Australian shale gas industry is years away

摘要

Sydney—Australia’s nascent shale gas industry is still around 10 years from achieving any significant level of production, according to industry consultants Wood Mackenzie. “We are just so early days. To get any sort of substantial production, you are going to have to drill lots of wells, 50 to 100 at least,” Andrew McManus, WoodMac vice president for energy consulting, Australasia, told Platts on the sidelines of last week’s Australian Petroleum Production and Exploration Association, or APPEA, conference in Adelaide.