With natural gas being marketed as “environmentally friendly” demand has sharply increased in the 21st century. With the gap between supply and demand for energy sources widening, and the increasing need to find economically viable, alternative energy sources, unconventional reservoirs are being tapped. Exploration of unconventional reservoirs such as coal-bed methane (CBM), tight gas sands, heavy oil and gas shales is increasing. The ability to provide large volumes, long term potential and attractive prices, will make unconventional gas a forerunner in the energy sector.
Experts predict that gas consumption will significantly overtake oil consumption by 2025. As CEO and Chairman of GHC Eastern, George Haligua says, "For growth and development of unconventional gas resources, new technology has to be developed to make it economical. Until that happens, efforts to explore and develop unconventional gas reserves using new and emerging technologies has to continue with full steam!"
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