Europe Shale Gas Market Prospects- Ten European Countries Open Up Their Shale Markets for Investments in Exploration

NEW YORK, June 18, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Europe Shale Gas Market Prospects- Ten European Countries Open Up Their Shale Markets for Investments in Exploration
http://www.reportlinker.com/p01360931/Europe-Shale-Gas-Market-Prospects--Ten-European-Countries-Open-Up-Their-Shale-Markets-for-Investments-in-Exploration.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Oil_and_Gas_energy

The new Europe shale gas report from OGANALYSIS noted that most oil and gas companies, investors and equipment & service providers are aiming to tap the boom in Europe shale gas. The report analyzes the current status, potential and feasibility of shale development, ongoing activities, government stance and companies operating in each of the 13 shale markets. The report also provides complete analysis on reserve potential, key basins and shale plays information with details of physical characteristics, reservoir properties and resource characteristics. Feasibility of shale development coupled with details of concessions awarded, drilling success rates and operations, strategies of over 34 companies is provided. Basin wise operations are provided for all companies operating in each shale market including Royal Dutch Shell Plc, BNK Petroleum, Chevron Corporation, Exxon Mobil, ENI SpA, Total SA, 3Legs Resources, Cuadrilla Resources, Realm Energy and San Leon Energy among others are actively perusing shale gas exploitation opportunities in Europe.

Driven by the success of the US shale and amidst energy security plans, ten key markets have opened up their shale plays for investment. While Poland has already awarded 111 concessions, the UK has uplifted the ban on hydraulic fracturing. Germany, Denmark, Sweden, Spain and Ukraine have awarded concessions and Turkey expects its first shale gas production in 2013. On the other hand, Netherlands is still conducting studies on environmental impact, Lithuania is yet to announce the bid winner and Belgium is also yet to announce its stance on shale gas. Further, France and Norway are unlikely to explore their shale reserves in the near to medium term future.
The report identifies the top ten trends in Europe shale market and compares the shale plays with the US shale play characteristics. Key drivers and challenges faced by countries along with feasibility of first commercial production are also discussed in detail. Further, the Europe shale gas report from OGANALYSIS discusses physical characteristics of major basins in each country along with their reservoir properties and resource characteristics. Further, shale formations and key plays in each basin are discussed in detail. Basin wise company information along with the current status of activities in permits awarded is analyzed. In addition, company wise shale activities are provided for leading ten companies. Recent shale gas developments along with their impact on companies/ markets/ alternative fuels are also provided.

Scope

- Current status of shale operations in 30 markets worldwide including 13 European markets
- Comparison of potential investment areas in Europe based on shale reserves, exploration progress and companies
- Comparison of the US and Europe shale play characteristics
- Top ten trends in Europe shale markets
- Exploration status of shale plays in 13 European markets including Poland, the UK, Sweden, Turkey, Ukraine, Denmark, Germany, Netherlands, Lithuania, Belgium, Spain, Romania, Bulgaria, France and Norway
- Government support, risked and technically recoverable shale gas reserves along with investment drivers are identified for each of the markets
- Current E&P activities including Concessions awarded, confirmed availability of commercial gas volumes in shale plays and feasibility of first production from each of the basins in all markets are detailed
- Identifies key basins in each country and details potential shale plays, physical characteristics, reservoir properties and resource characteristics for each basin
- All leading companies with exploration permits in each of the European shale market along with their shale plays, acreage and drilling status are detailed
- All recent developments along with their impact on country and regional shale market are analyzed

Reasons to Buy this Report

- The research work is a compulsory handbook for all investors, companies and strategists focusing on Europe Shale markets
- It enables you to understand the investment potential of each of the shale market in Europe
- Evaluate the possibility of shale gas boom in Europe similar to the US and identify best investment areas
- It offers complete understanding of the basin characteristics, offered concessions and geology of all shale plays in each of the European markets
- Gain up to date knowledge on current progress in exploration, government support, state/ foreign firms participation and drilling success rates
- Stay ahead of your competition with comparative analysis of potential of each of 13 Europe shale markets

