This report by Nicholas Newman and published by PennEnergy Research highlights both the challenges and major factors that face the industry, investors and governments, outside the United States in repeating the American shale gas revolution.
New Shale Gas Countries report takes a special interest in the top 13 countries, which hold the largest technically recoverable shale gas assets outside North America.
It examines the key issues concerned with shale gas development, this global pioneer industry is expected to face, including petrochemical geological conditions, but also political, policy, regulatory, market, fiscal and scarcity of specialised skilled equipment and infrastructure required to exploit shale gas resources.
It takes a look at the proposals taken both by governments and by industry to facilitate the scale of investment required to expand global shale production outside the United States.
Furthermore, it provides a series of recommendations to tackle some of the challenges in the race for shale gas faced by the industry, government and potential investors.
Factors behind the shale gas revolution
Market demand and potential growth of shale gas supplies
Energy market trends
Key issues in shale gas exploration and development Forecasts and expectations
Key recommendations for investors, industry and government
Key Benefits of the Report
Where the key shale gas resources outside the North America are located.
What the key factors that are likely to contribute to shale gas development are
Who the key players in the shale gas exploration and development game are
What the key investment opportunities are
What the primary obstacles to achieving commercial scale shale gas production are
There is thought to be an estimated 32,162 trillion cubic feet of risked shale gas in-place and 6,636 trillion cubic feet of technically recoverable shale gas in the world trillion cubic feet.
The world’s country’s currently imports 705.5 billion cubic meters by pipeline and 327.9 billion cubic metres by LNG tanker.
According to BP, shale gas supplies are expected to meet 46% of the growth in gas demand and account for 21% of world gas production by 2035.
The cost of drilling horizontal shale gas well ranges from US$3.5-9m in the US compared with around US$4-5m for drilling a conventional well.
Key Questions Answered
How is the world outside the United States likely to realise its shale gas ambitions?
What is the current status of the global exploration and production?
What are the key developments in shale gas infrastructure?
Who are the key players in market?
What are the key must haves in countries outside the US repeating the American shale gas revolution?
To find out more: http://www.powergenerationresearch.com/the-new-shale-gas-countries/