Apr 30, 2009
The Horn River Shale's Great Potential

Fort Nelson, British Columbia’s s Horn River basin hale gas potential could turn this isolated corner of Canada into one of the continent’s top gas fields. The Horn River basin covers some 3.2 million acres, stretching from just north of Fort Nelson to the B.C./Northwest Territories border. The heart of the emerging shale play is thought to cover at least a million of those acres.

In-place gas volumes are stunning: the Canadian Society for Unconventional Gas estimates that as much as 500 trillion cubic feet (Tcf) of gas lies in place below the Horn River’s muskeg.

If a standard shale-gas assumption of 20% recovery is applied, the Horn River could hold up to 100 Tcf of recoverable reserves. Considered as a single field, that would place the Horn River in the rarified ranks of the top natural-gas accumulations on the planet. And this is brand-new, never-before-seen gas.

Source:

http://www.worldfuels.com/ostory.php...