Fayeteville Shale Expected to be Hub in the Future - Awesome News for Investors.

3rd March 2012

Fayeteville Shale Expected to be Hub in the Future - Awesome News for Investors.

Posted by blogwriter

Fayetteville Shale in the US, 2011: Gas Shale Market Analysis and Forecasts to 2020 is the latest report from GlobalData, the industry analysis specialist, which provides insight into the shale gas exploration and development activities in the Fayetteville shale. The report highlights the gas production from various counties in Arkansas, providing details of the major companies exploring the Fayetteville shale and the drivers and challenges to shale gas exploration in the US.

The Fayetteville Shale is Expected to be Natural Gas Producing Hub in the Future

The Fayetteville shale, in a span of six years, has evolved to be a significant onshore natural gas producing play in the US. The production from the Fayetteville shale increased from 0.1 billion cubic feet (bcf) in 2004 to 777.6bcf in 2010.

The production from Fayetteville shale play is expected to show an upward trend. During 2012, the production from the Fayetteville shale is expected to increase to 929.1bcf, from 918.0bcf in 2011. The production is expected to grow at a CAGR of 5.2% for the period 2011-2020 and gradually reaching 1,453.2bcf by 2020.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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