Oleska shale gas deposit

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 28×10^6 m3/d
1,000×10^6 cu ft/d 10×10^9 m3/a (350×10^9 cu ft/a)
Recoverable gas 1.56×10^12 m3
53×10^12 cu ft

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. [1][2]

In December 2014, Chevron terminated the agreement with the Government of Ukraine for a 50 interest in and operatorship of Oleska Shale Block.[3]

References

  1. ↑ "Ukraine's Oil and Natural Gas Reserves". viableopposition.fr. 2014. Retrieved 2014-03-31.
  2. ↑ "Chevron continues negotiations on production sharing agreement". shalegas.in.ua. 2013. Retrieved 2014-03-31.
  3. ↑ "Supplement to Chevron Annual Report 2014, page 35" (PDF). chevron.com. Retrieved 2015-11-13.

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