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Friday, June 14, 2013
The US Department of Energy (DOE) has raised its estimates of Algeria’s shale gas potential. According to a report Algeria’s shale gas resources were revised upwards by three times to an estimated 19,800 Bcm from the previous 2011 estimate of 6,440 Bcm.
In its updated report covering 42 countries, the US Department of State presented a comprehensive technical and geological survey along with maps on the unconventional hydrocarbon resources in Algeria, about thirty pages in all. The upward revision puts Algeria in third behind Argentina and China.
The report states that Algeria has seven basins with shale formations, the Mouydir, Ahnet, Berkine-Ghadames, Timimoun, Reggane, and Tindouf. The report also notes that Sonatrach has undertaken a “comprehensive effort” to define the size and quality of its shale gas and oil resources, and to establish a database on the main shale basins of Algeria.
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