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2017 Shale Gas & Tight Oil Market: Products & Services 2017

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Demand for products and services used in the development of shale gas and tight oil reservoirs is forecast to surpass $90 billion in 2017. – PowerPoint PPT presentation

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Title: 2017 Shale Gas & Tight Oil Market: Products & Services 2017


1
Shale Gas Tight Oil Products Services to
2017byFreedonia Group
  • Explore all reports for
  • Oil Gas
  • Market
  • _at_
  • http//www.rnrmarketresearch.com/reports/energy-po
    wer/energy/petroleum-energy/oil-gas-petroleum-ener
    gy-energy-energy-power .

2
Shale Gas Tight Oil Products Services to 2017
  • The collection of Oil Gas market research
    reports has a new addition of Shale Gas Tight
    Oil Products Services to 2017 on
    RnRMarketResearch.com.
  • US demand to surpass 90 billion in 2017
  • Demand for products and services used in the
    development of shale gas and tight oil reservoirs
    is forecast to surpass 90 billion in 2017. The
    rapid growth in production from these
    unconventional resources continues to have a
    ripple effect throughout the US economy. After
    years of declines, US crude oil production is
    rising again and abundant low cost natural gas
    resources are rejuvenating the US manufacturing
    sector. This will provide opportunities for
    oilfield service companies across the board and
    will continue to require large amounts of
    chemicals, proppants, and essential equipment
    such as drill bits, tubular goods, and well
    logging equipment.
  • Complete report is available_at_ http//www.rnrmarket
    research.com/shale-gas-tight-oil-products-services
    -to-2017-market-report.html .

3
Shale Gas Tight Oil Products Services to 2017
  • Liquid plays to remain strong gas plays to
    revive
  • Large scale shale gas development began in the
    Barnett in the early 2000s and quickly spread to
    other natural gas plays. However, in recent
    years, low gas prices have limited growth in the
    gas sector (except for newly developing plays
    such as the Marcellus) and narrow profit margins
    for shale gas operators and a jump in oil prices
    have turned attention to more liquid rich plays
    such as the Bakken, Eagle Ford, and Permian Basin
    formations. Going forward, activity in liquid
    plays will remain strong and a forecast recovery
    in natural gas prices will begin to drive renewed
    interest in dry gas plays such as Haynesville.
  • Demand for products will be driven not only by
    overall levels of industry activity but also by
    increasing well depths and continued efforts to
    maximize well output and heighten drilling and
    completion efficiency. The continued usage of
    high volume hydraulic fracturing will require
    significant amounts of fracturing fluids and
    proppants as well as pressure pumping services.
    As plays enter the development stage, operators
    will work to optimize their process designs,
    which will lead to continuing changes in the
    types of proppants and fluids used.
  • Request Sample Copy of this Report _at_
    http//www.rnrmarketresearch.com/contacts/request-
    sample?rname153944 .

4
Shale Gas Tight Oil Products Services to 2017
  • For example, in recent years gelled fluids lost
    ground to slickwater formulations but now
    operators are moving away from slickwater in some
    areas to hybrid fluids or other products that
    improve well output while minimizing
    environmental impact. Furthermore, many operators
    have begun using proprietary water based drilling
    muds that mimic the performance of oil and
    synthetic based muds, but at less risk to the
    environment.
  • A significant amount of this new unconventional
    resource development is occurring in areas that
    were not traditional hotbeds of oil and gas
    activity. In some cases this resulted in a
    backlog of wells that needed completion due to a
    lack of available infrastructure or shortages in
    completion crews. However, it has also increased
    regional demand for a number of products used in
    well drilling and completion and prompted the
    opening of new regional manufacturing facilities
    to make these products.
  • Complete report is available_at_ http//www.rnrmarket
    research.com/shale-gas-tight-oil-products-services
    -to-2017-market-report.html .

5
Shale Gas Tight Oil Products Services to 2017
  • Well output to fall, boosting product service
    demand
  • As some of these shale gas and tight oil plays
    begin to reach maturity over the next decade,
    average per well output will fall as the number
    of new wells is unable to offset the production
    declines in legacy wells. This should spur
    healthy demand for production and workover
    services but also will prompt continued drilling
    of new wells to support output. Additional
    opportunities will present themselves should
    production from plays with considerable potential
    like the Monterey and Wolfcamp become
    commercially viable over the next 10 years.
  • Company Profiles
  • Company Profiles for 41 competitors in the US
    industry such as Chesapeake Energy, Devon Energy,
    Enervest, Quicksilver Resources and XTO Energy
  • TABLE OF CONTENTS
  • INTRODUCTION  xii
  • I. EXECUTIVE SUMMARY  1
  • II. MARKET ENVIRONMENT  4Macroeconomic
    Environment  4
  • Request Sample Copy of this Report _at_
    http//www.rnrmarketresearch.com/contacts/request-
    sample?rname153944 .

6
Shale Gas Tight Oil Products Services to 2017
  • Demographic Overview  7US Petroleum Natural
    Gas Overview  11Petroleum Market  14
  • Exploration Reserves  17Production 
    20Drilling  21Pricing  24Natural Gas Market 
    25Exploration Reserves  27Production 
    29Drilling  32Pricing  34Environmental
    Regulatory Considerations  35International
    Activity  38
  • Complete report is available_at_ http//www.rnrmarket
    research.com/shale-gas-tight-oil-products-services
    -to-2017-market-report.html .

7
Shale Gas Tight Oil Products Services to 2017
  • III. OVERVIEW  41General  41Technology
    Overview  43Exploration  44Drilling 
    45Completion  47Hydraulic Fracturing 
    48Multistage Fracturing  51Refracturing 
    52Other Fracturing Techniques  52Cost
    Comparison  53Drilling Completion Activity 
    54Tight Oil  56Shale Gas  58Production
    Outlook  60Tight Oil  61Shale Gas  63Shale
    Products Services Demand  64
  • Request Sample Copy of this Report _at_
    http//www.rnrmarketresearch.com/contacts/request-
    sample?rname153944 .
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