Depleting Conventional Gas Reserves Trends Tapping of Unconventional Gas Reserves
The U.S. has re-emerged as the major producer of unconventional gas thanks to the huge reserves and technological advancement for trapping these resources. In the U.S., spearheaded by a group of small independent producers, the initial exercise for the development of shale gas happened in the 1990s. But, the recent entry of industry majors that are seasoned in advanced technologies has spurred the production of shale gas in the country. Thus, by 2019, the U.S. is expected to contribute a revenue of US$59.75 bn to the global unconventional gas market. Browse the full Global Unconventional Gas Market Report: http://www.mrrse.com/unconventional-gas-market In other parts of North America as well, the abundance of unconventional gas has manifested a paradigm shift to reshape the gas sector both in the region as well as globally. With unconventional gas resources comparable to the volumes of conventional gas resources, the former is slated to be a valuabl...