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 (1.5×1012 m3)(1500 km3) and production is slated to be around 1 billion cubic feet per day (28×106 m3/d). The total exploration investment is expected to be about US$350 million. [1][2]
| Oleska | |
|---|---|
| Country | Ukraine |
| Region | Lviv Oblast Ivano-Frankivsk Oblast Ternopil Oblast |
| Offshore/onshore | onshore |
| Operator | Chevron Corporation |
| Partners | Chevron Corporation Nadra |
| Field history | |
| Discovery | 2010 |
| Start of production | 2017 |
| Production | |
| Current production of gas | 28×106 m3/d 1,000×106 cu ft/d 10×109 m3/a (350×109 cu ft/a) |
| Recoverable gas | 1.56×1012 m3 53×1012 cu ft |
In December 2014, Chevron terminated the agreement with the Government of Ukraine.[3] “We have just terminated that PSA (product sharing agreement),” says Peter Clark, Chevron’s country manager. “When it was signed, things had to be done, but not all of them got done.”[4]
See also
editReferences
edit- ^ "Ukraine's Oil and Natural Gas Reserves". viableopposition.fr. 2014. Retrieved 2014-03-31.
- ^ "Chevron continues negotiations on production sharing agreement". shalegas.in.ua. 2013. Retrieved 2014-03-31.
- ^ "Supplement to Chevron Annual Report 2014, page 35" (PDF). chevron.com. Retrieved 2015-11-13.
- ^ Gorchinskaya, Katya (2014-12-15). "Chevron pulls out of gas extraction in western Ukraine". Kyiv Post. Retrieved 2024-08-02.
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