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The Shale Gas Market 2012-2022: Transforming the Dynamics of Natural Gas

May 2012 | 147 pages | ID: S068F944984EN
Visiongain

US$ 2,633.00

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The shale gas industry has seen significant growth in the North American market changing the dynamics of natural gas trading in the region. The combination of horizontal drilling and hydraulic fracturing to extract gas from low permeability rock sources has presented a major new energy source, which has significantly reduced the need for natural gas imports to the US. Nations across the world are now looking at the possibility of tapping into this resource to supplement domestic gas consumption or even for export. As a consequence, visiongain has determined that the value of the global shale gas market in 2012 will reach $36.95bn

The shale gas market is currently dominated by the US as this is where the methodology to develop shale was pioneered. The US also a number of favourable characteristics that have helped promote the speed of shale gas production. However, this has created a distinctly two tier market between the nations with an established shale gas market and those that are emerging into the industry.

According to geologists there are 142 shale rock bearing basins around the world and only around a quarter of these have proven production potential, mainly in North America. This report will highlight the growing investment in the shale gas industry around the world as energy hungry nations look to emulate the successes seen in North America.

The report contains 71 tables, charts and graphs that add visual analysis in order to explain developing trends within the shale gas market. Visiongain provides forecasts for the period 2012-2022 in terms of capital expenditure (US$) on the global shale gas market. In addition, eight national shale gas markets are forecast and analysed over the period 2012-2022, along with countries in the rest of Europe and the rest of the world. The report also provides profiles of 40 leading companies operating within the market, and includes two exclusive interviews with experts from principal companies working in the shale gas market, providing key insight alongside visiongain's analysis.

Unique Selling Points
  • Comprehensive analysis of the prospects for the shale gas market from 2012-2022.
  • Analysis and forecasting informed by extensive expert consultation with industry leaders. You will be able to read full transcripts of interviews from two leading companies involved within the shale gas market.
  • 71 tables, charts and graphs that quantify, analyse and forecast the changing dynamics of the shale gas market between 2012-2022.
  • Forecasts and analysis for the global shale gas market between 2012-2022
  • Forecasts and analysis for eight national shale gas markets, as well as projections for the rest of Europe and the rest of the world for the period 2012-2022
  • Analysis of the forces that influence and characterise the shale gas market
  • Profiles of 40 leading companies operating within the shale gas market.
Methodology

This report has been compiled by combining information obtained from a very wide and rich mixture of primary and secondary research sources, producing a broad industry overview. Visiongain sought opinions from leading figures in the shale gas market to underpin the analysis of market drivers and restraints. The study draws on a diverse range of official corporate and governmental announcements, media reports, policy documents, industry statements and expert opinion as a basis for discussing and predicting developments in the shale gas market between 2012 and 2022.

Visiongain considers that this methodology results in an accurate, objective mixture of analyses and forecasts.

