Where is shale mined in Australia?
The majority of Australian shale oil resources of commercial interest are located in Queensland, in the vicinity of Gladstone and Mackay. Thick Cenozoic lacustrine oil shale deposits (lamosite) of commercial interest are predominantly in a series of narrow and deep extensional basins near Gladstone and Mackay.
Where can I find shale gas?
Shales were deposited in ancient seas, river deltas, lakes and lagoons and are one of the most abundant sedimentary rock types, found at both the Earth’s surface and deep underground. Shale gas is natural gas found in shale deposits, where it is trapped in microscopic or submicroscopic pores.
Where does Australia’s gas come from?
Bass Strait, Victoria and Tasmania. For the last few decades, Bass Strait has been supplying most of eastern Australia’s domestic gas. For decades, these conventional gas fields have been the primary suppliers of Victoria and New South Wales’ gas needs but they are starting to run out of gas.
Which is the largest producer of shale gas in the world?
China has the biggest shale gas reserve in the world. China has 1.5 times of global shale gas reserves of the United States.
Is Australia rich in oil?
Australia has about 0.3 per cent of the world oil reserves. Most of Australia’s known remaining oil resources are condensate and liquefied petroleum gas (LPG) associated with giant offshore gas fields in the Browse, Carnarvon and Bonaparte basins.
What is shale oil vs crude oil?
The primary distinction between crude or conventional oil and shale oil is the way it collects. The oil in shale is typically found in smaller batches. As a result, shale oil often needs to be fractured so that the oil trapped within the shale can be recovered.
What are the advantages of shale gas?
It notes that done properly, shale gas development can enhance energy security and the availability of energy fuels, lower natural gas prices, offer a cleaner environmental footprint than some other fossil fuels, and enable local economic development.
What type of gas is used in homes in Australia?
liquefied petroleum gas
LPG (or liquefied petroleum gas) is a versatile fuel that is commonly used in Australian homes and businesses. Home appliances can run on either natural gas or LPG, so it’s worthwhile knowing the differences between them. LPG is produced during oil refining or is extracted during the natural gas production process.
Do we need gas in Australia?
Gas is a heavy source of emissions. While it is a cleaner-burning fossil fuel than coal, it is a fossil fuel nonetheless, and Australia needs to reduce its reliance on all fossil fuels over time in order to achieve its climate targets.
Which country has most shale gas reserves?
Russia has the largest proved natural gas reserves in the world.
How long will oil last in Australia?
Oil Reserves in Australia Australia has proven reserves equivalent to 2.9 times its annual consumption. This means that, without imports, there would be about 3 years of oil left (at current consumption levels and excluding unproven reserves).
Where are shale gas resources located in Australia?
Home to numerous basins, the most popular unconventional targets are located in the Cooper Basin. Other popular basins include the Eromanga and Georgina. According to the U.S. Energy Information Administration, shale gas resources in… Get the latest Australia Oil & Gas news in your inbox each day.
How big is the oil shale in Queensland?
Oil shale in the marine Toolebuc Formation of Early Cretaceous age underlies about 484,000 km2 in parts of the Eromanga and Carpenteria Basins in Queensland and adjacent States. The oil-shale zone ranges from 6.5 to 7.5 m in thickness but yields on average only about 37 l/t, making it a low-grade resource.
Which is the third largest energy resource in Australia?
Natural gas is a combustible mixture of hydrocarbon gases. Australia has significant and growing gas resources, with gas being Australia’s third largest energy resource.
What are some of the concerns about shale gas?
A source of concern is the amount of water used in the hydraulic fracturing process during shale gas production. Another concern is that hydraulic fracturing fluids may leave shale rock and enter fresh water aquifers, which are layers of porous permeable rock that allow water to flow through easily.