Samiksha Jaiswal (Editor)

Oleska shale gas deposit

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Country
  
Discovery
  
2010

Start of production
  
2017

Offshore/onshore
  
onshore

Partners
  
Chevron CorporationNadra

Current production of gas
  
28×10^ m/d1,000×10^ cu ft/d 10×10^ m/a (350×10^ cu ft/a)

Recoverable gas
  
1.56×10^ m53×10^ cu ft

Regions
  
Lviv Oblast, Ivano-Frankivsk Oblast, Ternopil Oblast

The Oleska shale gas deposit is an unconventional gas area in Lviv, Ivano-Frankivsk and Ternopil oblasts in Ukraine. It will begin production in 2017 and will produce natural gas and condensates. The total proven reserves of the Olesska gas field are around 53 trillion cubic feet (1.5×10^12 m3) and production is slated to be around 1 billion cubic feet per day (28×10^6 m3/d). The total exploration investment is expected to be about US$350 million.

In December 2014, Chevron terminated the agreement with the Government of Ukraine for a 50 interest in and operatorship of Oleska Shale Block.

References

Oleska shale gas deposit Wikipedia