Why you should buy The Shale Gas Market 2012-2022: Transforming the Dynamics of Natural Gas
  • You will receive a comprehensive analysis of the shale gas market from 2012-2022
  • The analysis and forecasting has been informed by extensive expert consultation with industry leaders. Within the report, you will be able to read full transcripts of interviews from two major companies involved within the shale gas market.
    • Devon Energy
    • FEI Company
  • You will find 71 tables, charts, and graphs that quantify, analyse and forecast the shale gas market from 2012-2022
  • You will receive forecasts and analysis of the global shale gas market between 2012-2022
  • You will be presented with forecasts for the 8 leading national shale gas markets, as well as the rest of Europe and rest of the world figures and projections for the period 2012-2022
    • Argentina
    • Australia
    • Canada
    • China
    • India
    • Mexico
    • Poland
    • The US
    • The Rest of Europe
    • The Rest of the World
  • For each of the 8 leading national markets you will find an analysis of drivers and restraints.
  • For each of the 8 leading national markets you will also discover details of significant market developments.
  • You will receive a SWOT analysis that examines the shale gas market from 2012-2022
  • You will receive profiles of 40 leading companies operating within the shale gas market
What is the structure of the report?
  • Chapter 1 is an executive summary providing a succinct overview of the report.
  • Chapter 2 offers an introduction to the shale gas market covering, resource estimates, shale gas economics and current trends in the market.
  • Chapter 3 provides a global shale gas market forecast and analysis from 2012-2022, with a market share breakdown of the national markets over the next ten years.
  • Chapter 4 forecasts and analyses the leading 8 national shale gas markets from 2012-2022, covering the latest market developments and analysing country specific drivers and restraints.
  • Chapter 5 delivers a SWOT analysis of the shale gas market, summarising the primary strengths, weaknesses, opportunities and strengths.
  • Chapter 6 details two interviews with experts from the shale gas industry, including Jeff Kelley - a petrophysicist at Devon Energy - and Herman Lemmens - product manager at FEI Company.
  • Chapter 7 highlights 40 of the major companies operating in the shale gas market providing an overview of recent operations and shale gas holdings.
  • Chapter 8 summarises the report bringing together the statistical and analytical data to provide a clear conclusion to visiongain's findings.
  • Chapter 9 is a glossary of terms and acronyms used throughout the report.
You can order this report today

Anybody with an interest in the shale gas market should gain valuable information and insight from this new study by visiongain, which analyses one of the most exciting markets in the energy industry. The growth of the shale gas industry offers substantial business and investment opportunities and is becoming an increasingly important component of the growing unconventional energy industry in several key regional markets.

This visiongain report will be valuable both to those already involved in the shale gas market and those wishing to enter the market in the future. Gain an understanding of how to tap into the potential of this market by ordering The Shale Gas Market 2012-2022: Transforming the Dynamics of Natural Gas
1. EXECUTIVE SUMMARY

1.1 Overview of the Shale Gas Market
1.2 Highlights of the Report
1.3 Benefits of the Report
1.4 Methodology
1.5 The Global Shale Gas Market Forecast 2012-2022
1.6 Leading National Shale Gas Market Forecasts 2012-2022

2. INTRODUCTION TO THE SHALE GAS MARKET

2.1 Global Shale Gas Resources
2.2 Global Shale Gas Market Emphasis
2.3 Shale Gas Economics
2.4 Current Trends in the Shale Gas Market
  2.4.1 Natural Gas Prices
    2.4.1.1 North America
    2.4.1.2 The Rest of the World
  2.4.2 Increasing Influence of Large Multi-National Companies
  2.4.3 Growing Number of Joint Ventures
  2.4.4 Improving Operational Efficiency and Better Technology
  2.4.5 Shift from Gas to Liquids
  2.4.6 Hedging not Managing to Cover Losses

3. THE GLOBAL SHALE GAS MARKET

3.1 The Global Shale Gas Market Forecast 2012-2022
3.2 Leading National Shale Gas Market Forecasts 2012-2022
3.3 National Shale Gas Market Share Forecast 2012, 2017 and 2022

