Shale Gas Exploration and Production

Shale Gas Exploration and Production Photo

Shale gas refers to a gas that's cornered among sedimentary rock formations. Shales square measure fine-grained matter rocks that may be made sources of fossil fuel and gas. sedimentary rock gas was 1st extracted as a resource in Fredonia, New York, in 1821, in shallow, unaggressive fractures. Horizontal drilling began within the Thirties, and in 1947 a well was 1st fracked within the U.S, sedimentary rock Gas Market is anticipated to succeed in $184 billion by 2021 and is projected to grow at a CAGR of fourteen.4% between 2015 and 2022

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