ResearchMoz.us include new market research report"Unconventional Gas Market - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2012 - 2018 " to its huge collection of research reports.
Gas reservoirs are mainly classified into conventional or unconventional. An unconventional gas reservoir is one which is situated in rocks with low permeability, thereby making the gas inaccessible unlike in conventional gas deposits. The cost of finding, developing, and managing these resources is much higher than conventional resources. The main technologies used for drilling the UCG (unconventional gas) are hydraulic fracturing or “fracking” and horizontal drilling.
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One of the major commercially viable unconventional gases is tight gas, which is found in sand areas or low porosity silt where a tight fitting environment is created for the gas and is produced using a combination of hydraulic fracturing and directional drilling. Shale gas is found between the layers of shale, and the same technique of combination of hydraulic fracturing and directional drilling is used for its production. Coal bed methane (CBM) is extracted from coal seams of extremely low permeability. Hydraulic fracturing is not used in extracting CBM because it is often found near drinking water reservoirs.
Some of the major barriers restraining the growth of this market are availability of resources, accessibility to reservoirs supplemented with availability of low cost services and suppliers. Also, access to high value markets like Europe serves as a major barrier. Increasing environmental considerations and the growing need for energy security among nations have become major drivers for the global gas market as a whole. For the unconventional gas market, advancement of technology, including the latest drilling methods like hydraulic fracturing, has served as a major driver.
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