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Shale Gas and Peak Oil

Shale Gas will not have a direct effect on Peak Oil because Peak Oil relates to Oil. It will, however, have an effect on peak hydrocarbons (and there is also some condensate).

The difficulty is assessing what effect it has. Key issues are for example that depletion rates for shale gas (possibly 48% in Haynesville) are higher than historic conventional natural gas. (20%)

This presentation looks at some of the issues:

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