Shale Oil Market in the US 2014-2018

2014-07-07
Price :
Published : Jul-2014
No. of Pages : 65

Report Description

Shale oil is an unconventional type of oil produced from oil shale formations. It is also known as kerogen oil or oil shale oil . The extraction of shale oil is an industrial process that is generally undertaken above ground by mining in oil shale field and then the output is treated in a facility to obtain the desired product. Heating or fracturing is also used to extract shale oil when the source shale field is beneath the earth’s crust.

TechNavio’s analysts forecast the Shale Oil market in the US will grow at a CAGR of 13.3 percent over the period 2013-2018.

Covered in this Report

The Shale Oil market in the US can be divided into four segments based on end-user into the Transportation sector, Industrial sector, Power Generation sector, and Others.

TechNavio’s report, the Shale Oil Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the key states for shale oil production in the US, namely, Texas, North Dakota, and Kansas; it also covers the Shale Oil market in the US landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key States

  • Texas
  • North Dakota
  • Kansas

Key Vendors

  • Devon Energy Corp.
  • EOG Resources Inc.
  • ExxonMobil Corp.
  • Hess Corp.
  • Marathon Oil Corp.
  • SM Energy Co.

Other Prominent Vendors

  • American Shale Oil
  • Chevron Corp.
  • ConocoPhillips Co.
  • Continental Resources Inc.
  • Murphy Oil Corp.
  • Noble Energy Inc.
  • Shale Technologies LLC
  • Viru Keemia Group
  • Whiting Petroleum Corp.

Key Market Driver

  • Depletion of Conventional Oil Reserves
  • For a full, detailed list, view our report.

Key Market Challenge

  • Capital-intensive Nature of Shale Oil Projects
  • For a full, detailed list, view our report.

Key Market Trend

  • Rapid Technological Advancements
  • For a full, detailed list, view our report.

Key Questions Answered in this Report

  • What will the market size be in 2018 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Table of Contents

01. Executive Summary

02. List of Abbreviations

03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings

04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology

05. Introduction

06. Market Landscape
06.1 Market Overview
06.1.1 Market Size and Forecast by High Production scenario
06.1.2 Market Size and Forecast by Moderate production scenario
06.1.3 Market Size and Forecast by Low Production scenario
06.2 Five Forces Analysis

07. Market Segmentation by End-users
07.1 Shale Oil Market in the US by End-users Segmentation 2013
07.2 Shale Oil Market in the US by End-user Segmentation 2018
07.3 Shale Oil Market in the US in the Transportation Sector
07.3.1 Market Size and Forecast
07.4 Shale Oil Market in the US by Industrial Sector
07.4.1 Market Size and Forecast
07.5 Shale Oil Market in the US by Power Generation Sector
07.5.1 Market Size and Forecast

08. Geographical Segmentation
08.1 Shale Oil Market in the US by Geographical Segmentation 2013
08.2 Shale Oil Market in the US by Geographical Segmentation 2018
08.3 Shale Oil Market in Texas
08.3.1 Market Size and Forecast
08.4 Shale Oil Market in North Dakota
08.4.1 Market Size and Forecast
08.5 Shale Oil Market in Kansas
08.5.1 Market Size and Forecast

09. Key Leading States
09.1 Texas
09.2 North Dakota
09.3 Kansas

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Trends and their Impact

17. Vendor Landscape
17.1 Competitive Scenario
17.1.1 Key News
17.1.2 Mergers and Acquisitions
17.2 Other Prominent Vendors

