Introduction
Now, Australia urgently faces the resource issue. In this issue, Coal seam gas (CSG) has been focused for new resource. Australia has large reserves of CSG in high permeability reservoirs is one of the reason. By the way, CSG has been met with a mixture of praise and criticism that consideration should be made with regards to sustainability and how effect on Australian community or environment.
Definition of ‘fracking’
Fracking is shorthand for the drilling of hydraulic fracturing. Creating fractures in rocks anywhere from 300 to 1000 meters deep and then rock formations by injecting fluid into cracks further open to oil and gas flow out of the formation. Recently, the cutting-edge technologies as hydraulic fracturing and horizontal drilling are combined for drilling oil and natural gas production.
Why is CSG important to Australia?
- …show more content…
Large conventional gas resources exist offshore from Western Australia, but these are not connected to the eastern market. Gas producers have turned to CSG to supply expanding demand and replace declining supplies from conventional gas fields. Proponents also point to a valuable export market from CSG, once liquefaction plants open at Gladstone in Queensland from late 2014. CSG industry is available to be sustainability due to Eastern Australia has large reserves of CSG in high permeability reservoirs. CSG occupies a significant proportion of natural gas to provide a secure supply for Australia and international markets. Production of gas generates revenue for industry and government that have social and economic benefits for Australia. Iron ore and concentrates, coal and natural gas made up around 40 per cent of Australia’s exports at a value of around $124 billion. For the foreseeable future, Australia will continue to be a major supplier of crucial energy and raw materials to the rest of the world, especially Asian
Now, Australia urgently faces the resource issue. In this issue, Coal seam gas (CSG) has been focused for new resource. Australia has large reserves of CSG in high permeability reservoirs is one of the reason. By the way, CSG has been met with a mixture of praise and criticism that consideration should be made with regards to sustainability and how effect on Australian community or environment.
Definition of ‘fracking’
Fracking is shorthand for the drilling of hydraulic fracturing. Creating fractures in rocks anywhere from 300 to 1000 meters deep and then rock formations by injecting fluid into cracks further open to oil and gas flow out of the formation. Recently, the cutting-edge technologies as hydraulic fracturing and horizontal drilling are combined for drilling oil and natural gas production.
Why is CSG important to Australia?
- …show more content…
Large conventional gas resources exist offshore from Western Australia, but these are not connected to the eastern market. Gas producers have turned to CSG to supply expanding demand and replace declining supplies from conventional gas fields. Proponents also point to a valuable export market from CSG, once liquefaction plants open at Gladstone in Queensland from late 2014. CSG industry is available to be sustainability due to Eastern Australia has large reserves of CSG in high permeability reservoirs. CSG occupies a significant proportion of natural gas to provide a secure supply for Australia and international markets. Production of gas generates revenue for industry and government that have social and economic benefits for Australia. Iron ore and concentrates, coal and natural gas made up around 40 per cent of Australia’s exports at a value of around $124 billion. For the foreseeable future, Australia will continue to be a major supplier of crucial energy and raw materials to the rest of the world, especially Asian