Shale gas in Europe: can the revolution be exported? (PPT)

摘要

Shale plays in Europe smaller, deeper, more fragmented Shale is clay-rich and less suitable for hydraulic fracturing Limited drill core data compared to US Relatively strict local environmental regulations Few tax breaks or subsidies for shale exploration Negotiated third party access to pipeline networks Limited market pricing of gas (no Henry Hub equivalent) Limited onshore service industry capabilities Lack of political consensus across EU Smaller land plots; diffused ownership – pooling/unitization will be more difficult Lower public acceptability/support in urbanised Europe As much as ~ 60% of the EU population are opposed to shale gas production No property rights incentive – the state owns the mineral rights Varied rights of land-owners to restrict access for development