18. Key Vendor Analysis
18.1 Devon Energy Corp.
18.1.1 Business Overview
18.1.2 Key Information
18.1.3 SWOT Analysis
18.2 EOG Resources Inc.
18.2.1 Business Overview
18.2.2 Business Segmentation
18.2.3 Key Information
18.2.4 SWOT Analysis
18.3 Hess Corp.
18.3.1 Business Overview
18.3.2 Business Segmentation
18.3.3 Key Information
18.3.4 SWOT Analysis
18.4 ExxonMobil Corp.
18.4.1 Business Overview
18.4.2 Business Segmentation
18.4.3 Key Information
18.4.4 SWOT Analysis
18.5 Marathon Oil Corp.
18.5.1 Business Overview
18.5.2 Business Segmentation
18.5.3 Revenue by Geographical Segmentation
18.5.4 Key Information
18.5.5 SWOT Analysis
18.6 Royal Dutch Shell plc
18.6.1 Business Overview
18.6.2 Business Segmentation
18.6.3 Revenue by Business Segment
18.6.4 Revenue by Geographical Segmentation
18.6.5 Key Information
18.6.6 SWOT Analysis
18.7 SM Energy Co.
18.7.1 Business Overview
18.7.2 Key Information
18.7.3 SWOT Analysis

19. Other Reports in this Series

List of Exhibits

Exhibit 1: Market Research Methodology
Exhibit 2: Shale oil Recovery Process Diagram
Exhibit 3: Shale Oil Market in the US by High Production 2013-2018 (million tonnes)
Exhibit 4: Shale Oil Market in the US by Production 2013-2018 (million tonnes)
Exhibit 5: Shale Oil Market in the US by Production 2013-2018 (million tonnes)
Exhibit 6: Shale Oil Market in the US by End-user Segmentation 2013
Exhibit 7: Shale Oil Market in the US by End-user Segmentation 2018
Exhibit 8: Shale Oil Market in the US 2013-2018 (million tonnes)
Exhibit 9: Shale Oil Market in the US 2013-2018
Exhibit 10: Shale Oil Market in the US in the Transportation Sector 2013-2018 (million tonnes)
Exhibit 11: Shale Oil Market in the US in the Industrial Sector 2013-2018 (million tonnes)
Exhibit 12: Shale Oil Market in the US in the Power Generation Sector 2013-2018 (million tonnes)
Exhibit 13: Shale Oil Market in the US by Geographical Segmentation 2013
Exhibit 14: Shale Oil Market in the US by Geographical Segmentation 2018
Exhibit 15: Shale Oil Market in the US 2013-2018 (million tonnes)
Exhibit 16: Shale Oil Market in the US 2013-2018
Exhibit 17: Shale Oil Market in Texas 2013-2018 (million tonnes)
Exhibit 18: Shale Oil Market in North Dakota 2013-2018 (million tonnes)
Exhibit 19: Shale Oil Market in Kansas 2013-2018 (million tonnes)
Exhibit 20: WTI Price Trend 2008-2012 (US$/bbl)
Exhibit 21: Business Segmentation of EOG Resources Inc.
Exhibit 22: Business Segmentation of Hess Corp.
Exhibit 23: Business Segmentation of ExxonMobil Corp.
Exhibit 24: Business Segmentation of Marathon Oil Corp.
Exhibit 25: Revenue by Geographical Segmentation 2013
Exhibit 26: Business Segmentation of Royal Dutch Shell plc
Exhibit 27: Revenue of Royal Dutch Shell plc by Business Segment
Exhibit 28: Revenue of Royal Dutch Shell plc by Geographical Segmentation

Press Release

TechNavio Announces the Publication of its Research Report - Shale Oil Market in the US 2014-2018

TechNavio recognizes the following companies as the key players in the Shale Oil Market in the US: Devon Energy Corp., EOG Resources Inc., ExxonMobil Corp., Hess Corp., Marathon Oil Corp., SM Energy Co., American Shale Oil, Chevron Corp., ConocoPhillips Co., ContinentalResources Inc., Murphy Oil Corp., Noble Energy Inc., Shale Technologies LLC, Viru Keemia Group , Whiting Petroleum Corp.

