Provincial Scientists Say Nova Scotia Shale Gas Resources ‘Too Large’ to Dismiss

摘要

Shale deposits on land, declared off limits to industry in 2014, are rich enough to replace Atlantic Canada’s depleted offshore natural gas production network, says a fresh review by government scientists. A new Nova Scotia Onshore Petroleum Atlas, by the province’s energy department, predicts banned horizontal drilling and hydraulic fracturing (fracking) could produce 4.3 Tcf of shale gas and 1.5 Tcf from coal seams. At a realistic price range of US$3.00-9.00/Mcf, Nova Scotia’s recoverable onshore gas resources would eventually yield revenues of $24-73 billion, the latest appraisal said.