4. THE LEADING NATIONAL SHALE GAS MARKETS

4.1 The US Shale Gas Market Forecast 2012-2022
  4.1.1 The US Shale Gas Market Analysis
  4.1.2 US Shale Gas Market Developments
  4.1.3 Drivers and Restraints in the US Shale Gas Market
  4.1.4 US Shale Gas Market Conclusions
4.2 The Canadian Shale Gas Market Forecast 2012-2022
  4.2.1 Canadian Shale Gas Market Analysis
  4.2.2 Canadian Shale Gas Market Developments
  4.2.3 Drivers and Restraints in the Canadian Shale Gas Market
  4.2.4 Canadian Shale Gas Market Conclusions
4.3 The Polish Shale Gas Market Forecast 2012-2022
  4.3.1 Polish Shale Gas Market Analysis
  4.3.2 Polish Shale Gas Market Developments
  4.3.3 Drivers and Restraints in the Polish Shale Gas Market
  4.3.4 Polish Shale Gas Market Conclusions
4.4 The Australian Shale Gas Market Forecast 2012-2022
  4.4.1 Australian Shale Gas Market Analysis
  4.4.2 Australian Shale Gas Market Developments
  4.4.3 Drivers and Restraints in the Australian Shale Gas Market
  4.4.4 Australian Shale Gas Market Conclusions
4.5 The Mexican Shale Gas Market Forecast 2012-2022
  4.5.1 Mexican Shale Gas Market Analysis
  4.5.2 Mexican Shale Gas Market Developments
  4.5.3 Drivers and Restraints in the Mexican Shale Gas Market
  4.5.4 Mexican Shale Gas Market Conclusions
4.6 The Chinese Shale Gas Market Forecast 2012-2022
  4.6.1 Chinese Shale Gas Market Analysis
  4.6.2 Chinese Shale Gas Market Developments
  4.6.3 Drivers and Restraints in the Chinese Shale Gas Market
  4.6.4 Chinese Shale Gas Market Conclusions
4.7 The Argentinean Shale Gas Market Forecast 2012-2022
  4.7.1 Argentinean Shale Gas Market Analysis
  4.7.2 Argentinean Shale Gas Market Developments
  4.7.3 Drivers and Restraints in the Argentinean Shale Gas Market
  4.7.4 Argentinean Shale Gas Market Conclusions
4.8 The Indian Shale Gas Market Forecast 2012-2022
  4.8.1 Indian Shale Gas Market Analysis
  4.8.2 Indian Shale Gas Market Developments
  4.8.3 Drivers and Restraints in the Indian Shale Gas Market
  4.8.4 Indian Shale Gas Market Conclusions
4.9 The Rest of Europe Shale Gas Market Forecast 2012-2022
  4.9.1 The Rest of Europe Shale Gas Market Analysis
  4.9.2 The Rest of Europe Shale Gas Market Developments
  4.9.3 Drivers and Restraints in the Rest of Europe Shale Gas Market
  4.9.4 Rest of Europe Shale Gas Market Conclusions
4.10 The Rest of the World Shale Gas Market Forecast 2012-2022
  4.10.1 The Rest of the World Shale Gas Market Analysis
  4.10.2 The Rest of the World Shale Gas Market Developments
  4.10.3 Drivers and Restraints in the Rest of the World Shale Gas Market
  4.10.4 The Rest of the World Shale Gas Market Conclusions

5. SWOT ANALYSIS OF THE SHALE GAS MARKET 2012-2022

5.1 Strengths
  5.1.1 Growing Global Gas Demand
  5.1.2 Greater Energy Independence
  5.1.3 Adds to Energy Diversity
  5.1.4 Lower Carbon Dioxide Emissions
5.2 Weaknesses
  5.2.1 Regional Gas Pricing
  5.2.2 Conventional Gas Reserves
  5.2.3 Inconsistency of Shale Formations
  5.2.4 Lack of Infrastructure
5.3 Opportunities
  5.3.1 Untapped Shale Formations
  5.3.2 Job Creation and Tax Income
  5.3.3 Technological Challenges
  5.3.4 Export Markets
5.4 Threats
  5.4.1 Government Influence and Legislation
  5.4.2 Public Opposition
  5.4.3 Limited Water Resources

6. EXPERT OPINION

6.1 Devon Energy Corporation
  6.1.1 Ideal Fracture Geologies
  6.1.2 Importance of Well Data and Availability of Services
  6.1.3 Overcoming Challenges in Shale Gas Development
  6.1.4 Technologies Aiding Optimisation of Drilling and Hydraulic Fracturing
  6.1.5 Finding the Sweet Spots
  6.1.6 The Growing Importance of NGLs
  6.1.7 Promising Emerging Shale Formations
  6.1.8 Opportunities for the Shale Gas Industry Outside of the US
6.2 FEI Company
  6.2.1 Advantages of Multi-Scale Imaging in the Shale Gas Industry
  6.2.2 Microscopy to Optimise Fracturing Efficiency
  6.2.3 The Importance of Nano-Scale Knowledge
  6.2.4 Demand for Electron Microscopy in the Shale Gas Market
  6.2.5 Areas of Growing Shale Gas Study
  6.2.6 Shale Gas Imaging Example

