Today: May 25, 2016, 7:23 am

Global unconventional gas market revenues forecast to increase by 4.7% during 2013 to 2018
Global Unconventional Gas Market 2014-2018 - a new market research report on 2014-04-11 09:41:01
The Global Unconventional Gas market is forecast to grow at a CAGR of 4.7 percent over the period 2013-2018. One of the key factors contributing to this market growth is the depleting conventional gas reserves. The Global Unconventional Gas market has also been witnessing rapid technological advancements. However, the capital-intensive market could pose a challenge to the growth of this market.

Key vendors dominating this space are Arrow Energy Pty Ltd., BG Group plc, BP plc, Chesapeake Energy Corp., Chevron Corp., Dart Energy Ltd., Devon Energy Corp., ExxonMobil Corp., and Royal Dutch Shell plc.

Other vendors mentioned in the report are Aberdeen Drilling Management Ltd., Alkane Energy, Baker Hughes Inc., BHP Billiton Group, Cathy Oil and Gas Ltd., China United Coalbed Methane Corp., Constellation Energy Group, Devon Energy Corp., Double Eagle Petroleum Co., Encana Corp., Essar Energy Plc, Gazprom Oao, GDF Suez S.A., Halliburton Co., Mitsubishi Corp., Penn Virginia Corp., Osaka Gas Co. Ltd., Sinopec Ltd, Storm Cat Energy Corp., Strait Oil & Gas Ltd., Tlou Energy, Total S.A., and Warren Resources Inc.

The following companies represent the key players in Global Unconventional Gas Market: Arrow Energy Pty Ltd., BG Group plc, BP plc, Chesapeake Energy Corp., Chevron Corp., Dart Energy Ltd., Devon Energy Corp., ExxonMobil Corp., and Royal Dutch Shell plc.

Over the years, there has been a tremendous increase in the technological advancements that have led to the increase in extraction of unconventional gas from reservoirs. The technological advancements include unlocking the potential of unconventional gas, managing produced water, development and determination of gas, well log interpretation, and the development of well simulation models. Also, the market vendors are increasing their investments in R&D, which in turn is reducing the time and cost for horizontal drilling. Moreover, the overall volume of production, cost, and risk has significantly reduced due to the rapid technological advancements in the industry. Therefore, the rapid technological advancements are one of the key trends that are expected to propel the growth of the Global Unconventional Gas market during the forecast period.

One of the main drivers in this market is the depleting conventional gas reserves across the globe. Due to the depleting conventional gas sources, governments across the globe are forced to shift their focus on alternative sources of gas supply, thereby propelling the growth of the market during the forecast period.

Further, one of the major challenges confronting the market is the capital-intensive nature of the unconventional gas projects. The extraction of unconventional gas such as CBM and shale gas requires strong technical expertise and use of advanced technology. This in turn increases the overall cost of the projects.

Click for report details: ..

Browse all Energy and Utilities Market Research Reports ..

Browse all Energy and Utilities Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 643 Words
Related Articles
More From Finance
New Frontier Portfolios Top Morningstar Rankings
Boston, April 14, 2016—New Frontier’s global strategic portfolios topped the Global Balanced Strategic category of the latest [..]
Finding an Excellent Tax Lawyer with the [..]
Sound Advice about Finding an Excellent Attorney When an individual requires legal representation, whether for an IRS tax debt [..]
First Gothenburg Bancshares to acquire Nebanco, Inc.
Denver, CO: March 24, 2016 – First Gothenburg Bancshares, Inc., the holding company for First State Bank, Gothenburg, Nebraska [..]
With Bad Credit It Is Still Possible [..]
What to Expect When Seeking a Bad Credit Home Loan Refinance Okay, so not everyone has great – or even [..]
Credit-Yogi Professionals Describe How to Get Out [..]
Who doesn’t want to save money while getting rid of debt? Most folks would jump at the chance to do [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.