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Shale Gas Prospects Outside the United States
Datamonitor, Sep 2010, Pages: 19
The boom in unconventional gas production in North America has already affected the energy landscape in the Atlantic basin. Horizontal drilling and hydraulic fracturing have massive increased the resource base available at relatively low prices. Attention is now turning to regions beyond North America, especially Asia.
Scope of the report:
- A detailed overview of how and why the United States has seen such strong growth in unconventional gas production
- Analysis of the technological and economic determinants behind horizontal drilling and hydraulic fracturing
- An assessment of the geological potential for shale gas development in the UK, France, Germany, Sweden, Poland, India and China
- Forecasts of shale gas output from regions around the world
Highlights:
Advances in horizontal drilling & hydraulic fracturing technology have allowed E&P firms to recover gas which in the past was prohibitively expensive to access. The new technology has dramatically reduced the costs of production, thus lowering the threshold price at which producing gas becomes economically viable.
Oil and gas super-majors have reacted to the shale gas “revolution” by acquiring smaller firms with technical skills and exporting that technology to new markets. Shale gas has the potential to radically alter the global energy landscape, especially through affecting China by displacing LNG and piped gas demand.
Reasons to buy:
- Understand the risks and opportunities of this 'game-changing' technology; learn about horizontal drilling and hydraulic fracturing- Invest in Shale gas outside of North America - discover which regions present the best geology and market development prospects
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