U.S. Shale gas

Gas shales are currently one of the hottest plays in the United States as a result of high gas prices, the remarkable success in the Barnett Shale in the Fort Worth Basin, technological advancements in drilling and completions, and predicted near-term shortages of natural gas.

Furthermore, potential gas shales occur in many developed basins where conventional production is declining, an underutilized gathering infrastructure exists and markets are accessible. There are over 35,000 producing gas shale wells in the United States, with a current cumulative production of about 600 bcf/year. Total gas shale resources in the United States have been estimated in the range of 500-600 tcf.