Shale Resources in India

Abstract

Shale has been a promising source of hydrocarbon augmenting the increasing dependence of the country on these fossil fuels. The current Indian scenario has a dependence of around 80% on imports to cater its demand for the fossil fuel. India imports 80% of its oil requirement, and its domestic oil production has also fallen continuously for six years in a row. The fall is due to lack of efficient drilling from matured oil fields. The technological advancements in the form of hydraulic fracturing have made the exploitation from the shales an economic prospect. The chapter deals with the brief introduction to the prospective basins for the shale exploitation in India.