Research and Markets: Global Unconventional Gas Market 2014-2018 - Market Driven by Depleting Gas Reserves
16 April 2014 - 7:24PM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/j69c4d/global) has
announced the addition of the "Global Unconventional Gas Market
2014-2018 - Market Driven by Depleting Gas Reserves" report to
their offering.
The Global Unconventional Gas market to grow at a CAGR of 4% to
2018.
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.
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.
Further, the report states that 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.
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.
- Royal Dutch Shell plc.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Type
- Market Segmentation by End-users
- Geographical Segmentation
- Key Leading Countries
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit
http://www.researchandmarkets.com/research/j69c4d/global
Research and MarketsLaura Wood, Senior
Manager.press@researchandmarkets.comU.S. Fax: 646-607-1907Fax
(outside U.S.): +353-1-481-1716Sector: Gas