1 / 9

Shale Gas

US demand to surpass $90 billion in 2017Demand for products and services used in the development of shale gas and tight oil reservoirs is forecast to surpass $90 billion in 2017. The rapid growth in production from these unconventional resources continues to have a ripple effect throughout the US economy. After years of declines, US crude oil production is rising again and abundant low cost natural gas resources are rejuvenating the US manufacturing sector.

bharatbookseo
Télécharger la présentation

Shale Gas

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Shale Gas & Tight Oil: Products & Services One-Stop Shop for Business Information

  2. Summary US demand to surpass $90 billion in 2017 Demand for products and services used in the development of shale gas and tight oil reservoirs is forecast to surpass $90 billion in 2017. The rapid growth in production from these unconventional resources continues to have a ripple effect throughout the US economy. After years of declines, US crude oil production is rising again and abundant low cost natural gas resources are rejuvenating the US manufacturing sector. This will provide opportunities for oilfield service companies across the board and will continue to require large amounts of chemicals, proppants, and essential equipment such as drill bits, tubular goods, and well logging equipment.

  3. US demand to surpass $90 billion in 2017 Demand for products and services used in the development of shale gas and tight oil reservoirs is forecast to surpass $90 billion in 2017. The rapid growth in production from these unconventional resources continues to have a ripple effect throughout the US economy. After years of declines, US crude oil production is rising again and abundant low cost natural gas resources are rejuvenating the US manufacturing sector. This will provide opportunities for oilfield service companies across the board and will continue to require large amounts of chemicals, proppants, and essential equipment such as drill bits, tubular goods, and well logging equipment.

  4. The continued usage of high volume hydraulic fracturing will require significant amounts of fracturing fluids and proppants as well as pressure pumping services. As plays enter the development stage, operators will work to optimize their process designs, which will lead to continuing changes in the types of proppants and fluids used. For example, in recent years gelled fluids lost ground to slickwater formulations but now operators are moving away from slickwater in some areas to hybrid fluids or other products that improve well output while minimizing environmental impact. Furthermore, many operators have begun using proprietary water based drilling muds that mimic the performance of oil and synthetic based muds, but at less risk to the environment. A significant amount of this new unconventional resource development is occurring in areas that were not traditional hotbeds of oil and gas activity.

  5. In some cases this resulted in a backlog of wells that needed completion due to a lack of available infrastructure or shortages in completion crews. However, it has also increased regional demand for a number of products used in well drilling and completion and prompted the opening of new regional manufacturing facilities to make these products. Well output to fall, boosting product & service demand As some of these shale gas and tight oil plays begin to reach maturity over the next decade, average per well output will fall as the number of new wells is unable to offset the production declines in legacy wells. This should spur healthy demand for production and workover services but also will prompt continued drilling of new wells to support output. Additional opportunities will present themselves should production from plays with considerable potential like the Monterey and Wolfcamp become commercially viable over the next 10 years.

  6. Table of Contents • INTRODUCTION • EXECUTIVE SUMMARY • MARKET ENVIRONMENT • OVERVIEW • PRODUCTS • SERVICES • REGIONS & PLAYS • INDUSTRY STRUCTURE

  7. Related Reports • China Shale Gas Sector Analysis • The 20 Leading Companies in Shale Gas 2013 - Competitive Landscape Analysis • Gas Price Benchmarking in India:Factoring sourcing and development options for LNG,CBM and Shale Gas • China Natural Gas and Shale Gas Industry Report, 2012-2015 • The Shale Gas Market 2013-2023

  8. Custom Research Incase the reports don’t match your requirement then we can do a Custom Research for you. Our multifarious capabilities, cross-sector expertise and detailed knowledge of various markets, put us at a unique position to take up Custom Research demands of yours. We provide the specifications of the custom research job to a dedicated team comprising of researchers, analysts and industry experts, who have close experience and understanding of global markets, competitive landscapes, various business models, market shares, drivers, restraints and benchmarks. http://www.bharatbook.com/customResearch.asp

  9. For More Information You Can Visit: http://www.bharatbook.com/energy-market-research-reports-205101/shale-gas-tight-oil-products-services.html Contact Us:-Call India: +91-22-27810772/73 Call USA/Canada (Toll Free): 1-866-279-8368 For Live Chat - http://bit.ly/19m3TU4 Follow/Like Us on:-

More Related