Unconventional gas is something that we are relying on more and more with each passing day. The first question that comes to everyone’s mind is that what exactly is unconventional gas? This is the hardest question to explain because what seems unconventional today may turn to conventional gas tomorrow and some other may take its place in the unconventional sector. This is possible because of the new and advanced technologies coming in to process everyday leading to the constant evolution of processes used to mine gases.
What are unconventional gas deposits?
In general, unconventional gas deposits are the ones that are not as easy or economical as conventional ones. Few of the common forms of unconventional gas include coal bed methane, geo-pressurized zones, shale gas, methane hydrates, deep natural gas and others. Exploring, extracting and developing new and advanced drilling technologies are something that demands high initial investments. However, these costs can be driven down significantly and even recoverable once we discover new ways to drill and shift. Here are the few advantages of unconventional gas deposits.
Positive economic impact
Unconventional gas sources offer an enormous economic advantage to the world wide economy. By providing large number of job opportunities and increasing state or national revenue, unconventional gas sources can boost economic growth of both developed and developing nations.
Clean and efficient
As compared to conventional gas sources, unconventional sources of gas are now offering both quality and quantity at affordable prices. Technological advances have made them to adapt to the world’s changing needs in a better way. Now, they are believed to be the most reliable source of clean and efficient gas. Even in the near future, they are going to play an important role to provide a cleaner energy mix round the world.
Mitigation of adverse climate and environment impacts
Recent studies have shown that most of the unconventional gas sources have reduced environmental impact as compared to conventional gas sources. They are also known to have lowered impact on the climate.
High global demand
Today, we can’t rely only on conventional sources to successfully meet our gas demands. It is believed that by 2040, unconventional gas sources will account for almost 30% of global gas production. So, unconventional gas is the reliable and affordable option to go in the long run.
Some potential health benefits could come from the fact that unconventional gas sources lessen the air pollution and global climate impact.
As there is demand for this kind of gas, the increasing worldwide demand will continue because of low cost. This also provides a lot of employment to the people living in the nearby areas. Other industries that are related to energy can benefit a lot due to regular supplies of low cost energy which also makes unconventional gas a must for everyone.