Shale Gas

Shale gas is natural gas formed from being trapped within shale formations. Shale gas has become an increasingly important source of natural gas in the United States over the past decade, and interest has spread to potential gas shale’s in the rest of the world. In 2000 shale gas provided only 1% of U. S. natural gas production; due to rising oil prices gas prices have also been affected by the rise therefore there was big demand for gas in the US which in 2010 it was over 20% and the U.
S. government’s Energy Information Administration predicts that by 2035 46% of the United States’ natural gas supply will come from shale gas. I would like to mention that Chesapeake energy is the leading US company in producing Shale gas with a market cap of 13. 6 Billion US $ (which I think it’s a good choice of adding it to your investment portfolio). Starting as early as 2017 the USA will start to export LNG to other world markets.
Recently a company called Freeport LNG Development LP, which opened a facility on the Gulf Coast to import liquefied natural gas four years ago, signed a 20-year contract with two large Japanese power companies (Osaka Gas Co. ; Chubu Electric Power) to export natural gas from it instead. Freeport LNG is in advanced talks with Royal Dutch Shell PLC for a similar export deal that would allow the energy giant to ship out natural gas to foreign end customers. The emergence of vast new supplies of natural gas from dense shale rocks has upended expectations that the U.

S. would become a major importer of liquefied natural gas, or LNG, from overseas. Now, many industry officials believe the U. S. could emerge as a major exporter, a development that could have a significant impact on the U. S. trade deficit. Drilling Shale Gas wells is not an easy task thanks to introducing new technologies like the Horizontal drilling technology which is used to drill the shale gas wells, with lateral lengths up to (5,000 m) within the shale, to create maximum borehole surface area in contact with the shale.

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Use the discount code "OFFNOW" today and get a 20% offOrder Now