natural gas from shaleproviding an efficient, economical energy source
Natural gas and crude oil from shale and tight rock are changing the global energy supply landscape. We’re developing new resources in shale and tight formations in Canada, the United States and Argentina.
what is natural gas?
Dismissed as a useless byproduct of crude oil production until the second half of the 20th century, natural gas now accounts for about 23 percent of the world's energy consumption according to the IEA — and demand is growing.
Historically, natural gas also has been one of the most economical energy sources. Natural gas fuels electric power generators, heats buildings and is used as a raw material in many consumer products, such as those made of traditional plastics.
natural gas from shale
This Chevron video provides a basic tutorial on the step-by-step process Chevron takes to explore for and eventually develop natural gas from shale.
the lowest emission fossil fuel
Natural gas is the cleanest-burning fossil fuel. It creates fewer greenhouse gas emissions than coal and oil, and when used to displace those fuels can result in up to 45 percent fewer emissions than coal and 30 percent fewer emissions than oil. Unconventional natural gas extracted through hydraulic fracturing has up to 38 percent fewer emissions than coal when the entire lifecycle from extraction to final use is considered. (Source - http://www.nrcan.gc.ca)
what is chevron doing?
Natural gas is a growing segment of Chevron’s global energy portfolio and developing natural gas from shale is an important growth area for Chevron Canada. We are engaged in projects that span the value chain of the natural gas business — exploration, production, pipeline, liquefaction, shipping, marketing and trading — through our operated interest in the Kaybob Duvernay Program in Alberta.
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