Big Market Research adds a report titled “Shale Oil Market in the US 2014-2018.” The report forecast the global shale gas market to grow at a CAGR of 13.3% during 2014-2018. The report comprehensively provides detailed information on the key market parameters to assist investors in taking profitable decisions. The major reason driving the growth of shale oil market in the U.S is depleting natural resource. However, shale oil production requires huge capital investment, which would hinder the market growth.
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Shale gas is obtained through oil shale and is known as unconventional source of energy. Also, it is called as oil shale oil or kerogen oil. The industrial process to obtain shale gas consist of mining above the ground in an oil shale field and the output is then processed to get the required product. When the oil shale filed is beneath the earth, fracturing or heating process is used.
In terms of end users, the market is segmented on the basis of Transportation, Industrial, Power Generation, and Others. The report includes detailed study on the U.S market such as Texas, North Dakota, and Kansas.
The report offers actionable insights on the key market vendors which would broader the understanding on their key market decisions and their influencing power.
- ExxonMobil Corp.
- Hess Corp.
- Marathon Oil Corp.
- SM Energy Co.
- American Shale Oil
- Chevron Corp.
- ConocoPhillips Co.
- Continental Resources Inc.
- Murphy Oil Corp.
- Noble Energy Inc.
- Shale Technologies LLC
- ViruKeemia Group
- Whiting Petroleum Corp.
- Devon Energy Corp.
- EOG Resources Inc.
Key Questions Answered in this Report
- Market size and growth rate by 2018
- Important market trends
- Market drivers
- Market challenges and restraints
- Detailed information on key market vendors
- Numerous market opportunities and threats