Table of Contents

1 Table of Contents 2
1.1 List of Tables 10
1.2 List of Figures 12
2 Executive Summary 13
2.1 Global Shale Gas Markets Overview- 2012 13
2.1.1 Global Shale Gas Reserve Potential 13
2.1.2 Current Status of Shale Exploration Progress by Country 14
2.1.3 Shale Gas Overview- Snapshot 18
2.1.4 Shale Gas Overview- Evolution 20
2.1.5 Shale Gas Overview- Key Steps in Exploration Process 21
2.1.6 Shale Gas Overview- Hydraulic Fracturing 22
2.2 Shale Gas Exploration in Europe Witnessing Strong Boost amidst New Policies and Energy security concerns 25
2.2.1 Europe Shale Gas Potential 25
2.2.2 Despite Challenges Ten Countries Open up Their Shale Plays for Exploration 27
2.3 Drivers and Restraints of Investing in Europe Shale Industry 28
2.3.1 Key Drivers 28
2.3.2 Major Restraints 28
2.3.3 Environmental Concerns 28
2.4 Key Investment Areas in Europe Shale Gas Industry 29
2.4.1 Based on Reserves 30
2.4.2 Based on Progress in Exploration Activities 30
2.4.3 Based on Drilling Success Rate 30
3 Top 10 Trends in Europe Shale Gas 32
3.1 Europe to Witness Next Shale Gas Boom after North America 32
3.2 Robust growth in Gas Demand Encouraging Investments in Shale Gas Exploration in Europe 32
3.2.1 Gas Demand of European Markets to grow steadily through 2030 32
3.2.2 Declining Conventional Gas Reserves and Energy Security plans Encourage Countries to search for Alternative Energy sources 32
3.2.3 Increasing Natural Gas Import Prices 33
3.2.4 Economic Impact 34
3.3 Europe holds around 10% of Global Technically Recoverable Shale Gas Resources 34
3.4 Shale Reserves stood around three times Conventional Gas Reserves 35
3.5 Turkey and Poland to Pioneer European Shale Gas Industry 38
3.6 Increased Shale Gas Production in the US Driving Coal Demand in Europe 39
3.7 Despite Strong Growth prospects of Europe Shale Market, Companies face Tough Challenges 39
3.7.1 High production costs and intense competition to Impact Exploration 39
3.7.2 Limited Land Access, Fresh water availability and other Environmental issues pose Tough challenges 40
3.7.3 Geological Risks and Technology Transfer Issues to be Resolved before Exploration 40
3.8 Exxon Mobil and Talisman Energy of Poland Sale their Licenses 40
3.9 Ukraine plans to exploit its Shale Reserves to reduce its dependency on Russian Gas 41
4 Current status of shale gas Exploration and Field developments in Europe 42
4.1 Poland- Government awarded 111 Concessions and first production likely in 2015 42
4.2 United Kingdom- Uplifted Suspension on Shale Gas Exploration in December 2012 42
4.3 Sweden- State owned company, Gripen Gas Confirmed Success of GH-2 and BY-1 wells 43
4.4 Denmark- Nordsøfonden and Total E&P Denmark B.V. plans to start Drilling in 2014 43
4.5 Netherlands- Research studies on Environmental impact under progress with results 44
4.6 Turkey- First production to commence in Diyarbakir in 2013 44
4.7 Ukraine Shale Gas Exploration Results are Expected in 2015 By Royal Dutch Shell Plc 45
4.8 Germany- Awarded 12 Licenses for exploration during 2012 45
4.9 Lithuania- Chevron likely to be announced as the winner for Shale Gas exploration tender 45
4.10 Belgium- Government yet to announce its stance on Shale Gas discoveries 46
4.11 Spain- Gran Enara Exploration is being carried out by Ente Vasco de la Energia 46
4.12 Norway- Amidst Significant conventional reserves, Norway unlikely to explore its shale 46
4.13 France- Government announced a continuous ban on Hydraulic fracturing operations 47
4.14 Romania and Bulgaria Break Moratorium on Hydraulic fracturing 47
