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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]
In December 2014, Chevron terminated the agreement with the Government of Ukraine for a 50 interest in and operatorship of Oleska Shale Block.[3]
See also
- Energy in Ukraine
- List of countries by natural gas proven reserves
- Natural gas in Ukraine
- Yuzivska gas field – Ukrainian gas field
References
- ^ "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.
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