DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Shale Gas Processing Equipment Market - Market Analysis by Geography, Type of Equipment Competitive Landscape, Key Company Information - Growth Trends and Forecasts (2014-2020)" report to their offering.
Global Shale gas processing equipment industry is projected to grow at a CAGR of 13.8 percent from 2014 to 2020.
Shale gas processing equipment will be used for natural gas processing purposes. The equipment may include compressors, pumps, electrical machinery, heat exchangers, internal combustion engines and measuring devices.
The use of horizontal drilling along with hydraulic fracturing have expanded the ability of the producers to economically recover crude oil and natural gas from low-permeability geologic plays-particularly shale plays. Shale gas production did not occur on a large scale until Mitchell Energy and Development Corporation experimented during the 1980s and 1990s to make deep shale gas production a commercial reality in the Barnett Shale in North-Central Texas.
Then the companies aggressively entered the play as the success is apparent, so that by 2005, Barnett shale was alone producing about 0.5 trillion cubic feet of shale gas per year. As producers gained confidence in the ability to produce natural gas profitably in the Barnett Shale, with confirmation provided by results from the Fayetteville Shale in Arkansas, they began pursuing other shale plays, including Haynesville, Marcellus, Woodford, Eagle Ford, and others.
1. Executive Summary
2. Research Methodology
3. Markets Covered
4. Market Overview
5. Drivers, Constraints and Opportunites
6. Shale Gas Processing Industry Value Chain Analysis
7. Global Shale Gas Processing Equipment Market Analysis, by Equipment
8. Global Shale Gas Processing Equipment Market Analysis, by Geography in Volume
9. Key Company Analysis
10. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/s232hs/global_shale_gas