5 Poland Shale Gas Market Analysis 48
5.1 Poland Shale and Conventional Gas Snapshot 48
5.2 Shale Gas Reserve Potential 49
5.3 Regulatory Bodies 49
5.4 Shale Play Characteristics 50
5.4.1 Baltic Basin Characteristics 51
5.4.2 Lublin Basin Characteristics 53
5.4.3 Podlasie Basin Characteristics 54
5.5 Poland Shale Drilling and Exploration Operations 56
5.5.1 Baltic Basin Exploration Activities 56
5.5.2 Lublin Basin Exploration Activities 58
5.5.3 Podlasie Basin Exploration Activities 59
5.6 Leading Players in Poland Shale Market 59
5.6.1 Company wise Acreage and Licenses Awarded 59
5.6.2 PGNiG SA Shale Operations in Poland 60
5.6.3 Chevron Polska Energy Resources Sp. z o.o. Shale Operations in Poland 61
5.6.4 Exxon Mobil Exploration and Production Poland Sp. z o.o. Shale Operations in Poland 61
5.6.5 Nexen Petroleum Polska Shale Operations in Poland 62
5.6.6 Orlen Upstream Sp. z o.o. Shale Operations in Poland 62
5.6.7 LOTOS Petrobaltic S.A. Shale Operations in Poland 63
5.6.8 Petrolinvest Shale Operations in Poland 63
5.6.9 Wisent Oil & Gas Shale Operations in Poland 64
5.6.10 San Leon Energy Shale Operations in Poland 65
5.6.11 3Legs Resources Shale Operations in Poland 65
5.6.12 Cuadrilla Polska Sp. z o.o. Shale Operations in Poland 66
5.6.13 Dart Energy (Poland) Shale Operations in Poland 66
5.6.14 Aurelian Oil & Gas Poland Sp. z o.o Shale Operations in Poland 66
5.6.15 Talisman Energy Inc Shale Operations in Poland 66
5.6.16 BNK Petroleum Inc. Shale Operations in Poland 67
5.6.17 DPV Service Sp. z o.o. Shale Operations in Poland 68
5.6.18 Eni SpA Shale Operations in Poland 68
5.6.19 Strzelecki Energia Sp. z o.o., Shale Operations in Poland 68
5.6.20 Mac Oil Shale Operations in Poland 69
6 Turkey Shale Gas Market Analysis 70
6.1 Turkey Shale and Conventional Gas Snapshot 70
6.2 Shale Gas Reserve Potential 70
6.3 Shale Play Characteristics 71
6.3.1 SE Anatolian Basin Characteristics 73
6.3.2 Thrace Basin Characteristics 74
6.4 Turkey Shale Drilling and Exploration Operations 77
6.4.1 SE Anatolian Basin Exploration 77
6.4.2 Thrace Basin Exploration 77
6.5 Leading Players in Turkey Shale Market 78
7 Germany Shale Gas Market Analysis 80
7.1 Germany Shale and Conventional Gas Snapshot 80
7.2 Shale Play Characteristics 81
7.2.1 North Sea-German Basin Characteristics 81
7.3 Germany Shale Drilling and Exploration Operations 85
7.4 Leading Players in Germany Shale Market 85
7.4.1 Exxon Mobil Corporation Shale Operations in Germany 85
7.4.2 Realm Energy Shale Operations in Germany 85
7.4.3 BNK Petroleum Shale Operations in Germany 86
7.4.4 3Legs Resources Shale Operations in Germany 86
8 Sweden Shale Gas Market Analysis 87
8.1 Sweden Shale and Conventional Gas Snapshot 87
8.2 Shale Play Characteristics 87
8.2.1 Scandanivia Region Basin Characteristics 87
8.3 Leading Players in Sweden Shale Market 89
8.3.1 Royal Dutch Shell Plc Shale Operations in Sweden 89
8.3.2 Gripen Gas Shale Operations in Sweden 89
9 United Kingdom Shale Gas Market Analysis 91
9.1 United Kingdom Shale and Conventional Gas Snapshot 91
9.2 Shale Gas Reserve Potential 91
9.3 Shale Play Characteristics 92
9.3.1 Bowland Shale Characteristics 93
9.3.2 Liassic Shale Characteristics 94
9.4 Leading Players in the UK Shale Market 96
9.4.1 Cuadrilla Resources Shale Operations in the UK 96
9.4.2 Celtique Energy Shale Operations in the UK 97
9.4.3 Eden Energy Shale Operations in the UK 97
9.4.4 Euroenergy Shale Operations in the UK 97
9.4.5 IGas Energy Plc (IGAS) Shale Operations in the UK 97
10 Ukraine Shale Gas Market Analysis 98
