gas development and shows a deep understanding of the environmental and economic issues." --Andrew Stone, Executive Director, American Ground Water Trust New technology has opened vast reserves of "unconventional" natural gas and oil from shales like the Marcellus in the Appalachian Basin, making the United States essentially energy independent for the first time in decades. Shale gas had its origins in the oil embargos and energy crises of the 1970s, which led to government research to increase domestic energy supplies. The first large-scale shale gas production was successful on the Barnett Shale in Texas in the late 1990s, followed a few years later by the Marcellus Shale in Pennsylvania. Shale gas has changed thinking about fossil energy supplies worldwide, but the development of these resources has been controversial. Activists have made claims that hydraulic fracturing may contribute to climate change, threaten groundwater resources, and pose risks to terrestrial and aquatic ecosystems, and human health. This volume explores the geology, history, technology, and potential environmental impacts of Marcellus Shale gas resources.

The Shale Dilemma

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Publisher : University of Pittsburgh Press
ISBN 13 : 082298301X
Total Pages : 287 pages
Book Rating : 4.8/5 (229 download)

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Book Synopsis The Shale Dilemma by : Shanti Gamper-Rabindran

Download or read book The Shale Dilemma written by Shanti Gamper-Rabindran and published by University of Pittsburgh Press. This book was released on 2017-11-30 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: The US shale boom and efforts by other countries to exploit their shale resources could reshape energy and environmental landscapes across the world. But how might those landscapes change? Will countries with significant physical reserves try to exploit them? Will they protect or harm local communities and the global climate? Will the benefits be shared or retained by powerful interests? And how will these decisions be made? The Shale Dilemma brings together experts working at the forefront of shale gas issues on four continents to explain how countries reach their decisions on shale development. Using a common analytical framework, the authors identify both local factors and transnational patterns in the decision-making process. Eight case studies reveal the trade-offs each country makes as it decides whether to pursue, delay, or block development. Those outcomes in turn reflect the nature of a country's political process and the power of interest groups on both sides of the issue. The contributors also ask whether the economic arguments made by the shale industry and its government supporters have overshadowed the concerns of local communities for information on the effects of shale operations, and for tax policies and regulations to ensure broad-based economic development and environmental protection. As an informative and even-handed account, The Shale Dilemma recommends practical steps to help countries reach better, more transparent, and more far-sighted decisions.

An Overview of Unconventional Oil and Natural Gas

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Author :
Publisher : CreateSpace
ISBN 13 : 9781505321661
Total Pages : 30 pages
Book Rating : 4.3/5 (216 download)

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Book Synopsis An Overview of Unconventional Oil and Natural Gas by : Congressional Research Congressional Research Service

Download or read book An Overview of Unconventional Oil and Natural Gas written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2014-11-21 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States has seen resurgence in petroleum production, mainly driven by technology improvements-especially hydraulic fracturing and directional drilling-developed for natural gas production from shale formations. Application of these technologies enabled natural gas to be economically produced from shale and other unconventional formations, and contributed to the United States becoming the world's largest natural gas producer in 2009. Use of these technologies has also contributed to the rise in U.S. oil production over the last few years. In 2009, annual oil production increased over 2008, the first annual rise since 1991, and has continued to increase each year since. Between January 2008 and May 2014, U.S. monthly crude oil production rose by 3.2 million barrels per day, with about 85% of the increase coming from shale and related tight oil formations in Texas and North Dakota. Other tight oil plays are also being developed, helping raise the prospect of energy independence, especially for North America. The rapid expansion of tight oil and shale gas extraction using high-volume hydraulic fracturing has raised concerns about its potential environmental and health impacts. These concerns include potential direct impacts to groundwater and surface water quality, water supplies, and air quality. In addition, some have raised concerns about potential long-term and indirect impacts from reliance on fossil fuels and resulting greenhouse gas emissions and influence on broader energy economics. This report focuses mainly on actions related to controlling potential direct impacts. States are the primary regulators of oil and gas production on non-federal lands. State laws and regulations governing oil and gas production have been evolving across the states in response to changes in production practices as producers have expanded into tight oil, shale gas, and other unconventional hydrocarbon formations. However, state rules vary considerably, leading to calls for more federal oversight of unconventional oil and gas extraction activities, and hydraulic fracturing specifically. Although provisions of several federal environmental laws can apply to certain activities related to oil and gas production, proposals to expand federal regulation in this area have been highly controversial. Some advocates of a larger federal role point to a wide range of differences among state regulatory regimes, and argue that a national framework is needed to ensure a consistent minimum level of protection for surface and groundwater resources, and air quality. Others argue against more federal involvement, and point to the long-established state oil and natural gas regulatory programs, regional differences in geology and water resources, and concern over regulatory redundancy. The federal role in regulating oil and gas extraction activities-and hydraulic fracturing, in particular-has been the subject of considerable debate and legislative proposals for several years, but legislation has not been enacted. While congressional debate has continued, the Administration has pursued a number of regulatory initiatives related to unconventional oil and gas development under existing statutory authorities.

Risks, Rewards and Regulation of Unconventional Gas

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Author :
Publisher : Cambridge University Press
ISBN 13 : 110712008X
Total Pages : 513 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis Risks, Rewards and Regulation of Unconventional Gas by : R. Quentin Grafton

Download or read book Risks, Rewards and Regulation of Unconventional Gas written by R. Quentin Grafton and published by Cambridge University Press. This book was released on 2017 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the drivers and implications of unconventional gas at regional, national and global scales with case studies and in-depth analyses.

