Posts Tagged ‘Arkansas’

American Natural Gas Shale Deposits

American natural gas shale deposits are in several regions of the nation. The best known is the Marcellus Shale Deposit that covers the states of New York, Pennsylvania, West Virginia, and Ohio. To a lesser extent, the states Maryland and Virginia, along with Lake Erie, also have a limited amount under them.

Right next to the Marcellus deposit is the Devonian Shale Deposit that reaches from Ohio in the north, to Tennessee in the south. These two together are the largest deposits in the nation, with estimated 500 trillion cubic feet of natural gas deposits in the shale rock bed.

The second largest region is the Barnett Shale Deposit in northern Texas. This deposit covers 17 counties including the Dallas-Fort Worth metropolitan area. Other significant deposits are the Haynesville Shale Deposit in the northwestern portion of Louisiana, and Fayetteville Shale Deposit in Arkansas.

There are other smaller deposits in Wyoming, Utah, Kansas, Oklahoma, Illinois, and Michigan, each one with proven reserves that is currently being tapped. What has slowed the recovery of these deposits is the drop in the price of natural gas.

The decline in prices is not due to a reduction in the demand for this domestic natural resource, but the plentiful supply of it. This in turn has reduced the profit potential of recovering this type of deposit.

Unlike other reservoirs, horizontal drilling must occur with fracking the wells to recover natural gas from the shale deposits. This has slowed the recovery of the natural gas from these regions slightly.

European countries are starting to venture into the US market with interest in our natural gas deposits. Their reliance on Russian gas has been problematic for years, so a switch to America is gaining strength.

This should not be a worry since the American natural gas shale deposits are large enough to last America with over 100 years of this energy reserve, we will not be running out any time soon.