Asia Pacific Shale Gas Market Prospects to 2025- Demand Growth and Escalating Gas Import Costs Force Asian Countries Drive Shale Investments
The new Asia Pacific shale gas report from OGANALYSIS noted that soaring demand, rapidly escalating LNG prices are forcing countries to look for possibility of shale gas production. In particular, China and India are witnessing rapid rise in demand and accordingly are planning to realize shale production earlier than planned. Australia is also planning to exploit its shale reserves to supply feed gas for its planned liquefaction terminals.
Success of the US shale and ongoing activities in Europe are encouraging Asian players to develop policy and frameworks for shale gas development. While China is allowing foreign companies to participate in shale exploration, India is planning to launch first bids in 2013. Over 10 companies are actively perusing shale operations in Australia and Pakistan and Bangladesh are in plans of identifying their reserve potential.
The report analyzes the current status, potential and feasibility of shale development, ongoing activities, government stance and companies operating in each of the key Asian shale markets including Australia, china, India, Pakistan and Bangladesh. The research work also identifies the top trends of Asia Pacific shale market. Key drivers and challenges faced by countries along with feasibility of first commercial production are also discussed in detail. Further, the Asia Pacific shale gas report from OGANALYSIS discusses physical characteristics of major basins in each country along with their reservoir properties and resource characteristics. Further, shale formations and key plays in each basin are discussed in detail. Basin wise company information along with the current status of activities in permits awarded is analyzed. In addition, company wise shale activities are provided for leading ten companies.
Feasibility of shale development coupled with details of concessions awarded, drilling success rates and operations, strategies of over 15 companies is provided. Companies analyzed in the report include CNPC, Sinopec, Shaanxi Group, Beach Energy, Santos SA, Sensex Energy, DrillSearch, BG Group, Statoil, Falcon, AWE, New standard Energy, Icon Energy, Norwest Energy and ONGC. Recent shale gas developments along with their impact on companies/ markets/ alternative fuels are also provided.
Success of the US shale and ongoing activities in Europe are encouraging Asian players to develop policy and frameworks for shale gas development. While China is allowing foreign companies to participate in shale exploration, India is planning to launch first bids in 2013. Over 10 companies are actively perusing shale operations in Australia and Pakistan and Bangladesh are in plans of identifying their reserve potential.
The report analyzes the current status, potential and feasibility of shale development, ongoing activities, government stance and companies operating in each of the key Asian shale markets including Australia, china, India, Pakistan and Bangladesh. The research work also identifies the top trends of Asia Pacific shale market. Key drivers and challenges faced by countries along with feasibility of first commercial production are also discussed in detail. Further, the Asia Pacific shale gas report from OGANALYSIS discusses physical characteristics of major basins in each country along with their reservoir properties and resource characteristics. Further, shale formations and key plays in each basin are discussed in detail. Basin wise company information along with the current status of activities in permits awarded is analyzed. In addition, company wise shale activities are provided for leading ten companies.
Feasibility of shale development coupled with details of concessions awarded, drilling success rates and operations, strategies of over 15 companies is provided. Companies analyzed in the report include CNPC, Sinopec, Shaanxi Group, Beach Energy, Santos SA, Sensex Energy, DrillSearch, BG Group, Statoil, Falcon, AWE, New standard Energy, Icon Energy, Norwest Energy and ONGC. Recent shale gas developments along with their impact on companies/ markets/ alternative fuels are also provided.
