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Unconventional Resources Offsetting Conventional Decline - Strategies of IOCs and NOCs Will Play a Vital Role in Unlocking these Resources
GlobalData, March 2011, Pages: 9
Unconventional Resources Offsetting Conventional Decline – Strategies of IOCs and NOCs Will Play a Vital Role in Unlocking these Resources
Summary
Natural gas is expected to serve as a dominant source of fuel in the US in the long run. However, natural gas production from conventional sources is expected to decline due to depleting reserves. Unconventional sources such as tight gas, shale gas and coal bed methane (CBM) have potential of offsetting this decline. In addition to this, unconventional sources of energy are well distributed across the globe and are also cleaner fuel as they emit less carbon than conventional sources. Thus, the attractiveness of unconventional plays is driving major oil and gas companies including international oil companies (IOCs) and national oil companies (NOCs) towards the development of unconventional resources
Scope
- Provides valuable insights on the Global unconventional resources
- Highlights the upcoming unconventional plays in Europe, Asia Pacific and Middle East.
- Strategies of IOCs and NOCS to unlock unconventional resources
- Detailed insight on the US Natural gas consumption in the long run
- Global Unconventional Deals during in last couple of years.
Reasons to buy
- Understand the global unconventional plays.
- Highlights the resources present in these plays.
- Highlights the comparison between the North American, Europe, Asia Pacific and Middle East plays.
- Understand the strategies of the IOCs and NOCs for exploring the global unconventional play.
- Insights on the US Natural gas consumption outlook.
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