Monday 1 September 2014

PGNiG plans to have 40 new drillings by the end of 2014 to explore new opportunities in shale gas

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Regardless the skepticism on the Polish shale gas and many companies deciding to quit research in that field, Polish Gas and Oil (PGNiG) company continues to pursue the works. As onet.pl reports, PGNiG plans to do 25 more drillings, closing 2014 with the total number of 40 drillings done.

"Drillings are planned to allow to open a new, poorly known areas of exploration for unconventional shale gas / oil and tight gas. (…)They are a challenging due to new geologic target so far not recognized in the region and open up opportunities for new perspectives in the future” – the group points out in the official statement.

The decision of pursuing explaratory drillings gives the PGNiG quite an advantage on the market. Data published by the Ministry of Economy covering the years 2010-2013 illustrates the situation pretty well. At the end of 2013, Poland hasìd 51 exploratory wells in total. The first drilling for natural gas from shale was made ​​in Poland in 2010, having 3 wells at the end of the year. In 2011, there were 12. 2012 was a breakthrough, having total of 24 exploratory wells.
If one compares those numbers with the plan of PGNiG for this year, it is very clear that the company is putting significant effort to be the most powerful player in the exploration of shale gas in Poland. In 2014 PGNiG will have comparable number of drillings as total in period 2010-2013.

Picture below presents the concessions for the exploration of shale gas in Poland. Each colour represents different company, who are listed in the legend of the map.

The map of concessions for the shale gas exploration

 

 
 

Read more :


http://gazlupkowy.pl/listopadowe-zestawienie-prac-poszukiwawczych-w-polsce/

Picture:


http://static2.businessinsider.com/image/51b7315f6bb3f71a0d00000a/the-world-now-has-so-much-shale-gas-that-the-price-of-oil-will-have-to-come-down-to-compete.jpg

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