1 TABLE OF CONTENTS
1.1 List of Tables
1.2 List of Figures
2 ASIA PACIFIC SHALE GAS INDUSTRY OVERVIEW
2.1 Shale Gas Exploration in Asia Pacific Witnessing Strong Boost amidst New Policies and Price Concerns
2.1.1 Asia Pacific Shale gas Potential
2.1.2 Increasing Investments in Asia Pacific Shale Exploration to Change the Global Gas Dynamics
2.2 Asia Pacific Shale Gas Markets- Comparative Benchmarking
2.2.1 Based on Reserves
2.2.2 Based on Progress in Exploration Activities
2.2.3 Based on Drilling Success Rate
2.3 Global Shale Gas Markets Overview- 2012
2.3.1 Global Shale Gas Reserve Potential
2.3.2 Current Status of Shale Exploration Progress by Country
2.3.3 Shale Gas Overview- Snapshot
2.3.4 Shale Gas Overview- Evolution
2.3.5 Shale Gas Overview- Key Steps in Exploration Process
2.3.6 Shale Gas Overview- Hydraulic Fracturing
3 KEY TRENDS AND DRIVERS OF ASIA PACIFIC SHALE GAS INDUSTRY
3.1 Chinese Government Plans to triple Gas usage by 2020 spurs shale investments
3.1.1 China planning to switch to natural gas from coal
3.2 Despite Strong Reserves, China Face Tough Challenges in Shale Gas Exploration
3.2.1 China remains too dependent on PetroChina and Sinopec for the development of its shale industry
3.3 India to Announce its Shale Gas Exploration Policy and Framework in 2013
3.4 Robust demand for LNG in Asian Markets Encourages Australian Shale Exploration Activities
3.5 Despite Strong Gas Demand in Asian markets, Shale Production Unlikely before 2018
3.6 Robust rise in Gas Demand coupled with lack of import options force Pakistan to Explore its shale reserves
3.6
4 CURRENT STATUS OF SHALE GAS EXPLORATION AND FIELD DEVELOPMENTS IN ASIA PACIFIC
4.1 China-Government approves Foreign Participation in Sichuan Basin Shale Exploration
4.2 Austalia- Santos reserves first Proven and Probable Shale reserves Driven by Success of Moomba
4.3 India- Government Likely to Launch First Round of Shale Exploration Bidding by the end of 2013
4.4 Pakistan- Pilot projects in Progress in Southern Indus Basin
4.5 Indonesia- Pertamina Signs first PSC for Shale Gas Exploration and plans to spend $7.8 billion
4.6 Bangladesh- Government Invites US Team to Explore Possibility of Shale Gas Production
4.7 Mangolia- Yet to Formulate Regime for Shale Project Approvals
5 CHINA SHALE GAS MARKET ANALYSIS
5.1 China Shale and Conventional Gas Snapshot
5.2 China Shale Gas Reserve Potential
5.3 China Shale Play Characteristics
5.3.1 Sichuan Basin Characteristics
5.3.2 Tarim Basin Characteristics
5.3.3 Ordos Basin
5.3.4 Junggar Basin
5.3.5 North China (Huabei) Basin
5.3.6 Turpan-Hami Basin
5.3.7 Songliao Basin
5.4 China Shale Drilling and Exploration Operations
5.5 Leading Players in China Shale Market
5.5.1 Company Wise Blocks and Licenses Awarded
5.5.2 China National Petroleum Corporation Shale Operations in China
5.5.3 Sinopec Corporation Shale Operations in China
5.5.4 Shaanxi Yanchang Petroleum (Group) Co. Ltd. Shale Operations in China
6 AUSTRALIA SHALE GAS MARKET ANALYSIS
6.1 Australia Shale and Conventional Gas Snapshot
6.2 Australia Shale Gas Reserve Potential
6.3 Australia Shale Play Characteristics
6.3.1 Cooper Basin Characteristics
6.3.2 Maryborough Basin Characteristics
6.3.3 Perth Basin Characteristics
6.3.4 Canning Basin Characteristics
6.4 Australia Shale Drilling and Exploration Operations
6.4.1 Cooper Basin Exploration Activities
