The Unconventional Frontier: Prospects for Global Unconventional Gas
The Unconventional Frontier: Prospects for Global Unconventional Gas combines IHS proprietary data sets and analysis with the IHS CERA market experience and wide knowledge of above- and belowground drivers to deliver an in-depth and fact-based unconventional natural gas supply outlook for key markets.
This comprehensive project comprises a suite of interactive Multiclient Studies to provide a detailed geological, petroleum engineering, and economic analysis for each of these markets.
Major gas markets: Emerging gas markets: Potential export markets:
- Europe (completed November 2010)
- Eastern Europe (completed April 2012)
- China (completed February 2012)
- India (completed November 2012)
- South America (completed August 2012)
- Indonesia (completed May 2012)
- Australia (in process)
Why Now?The extraction of unconventional hydrocarbons is the most disruptive and innovative energy technology to emerge in recent years. The coupling of horizontal drilling and hydraulic fraccing technologies has transformed the landscape of the energy industry. In the past decade, this revolution has opened new opportunities for energy companies in North America-and it is now going global.
Until January 2007 it seemed that the North American natural gas market was headed toward increasing dependence on liquefied natural gas (LNG) exports. Yet by November 2010 production in the US Lower 48 had risen by 9.9 Bcf per day (102.3 Bcm per year). Today unconventional supply is the main pricing driver in North America and accounts for 160 Bcm in production. One of the most remarkable aspects of the unconventional gas revolution in North America is the speed with which technological innovations have spread, evolved, and continue to improve.
Analysts believe that the industry has the expertise, technical knowledge, and capacity to take this revolution global. Today's unconventional E&P technologies deliver lower costs and a smaller environmental footprint than ever before. Most importantly, E&P activity in North America has demonstrated the potential of this emerging industry to adapt to different regulatory regimes and geologies. Unconventional gas E&P is now a mature knowledge area and technology for export. This could be a game changer for key regions-and even on a global scale.
Key market players must understand the global potential of unconventional gas, make strategic choices, and create investment plans. These decisions must be made over the next one to two years and will reshape the supply picture over the next decade.
The Unconventional Frontier will help members answer these two key questions:
- Which regions will see the impact of increasing unconventional supply?
- When can we expect production to start, and what rate of increase can we expect?
For more information,
+1 800 447-2273
Europe, Middle East & Africa
+44 (0) 1344 328 300
+44 (0) 1344 328 300