”Shale gas market to register capital expenditure of $41.43bn in 2014” says visiongain report

LONDON - Sept. 4, 2014 - PRLog -- Over the past few years the shale gas market has been largely confined to North America, with the USA and Canada the only countries to have achieved commercial production of shale gas. The USA pioneered the process of exploiting gas from shale rock using the dual technologies of horizontal drilling and hydraulic fracturing and has since undergone a ‘shale gas revolution’, with dramatic increases in production seen since 2007 and further production increases anticipated.  Indeed, the EIA expects the US to soon become a net exporter of gas, with the country in the process of planning and constructing LNG terminals designed for the export of shale gas.

Focus will remain on the US shale gas market in the build-up to first LNG exports, though there will also be increasing attention placed upon other nations who are beginning to invest in and exploit their shale gas resources.  Most significant in terms of future spending on shale gas is China, where government-backed spending and targets are creating a high growth market.

The lead analyst of the report commented that, “The shale gas market is one to watch over the next ten years.  Investment in shale gas development will continue to be strong in the established markets of the USA and Canada, while noteworthy investment and growth will occur outside of North America and most significantly in China.  New nations and companies will appear in this industry over the next decade and alter the pattern of investment seen today.”

Within the 167 page report there are 121 tables, charts, and graphs analysing the market prospects. The market has been divided into five national markets and two regional markets with ten-year forecasts and analysis provided for USA, Canada, China, Argentina, Australia, Europe, Rest of World.  The US market has been broken down further into five major shale gas plays: the Barnett, Eagle Ford, Haynesville, Marcellus and Utica. The report also contains market share and profiles of the 10 leading companies in the market, including 2014 capital expenditure on shale gas and details on current activity and future plans. Two exclusive interviews with Michael Williams of Velocys and Mike Chadsey of Ohio Oil and Gas Association (OOGA) reinforce and underpin visiongain’s analysis.

The Shale Gas Market 2014-2024: Expenditure Forecasts For Key Markets, Plays And The Prospects For Leading Companies report will be of value to anyone who wants to better understand the shale gas market and its dynamics. It will be useful for businesses already involved in the shale gas market, or for those wishing to enter this growing market in the future.

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

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.