Commenting on the report, an analyst from TechNavio’s team said: “Tremendous advances in technology have led to an increase in the extraction of shale oil from oil reserves in the US. These advances include unlocking the potential of unconventional oil, managing produced water, development and determination of oil, well log interpretation, and development of well simulation models. Vendors are increasing their R&D investment to reduce the time and cost of horizontal drilling. Advanced technology has increased the yield of shale oil, and reduced risks involved significantly ”

According to the report, the growth of the Shale Oil market in the US is driven by several factors. One of the main drivers is the depletion of conventional oil reserves in the country. Because of the depletion of oil reserves, focus has shifted to unconventional oil resources, such as shale oil, to reduce dependency on conventional oil resources.

Further, the report states that one of the major challenges is the capital-intensive nature of shale oil projects. Shale oil extraction requires technical expertise and use of advanced technologies. This increases the overall cost of these projects. Increasing environmental concerns also pose a challenge to market growth.

The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Filed in: Energy & Power, Oil & Gas
Publisher : Infiniti Research Limited
More Reports
Title Price Buy Now

Drill Pipe Market in the Middle East 2015-2019

Drill pipes are an essential part of the drill string, forming its longest component. Drill pipes are hollow thick-walled steel pipes with threaded connections at both ends. The end with an external thread is known as the male end, whereas the end with an internal thread is called the female end. The basic purpose of a drill pipe is to provide a connection between the surface equipment and BHA for drilling purposes. Drill pipes are generally machined out of solid steel alloy bars as per API specifications. However, aluminum and titanium alloys are also used as raw material for drill pipes. The bars of alloys are bored from one end to the other to provide a passage for drilling fluids. Drill pipes are segmented into various grades depending on their material properties such as tensile stren......
$3000

Global Incinerator Market 2015-2019

Incineration refers to the combustion of organic and harmful waste products. Apart from being effective waste management tools, incinerators also generate heat and electricity. Incinerators reduce the mass of disposable waste by 70% and volume by 90%. Incinerators used in the municipal and industrial sectors include moving grates, rotary kilns, static hearths, static furnaces, multiple hearths, and fluidized beds. The analysts forecast global incinerator market to grow at a CAGR of 5.85% over the period 2014-2019. Covered in this Report The global incinerator market is segmented based on product types into moving grates, static hearths, furnaces, multiple hearths, rotary kilns, and fluidized beds. The report, Global Incinerator Market 2015-2019, has been prepared based on an in......
$2500

Global Small Li-ion Battery Market 2015-2019

A small Li-ion battery is a rechargeable battery that is commonly used for portable applications such as mobile phones, laptops, tablets, e-cigarettes, power tools, e-bikes, and digital cameras. The advantages of small Li-ion batteries, such as their compact size, light weight, high power, and high capacity have made them increasingly popular across industries such as consumer electronics, automotive, construction, and telecom. The analysts forecast global small Li-ion battery market to grow at a CAGR of 6.6% over the period 2014-2019. Covered in this Report The report covers the present scenario and the growth prospects of the global small Li-ion battery market over the period 2015-2019. The global small Li-ion battery market has been segmented based on application into: mobil......
$3500

Global Li-ion Battery Market 2015-2019

About Li-ion Batteries Li-ion batteries are extensively used in consumer electronics such as cell phones, smartphones, laptops, and tablets because of their reliability in terms of performance compared to other battery types. High energy density and a low self-discharge rate and maintenance have made Li-ion batteries more popular than other rechargeable batteries. The application base of these batteries is widening and expected to encompass EVs, medical devices, power tools, and ESS. Growing demand for EVs and ESS worldwide bodes well for the overall growth prospects of the market. The market will continue to expand, driven by the growing use of smartphones, laptops, and tablets globally. The analysts forecast the global Li-ion battery market to grow at a CAGR of 11.9% during 2014-2019......
$4500

