The New Shale Gas Countries

The New Shale Gas Countries
The New Shale Gas Countries
The number of rigs used onshore in Europe and the Asia pacific region increased by 10% during 2013 and the majority were for shale . Drilling for shale gas and oil will increase substantially across the world in coming years. PacWest Consulting Partners predicts that there will be worldwide take-off in hydraulic fracturing capacity. PacWest Consulting Partners estimate that global hydraulic fracturing capacity will grow to 28.3 million Horsepower by the end of 2016, an increase of 41% between 2012 and 2016. Currently, the US, Canada and China have the largest hydraulic fracturing capacity as can be seen from the Table 16.
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The shale gas and oil revolution has transformed North America’s energy mix, revitalizing its energy-intensive industries, reducing imports of oil, and offering the prospect of natural gas exports both to Europe and the lucrative markets of the Far East. Currently, North America and Canada are the only major producers of commercially viable natural gas and oil from shale formations. The US shale revolution has resulted from a mix of technological, regulatory, environmental and market factors - that have ultimately allowed firms to produce shale gas profitably. Knowledge of the geology and composition of shale formations outside North America is sparse, requiring extensive study and widespread well-drilling. Furthermore, it is not clear how much of the identified shale resource is economically recoverable. The desire to emulate North America’s shale experience stems from three “must haves”. This report looks at a “Baker’s dozen” of the most promising shale gas prospective countries, which could be significant in the next decade.


  • 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

Key Findings / Questions Answered

Key Findings
  1. 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.
  2. The world’s country’s currently imports 705.5 billion cubic meters by pipeline and 327.9 billion cubic metres by LNG tanker.
  3. 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.
  4. 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
  1. How is the world outside the United States likely to realise its shale gas ambitions?
  2. What is the current status of the global exploration and production?
  3. What are the key developments in shale gas infrastructure?
  4. Who are the key players in market?
  5. What are the key must haves in countries outside the US repeating the American shale gas revolution?

Date Published / Pages / Format

April 2014 / 84 /PDF