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Global Top 10 Emerging Exploration and Production (E&P) Markets
Global Top 10 Emerging Exploration and Production (E&P) Markets 
The US Shale Gas Plays- Attracting Huge Investments
Hyderabad,
AP,
India
(prbd.net)
26/08/2010
"Global Top 10 Emerging Exploration and Production (E&P) Markets - Market Analysis, Production Forecasts and Competitive Scenario to 2015"
The US shale gas plays have attracted huge investments over the past few years. During 2006–June 2010, the industry attracted over $84 billion of investment through mergers, acquisitions and asset transactions.
The shale gas production in the US will continue to grow, from approximately 8.4 Bcf/d (billion cubic feet per day) in 2009 to 15.4 Bcf/d in 2015 at an AAGR of 10%. The Barnett shale will remain the largest gas producing play, followed by the Haynesville shale.
With almost all the major international oil companies entering into the gas shale plays since 2008, gas shale plays are expected to witness an increased level of activities during the period 2010–2020.
For further details, please click or add the below link to your browser:
http://www.globaldata.com/reportstore/Report.aspx?ID=Global-Top-10-Emerging-Oil-and-Gas-Exploration-and-Production-EP-Markets-Market-Analysis-Production-Forecasts-and-Competitive-Scenario-to-2015&ReportType=Industry_Report&coreindustry=ALL&Title=Oil_~_Gas
The Canadian oil sands have also attracted significant interest from oil and gas companies globally. In the first half of 2010, over $8 billion was spent on M&A activities in the industry. The region, with the second largest oil reserves globally, will continue to attract increased interest from oil majors, especially the Asian NOCs that are looking to expand their footprint globally.
The rapid increase in production from pre-salt discoveries in Brazil will allow the country to emerge as a major oil exporter by 2020. Brazil’s oil production is expected to reach close to 5.2 million barrels per day (bpd) by 2020, making the country one of the top five oil exporters globally. A large part of this production growth is expected to come from the pre-salt basins as the total pre-salt oil production in Brazil is expected to reach 1.6 million bpd in 2020. The huge discoveries in the region such as Tupi and the recent Franco and Libra fields have already proved the potential of the region. The region will emerge as one of the most lucrative investment destinations for the oil and gas industry with lower exploration risk and higher reserve potential.
GlobalData’s new report, “Global Top 10 Emerging Exploration and Production (E&P) Markets - Market Analysis, Production Forecasts and Competitive Scenario to 2015”, provides an in-depth analysis of the top 10 emerging E&P markets, namely the US shale gas plays, the Gulf of Mexico deepwater offshore region, the Canadian oil sands industry, the Venezuelan heavy oil belt, Brazil’s Pre-salt basins, Colombia’s upstream industry, the European shale gas industry, West Africa’s offshore region, Iraq’s upstream sector and the Australian coal seam gas industry. The report details the major basins, discoveries and key developments in the upstream sector in each of these regions. The report also provides key prospects and challenges in these areas and the investment scenarios. It also details the competitive landscape in the regions and details the operations of the major players. The merger and acquisition activities in these regions over the past few years have also been discussed. The report also provides production forecasts for each of these regions to 2015.
For further details, please click or add the below link to your browser:
http://www.globaldata.com/reportstore/Report.aspx?ID=Global-Top-10-Emerging-Oil-and-Gas-Exploration-and-Production-EP-Markets-Market-Analysis-Production-Forecasts-and-Competitive-Scenario-to-2015&ReportType=Industry_Report&coreindustry=ALL&Title=Oil_~_Gas
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