US demand for shale gas and tight oil products and services is forecast to rise 3.5 percent annually to $98 billion in 2017. Stimulation materials will be the fastest growing products, while completion and production will pace the services sector. The Permian basin will remain the largest play, while the Eagle Ford Shale will grow the fastest.This study analyzes the $82.2 billion US shale gas and tight oil product and service industry. It presents historical demand data for 2002, 2007 and 2012, and forecasts for 2017 and 2022 by product (e.g., drilling equipment and parts, drilling fluids, proppants, chemicals and gases, cementing products, completion and workover fluids, production chemicals), service (e.g., pressure pumping, drilling), US region and play (e.g., Permian Basin, Bakken, Eagle Ford, Marcellus).The study also considers market environment factors, details industry structure, evaluates company market share and profiles 47 industry players, including Halliburton, Schlumberger and Baker Hughes.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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