HeWhoMustNotBeNamed contacted me and had a great question about other potential shale plays in the world. Also there was a comment made asking why there are no threads in this forum covering the global topic pf shale plays, fracking, etc. Since some of us work in the industry and have the potential to apply our skills overseas, I too thought this is something the site is lacking so lets discuss it.
I looked at a report which covers 137 shales formations in 41 countries. Here is a list of the top 10 with shale oil and shale gas resources.
Top 10 Countries with technically recoverable shale oil resources...
1)Russia, 2)USA, 3)China, 4)Argentina, 5)Libya, 6)Australia, 7)Venezuela, 8 )Mexico, 9)Pakistan, 10)Canada
Top 10 Countries with technically recoverable shale gas resources...
1)China, 2)Argentina, 3)Algeria, 4)USA, 5)Canada, 7)Australia, 8 )South Africa, 9)Russia, 10)Brazil
Technically recoverable does not mean the resources in these countries are economically recoverable resources at this time (which is where the technology created right here in the USA comes into play and offers the current North American oilfield worker the potential to apply their skills overseas). For example, China ranks #1 in technically recoverable shale gas but they do not have the technology, know how, or above ground resources to profitably bring the resource to market yet.
Another consideration is political. France has recently been in the news as they have outright banned fracking in their country. While they do not have huge reserves, what they do have could lower their dependence on imported natural gas (Europe imports a huge percentage of their nat gas from Russia).
Yet another consideration is environmental. Places like Australia have been friendly toward resource extraction industries over the years, but a lack of water there could be a big concern going forward. Also environmental activists have become more vocal in trying to put a halt to fracking. Just this week groups in Canada made the world news for their protests against the fracking process. It is hard to determine when a tipping point like the one reached in France could occur in another country and lead to an outright ban there.
So what do you think, do you have the skills to take overseas and apply toward shale oil and gas extraction? I would be interested to also hear from those who have been offered work overseas and what in particular you would be doing and where.
Top countries with Shale plays OUTSIDE the USA for those looking to work overseas...
Discussion in 'Oilfield Trucking Forum' started by Rockdoctor, Oct 21, 2013.
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d o g Thanks this.
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I don't think many of us will have an opputunity or reason to go overseas. Hands do usually get exported to other places to work only the ones with the real knowledge. It's a huge expensive for companies to bring in foreigners. I know when pa and nd kicked off they were taking hands from Texas to go up there and work but once the locals were trained all the Texas boys either came home or relocated.
Personally I wouldn't wanna go work in china, Russia, Pakistan, or any other third world country. Our jobs are dangerous enough. I would hate to see how the handle safety in a country that doesn't value human life like ours. -
I guess you haven't heard that a Chinese company bought Frac Tech a couple years ago. Frac Tech was the pioneers of fracking. Them Cisco brothers made billions.
HeWhoMustNotBeNamed Thanks this. -
And if you do work overseas you'll be in a compound that has most of the aminites of home. And if its a dangerous place you'll have security too.
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And frac tech hasn't fraced one well in china that I'm aware of. Overseas work would be nice but your not gonna see a bunch of truck drivers and regular frac hands go. I know Halliburton special services has overseas frac but the only take blender tenders and above. They have locals to do everything else for them like move the equipment and rig up and down.
Ben Gunn Thanks this.
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