PKN plays down shale gas talk

摘要

Poland's shale gas reserves could be much lower than current estimates, the head of PKN Orlen's upstream business said February 15. Wieslaw Prugar, the CEO of Orlen Upstream, told Polish radio he believed a new estimate of the country's recoverable shale gas reserves would show they were "several times less" than the 5.3 trillion cubic meters estimated by the US Energy Information Administration (EIA). The Polish Geological Institute, in cooperation with the US Geological Survey, will complete a new estimate based on the test drilling results so far this month. The EIA estimate was based on data before any test wells were drilled in Poland, and since then companies have reported the results of exploration work with varying degrees of success. Most of the test shale gas wells have so far been drilled in Poland's onshore Baltic Basin in Pomerania, northern Poland.