Shale Gas Products & Services:

Drilling fluids and chemicals, stimulation products (sand and other proppants, friction reducers, gelling agents, biocides, gases, and other stimulation chemicals), pressure pumping services, drilling services, completion and production services, testing and related services, water recycling and reuse, wastewater management, and other drilling related products and services

Shale is a compressed fine-grained type of sedimentary rock that can be a rich resource of petroleum and natural gas. Shale gas refers to natural gas that is trapped within shale formations. The United States is now the largest producer of shale gas. Shale gas has the potential to significantly increase United States’ security of energy supply, reduce greenhouse gas emissions, and lower prices for consumers.

The term "shale revolution" is used to describe recent developments related to the tremendous production of oil and natural gas in the United States. During the last decade, advances in the horizontal drilling and hydraulic fracturing technology used in oil and natural gas production have enabled increased production of the abundant oil and natural gas resources in the country at economically viable rates.

The US shale gas product and service industry is currently estimated at ~$30 billion. Products used in gas exploration include drilling equipment and consumables, drilling fluids, stimulation products (sand and other proppants, friction reducers, gelling agents, biocides, gases, and other stimulation chemicals), and other fluids and materials. Services include pressure pumping services, drilling services, completion and production services, testing and related services, water recycling and reuse, and wastewater management.

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