FAIRFAX, Va., Aug. 2, 2012 /PRNewswire/ -- Pace Global, a Siemens Business, announces the release of "Pace Global 2012 Shale Gas Insider: The Numbers vs. The Hype," its third annual U.S. Shale Market Assessment Report. A valuable resource for those seeking to engage in and capitalize on market opportunities that may exist in the natural gas arena, Pace Global's latest report offers a sophisticated analysis of the shale market's fundamentals and financial context for industry participants, investors, lenders and other stakeholders.
"Pace Global 2012 Shale Gas Insider: The Numbers vs. The Hype" provides fresh data and relevant information so that investors and others can make more fully informed decisions associated with their strategic planning, market development, cost-recovery and economic assessments. Pace Global's report offers insight into key factors driving investment interest, returns and risks in the U.S. shale gas arena. Armed with this knowledge, market participants and stakeholders will be positioned to make better decisions and confidently navigate the complexities of the "boom" that is currently winning headlines around the world.
Pace Global's analysis will help clients better understand the shale gas phenomenon and its impact on the U.S. economy, as well as the nation's energy portfolio going forward. With natural gas prices nearing historic lows, oil and gas companies are investing billions of dollars to secure and develop shale basin acreage, fueled by a belief that this emerging resource will undoubtedly become part of the U.S.'s long-term energy portfolio. However, investment in shale gas resources is not guaranteed to provide a return and obstacles to profit are significant for oil and gas companies. The report takes these profit barriers into account to help decision makers avoid problems associated with the "growth over profits" mentality often prevalent in overheated or overhyped markets.
"With this analysis, market participants and stakeholders will better understand how to best take advantage of the potential market opportunity thousands of feet below us," says James (Jim) Diemer, managing director for Pace Global. "They will learn from the challenges facing shale-focused oil and gas companies today, and gain a broader perspective on the financial constraints, as well as the social and regulatory issues that affect shale operations. As a trusted energy advisor with 35 years of energy market experience, our customers can rely on this information to help develop a full sense of the value proposition afforded by shale development."
To obtain a copy of the executive summary of the report and to find out more about purchasing this study, please go to www.paceglobal.com/shalemarketstudy.aspx.
About Pace Global
Pace Global, a Siemens business, is a leading energy consulting and management company. Pace Global combines deep industry knowledge with commercial, technical, financial and regulatory expertise to help organizations maximize value and manage risk in today's complex energy and environmental markets. For more than 35 years and in over 60 countries, Pace Global teams have worked closely with clients to define strategies and implement solutions. Now a part of the Sustainability and Energy Management business within Siemens, Pace Global helps to provide full end-to-end integrated energy solutions for enterprise clients and governments worldwide. For more information, please visit www.paceglobal.com.
Siemens Infrastructure & Cities Sector, with approximately 87,000 employees worldwide, offers sustainable technologies for metropolitan areas and their infrastructures. Its offerings include complete traffic and transportation systems, intelligent logistics, efficient energy supply, environmentally compatible building technologies, modernization of the way power is transmitted and distributed, and smart consumption of electricity. The sector comprises the Rail Systems, Mobility and Logistics, Low and Medium Voltage, Smart Grid and Building Technologies Divisions as well as Osram Sylvania. For more information, visit www.usa.siemens.com/infrastructure-cities.
The Siemens Building Technologies Division is the world's market leader for safe and energy efficient buildings (green buildings) and infrastructures. As a service provider, system integrator, and product vendor, Building Technologies has offerings for building automation, heating, ventilation and air conditioning (HVAC), fire protection, and security. For more information, visit www.usa.siemens.com/buildingtechnologies.
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SOURCE Pace Global