7. LEADING COMPANIES IN THE SHALE GAS MARKET

7.1 Anadarko Petroleum Corporation
7.2 Antero Resources
7.3 Apache Corporation
7.4 Beach Energy
7.5 BHP Billiton
7.6 BP
7.7 Cabot Oil and Gas Corporation
7.8 Carrizo Oil and Gas, Inc.
7.9 Chesapeake Energy Corporation
7.10 Chevron Corporation
7.11 China National Offshore Oil Corporation (CNOOC)
7.12 ConocoPhillips Company
7.13 CONSOL Energy Inc.
7.14 Devon Energy Corporation
7.15 Encana Corporation
7.16 EOG Resources, Inc.
7.17 EQT Corporation
7.18 Exco Resources, Inc.
7.19 ExxonMobil Corporation
7.20 Hess Corporation
7.21 Marathon Oil
7.22 Murphy Oil Corporation
7.23 Newfield Exploration Company
7.24 Nexen Inc.
7.25 Noble Energy Inc.
7.26 PetroChina Company Limited
7.27 PGNiG
7.28 Pioneer Natural Resources
7.29 QEP Resources
7.30 Range Resources Corporation
7.31 Reliance Industries Limited
7.32 Royal Dutch Shell
7.33 Seneca Resources
7.34 Sinopec (China Petroleum and Chemical Corporation)
7.35 SM Energy Company
7.36 Southwestern Energy Company
7.37 Statoil
7.38 Talisman Energy, Inc.
7.39 Total
7.40 Ultra Petroleum

8. CONCLUSIONS

8.1 The Global Shale Gas Market 2012-2022
8.2 The Major Shale Gas Markets 2012-2022
8.3 The Fastest Growing National Shale Gas Markets 2012-2022
8.4 Strong Growth National Shale Gas Markets 2012-2022
8.5 The Rest of the World Shale Gas Markets 2012-2022
8.6 Concluding Remarks on the Shale Gas Market

