Shale oil is an unconventional type of oil produced from oil shale formations. It is also known as kerogen oil or oil shale oil . The extraction of shale oil is an industrial process that is generally undertaken above ground by mining in oil shale field and then the output is treated in a facility to obtain the desired product. Heating or fracturing is also used to extract shale oil when the source shale field is beneath the earth’s crust.
Analysts forecast the Shale Oil market in the US will grow at a CAGR of 13.3 percent over the period 2013-2018.
Covered in this Report
The Shale Oil market in the US can be divided into four segments based on end-user into the Transportation sector, Industrial sector, Power Generation sector, and Others.
Shale Oil Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the key states for shale oil production in the US, namely, Texas, North Dakota, and Kansas; it also covers the Shale Oil market in the US landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Purchase a copy of the report at http://www.sandlerresearch.org/purchase?rname=19381
- North Dakota
- Devon Energy Corp.
- EOG Resources Inc.
- ExxonMobil Corp.
- Hess Corp.
- Marathon Oil Corp.
- SM Energy Co.
Other Prominent Vendors
- American Shale Oil
- Chevron Corp.
- ConocoPhillips Co.
- Continental Resources Inc.
- Murphy Oil Corp.
- Noble Energy Inc.
- Shale Technologies LLC
- Viru Keemia Group
- Whiting Petroleum Corp.
Key Market Driver
- Depletion of Conventional Oil Reserves
Key Market Challenge
- Capital-intensive Nature of Shale Oil Projects
Key Market Trend
- Rapid Technological Advancements
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
For more Information on the report, inquire at http://www.sandlerresearch.org/inquire-before-buying?rname=19381 .
About US:Sandlerresearch.org (http://www.sandlerresearch.org/) is an online market research store for research reports on multiple industries. These reports provide market analysis, trends and opportunities and forecast about industries that helps to make a right decision for the business.