‘The Global Unconventional Gas Market Will Reach $75.2bn in 2011′, Says visiongain Report
By Visiongain, PRNEThursday, October 20, 2011
LONDON, October 21, 2011 -
www.visiongain.com/Report/703/The-Unconventional-Gas-Market-2011-2021-Shale-Gas-Tight-Gas-CBM-Methane-Hydrate
Visiongain’s latest report, The Unconventional Gas Market 2011-2021: Shale Gas, Tight Gas, CBM & Methane Hydrate predict significant growth across the 4 main types of unconventional gas: Shale Gas, Tight Gas, Coalbed Methane & Methane Hydrate. Visiongain calculates the global unconventional gas market, defined as spending on exploration and production of unconventional gas, will reach $75.2bn in 2011.
Production of natural gas has risen at an annual average rate of nearly 3% over the past thirty years and natural gas has shown the steadiest pace of growth of any fossil fuel. As a result, forecasts of growth in demand for gas are thought to be fairly predictable. Therefore, to meet growth in demand for gas, many countries have opted to invest in the potential of their unconventional gas resources.
In recent years, the dynamics of the gas market have changed and many countries are considering development of unconventional gas resources as an economically viable option. One reason for urgency in development of unconventional gas resources is the depletion of conventional gas resources in certain regions of the globe. Meanwhile, many countries are aiming to substitute natural gas for nuclear energy and more carbon intensive fuels such as coal. This has given way to the development of shale gas, tight gas, coal-bed methane on a large commercial scale.
Unlike conventional gas resources, the geological formations that are conducive to unconventional natural gas are found more widely across the globe. Hence, countries such as the US, China, India, Argentina, Poland and Russia are exploring and assessing the full potential of their unconventional resources. Development of unconventional gas will allow many countries to reduce their LNG and pipeline gas imports.
The unconventional gas industry has been criticised for its excessive consumption of water. Hence, the industry is reshaping itself to reduce its water usage and companies are attempting to find new methods of recycling and reusing the water produced during the hydraulic fracturing processes. Water is a vital resource not only for the unconventional gas industry itself, but it is also an indispensable resource for communities surrounding unconventional gas fields. As a result, many governments are implementing environmental regulations with regard to hydraulic fracturing that were until recently unprecedented in many regions.
Visiongain’s latest energy report takes a comprehensive look into the unconventional gas industry. You will gain valuable insight into the future developments of the unconventional gas industry by ordering The Unconventional Gas Market 2011-2021: Shale Gas, Tight Gas, CBM & Methane Hydrate report.
To see sample pages of report please click on: www.visiongain.com/Report/703/The-Unconventional-Gas-Market-2011-2021-Shale-Gas-Tight-Gas-CBM-Methane-Hydrate
