Shale gas

Shale Gas

Overview

Shale gas is a type of natural gas that is extracted from shale rock formations deep within the earth. It has become an increasingly popular source of energy due to its abundance and relatively low cost compared to other forms of natural gas.

Industry Growth

The Conventional Shale Gas Exploration and Production Industry is expected to reach its highest CAGR by 2030, according to industry reports. This growth is being driven by major factors such as rising demand for energy, increasing investments in shale gas exploration and production, and advancements in technology.

Top companies in the industry are investing heavily in research and development to improve the efficiency and sustainability of shale gas production. As a result, the industry is expected to continue growing in the coming years.

Overall, shale gas is a promising source of energy that has the potential to meet the world's growing demand for energy while also reducing greenhouse gas emissions.