Results for tag: "Shale Play"

The Shale Play market is a subset of the natural gas industry, focusing on the production of gas from shale formations. It is a relatively new market, having emerged in the early 2000s with the development of hydraulic fracturing and horizontal drilling technologies. These technologies allow for the extraction of gas from shale formations that were previously inaccessible. The Shale Play market has grown rapidly in recent years, with production increasing significantly in the United States. This has led to a decrease in the price of natural gas, making it more affordable for consumers. Additionally, the increased production of natural gas has helped to reduce the country's dependence on foreign sources of energy. Companies in the Shale Play market include Chesapeake Energy, Anadarko Petroleum, Devon Energy, and Range Resources. These companies are involved in the exploration, production, and sale of natural gas from shale formations. Show Less Read more