For further information please contact sara.peerun@visiongainglobal.com
Table of Contents
1. Executive Summary
1.1 The Unconventional Gas Market Overview
1.2 Drivers and Restraints in the Unconventional Gas Market 2011-2021
1.2.1 Drivers
1.2.2 Restraints
1.3 Highlights of the Unconventional Gas Market Report
1.4 Benefits of This Report
1.5 Methodology
1.6 The Global Unconventional Gas Market Forecast 2011-2021
1.7 The Regional Unconventional Gas Markets Forecast 2011-2021
1.8 The Unconventional Gas Submarkets Forecast 2011-2021
2. Introduction to the Unconventional Gas Market
2.1 A Brief History of Unconventional Gas
2.2 Introduction to Shale Gas
2.3 Introduction to Tight Gas
2.4 Introduction to Coal Bed Methane
2.4.1 Coal-Bed Methane Production
2.4.2 Underground Coal Gasification (UCG)
2.4.3 The Integrated Gasification Combined Cycle (IGCC)
2.5 Introduction to Methane Hydrates
2.6 Horizontal Drilling & Hydraulic Fracturing
2.7 Global Gas Trade
3. The Global Unconventional Gas Market 2011-2021
3.1 The Global Unconventional Gas Market Forecast 2011-2021
3.2 The Global Unconventional Gas Submarkets Forecast 2011-2021
3.3 The Shale Gas Submarket Forecast 2011-2021
3.4 The Coal-Bed Methane Gas Submarket Forecast 2011-2021
3.5 The Tight Gas Submarket Forecast 2011-2021
3.6 The Methane Hydrate Gas Submarket Forecast 2011-2021
4. The Regional Unconventional Gas Markets 2011-2021
4.1 The North American Unconventional Gas Market Forecast 2011-2021
4.1.1 The US Unconventional Gas Market
4.1.2 The Canadian Unconventional Gas Market
4.1.3 Unconventional Gas Projects in North America
4.2 The Asia Pacific Unconventional Gas Market Forecast 2011-2021
4.2.1 The Chinese Unconventional Gas Market
4.2.2 The Indonesian Unconventional Gas Market
4.2.3 The Australian Unconventional Gas Market
4.2.4 The Indian Unconventional Gas Market
4.2.5 The Pakistani Unconventional Gas Market
4.2.6 Unconventional Gas Projects in Asia-Pacific
4.3 The European Unconventional Gas Market Forecast 2011-2021
4.3.1 The Polish Unconventional Gas Market
4.3.2 The British Unconventional Gas Market
4.3.3 The Netherlands Unconventional Gas Market
4.3.4 The French Unconventional Gas Market
4.3.5 The German Unconventional Gas Market
4.3.6 The Swedish Unconventional Gas Market
4.3.7 The Turkish Unconventional Gas Market
4.3.8 The Rest of Europe Unconventional Gas Market
4.3.9 Unconventional Gas Projects in Europe
4.4 The Latin American Unconventional Gas Market Forecast 2011-2021
4.4.1 The Argentinean Unconventional Gas Market
4.4.2 The Mexican Unconventional Gas Market
4.4.3 The Colombian Unconventional Gas Market
4.4.4 Unconventional Gas Projects in Latin America
4.5 The Middle Eastern & North African Unconventional Gas Market Forecast 2011-2021
4.5.1 The Saudi Arabian Unconventional Gas Market
4.5.2 The Algerian Unconventional Gas Market
4.5.3 The Omani Unconventional Gas Market
4.5.4 Unconventional Gas Projects in the MENA Region
4.6 The Eurasian Unconventional Gas Market Forecast 2011-2021
4.6.1 The Russian Unconventional Gas Market
4.6.2 The Ukrainian Unconventional Gas Market
4.6.3 Unconventional Gas Projects in Eurasia
4.7 The Sub-Saharan Africa Unconventional Gas Market Forecast 2011-2021
4.7.1 The South African Unconventional Gas Market
4.7.2 The Botswana Unconventional Gas Market
4.7.3 Unconventional Gas Projects in Sub-Saharan Africa
5. SWOT Analysis of the Unconventional Gas Market 2011-2021
5.1 Strengths
5.1.1 Reduction in Fuel Import Dependency
5.1.2 Low Greenhouse Gas Emissions than Other Fuels
5.1.3 Meeting Energy Demand through Liquid-rich Formations
5.2 Weaknesses
5.2.1 Health, Safety and Environment (HSE) Impacts
5.2.2 Economically and Technologically Problematic
5.2.3 Faster Depletion Rates and Longer Lead Times to Develop
5.2.4 Geopolitical Developments
5.3 Opportunities
5.3.1 Newly Discovered Unconventional Reserves
5.3.2 Growth in LNG Capacity
5.3.3 Drilling and Fracturing Technological Improvements
5.3.4 Government Support for Unconventional Gas Developers
5.4 Threats
5.4.1 Low Gas Prices
5.4.2 Environmental Effects of Unconventional Gas
5.4.3 Renewable Energy Breakthroughs
5.4.4 Lack of Commercially Producing Reserve Discoveries
