Industry insiders describe the commercialization of gas hydrates as similar to the development of coal bed gas resources.
It owns 200 miles of gas pipelines and operates coal-bed methane gas wells in the Powder River Basin of Wyoming.
The Energy Information Administration (EIA) puts it at around 37tcm of recoverable reserves, two-thirds of which is shale gas and the rest tight gas and coal-bed methane.
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"As we can see from the experience in the US, the exploration of shale gas and coal-bed methane has the potential to raise billions of pounds, resulting in reduced energy bills, " he said.
Included in the items borrowed and moved were a bed, sheets, towels, a gas grill and cookware.
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"It's not as though higher gas prices have consumers hiding under the bed, " said Tim Quinlan, an economist with Wells Fargo.
The feeling within the Cypriot people is that the game is about who is going to get hold of the natural gas resources that have been found in the Cypriot sea bed.
Though a program displays panels showing all the critical processes of a real rig (fire and gas detectors, valve status, oil flow from the sea bed and so on), and then responds to the actions of the trainee by altering these displays appropriately, a human operator can intervene at any time if things seem to be going too smoothly.
The repair shop put an engine on a test bed, attached sensors, hooked it to computers, and tried every possible combination of gas and air.
Not very long ago, coal bed methane, which currently accounts for almost 10% of all U.S. natural gas production, was considered too expensive for commercial production.
Unconventional sources of oil and gas that are set for further exploitation include Canada's tar sands, shale and coal-bed methane deposits around the world.
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