6.4.2 Perth Basin Exploration Activities
6.4.3 Canning Basin Exploration Activities
6.5 Leading Players in Australia Shale market
6.5.1 Beach Energy Shale Operations in Australia
6.5.2 Santos Shale Operations in Australia
6.5.3 Senex Energy Ltd. Shale Operations in Australia
6.5.4 Drillsearch Energy Ltd. Shale Operations in Australia
6.5.5 BG Group Shale Operations in Australia
6.5.6 Statoil Shale Operations in Australia
6.5.7 Falcon oil and Gas Company with Hess Corporation Shale Operations in Australia
6.5.8 AWE Shale Operations in Australia
6.5.9 New Standard Energy Shale Operations in Australia
6.5.10 Icon Energy Shale Operations in Australia
6.5.11 Norwest Energy Shale Operations in Australia
7 INDIA SHALE GAS MARKET ANALYSIS
7.1 India Shale and Conventional Gas Snapshot
7.2 Shale Gas reserves
7.3 India Shale Play Characteristics
7.3.1 Cambay Basin Characteristics
7.3.2 Damodar Valley Basin Characteristics
7.3.3 Krishna Godavari Basin Characteristics
7.3.4 Cauvery Basin Characteristics
7.3.5 Upper Assam Basin characteristics
7.3.6 Pranitha-Godavari Basin Characteristics
7.3.7 Vindhyan Basin Characteristics
7.3.8 Rajasthan Basin characteristics
7.4 India Shale Drilling and Exploration Operations
7.5 Leading Players in India Shale Market
7.5.1 ONGC Shale Operations in India
8 ANALYSIS OF PAKISTAN SHALE GAS MARKET
8.1 Pakistan Shale and Conventional Gas Snapshot
8.2 Pakistan Shale Gas Reserve Potential
8.3 Pakistan Shale Play Characteristics
8.3.1 Southern Indus Basin Characteristics
8.4 Pakistan Shale Drilling and Exploration Operations
9 COMPANY PROFILES OF LEADING SHALE COMPANIES IN ASIA PACIFIC
9.1 CNPC Business Profile
9.2 Santos SA Business Profile
9.3 Sinopec Business Profile
9.4 ONGC Business Profile
9.5 BG Group Plc Business Profile
10 LATEST DEVELOPMENTS IN ASIA PACIFIC SHALE GAS INDUSTRY
11 APPENDIX
11.1 Conversion Factors
11.2 Abbreviations
11.3 Methodology
11.4 Contact Us
11.5 Disclaimer
1.1 List of Tables
1.2 List of Figures
2 ASIA PACIFIC SHALE GAS INDUSTRY OVERVIEW
2.1 Shale Gas Exploration in Asia Pacific Witnessing Strong Boost amidst New Policies and Price Concerns
2.1.1 Asia Pacific Shale gas Potential
2.1.2 Increasing Investments in Asia Pacific Shale Exploration to Change the Global Gas Dynamics
2.2 Asia Pacific Shale Gas Markets- Comparative Benchmarking
2.2.1 Based on Reserves
2.2.2 Based on Progress in Exploration Activities
2.2.3 Based on Drilling Success Rate
2.3 Global Shale Gas Markets Overview- 2012
2.3.1 Global Shale Gas Reserve Potential
2.3.2 Current Status of Shale Exploration Progress by Country
2.3.3 Shale Gas Overview- Snapshot
2.3.4 Shale Gas Overview- Evolution
2.3.5 Shale Gas Overview- Key Steps in Exploration Process
2.3.6 Shale Gas Overview- Hydraulic Fracturing
3 KEY TRENDS AND DRIVERS OF ASIA PACIFIC SHALE GAS INDUSTRY
3.1 Chinese Government Plans to triple Gas usage by 2020 spurs shale investments
3.1.1 China planning to switch to natural gas from coal
3.2 Despite Strong Reserves, China Face Tough Challenges in Shale Gas Exploration
3.2.1 China remains too dependent on PetroChina and Sinopec for the development of its shale industry
3.3 India to Announce its Shale Gas Exploration Policy and Framework in 2013
3.4 Robust demand for LNG in Asian Markets Encourages Australian Shale Exploration Activities
3.5 Despite Strong Gas Demand in Asian markets, Shale Production Unlikely before 2018
