Unconventional Gas as the Dominant Source by 2020

Ziff Energy Group has a press release called “Shale Gas Outlook to 2020” on their website predicting that unconventional gas plays now active across North America will account for 53% of the continent’s gas production by 2020.

The production of economical natural gas from shales during the next ten years is being attributed to advances in technology such as horizontal drilling and multi-stage hydraulic fracturing stimulation (called ‘frac’). The press release references a slowdown in drilling “except for the prolific Haynesville Shale”.

- C. Keddy

Short URL: http://naturalgasforamerica.com/?p=239

Posted by admin on May 1st, 2009. Filed under Natural Gas, Shale Gas, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry