Despite gas hydrate's role as a potential future energy resource, why does gas-hydrates present a large threat to the conventional oil and gas industry?
The estimated value of global gas hydrates hangs around 3E15 cubic-meter, while the conventional gas and shale gas put together works out to be around 0.6 - 0.9E15 cubic-meter.
Roughly, we have something around 3 - 6 times of more gas hydrates in comparison with that of the cumulative conventional and shale gas.
But the question is that whether gas-hydrates can be compared at par with that of the conventional and shale gas production scenarios with reference to its commercial aspects?