If what Premier Jay Wetherill says is any indication, the state of South Australia may soon have another key driver of economic growth, energy generation capacity and civil construction activity: ‘unconventional’ sources of gas.
Not long ago, Wetherill told a conference of the Australian Petroleum Production and Exploration Association (APPEA) that conventional wisdom dictates that energy production in the Cooper Basin had peaked and entered a period of gradual decline.
Now, he says, ‘unconventional’ sources of gas, such as shale gas and coal seam gas (CSG), have changed all this.
“We now know that, with new techniques, there is far more gas available from other levels of the basin than has yet been extracted,” Weatherill says. “Even in its infancy, the unconventional gas sector has the potential to deliver hundreds of millions, if not billions, of investment dollars to this state.”
According to a ‘roadmap’ for unconventional gas projects released by the state government, ‘unconventional ‘ sources of gas include coal seam gas (CSG), basin-centred gas, shale gas, gas hydrate, natural bitumen (tar sands), and oil shale deposits.
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