Podcast
Questions and Answers
Russia has the smallest natural gas reserves in the world.
Russia has the smallest natural gas reserves in the world.
False
The second largest gas field in the world is located in Urengoy, Russia.
The second largest gas field in the world is located in Urengoy, Russia.
True
Natural gas consumption rose by 5% globally in 2019.
Natural gas consumption rose by 5% globally in 2019.
False
The US is projected to deplete its natural gas sources in the next 90 years.
The US is projected to deplete its natural gas sources in the next 90 years.
Signup and view all the answers
By 2035, natural gas demand is expected to remain the same as today.
By 2035, natural gas demand is expected to remain the same as today.
Signup and view all the answers
Urengoy gas field has only one reservoir.
Urengoy gas field has only one reservoir.
Signup and view all the answers
Natural gas consumption in the US and China is among the highest in the world.
Natural gas consumption in the US and China is among the highest in the world.
Signup and view all the answers
Natural gas sources are primarily found in deep reservoirs over 5,000 feet.
Natural gas sources are primarily found in deep reservoirs over 5,000 feet.
Signup and view all the answers
Iran and Qatar have the largest natural gas reserves in the world.
Iran and Qatar have the largest natural gas reserves in the world.
Signup and view all the answers
The Middle East region's major gas potential is associated with the Arabian-Iranian basin.
The Middle East region's major gas potential is associated with the Arabian-Iranian basin.
Signup and view all the answers
The North Field and South Pars contain more than 28 tcm of natural gas reserves.
The North Field and South Pars contain more than 28 tcm of natural gas reserves.
Signup and view all the answers
Urengoy began production in 1978 and is the largest gas field in the world.
Urengoy began production in 1978 and is the largest gas field in the world.
Signup and view all the answers
The Urengoy gas field is located in the Middle East.
The Urengoy gas field is located in the Middle East.
Signup and view all the answers
Yamburg gas field's original reserves were estimated at 4.7 tcm of gas.
Yamburg gas field's original reserves were estimated at 4.7 tcm of gas.
Signup and view all the answers
The Khuff formation is an important gas-bearing horizon in the Middle East.
The Khuff formation is an important gas-bearing horizon in the Middle East.
Signup and view all the answers
The Hugoton gas field has an estimated ultimate recovery of 2.5 tcm.
The Hugoton gas field has an estimated ultimate recovery of 2.5 tcm.
Signup and view all the answers
Natural gas consumption showed a significant increase in 2019.
Natural gas consumption showed a significant increase in 2019.
Signup and view all the answers
Reserves of natural gas are predicted to last forever.
Reserves of natural gas are predicted to last forever.
Signup and view all the answers
The Marcellus Shale is located in the states of Pennsylvania, Ohio, and West Virginia.
The Marcellus Shale is located in the states of Pennsylvania, Ohio, and West Virginia.
Signup and view all the answers
Demand for natural gas is expected to decrease significantly in the coming years.
Demand for natural gas is expected to decrease significantly in the coming years.
Signup and view all the answers
Canada has a smaller estimated amount of proven natural gas reserves than the United States.
Canada has a smaller estimated amount of proven natural gas reserves than the United States.
Signup and view all the answers
Elmworth was discovered in Alberta in 1976 and is one of the largest gas fields in Canada.
Elmworth was discovered in Alberta in 1976 and is one of the largest gas fields in Canada.
Signup and view all the answers
The gas from Hugoton is primarily produced from a series of Granitic formations.
The gas from Hugoton is primarily produced from a series of Granitic formations.
Signup and view all the answers
Urengoy's output has remained constant over the years since its initial production.
Urengoy's output has remained constant over the years since its initial production.
Signup and view all the answers
Study Notes
Natural Gas Reserves
- The top ten countries with the highest natural gas reserves account for almost two-thirds of the world's total proven natural gas reserves.
- Global natural gas consumption increased by 78 billion cubic meters in 2019, significantly lower than the growth rate in 2018.
- US and China were the largest consumers of natural gas in 2019.
- At the current consumption rate, natural gas sources in the US are projected to be depleted in the next 90 years.
- By 2035, the demand for natural gas is expected to nearly double, putting pressure on countries with significant reserves to meet global demand.
Russia
- Russia has the largest natural gas reserves globally, estimated at 47 tcm (1,680 tcf).
- Russia is among the world's largest producers of natural gas, often switching positions with the United States.
- Some of the world's largest gas fields are located in West Siberia, Russia, east of the Gulf of Ob on the Arctic Circle.
- Urengoy, the world's second largest gas field, was discovered in West Siberia in 1966 and is estimated to have initial reserves of 8.1 tcm (286 tcf).
- Urengoy has 15 separate reservoirs, with the deepest being a gas condensate zone in Upper Jurassic strata.
- Urengoy began production in 1978 and remains the world's highest-producing gas field despite declining output.
- Yamburg, Russia's second largest gas field, was discovered north of the Arctic Circle and north of Urengoy, with estimated initial reserves of 4.7 tcm (166 tcf).
- Orenburg, discovered in the Volga-Urals region in 1967, is the largest Russian gas field outside West Siberia, with initial reserves of 1.8 tcm (64 tcf).
North America
- The United States has proven natural gas reserves of 9.7 tcm (341 tcf).
- The Marcellus Shale, the largest gas field in the United States, could contain up to 14 tcm (500 tcf) of reserves.
- The Marcellus Shale spans Pennsylvania, Ohio, West Virginia, New York, and parts of neighboring states.
- The Hugoton gas field was discovered in 1927 in Kansas and extends into Oklahoma and Texas.
- Hugoton has an estimated ultimate recovery of 1.5 tcm (53 tcf), of which 65% has been produced.
- Canada has an estimated 2.1 tcm (73 tcf) of proven natural gas reserves.
- Elmworth, one of Canada's largest gas fields, was discovered in Alberta in 1976 and contained approximately 560 bcm (20 tcf) of gas in a Cretaceous sandstone reservoir.
Middle East
- The Middle East holds enormous natural gas potential associated with major oil fields in the Arabian-Iranian basin.
- The Permian Khuff formation underlies most of the Middle East and is a significant gas-bearing horizon.
- The North Field of offshore Qatar and South Pars of offshore Iran, the world's largest nonassociated natural gas field, is estimated to contain over 28 tcm (1,000 tcf) of reserves.
- Based on their reserves, Iran and Qatar hold the second and third largest natural gas reserves globally, respectively.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Related Documents
Description
Explore the global landscape of natural gas reserves, highlighting the top countries and key consumption trends. Discover the implications of rising demand and the future of natural gas, with a special focus on Russia's leading position in reserves and production.
