• Shale Oil
  • Overview
  • Other Shale Plays
  • Shale Media
  • Formation
  • Fraccing
  • Reserves
• Jolly Ranch Group
• Where we operate

The rise in dominance of shale gas and more recently, shale oil, in the mergers and acquisitions markets of North America reflects a changing in shape of the industry, particularly in the USA.

Within the last decade the gas industry in the USA has undertaken a fundamental U-turn from having to look to source international gas supply to meet its domestic needs by building multiple LNG facilities to being so inundated with potential domestic production that the country has become a virtual LNG exporter.

This massive rise in gas resources and production is down to the rise in prominence and success of the shale gas industry, so much so the price for natural gas has plummeted in the last few years partly due to this success.

The USA is now so gas rich that many of the established players in the Shale Gas industry, such as XTO, EOG and Chesapeake have publically stated that more liquids focused shale plays will be the next game changer and many of them are halting shale gas work to seek shale oil related plays and indeed a number of shale oil plays are bringing to rise in prominence; most notably the Eagle Ford and Niobrara.