Unconventional Petroleum Geology

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Author :
Publisher : Elsevier
ISBN 13 : 0128122358
Total Pages : 508 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Unconventional Petroleum Geology by : Caineng Zou

Download or read book Unconventional Petroleum Geology written by Caineng Zou and published by Elsevier. This book was released on 2017-03-10 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unconventional Petroleum Geology, Second Edition presents the latest research results of global conventional and unconventional petroleum exploration and production. The first part covers the basics of unconventional petroleum geology, its introduction, concept of unconventional petroleum geology, unconventional oil and gas reservoirs, and the origin and distribution of unconventional oil and gas. The second part is focused on unconventional petroleum development technologies, including a series of technologies on resource assessment, lab analysis, geophysical interpretation, and drilling and completion. The third and final section features case studies of unconventional hydrocarbon resources, including tight oil and gas, shale oil and gas, coal bed methane, heavy oil, gas hydrates, and oil and gas in volcanic and metamorphic rocks. Provides an up-to-date, systematic, and comprehensive overview of all unconventional hydrocarbons Reorganizes and updates more than half of the first edition content, including four new chapters Includes a glossary on unconventional petroleum types, including tight-sandstone oil and gas, coal-bed gas, shale gas, oil and gas in fissure-cave-type carbonate rocks, in volcanic reservoirs, and in metamorphic rocks, heavy crude oil and natural bitumen, and gas hydrates Presents new theories, new methods, new technologies, and new management methods, helping to meet the demands of technology development and production requirements in unconventional plays

Unconventional Resources in the Oil and Gas Industry

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Author :
Publisher : Editora Dialética
ISBN 13 : 6527037333
Total Pages : 341 pages
Book Rating : 4.5/5 (27 download)

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Book Synopsis Unconventional Resources in the Oil and Gas Industry by : Eduardo Pereira

Download or read book Unconventional Resources in the Oil and Gas Industry written by Eduardo Pereira and published by Editora Dialética. This book was released on 2024-08-12 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence of unconventional oil and gas extraction, known as the "shale revolution", since 2008 has fundamentally reshaped the global energy sector. This revolution, driven by technological advancements in hydraulic fracturing and horizontal drilling, has unlocked vast reserves of oil and gas previously deemed inaccessible. Despite challenges like the COVID-19 pandemic, fluctuating oil prices, and growing environmental concerns, unconventional resources continue to play a pivotal role in shaping energy policies worldwide. This book delves deeply into the transformative impact of unconventional resources on international energy markets and policies, providing a comprehensive analysis of their significance. Written by over 20 experts in oil and gas law, the book offers a rich, multidisciplinary perspective. It covers topics that are "horizontal" and cut across various jurisdictions, providing a comparative approach that spans 11 different countries, including the USA, Canada, Argentina, Brazil, Colombia, Mexico, the UK, Algeria, Libya, China, and Germany. This extensive analysis ensures a broad understanding of the global landscape of unconventional resources. Main themes include: · Global Impact: Unconventional resources have not only transformed the United States into a leading oil and gas producer but have also significantly influenced energy strategies worldwide. Countries across North America, South America, Europe, and Asia have adopted various strategies to harness these resources, reshaping the global energy market. · Policy Considerations: Key policy issues addressed in the book include the environmental and social impacts of unconventional resource extraction. Topics such as water management, the coexistence of drilling operations with other land uses, and the social implications of resource extraction are thoroughly examined. · Legal Framework: The book explores the complex legal landscape governing unconventional operations, delves into stakeholder dynamics, regulatory frameworks, and the intricacies of legal provisions that vary from one jurisdiction to another. · Geographical Analysis: In its second part, the book provides an in-depth analysis of specific country regulations. This section offers comparative insights into the regulatory approaches of eleven countries, highlighting both common challenges and unique strategies. The book concludes by exploring lessons learned and future perspectives within the framework of the energy trilemma—balancing energy security, environmental sustainability, and economic affordability. It emphasizes the transformative impact of unconventional resources on energy independence and security, while also addressing the contentious environmental considerations that accompany such developments. Overall, this book aims to equip readers with a comprehensive understanding of the legal and regulatory landscape surrounding unconventional oil and gas resources. By examining global experiences and diverse regulatory frameworks, it seeks to inform decision-making processes and promote sustainable development in the unconventional energy sector. The book benefits from critical analyses and comparative descriptive reviews of each country's unique approach, making it an invaluable resource for policymakers, industry professionals, and scholars alike.

Influence of shale gas development in Europe on gas market trends

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Author :
Publisher : GRIN Verlag
ISBN 13 : 365663534X
Total Pages : 25 pages
Book Rating : 4.6/5 (566 download)

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Book Synopsis Influence of shale gas development in Europe on gas market trends by : Stefanie Elzholz

Download or read book Influence of shale gas development in Europe on gas market trends written by Stefanie Elzholz and published by GRIN Verlag. This book was released on 2014-04-11 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studienarbeit aus dem Jahr 2011 im Fachbereich Energiewissenschaften, Note: 1,9, Universität Leipzig (Institut für Infrastruktur und Ressourcenmanagement), Veranstaltung: Energy System Modelling, Sprache: Deutsch, Abstract: In Europe, a “new” unconventional energy resource begins to be explored. The so called shale gas isn’t a new discovery, but its production has been too complex and expensive for a long time. Since rough quantities of shale gas have been exploited in North America, the global gas markets are changing. The European gas market is also affected by these changes which are characterized by an increasing gas supply and declining prices. Since Europe also has shale gas resources, the production of this unconventional gas might be attractive now. The present report investigates and evaluates the shale gas potentials in Europe. Against the background of energy policy targets like supply security and carbon emissions reduction, the option of shale gas as solution approach for these targets has to be evaluated. Although the production is meanwhile mostly profitable, active exploitation in Europe is not yet carried out because environmental concerns and the “green” lobby are countering. Nonetheless, shale gas is most likely to take a significant share of the future energy mix.