3.6 Robust rise in Gas Demand coupled with lack of import options force Pakistan to Explore its shale reserves
3.6
4 CURRENT STATUS OF SHALE GAS EXPLORATION AND FIELD DEVELOPMENTS IN ASIA PACIFIC
4.1 China-Government approves Foreign Participation in Sichuan Basin Shale Exploration
4.2 Austalia- Santos reserves first Proven and Probable Shale reserves Driven by Success of Moomba
4.3 India- Government Likely to Launch First Round of Shale Exploration Bidding by the end of 2013
4.4 Pakistan- Pilot projects in Progress in Southern Indus Basin
4.5 Indonesia- Pertamina Signs first PSC for Shale Gas Exploration and plans to spend $7.8 billion
4.6 Bangladesh- Government Invites US Team to Explore Possibility of Shale Gas Production
4.7 Mangolia- Yet to Formulate Regime for Shale Project Approvals
5 CHINA SHALE GAS MARKET ANALYSIS
5.1 China Shale and Conventional Gas Snapshot
5.2 China Shale Gas Reserve Potential
5.3 China Shale Play Characteristics
5.3.1 Sichuan Basin Characteristics
5.3.2 Tarim Basin Characteristics
5.3.3 Ordos Basin
5.3.4 Junggar Basin
5.3.5 North China (Huabei) Basin
5.3.6 Turpan-Hami Basin
5.3.7 Songliao Basin
5.4 China Shale Drilling and Exploration Operations
5.5 Leading Players in China Shale Market
5.5.1 Company Wise Blocks and Licenses Awarded
5.5.2 China National Petroleum Corporation Shale Operations in China
5.5.3 Sinopec Corporation Shale Operations in China
5.5.4 Shaanxi Yanchang Petroleum (Group) Co. Ltd. Shale Operations in China
6 AUSTRALIA SHALE GAS MARKET ANALYSIS
6.1 Australia Shale and Conventional Gas Snapshot
6.2 Australia Shale Gas Reserve Potential
6.3 Australia Shale Play Characteristics
6.3.1 Cooper Basin Characteristics
6.3.2 Maryborough Basin Characteristics
6.3.3 Perth Basin Characteristics
6.3.4 Canning Basin Characteristics
6.4 Australia Shale Drilling and Exploration Operations
6.4.1 Cooper Basin Exploration Activities
6.4.2 Perth Basin Exploration Activities
6.4.3 Canning Basin Exploration Activities
6.5 Leading Players in Australia Shale market
6.5.1 Beach Energy Shale Operations in Australia
6.5.2 Santos Shale Operations in Australia
6.5.3 Senex Energy Ltd. Shale Operations in Australia
6.5.4 Drillsearch Energy Ltd. Shale Operations in Australia
6.5.5 BG Group Shale Operations in Australia
6.5.6 Statoil Shale Operations in Australia
6.5.7 Falcon oil and Gas Company with Hess Corporation Shale Operations in Australia
6.5.8 AWE Shale Operations in Australia
6.5.9 New Standard Energy Shale Operations in Australia
6.5.10 Icon Energy Shale Operations in Australia
6.5.11 Norwest Energy Shale Operations in Australia
7 INDIA SHALE GAS MARKET ANALYSIS
7.1 India Shale and Conventional Gas Snapshot
7.2 Shale Gas reserves
7.3 India Shale Play Characteristics
7.3.1 Cambay Basin Characteristics
7.3.2 Damodar Valley Basin Characteristics
7.3.3 Krishna Godavari Basin Characteristics
7.3.4 Cauvery Basin Characteristics
7.3.5 Upper Assam Basin characteristics
7.3.6 Pranitha-Godavari Basin Characteristics
7.3.7 Vindhyan Basin Characteristics
7.3.8 Rajasthan Basin characteristics
7.4 India Shale Drilling and Exploration Operations
7.5 Leading Players in India Shale Market
7.5.1 ONGC Shale Operations in India
8 ANALYSIS OF PAKISTAN SHALE GAS MARKET
8.1 Pakistan Shale and Conventional Gas Snapshot
8.2 Pakistan Shale Gas Reserve Potential
8.3 Pakistan Shale Play Characteristics
8.3.1 Southern Indus Basin Characteristics
