Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Finance
Global Unconventional Gas Market 2014-2018

Global unconventional gas market revenues forecast to increase by 4.7% during 2013 to 2018


Print article Print article
© companiesandmarkets.com

companiesandmarkets.com
companiesandmarkets.com
2014-04-11 09:41:01 - Global Unconventional Gas Market 2014-2018 - a new market research report on companiesandmarkets.com

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: www.companiesandmarkets.com/Market/Energy-and-Utilities/Market-R ..

Browse all Energy and Utilities Market Research Reports www.companiesandmarkets.com/Market/Energy-and-Utilities/Market-R ..

Browse all Energy and Utilities Company Profile Reports www.companiesandmarkets.com/Market/Energy-and-Utilities/Company- ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com 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, Companiesandmarkets.com’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.


Author:
Mike King
e-mail
Web: www.companiesandmarkets.com
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases 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 contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com