10.1 Ukraine Shale and Conventional Gas Snapshot 98
10.2 Shale Gas Reserve Potential 98
10.3 Shale Play Characteristics 99
10.3.1 Dnieper-Donets Shale Characteristics 99
10.3.2 Ukraine Lublin Basin Shale Characteristics 101
10.4 Leading Players in Ukraine Shale Market 103
10.4.1 Royal Dutch Shell Plc Shale Operations in Ukraine 103
10.4.2 EuroGas Ukraine Ltd Shale Operations in Ukraine 103
10.4.3 LLC Westgasinvest Shale Operations in Ukraine 104
10.4.4 Eni SpA Shale Operations in Ukraine 104
10.4.5 Chevron Corporation Shale Operations in Ukraine 104
11 Spain Shale Gas Market Analysis 105
11.1 Spain Shale and Conventional Gas Snapshot 105
11.2 Shale Gas Reserve Potential 106
11.3 Shale Play Characteristics 106
11.4 Leading Players in Spain Shale Market 106
11.4.1 SHESA 107
11.4.2 Oil & Gas Skills, SA, 107
11.4.3 BNK Petroleum 107
11.4.4 Realm Energy International Corp 108
12 Denmark Shale Gas Market Analysis 109
12.1 Denmark Shale and Conventional Gas Snapshot 109
12.2 Shale Gas Reserve Potential 109
12.3 Leading Players in Denmark Shale Market 110
12.3.1 Total E&P Denmark B.V Shale Operations in Denmark 110
13 Netherlands Shale Gas Market Analysis 111
13.1 Netherlands Shale and Conventional Gas Snapshot 111
13.2 Shale Gas Reserve Potential 111
13.3 Shale Play Characteristics 112
13.3.1 Comparison of Central Graben, West Netherlands and Anglo-Dutch Shale Plays 113
13.4 Leading Players in Netherlands Shale Market 113
13.4.1 Brabant Resources Ltd Shale Operations in Netherlands 113
13.4.2 Hardenberg Resources BV Shale Operations in Netherlands 113
14 Belgium Shale Gas Market Analysis 115
14.1 Belgium Shale and Conventional Gas Snapshot 115
14.2 Shale Gas Reserve Potential 115
14.3 Shale Plays 115
14.4 Leading Players in Belgium Shale Market 116
14.4.1 Royal Dutch Shell Plc Shale Operations in Belgium 116
15 Lithuania Shale Gas Market Analysis 117
15.1 Lithuania Shale and Conventional Gas Snapshot 117
15.2 Shale Gas Reserve Potential 117
15.3 Shale Play Characteristics 117
15.3.1 Lithuania Baltic Basin Shale Characteristics 117
15.4 Leading Players in Lithuania Shale Market 119
16 Norway Shale Gas Market Analysis 120
16.1 Norway Shale and Conventional Gas Snapshot 120
16.2 Shale Gas Reserve Potential 120
16.3 Shale Plays 120
17 France Shale Gas Market Analysis 121
17.1 France Shale and Conventional Gas Snapshot 121
17.2 Shale Gas Reserve Potential 121
17.3 Shale Play Characteristics 122
17.3.1 Paris Basin Characteristics 122
17.3.2 France South-East Basin Characteristics 124
17.4 France Shale Drilling and Exploration Operations 126
18 Key Companies Investing in Europe Shale Gas Markets 127
18.1 Royal Dutch Shell Plc 127
18.1.1 Turkey 127
18.1.2 Sweden 127
18.1.3 Ukraine 127
18.1.4 Belgium 128
18.2 BNK Petroleum 128
18.2.1 Poland 128
18.2.2 Germany 129
18.2.3 Spain 129
18.3 Chevron Corporation 129
18.3.1 Poland 130
18.3.2 Ukraine 130
18.3.3 Romania 130
18.3.4 Bulgaria 130
18.3.5 Lithuania 130
18.4 Exxon Mobil Corporation 131
18.4.1 Poland 131
18.4.2 Germany 131
18.5 ENI SpA 131
18.5.1 Poland 131
18.5.2 Ukraine 131
18.6 Total SA 132
18.6.1 Denmark 132
18.6.2 Poland 132
18.7 3Legs Resources Plc 132
18.7.1 Poland 133
18.7.2 Germany 133
18.8 Cuadrilla Resources Ltd 133
18.8.1 Poland 133
18.8.2 United Kingdom 134
18.8.3 Netherlands 134
18.9 Realm Energy 134
18.9.1 Poland 134
18.9.2 Germany 135
18.9.3 Spain 135
18.10 San Leon Energy 135
18.10.1 Poland 135
19 Europe Shale- Recent News Landscape 136
20 Appendix 151
20.1 Abbreviations 151
20.2 Definitions 151
20.3 Sources and Methodology 152
20.4 Contact Information 153
20.5 Disclaimer 153