9. GLOSSARY

LIST OF TABLES


Table 3.1 Global Shale Gas Market Forecast 2012-2022 ($m, AGR %)
Table 3.2 Global Shale Gas Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 3.3 Leading National Shale Gas Markets Forecast 2012-2022 ($m, AGR %)
Table 3.4 Leading National Shale Gas Markets Forecast CAGR (% + Rank) 2012-2022, 2012-2017, and 2017-2022
Table 4.1 US Shale Gas Market Forecast Summary 2012, 2017 and 2022 ($m, Rank, % Share, CAGR %, Cumulative)
Table 4.2 US Shale Gas Market Forecast 2012-2022 ($m, AGR %)
Table 4.3 US Shale Gas Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.4 Canadian Shale Gas Market Forecast Summary 2012, 2017 and 2022 ($m, Rank, % Share, CAGR %, Cumulative)
Table 4.5 Canadian Shale Gas Market Forecast 2012-2022 ($m, AGR %)
Table 4.6 Canadian Shale Gas Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.7 Polish Shale Gas Market Forecast Summary 2012, 2017 and 2022 ($m, Rank, % Share, CAGR %, Cumulative)
Table 4.8 Polish Shale Gas Market Forecast 2012-2022 ($m, AGR %)
Table 4.9 Polish Shale Gas Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.10 Australian Shale Gas Market Forecast Summary 2012, 2017 and 2022 ($m, Rank, % Share, CAGR %, Cumulative)
Table 4.11 Australian Shale Gas Market Forecast 2012-2022 ($m, AGR %)
Table 4.12 Australian Shale Gas Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.13 Mexican Shale Gas Market Forecast Summary 2012, 2017 and 2022 ($m, Rank, % Share, CAGR %, Cumulative)
Table 4.14 Mexican Shale Gas Market Forecast 2012-2022 ($m, AGR %)
Table 4.15 Mexican Shale Gas Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.16 Chinese Shale Gas Market Forecast Summary 2012, 2017 and 2022 ($m, Rank, % Share, CAGR %, Cumulative)
Table 4.17 Chinese Shale Gas Market Forecast 2012-2022 ($m, AGR %)
Table 4.18 Chinese Shale Gas Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.19 Argentinean Shale Gas Market Forecast Summary 2012, 2017 and 2022 ($m, Rank, % Share, CAGR %, Cumulative)
Table 4.20 Argentinean Shale Gas Market Forecast 2012-2022 ($m, AGR %)
Table 4.21 Argentinean Shale Gas Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.22 Indian Shale Gas Market Forecast Summary 2012, 2017 and 2022 ($m, Rank, % Share, CAGR %, Cumulative)
Table 4.23 Indian Shale Gas Market Forecast 2012-2022 ($m, AGR %)
Table 4.24 Indian Shale Gas Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.25 Rest of Europe Shale Gas Market Forecast Summary 2012, 2017 and 2022 ($m, % Share, CAGR %, Cumulative)
Table 4.26 Rest of Europe Shale Gas Market Forecast 2012-2022 ($m, AGR %)
Table 4.27 Rest of Europe Shale Gas Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 4.28 Rest of the World Shale Gas Market Forecast Summary 2012, 2017 and 2022 ($m, % Share, CAGR %, Cumulative)
Table 4.29 Rest of the World Shale Gas Market Forecast 2012-2022 ($m, AGR %)
Table 4.30 Rest of the World Shale Gas Market Forecast CAGR (%) 2012-2022, 2012-2017, and 2017-2022
Table 5.1 SWOT Analysis of the Shale Gas Market 2012-2022

LIST OF FIGURES

Figure 2.1 Regional Shale Gas Resource Estimates (tcf)
Figure 2.2 Global Distribution of Capital Spending on Shale Gas 2011 (%)
Figure 2.3 Break-even Prices for Top North American Shale Plays & 2012 Average NYMEX gas price ($/MMBtu)
Figure 2.4 US Spot Gas Price History with Short Term Forecast and NYMEX Futures 2011-2014 ($/MMBtu)
Figure 2.5 US and European Natural Gas Price with Japanese LNG Price 2008-2012 ($/MMBtu)
Figure 2.6 US Onshore Oil and Gas Rig Count and Crude to Natural Gas Price Ratio 2000-2011 (Units & %)
Figure 3.1 Global Shale Gas Market Forecast 2012-2022 ($m)
Figure 3.2 US, Canadian and Chinese Shale Gas Markets Forecast 2012-2022 ($m)
Figure 3.3 Other National and Rest of the World Shale Gas Markets Forecast 2012-2022 ($m)
Figure 3.4 Leading National Shale Gas Market Share Forecast 2012 (%)
Figure 3.5 Leading National Shale Gas Market Share Forecast 2017 (%)
Figure 3.6 Leading National Shale Gas Market Share Forecast 2022 (%)
Figure 4.1 US Shale Gas Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.2 US Shale Gas Market Forecast 2012-2022 ($m)
Figure 4.3 Henry Hub Natural Gas Price 2008-2012 ($/MMBtu)
Figure 4.4 Monthly US Shale Play Dry Gas Output 2010-2012 (Bcf/d)
Figure 4.5 Canadian Shale Gas Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.6 Canadian Shale Gas Market Forecast 2012-2022 ($m)
Figure 4.7 Polish Shale Gas Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.8 Polish Shale Gas Market Forecast 2012-2022 ($m)
Figure 4.9 Australian Shale Gas Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.10 Australian Shale Gas Market Forecast 2012-2022 ($m)
Figure 4.11 Mexican Shale Gas Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.12 Mexican Shale Gas Market Forecast 2012-2022 ($m)
Figure 4.13 Chinese Shale Gas Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.14 Chinese Shale Gas Market Forecast 2012-2022 ($m)
Figure 4.15 Argentinean Shale Gas Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.16 Argentinean Shale Gas Market Forecast 2012-2022 ($m)
Figure 4.17 Indian Shale Gas Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.18 Indian Shale Gas Market Forecast 2012-2022 ($m)
Figure 4.19 Rest of Europe Shale Gas Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.20 Rest of Europe Shale Gas Market Forecast 2012-2022 ($m)
Figure 4.21 Rest of the World Shale Gas Market Share Forecast 2012, 2017 and 2022 (% Share)
Figure 4.22 Rest of the World Shale Gas Market Forecast 2012-2022 ($m)
Figure 5.1 Carbon Dioxide Emissions by Major Fossil Fuels (kg/kWh)
Figure 6.1 Nano-scale Magnification of a Horn River Kerogen Sample