8.4 Pakistan Shale Drilling and Exploration Operations
9 COMPANY PROFILES OF LEADING SHALE COMPANIES IN ASIA PACIFIC
9.1 CNPC Business Profile
9.2 Santos SA Business Profile
9.3 Sinopec Business Profile
9.4 ONGC Business Profile
9.5 BG Group Plc Business Profile
10 LATEST DEVELOPMENTS IN ASIA PACIFIC SHALE GAS INDUSTRY
11 APPENDIX
11.1 Conversion Factors
11.2 Abbreviations
11.3 Methodology
11.4 Contact Us
11.5 Disclaimer
LIST OF TABLES
Table 1: Comparison of Shale Gas Reserves to Conventional Gas Reserves
Table 3: China Shale Gas Snapshot
Table 4: China Potential Shale Reserve Estimates
Table 5: Physical characteristics of Sichuan Basin
Table 6: Sichuan Basin- Reservoir Properties
Table 7: Sichuan Basin- Resource charecteristics
Table 8: Physical characteristics of Tarim Basin
Table 9: Tarim Basin- Reservoir Properties
Table 10: Tarim Basin- Resource characteristics
Table 11: China- Company Wise Shale Blocks Awarded
Table 12: Australia Shale Gas Snapshot
Table 13: Physical Characteristics of Cooper Basin
Table 14: Cooper Basin- Reservoir Properties
Table 15: Cooper Basin- Resource Characteristics
Table 16: Physical Characteristics of Maryborough Basin
Table 17: Maryborough Basin- Reservoir Properties
Table 18: Maryborough Basin- Resource Characteristics
Table 19: Physical Characteristics of Perth Basin
Table 20: Perth Basin- Reservoir Properties
Table 21: Perth Basin- Resource characteristics
Table 22: Physical characteristics of SE Anatolia Basin
Table 23: SE Anatolia Basin- Reservoir Properties
Table 24: SE Anatolia Basin- Resource Characteristics
Table 25: India Shale Gas Snapshot
Table 26: Physical characteristics of Cambay Basin
Table 27: Cambay Basin- Reservoir Properties
Table 28: Cambay Basin- Resource Characteristics
Table 29: Physical characteristics of Damodar Valley Basin
Table 30: Damodar Valley Basin- Reservoir Properties
Table 31: Damodar Valley Basin- Resource Characteristics
Table 32: Physical characteristics of Krishna Godavari Basin
Table 33: Krishna Godavari Basin- Reservoir Properties
Table 34: Krishna Godavari Basin- Resource Characteristics
Table 35: Physical characteristics of Cauvery Basin
Table 36: Cauvery Basin- Reservoir Properties
Table 37: Cauvery Basin- Resource Characteristics
Table 38: Pakistan Shale Gas Snapshot
Table 39: Physical characteristics of Southern Indus Basin
Table 40: Southern Indus Basin- Reservoir Properties
Table 41: Southern Indus Basin- Resource Characteristics
Table 42: Natural Gas (NG) and Liquefied Natural Gas (LNG) Conversion Factors
Table 1: Comparison of Shale Gas Reserves to Conventional Gas Reserves
Table 3: China Shale Gas Snapshot
Table 4: China Potential Shale Reserve Estimates
Table 5: Physical characteristics of Sichuan Basin
Table 6: Sichuan Basin- Reservoir Properties
Table 7: Sichuan Basin- Resource charecteristics
Table 8: Physical characteristics of Tarim Basin
Table 9: Tarim Basin- Reservoir Properties
Table 10: Tarim Basin- Resource characteristics
Table 11: China- Company Wise Shale Blocks Awarded
Table 12: Australia Shale Gas Snapshot
Table 13: Physical Characteristics of Cooper Basin
Table 14: Cooper Basin- Reservoir Properties
Table 15: Cooper Basin- Resource Characteristics
Table 16: Physical Characteristics of Maryborough Basin
Table 17: Maryborough Basin- Reservoir Properties
Table 18: Maryborough Basin- Resource Characteristics
