Japan is actively exploring for and attempting to exploit methane hydrates. The USA is assisting them with technology. Methane hydrates are estimated to contain ten times as much methane as all land based forms. If mastered, this could overshadow fracking and speed an overwhelming abundance of natural gas worldwide. As it is now, we are about 20 years from worldwide abundance of natural gas. It is already so cheap it is barely profitable in the USA and we are years away from export capability. Fracking is being attempted in many other nations, or will be. See:http://www.bbc.co.uk/news/business-21752441
http://www.telegraph.co.uk/finance/newsbysector/energy/9924836/Japan-cracks-seabed-ice-gas-in-dramatic-leap-for-global-energy.html Maps and graphs.
Methane hydrates are distributed near the coastlines, in deep water or at least cold water in the form of a lattice of ice.
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