6. Unconventional Gas Technologies
6.1 Horizontal Drilling
6.2 Fracturing Techniques
6.3 Surface Modification Agent (SMA)
6.4 Fracture Diagnostics
6.5 Technologies for Water Management
7. Expert Opinion
7.1 Baker Hughes
7.1.1 Baker Hughes in the Unconventional Gas Business
7.1.2 Technologies for Unconventional Gas Recovery
7.1.3 Cost of Development for Unconventional Gas
7.1.4 Unconventional Gas versus Conventional Gas
7.1.5 Exploration and Production of Unconventional Gas
7.1.6 Factors Affecting Growth of Unconventional Gas Outside of US
7.1.7 Trends in the Unconventional Gas market
7.1.8 Regulations of the Unconventional Gas Market
7.1.9 Challenges for Unconventional Gas Companies
7.1.10 Developments of Methane Hydrate
7.1.11 Chemicals Used in Hydraulic Fracturing
7.2 PacWest Consulting Partners
7.2.1 PacWest Consulting Partners in the Unconventional Gas Market
7.2.2 Drivers in the Unconventional Gas Market
7.2.3 Challenges in the Unconventional Gas Market
7.2.4 Factors Affecting Unconventional Gas Production Costs
7.2.5 Cost Variation in Different Types of Formations
7.2.6 Key Unconventional Gas Markets
7.2.7 Unconventional Gas Projects Time to Completion
7.2.8 Trends in the North American Gas Market
7.2.9 Regulation of Upstream Unconventional Gas Market
8. Leading Companies in the Unconventional Gas Market
8.1 Companies Exploring & Producing Unconventional Gas
8.1.1 Anadarko Petroleum Corporation
8.1.2 Ascent Resources
8.1.3 Atlas Energy L.P.
8.1.4 Aurelian Oil & Gas
8.1.5 Beach Energy
8.1.6 BP
8.1.7 BG Group
8.1.8 Cabot Oil & Gas Corporation
8.1.9 Chesapeake Energy
8.1.10 Chevron Corporation
8.1.11 Chief Oil & Gas L.L.C.,
8.1.12 China National Offshore Oil Corporation (CNOOC)
8.1.13 China National Petroleum Corporation (CNPC)
8.1.14 China United Coalbed Methane Corporation Co., Ltd
8.1.15 CNX Gas Corporation
8.1.16 ConocoPhillips Company
8.1.17 Cuadrilla Resources
8.1.18 Devon Energy Corporation
8.1.19 Dominion Resources Inc.
8.1.20 Drillsearch Energy Ltd.
8.1.21 East Energy Resources Ltd
8.1.22 Encana Corporation
8.1.23 Energy Corporation of America
8.1.24 Eni
8.1.25 EOG Resources Inc.
8.1.26 EuroGas Ukraine Ltd.
8.1.27 EQT Corporation
8.1.28 Exco Resources Inc.
8.1.29 ExxonMobil Corporation
8.1.30 Gripen Gas
8.1.31 Hess Corporation
8.1.32 Layne Energy
8.1.33 Marathon Oil Corporation
8.1.34 ORLEN Upstream Sp.
8.1.35 Pennsylvania General Energy Co. L.L.C.
8.1.36 Pioneer Natural Resources
8.1.37 Quicksilver Resources Inc.
8.1.38 RAG Austria Energy
8.1.39 Range Resources Corporation
8.1.40 Reliance Industries Limited (RIL)
8.1.41 Rex Energy Corporation
8.1.42 Royal Dutch Shell
8.1.43 San Leon Group
8.1.44 Seneca Resources Corporation
8.1.45 Sinopec Group
8.1.46 Southwestern Energy
8.1.47 Statoil
8.1.48 Talisman Energy Inc.
8.1.49 Total
8.1.50 TXM Oil and Gas Exploration
8.1.51 Ultra Petroleum Corporation
8.1.52 Unconventional Gas Resources (UGR)
8.1.53 Williams Companies
8.1.54 XTO Energy Inc.
8.2 Oil & Gas Service Companies for the Unconventional Gas Market
8.2.1 Advanced Resources International Inc.
8.2.2 Baker Hughes
8.2.3 Calfrac Well Services Ltd.
8.2.4 CARBO Corporation
8.2.5 Complete Production Services
8.2.6 Flotek Industries
8.2.7 Halliburton
8.2.8 National Oilwell Varco
8.2.9 Schlumberger Ltd.
8.2.10 Trican Well Services Ltd.
8.2.11 Weatherford International
8.3 Water Treatment & Management Companies for the Unconventional Gas Industry
8.3.1 Arm Oil and Gas Solutions
8.3.2 Aqua-Pure Ventures Inc.
8.3.3 Merpro Group Limited
8.3.4 Produced Water Solutions Inc.
8.3.5 Siemens Water Technology
8.3.6 Sorbwater Technology AS
8.3.7 Veolia Water Solutions & Technology
8.3.8 WaterTectonics
9. Conclusions
9.1 Summary of the Unconventional Gas Market
9.2 The Global & Submarket Forecast of the Unconventional Gas Market 2011-2021
9.3 The Fastest Growing Regional Unconventional Gas Markets
9.4 Moderately Growing Regional Unconventional Gas Markets
9.5 Slow Growing Regional Unconventional Gas Markets
9.6 Final Observations
10. Glossary
About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0)-207-336-6100.
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Tags: London, October 21, United Kingdom, Visiongain