Global Market for Dynamic Volt/VAR Control Architecture 2015-2019

The variability in voltage parameters is rising with increase in load because of rising energy demand and renewable energy resources integration into the grid. This variability can be dangerous for voltage sensitive equipment such as PCs. Thus, the voltage is required to be regulated under specified limits. Therefore, dynamic Volt/VAR control architecture improves the grid efficiency and helps the power grid to become more flexible. The reactive power flow is controlled in distribution systems to reduce power loss. The voltage control and reactive power control should be well integrated for the grid system to work efficiently. Utilities employ a number of technologies such as capacitor banks, voltage regulators, and power transformers with on-load tap changers to monitor and adjust the ......
$2500

Clean Technology Market in Developing Countries 2015-2019

Clean technology refers to products, procedures, processes, and services that minimize the use of non-renewable resources; optimally utilize resources; reduce costs, waste, and pollution; and lead to sustainable development. Clean technologies include utilization of renewable energy sources, such as wind, solar, hydro, and geothermal, as well as low-carbon fuels; water management and recycling technologies; waste management techniques; and environmentally friendly buildings and transportation. The concept of clean technology is attracting the attention of governments, private investors, and businesses in both developed and developing countries worldwide. The analysts forecast clean technology market in developing countries to grow at a CAGR of 11.58% over the period 2014-2019. Covere......
$3000

Global Shunt Reactor Market 2015-2019

A shunt reactor is used to protect a transmission line from high voltage levels. The reactance of a transmission line consumes reactive power along the line when it is loaded. Reactance is the characteristic of electrical or electronic equipment to oppose changes in electric current or voltage because of inductance or capacitance. The analysts forecast global shunt reactor market to grow at a CAGR of 8.11% over the period 2014-2019. Covered in this Report This report covers the present scenario and the growth prospects of the global shunt reactor market for the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of shunt reactors. The report, Global Shunt Reactor Market 2015-2019, has been prepared based on ......
$2500

Li-Ion Battery Market for Digital Cameras in Japan and APAC 2015-2019

Nowadays, most digital cameras run on Li-ion batteries. This is due to their compatibility and ability to last long. The power in these batteries is generated when ions move from a negatively charged anode to a positively charged cathode. During discharge, ions move from the anode to the cathode, releasing energy; while during charging, ions return to the anode. The charge holding capacity of a Li-ion battery deteriorates over time because of ions being trapped in the anode, which necessitates replacement of the battery. The analysts forecast Li-ion battery market for digital cameras in Japan and APAC to decline at a CAGR of (2.68%) over the period 2014-2019. Covered in this Report The report covers the present scenario and the growth prospects of the Li-ion battery market for dig......
$2500

Oilfield Equipment Rental Market in the Middle East 2015-2019

The extraction of oil and gas requires a wide range of oilfield equipment. These equipment are usually rented by oil and gas operators to lower their capital expenditure. Increase in oil and gas exploration, especially development of unconventional reserves, is expected to result in the growth of the oilfield equipment rental market. Oilfield rental equipment can be classified into drilling equipment, well completion equipment, and well intervention equipment based on the stage at which they are used during exploration and production. The analysts forecast oilfield equipment rental market in the Middle East to grow at a CAGR of 12.43% in terms of revenue over the period 2014-2019. Covered in this Report The report, Oilfield Equipment Rental Market in Middle East 2015-2019, has bee......
$2500

Global Li-ion Battery Market for Digital Cameras 2015-2019

A li-ion battery is a rechargeable battery with the highest electrochemical potential. A positive terminal, negative terminal, and an electrolyte between the terminals constitute the main parts of the battery. Li-ion moves from the anode (made up of lithium cobalt oxide) to the cathode (made up of carbon or graphite) during charging and vice versa during discharging. Some benefits of using li-ion batteries include higher current density, low self-discharge rates, and minimal maintenance costs. Li-ion batteries are widely used in consumer electronics. A li-ion battery is used as a power source in a digital camera. Most of the digital camera models run on li-ion battery because of its high compatibility and long power supply ability. The analysts forecast global li-ion battery market for ......
$2500