The Polish Oil and gas by the end of 2014 plans to execute or to start drilling in Poland 25 research and operational holes, both conventional and non-conventional as well as hydrocarbons. This means you or start drilling a record number of 40 holes. In the first half of 2014. the company has 15 such wells.
Planned drilling are to open a new, poorly identified exploration areas for non-conventional deposits of shale gas/oil and tight gas in the red rocks spągowca (Dumbarton 4), Carboniferous rocks (Kobylin 1, Welichowo 8) rocks of the Miocene an autochthonous (Kramarzówka 1).
These wells pose a challenge due to the new destination geological so far not recognized in this region and open up opportunities for new perspectives in the future.
In addition, the company will begin to phase in so-called case horizontal holes. roofing slate, in the Pomeranian Voivodeship The first drilling of this cycle is to Wejherowo, concessions 4 h Lubocino pad Lubocino, and follow-up will be more horizontal boreholes in the area of Pomerania in 2015.
Within the framework of conventional exploration on poorly recognized under the Carpathians is drilled deep hole Fredrik-1, the aim of which is to recognize formations and podsolnych to check the possible accumulation of oil and gas. The acquired data will help determine potential zasobowy research area and plan further work aimed at the discovery and sharing of deposits of hydrocarbons.
20% COS for our current Genel operated drill, That s one in five chances. Considering the first 4 Moroccan drills this year were dry, could be the one statistically...but it doesn't t work like that. Still, nothing to loose with that drill as far as SLE is concerned as it s not in the sp (like the previous one). Reading the article makes u realise how unlikely it is to find oil offshore and so wonder why petroleum companies are still prepared to sink a least,£50 million per well when there is so much proven and identified shale gas and oil onshore worldwide. They might then consider investing their cash there instead. This is actually what PVR Ceo O Reilly talked about at their AGM regarding the reasons of the difficulty to find the right partner. Most of the petroleum investment went towards shale ga/oil projects in the usa (80 billion dollars or so). Just wait when the same happens in europe...SLE won t be sitting at 2p ish then anymore!
Poland Shale Gas Industry Outlook to 2025 – Government Strategy and Companies Proclivity to Drive Shale Gas Exploration” presents a comprehensive analysis of the industry covering market size by number of shale gas concessions awarded and by number of shale gas wells drilled in the country. The report also entails information on technological prospects, key policy drivers, potential challenges and trends & developments in the industry. The report illustrates a competitive scenario of major players in the industry along with the market share of major companies on the basis of concessions awarded and shale gas wells drilled.
The primary energy consumed in Poland comprises predominantly of coal, oil, natural gas and renewable sources of energy. The shale gas industry in Poland has been driven by potentially large shale gas reserves, government support, social acceptance and developing interest of E&P companies with positive shale gas test results. The industry has registered a CAGR of 67.1% during 2010-2013 by drilling ~ shale gas wells till the year 2013. These wells were solely drilled by OPPPW (The Polish Exploration and Production Industry Organization) member companies.
State owned PGNiG SA is the leading player with the total of ~ concessions and ~ drilled shale gas wells by the year 2013. It is followed by San Leon Energy with over ~ drilled shale gas wells in the country. PKN ORLEN SA stood at the third position along with 3Legs Resources, BNK Petroleum and Chevron as other leading E&P players operating in Poland Shale Gas Industry.
Poland shale gas industry is estimated to witness ~ drilled shale gas wells by the year 2018 which will increase from ~ drilled shale gas wells in 2013. The future of Poland shale gas industry is expected to be favorable on account of evolving favorable regulatory legislations, increasing inclination of E&P companies due to shale gas flows during test drilling, moderating environmental legislations on hydraulic fracturing techniques and social acceptance. However, the year 2017 is anticipated to be the commercial production year for Poland Shale Gas Industry. The industry is anticipated to witness either moderate, increased foreign investments or accelerated growth scenario. The overall Poland shale gas industry is expected to grow significantly at a CAGR of 26.3% in the forecasted period of 2014-2018.
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