List of Tables

Table 1: Comparison of Shale Gas Reserves to Conventional Gas Reserves, 2011 13
Table 2: Dwindling Conventional Gas Reserves in European Countries, 2000- 2011 34
Table 3: Global Shale Reserves by Country 37
Table 4: Poland Shale Gas Snapshot 48
Table 5: Physical Characteristics of Baltic Basin 52
Table 6: Reservoir Properties 52
Table 7: Resource Characteristics 53
Table 8: Physical Characteristics of Lublin Basin 53
Table 9: Reservoir Properties 54
Table 10: Resource Characteristics 54
Table 11: Physical Characteristics of Podlasie Basin 55
Table 12: Reservoir Properties 55
Table 13: Resource Characteristics 56
Table 14: Poland Company wise Concessions Awarded and Acreage, 2007- 2013 59
Table 15: Turkey Shale Gas Snapshot 70
Table 16: Physical Characteristics of SE Anatolia Basin 73
Table 17: Reservoir Properties 74
Table 18: Resource Characteristics 74
Table 19: Physical Characteristics of Thrace Basin 75
Table 20: Reservoir Properties of Hamitabat Shale Formation 76
Table 21: Resource Characteristics of Hamitabat Shale Formation 77
Table 22: Germany Shale Gas Snapshot 80
Table 23: Physical Characteristics of North Sea-German Basin 82
Table 24: Reservoir Properties of North Sea-German Basin 83
Table 25: Resource Characteristics of North Sea-German Basin 84
Table 26: Sweden Shale Gas Snapshot 87
Table 27: Physical Characteristics of Scandinavia Region Basin 88
Table 28: Reservoir Properties 88
Table 29: Resource characteristics 89
Table 30: United Kingdom Shale Gas Snapshot 91
Table 31: Physical Characteristics of U.K. Northern Petroleum System 93
Table 32: Reservoir Properties 94
Table 33: Resource Characteristics 94
Table 34: Physical Characteristics of Liassic Shale Formation 95
Table 35: Reservoir Properties 95
Table 36: Resource Characteristics 96
Table 37: Ukraine Shale Gas Snapshot 98
Table 38: Physical Characteristics of Dnieper-Donets Shale Basin 100
Table 39: Reservoir Properties 101
Table 40: Resource Characteristics 101
Table 41: Physical Characteristics of Bowland Shale 102
Table 42: Reservoir Properties 102
Table 43: Resource Characteristics 103
Table 44: Spain Shale Gas Snapshot 105
Table 45: Denmark Shale Gas Snapshot 109
Table 46: Netherlands Shale Gas Snapshot 111
Table 47: Characteristics of Netherlands Shale Basins 113
Table 48: Belgium Shale Gas Snapshot 115
Table 49: Lithuania Shale Gas Snapshot 117
Table 50: Physical Characteristics of Lithuania Baltic Basin Shale 118
Table 51: Reservoir Properties 118
Table 52: Resource Characteristics 119
Table 53: Norway Shale Gas Snapshot 120
Table 54: France Shale Gas Snapshot 121
Table 55: Physical Characteristics of France Paris Basin 123
Table 56: Reservoir Properties 124
Table 57: Resource Characteristics 124
Table 58: Physical Characteristics of France Paris Basin 125
Table 59: Reservoir Properties 126
Table 60: Resource Characteristics 126

List of Figures

Figure 1: Global Shale Gas Reserves (Tcf) 13
Figure 2: Shale Resources- Schematic Geology 19
Figure 3: Typical Hydraulic Fracturing Process 22
Figure 4: Fracturing Fluid Composition 23
Figure 5: Shale Fracturing Fluid- Typical Composition of Chemical Additives 24
Figure 6: Europe shale gas reserves by country (Tcm) as of 2011 26
Figure 7:Europe Natural Gas Demand Forecast 2000-2020 32
Figure 8: Global Comparison of Technically Recoverable Shale Gas Reserves 35
Figure 9: European Countries Shale Gas Reserves in comparison with Natural Gas Reserves in 2011 (Tcf) 36
Figure 10: Comparison of Shale Gas Reserves with Natural Gas Reserves of Poland, 2011 49
Figure 11: Poland Shale Basins 51
Figure 12: Comparison of Shale Gas Reserves with Natural Gas Reserves of Turkey, 2011 71
Figure 13: Turkey Shale Basins 72
Figure 14: Comparison of Shale Gas Reserves with Natural Gas Reserves of Germany, 2011 81
Figure 15: Comparison of Shale Gas Reserves with Natural Gas Reserves of Turkey, 2011 92
Figure 16: Comparison of Shale Gas Reserves with Natural Gas Reserves of Ukraine, 2011 99
Figure 17: Comparison of Shale Gas Reserves with Natural Gas Reserves of Denmark, 2011 110
Figure 18: Comparison of Shale Gas Reserves with Natural Gas Reserves of Netherlands, 2011 112
Figure 19: Comparison of Shale Gas Reserves with Natural Gas Reserves of France, 2011 122

Companies Mentioned

Royal Dutch Shell Plc, BNK Petroleum, Chevron Corporation, Exxon Mobil, ENI SpA, Total SA, 3Legs Resources, Cuadrilla Resources, Realm Energy and San Leon Energy

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Europe Shale Gas Market Prospects- Ten European Countries Open Up Their Shale Markets for Investments in Exploration


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