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2017 | OriginalPaper | Chapter

An Overview of Unconventional Resources of Romania. Pending Challenges

Authors : Bogdan M. Popescu, Nicolae Anastasiu

Published in: Shale Gas: Ecology, Politics, Economy

Publisher: Springer International Publishing

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Abstract

Romania has a quite large inventory of unconventional continuous plays in the Paleozoic, Mesozoic, and Cenozoic periods mainly in the foreland and back-arc basins. The assessing of units evaluated so far, following the EIA and USGS methodology is underway but first results indicate technically recoverable resources of 1,000 billion m3 of gas and 500 million bbl of oil. They show a tangible potential for investors once a specific legal framework is in place. The geological challenges for evaluating this category of resources are rather important because of the lack of novel information resulting from modern exploration and the classification regime of older one. The political hurdles are related to incomplete regulations, absence of community co-involvement, and the lack of any policy promoting the development of unconventional resources. The environmental debate has been very present in Romania and shall hopefully be solved with an unceasing consultation with the public society once new, transparent rules are set up.

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previous chapter Study of Some Potential Environmental Impacts of Hydraulic Fracturing Related to Unconventional Hydrocarbons in Hungary
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Metadata
Title
An Overview of Unconventional Resources of Romania. Pending Challenges
Authors
Bogdan M. Popescu
Nicolae Anastasiu
Copyright Year
2017
Book
Shale Gas: Ecology, Politics, Economy

Print ISBN: 978-3-319-50273-1

Electronic ISBN: 978-3-319-50275-5

Copyright Year: 2017

DOI
https://doi.org/10.1007/698_2016_6

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