Bulletin
Investor Alert

London Markets Open in:

March 6, 2020, 5:06 a.m. EST

Shale Gas Market Business Growth Statistics and Key Players Insights | Antero Resources Corporation, BNK Petroleum Inc., Chesapeake., Chevron Corporation, EQT, Pioneer Natural Resources Company

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

Mar 06, 2020 (Heraldkeepers) -- Global shale gas market is expected to register a steady CAGR of 4.96% in the forecast period of 2019-2026. This report contains the data from the base year of 2018 and the historic year of 2017

This Shale Gas report provides complete analysis of the market on global and regional level. It inspects the development rate and the market value dependent on the market elements and growth initiating factors. The market players are profiled and their improvement strategies are separated so as to manage new participants as well as set up players. It likewise features the top to bottom investigation of different unequivocal parameters. This Shale Gas report also offers various methodologies for boosting the presentation of the organizations.

Sample PDF Report Is Ready | Ask For More @: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-shale-gas-market

Companies Profiled in this report includes, Occidental Petroleum Corporation, Antero Resources Corporation, BNK Petroleum Inc., Chesapeake., Chevron Corporation, EQT, Pioneer Natural Resources Company., Range Resources Corporation., Royal Dutch Shell, SM ENERGY, Equinor ASA, Repsol, MARATHON OIL COMPANY, Mitsubishi Corporation Exploration Co., Ltd., Quicksilver Resources, Cabot Oil & Gas, Exxon Mobil Corporation, Reliance Industries Limited., JUNEX INC. among others.

Market Definition: Global Shale Gas Market

Shale gas is a type of natural gas that can be generated from shale rocks and deposits underneath earth. It is the most important source of natural gas in United States and is expected to be a potential source of energy for the rest of the world. It is believed that the shale gas has reduced the greenhouse gas emission in the environment.

Market Drivers:

-- Easy availability of abundant source of shale gas will help to drive the growth of the market in the forecast period

-- Decreased prices of natural gas and environmental protection is another factor that will uplift the growth of the market

-- Innovation and technological advancement in extraction of shale gas will augment the market growth

-- Increased growth in the supply and distribution infrastructure may help in the growth of the market

Market Restraints:

-- Extraction of chemicals and waste into water bodies may hinders the growth of the market

-- Huge amount of capital is being invested for shale gas project is restricting the growth of the market

-- Horizontal drilling can badly affect the environment that will inhibit the market growth

Segmentation: Global Shale Gas Market

By Application Type

-- Power Generation

-- Industrial and Manufacturing Applications

-- Residential Applications

-- Commercial Applications

-- Transportation

By Technique Type

-- Horizontal Drilling

-- Horizontal drilling

-- Fracture stimulation

-- Hydraulic Fracturing

-- Water

-- Chemicals

-- Proppants

Key Developments in the Market:

-- In August 2019, PDC Energy, Inc announced that they had acquired SRC ENERGY INC. to form the second largest shale oil and gas producer in Colorado's DJ Basin. The production capacity of the company will increase up to 200,000 barrel of oil equivalent per day reducing the general and administrative cost estimating around savings of up to USD 40 million with the completion of next year

-- In April 2019, Chevron Corporation acquired Anadarko petroleum to become the dominant shale oil producer. This helps to improve the position of the company in the whole world as it become 7th largest oil producing company. The opening of the new pipeline will boost the second half of 2019 as they deliver more oil to the gulf coast refiners in the new and growing export market. This will provide a highly effective boost towards the revenue generation of the company while enhancing the shale oil and natural gas production

1 2
This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.