Table 19: Physical Characteristics of Perth Basin
Table 20: Perth Basin- Reservoir Properties
Table 21: Perth Basin- Resource characteristics
Table 22: Physical characteristics of SE Anatolia Basin
Table 23: SE Anatolia Basin- Reservoir Properties
Table 24: SE Anatolia Basin- Resource Characteristics
Table 25: India Shale Gas Snapshot
Table 26: Physical characteristics of Cambay Basin
Table 27: Cambay Basin- Reservoir Properties
Table 28: Cambay Basin- Resource Characteristics
Table 29: Physical characteristics of Damodar Valley Basin
Table 30: Damodar Valley Basin- Reservoir Properties
Table 31: Damodar Valley Basin- Resource Characteristics
Table 32: Physical characteristics of Krishna Godavari Basin
Table 33: Krishna Godavari Basin- Reservoir Properties
Table 34: Krishna Godavari Basin- Resource Characteristics
Table 35: Physical characteristics of Cauvery Basin
Table 36: Cauvery Basin- Reservoir Properties
Table 37: Cauvery Basin- Resource Characteristics
Table 38: Pakistan Shale Gas Snapshot
Table 39: Physical characteristics of Southern Indus Basin
Table 40: Southern Indus Basin- Reservoir Properties
Table 41: Southern Indus Basin- Resource Characteristics
Table 42: Natural Gas (NG) and Liquefied Natural Gas (LNG) Conversion Factors
LIST OF FIGURES
Figure 1: Asia Pacific shale gas reserves by country (Tcf) as of 2011
Figure 2: Global Shale Gas Reserves (Tcf)
Figure 3: Shale Resources- Schematic Geology
Figure 4: Typical Hydraulic Fracturing Process
Figure 5: Fracturing Fluid Composition
Figure 6: Shale Fracturing Fluid- Typical Composition of Chemical Additives
Figure 7: Comparison of Shale Gas Reserves with Natural Gas Reserves in 2011
Figure 8: Shale Basins of China
Figure 9: Comparison of Shale Gas Reserves with Natural Gas Reserves in 2011
Figure 10: Key Shale Basins in Australia- I
Figure 11: Key Shale Basins of Australia- II
Figure 12: Australia Shale Basins Activities by company
Figure 13: Comparison of Shale Gas Reserves with Natural Gas Reserves in 2011
Figure 14: Shale Basins Map- India
Figure 15: Comparison of Shale Gas Reserves with Natural Gas Reserves in 2011
Figure 16: Shale Basin of Pakistan
COMPANIES MENTIONED
CNPC, Sinopec, Shaanxi Group, Beach Energy, Santos SA, Sensex Energy, DrillSearch, BG Group, Statoil, Falcon, AWE, New standard Energy, Icon Energy, Norwest Energy and ONGC
Figure 1: Asia Pacific shale gas reserves by country (Tcf) as of 2011
Figure 2: Global Shale Gas Reserves (Tcf)
Figure 3: Shale Resources- Schematic Geology
Figure 4: Typical Hydraulic Fracturing Process
Figure 5: Fracturing Fluid Composition
Figure 6: Shale Fracturing Fluid- Typical Composition of Chemical Additives
Figure 7: Comparison of Shale Gas Reserves with Natural Gas Reserves in 2011
Figure 8: Shale Basins of China
Figure 9: Comparison of Shale Gas Reserves with Natural Gas Reserves in 2011
Figure 10: Key Shale Basins in Australia- I
Figure 11: Key Shale Basins of Australia- II
Figure 12: Australia Shale Basins Activities by company
Figure 13: Comparison of Shale Gas Reserves with Natural Gas Reserves in 2011
Figure 14: Shale Basins Map- India
Figure 15: Comparison of Shale Gas Reserves with Natural Gas Reserves in 2011
Figure 16: Shale Basin of Pakistan
COMPANIES MENTIONED
CNPC, Sinopec, Shaanxi Group, Beach Energy, Santos SA, Sensex Energy, DrillSearch, BG Group, Statoil, Falcon, AWE, New standard Energy, Icon Energy, Norwest Energy and ONGC