COMPANIES LISTED

3Legs Resources
3M
Americas Petrogas
Anadarko Petroleum Corporation
Antero Resources
Apache Canada
Apache Corporation
Athabasca Oil Sands Corp
Atlas Energy
BC LNG Export Co-operative (BC LNG)
Beach Energy
BG Group
BHP Billiton
BP
Buru Energy
Cabot Oil & Gas Corporation
Carrizo Oil & Gas, Inc.
Central Petroleum
Cheniere Energy
Chesapeake Energy Corporation
Chevron Corporation
China National Offshore Oil Corporation (CNOOC)
China National Petroleum Corporation (CNPC)
China Petroleum and Chemical Corp (Sinopec)
ConocoPhillips Company
CONSOL Energy Inc.
Cuadrilla Resources
Devon Energy Corporation
Drillsearch
Encana Corporation
EnerVest
Eni
EOG Resources Inc.
EOG Resources Canada
EQT Corporation
Exco Resources, Inc.
ExxonMobil Corporation
FEI Company
GAIL India Ltd
Gas y Petroleo
Gastem Inc.
General Electric (GE)
Halliburton
Henan Provincial Coal Seam Gas Development and Utilization Co.
Hess Corporation
IGas Energy
Korea Gas Corporation (Kogas)
Lane Energy
Lippman Consulting, Inc.
LNG Partners
Marathon Oil
Mitsubishi
Mitsui
Murphy Oil Corporation
Naftogaz
National Fuel Gas
Newfield Exploration Company
New Standard Energy
Nexen, Inc.
Noble Energy Inc.
Oil and Natural Gas Corporation Ltd (ONGC)
OMV
OMV Petrom
Origin Energy
PetroChina Company Limited
Petrofrac
Petroleos Mexicanos (Pemex)
PGNiG (Polskie Górnictwo Naftowe i Gazownictwo)
Pioneer Natural Resources
QEP Resources
Questerre Energy
Range Resources Corporation
Reliance Industries Limited
Repsol YPF
Royal Dutch Shell (Shell)
San Leon Energy
Santos
Sasol
Schlumberger
Seneca Resources
Shaanxi Yanchang Petroleum Group
SM Energy Company
Southwestern Energy Company
Statoil
Talisman Energy, Inc.
TNK-BP
Total
TPAO
Transatlantic Petroleum
Trilogy
TÜV Austria
Ultra Petroleum
Valeura Energy
XTO Energy
YPF

GOVERNMENT AGENCIES AND OTHER ORGANISATIONS MENTIONED IN THIS REPORT

Assembly of First Nation Chiefs of Canada
Commonwealth of Independent States (CIS)
Canadian Society for Unconventional Resources (CSUG)
Department of Energy and Climate Change (DECC) (UK)
Energy Information Administration (EIA)
Environment Agency (Austria)
European Union (EU)
Haisla Nation
Ministry of Land and Resources (China)
Ministry of Water Resources (China)
National Energy Board (NEB) (Canada)
New York Mercantile Exchange (NYMEX)
Polish Geological Institute
Society of Petroleum Engineers (SPE)
United States Geological Survey (USGS)
University of Antwerp
World Bank


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