Global Shale Oil Market to be Worth $40.85Bn in 2013

Wednesday 14 August 2013, Amsterdam

Analysis indicates that the global shale oil market will reach a value of $40.85bn in 2013. Investment in shale oil will increase over the next decade as countries around the world seek to emulate the rapid development the industry has taken in the United States. The report analyses and forecasts the development of major global shale oil markets that will see significant growth over the next decade.

The lead analyst of The Shale (Tight) Oil Market 2013-2023 report commented that ‘The shale revolution in the United States has had a profound effect on the dynamics of the global energy industry. The commercial development of domestic shale oil reserves will allow the United States to drastically reduce its dependence on oil imports, thereby causing a shift in the global crude oil market. While the shale oil market in the US is years ahead of the rest, several countries around the world are eager to reap the benefits of their domestic shale oil reserves. Over the next decade the shale oil market will see strong growth as countries around the globe intensify their investment in domestic shale oil production with the aim of compensating for falling conventional production or lessening the burden on expensive oil imports.’

The Shale (Tight) Oil Market 2013-2023 report analyses this rapidly developing part of the energy market and provides insights into the drivers and restraints that will shape progress in the most promising countries over the next decade. The report contains 74 charts and graphs that add visual analysis in order to explain developments within both the global market and 6 major national shale oil markets. In addition, the report provides insight into the latest trends in the market, as well as a PEST analysis to show critical issues influencing shale oil. The report also quantifies the CapEx and provides market share data for the 10 leading shale oil companies.

The Shale (Tight) Oil Market 2013-2023 report will be of value to current and future potential investors in shale oil developments and the oil, energy, and natural resource markets, as well as companies who wish to broaden their knowledge on the shale oil sector as a whole.