Saturday, June 29, 2013

Just how much shale gas does the UK have?

It?s obvious that any attempt to ridicule UK estimates of shale gas resources as inconsequential is absurd, Grealy writes.

By Nick Grealy,?Guest blogger / June 29, 2013

A crew works on a drilling rig at a well site for shale based natural gas in Zelienople, Pa.

Keith Srakocic/AP/File

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Let the original UK shale gas expert, established? August 2008, run you through some numbers. There?s an all you can eat buffet of ?expert? words special today in the restaurant of ideas.?

Skip to next paragraph Nick Grealy

is a shale gas consultant and publisher of No Hot Air, a forum on energy issues published from Britain that follows the emergence of shale gas around the world.?For more of his insights, click?here.

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The average use of a UK gas consumer is 16,500 kWh

There are approximately 10.5 kWh in one cubic meter

The average home thus uses 1,571 cubic meters

UK gas consumption is divided into three equal parts: Electricity generation, heating and industrial use.?

The BGS survey is for Gas in Place, resources,? theoretically present gas resources of 1300 Trillion Cubic Feet. It is only for the Bowland Shale. It does not include figures for Southern Britain's Wessex Basin or the Central Basin in Scotland. ?

1 TCF equals 28.32 Billion cubic meters

The UK Parliament Climate Change Committee used a recovery rate of 10% to estimate the Technically Recoverable gas reserves. ( I think it?s conservative, but at these numbers it?s irrelevant). ?

10% of Bowland Shale is thus 130 TCF or 3681 BCM. That?s 47 years of total UK consumption.? We imported 13.7 BCM in LNG from in 2012.? The UK produced 41 BCM. We imported the rest from the Norwegian and Netherlands North Sea.

Total UK gas use in 2012 was 78 BCM (billion cubic meters).? The entire gas production of the EU in 2012 was 149 BCM.

Total EU gas consumption 2012:? 443 BCM?

Total UK North Sea gas production from the start 1970 through 2012: 2423 BCM

World?s largest gas producer ex US: Russia produced 592 BCM in 2012.?

130 TCF is thus 268 years of LNG imports or 90 years of UK North Sea production, 6.2 years of Russian production, or 32 years of Norwegian production, or 5.4 years of US production, 35.8 years of Qatar production, 23 years of Saudi Arabia production, 75 years of Australian production, 23 years of Canada, 410 years of German production, 32 years of Dutch production.? Pick any number.

It?s obvious that any attempt to ridicule UK figures as inconsequential is absurd.

Source:?BP Statistical Review of World Energy 2013

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