Shale Oil Market in the US 2014-2018

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

Global Smart Energy Meter Market 2015-2019

Smart energy meters are the next-generation meters that provide more precise and exact amount of electricity consumption. They are generally installed at households or in enterprise infrastructure to maintain detailed statistics about energy consumption. A smart energy meter works as an electrical meter that measures and provides feedback of the power consumed to the electricity supplier. It is also useful for customers as they too can monitor the amount of power used. This two-way communication capability is the most important feature which enables the parties involved (consumers and electricity suppliers) to keep track of real-time energy consumption. There are several other benefits of using smart energy meters. These meters send details of the energy used to the electricity suppliers, ......
$2500

Instrument Transformers Market in Americas 2014-2018

Instrument transformers are used to obtain measurements of voltage or current or both in different high voltage, high current systems such as in transmission or distribution lines or in industries. The instrument transformers convert the current or voltage at high levels to very low levels before sending it to the measuring instruments, effectively isolating the measurement devices from the high voltage or current in the line. They are extensively used for measurement, monitoring, isolation and control operations in power grids. TechNavio's analysts forecast the Instrument Transformers Market in Americas will grow at a CAGR of 6.45 percent over the period 2013-2018. Covered in this Report The Instrument transformers Motors market has been classified into two segments: Dry Type......
$2500

Gensets Market in India 2015-2019

Generators are the machines that convert mechanical energy into electrical energy by using diesel or gas as a fuel. A genset comprises of an engine, alternator, fuel system, voltage regulator, cooling and exhaust system, lubrication system, battery charger, control panel, and a main assembly/frame. The need for continuous and uninterrupted power supply has triggered an increase in the use of gensets across the Residential, Commercial, Industrial, and Infrastructure sectors. Gensets are used as standby, prime power, and peak shaving applications across the sectors. TechNavio's analysts forecast the Gensets market in India to grow at a CAGR of 14.04 percent over the period 2014-2019. Covered in this Report The Gensets market in India can be segmented into four product segments: Unde......
$2500

Smart Grid Market in India 2014-2018

A smart grid is an integration and implementation of communication, automation, and IT systems with traditional electrical grids. Smart grids efficiently monitor and control power flows and manage the load to match the real-time or near real-time generation. Smart grids increase predictability, visibility, and control of generation, making the entire system highly flexible. This helps integrate intermittent energy from renewable generation and enables enhanced peak load management. Consequently, peak power costs are reduced considerably. Electrical grid transformation to smarter grids depends on various building blocks, applications, and layers of the automation, communication, and IT systems. TechNavio's analysts forecast the Smart Grid in India market to grow at a CAGR of 16.4 percent......
$2500

Global Nuclear Decommissioning Market 2014-2018

Nuclear decommissioning is the process of dismantling a nuclear facility permanently. The nuclear decommissioning process commences once the owner decides to permanently close down the nuclear facility. It involves the removal of used nuclear fuel from the reactor, cleaning, dismantling, and disposing of all the radioactive components. The decommissioning process is completed when all radioactive wastes and components have been completely dismantled or decayed to a level such that the site can be safely reused for other purposes. Depending on different decommissioning strategies, this process can take decades. Globally, many nuclear reactors have been safely decommissioned. Nuclear decommissioning can be carried out in three ways: immediate dismantling, deferred dismantling, and entombment......
$2500

Global SOFC Market 2015-2019

An SOFC is a device that generates electricity through an electrochemical process that involves oxidation of the electrolyte when placed between the two electrodes - anode and cathode. Fuel cells are generally categorized based on the type of electrolyte material used in them; an SOFC uses a solid oxide or ceramic electrolyte. Some of the advantages of an SOFC include its low cost, low emissions, long-term stability, high efficiency, and fuel flexibility. Its high fuel flexibility permits the use of cheap, safe, and readily available fuels such as hydrocarbons, natural gas, hydrogen, methanol, and syngas. An SOFC, however, requires a high operating temperature, usually within the range of 932 degrees to 1,832 degrees Fahrenheit, for the activation of the ceramics. This high operating tempe......
$2500

Nuclear Decommissioning Market in Europe 2014-2018

Nuclear decommissioning is the process of dismantling a nuclear power plant, by permanently shutting down the operation of a nuclear reactor after it completes its operational license. Nuclear decommissioning is an administrative and technical process as it involves radioactive waste disposal to a safe location and makes the progressive demolition of the reactor, where no danger of radioactive persist. The process of decommissioning takes around more than 40 years after the permanent termination of nuclear power plant. TechNavio's analysts forecast the Nuclear Decommissioning market in Europe to grow at a CAGR of 43.1 percent over the period 2013-2018. Covered in this Report The report covers the present scenario and the growth prospects of the Nuclear Decommissioning Market in Eu......
$2500

Photovoltaic Industry in China 2015-2019

The Photovoltaic industry in China is bolstered by extensive manufacturing capabilities backed by government support through favorable policies. As such, companies are increasing their investment in the Photovoltaic industry in China to take full advantage of conducive policies and business environment. The exports and domestic demand for solar photovoltaic systems have also increased in China with the increasing numbers of new installations. The Photovoltaic market in China is shifting from the Government-aided to the Supply-driven industry. TechNavio's analysts forecast the Photovoltaic Industry in China to grow at a CAGR of 30.9 percent over the period 2014-2019. Covered in this Report The Photovoltaic Industry in China can be segmented into two divisions: Photovoltaic Power St......
$2500

Global Autogas Market 2014-2018

Autogas is commonly known as LPG and is used as an alternative fuel in vehicles such as LMVs and city buses as well as stationary applications such as generators. It is produced as a by-product of petroleum gas processing in Petroleum Refining industries. It is usually present in gaseous form at atmospheric temperature and pressure and liquefies in colder temperatures or under refrigeration (pure butane liquefies at 68 degrees Fahrenheit and pure propane at 131 degrees Fahrenheit). This makes it possible to transport or store as a liquid. Autogas is used as green fuel as it reduces carbon emissions in vehicles. TechNavio's analysts forecast the Global Autogas market to grow at a CAGR of 4.8 percent over the period 2013-2018. Covered in this Report TechNavio's report, the Global Au......
$2500

Global Grid-scale Energy Storage System Market 2015-2019

Grid-scale energy storage system generally refers to the technologies that are being used for the purpose of energy storage, and this energy can be utilized in the future during power shortages, blackouts, or during high demand for power supply. This system mainly includes pumped hydro storage systems, advanced batteries, flywheel, and other evolving technologies such as compressed air energy storage (CAES). Grid energy storage is a technique used in the large-scale storage of electricity in a power grid. Such electricity storage is required when the amount of electricity generated is greater than the electricity demand. The surplus electricity saved in energy storage systems is supplied to customers when the demand is higher than the generation. Grid storage is a mechanism of storing elec......
$2500