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Bakken Shale in the US, 2012 - Oil and Gas Shale Market Analysis and Forecasts to 2020

Friday, Dec 14, 2012

Research and Markets (http://www.researchandmarkets.com/research/zm2658/bakken_shale_in) has announced the addition of GlobalData's new report "Bakken Shale in the US, 2012 - Oil and Gas Shale Market Analysis and Forecasts to 2020" to their offering.

“Bakken Shale in the US, 2012 - Oil and Gas Shale Market Analysis and Forecasts to 2020”

"Bakken Shale in the US, 2012 - Oil and Gas Shale Market Analysis and Forecasts to 2020" which provides insight into existing and potential exploration and development activities in the Bakken shale play. The report provides details about the business plans of various companies to increase their production, reserves and undeveloped land base in the US region of the shale. This has created competition between Bakken shale operators over obtaining acreage in the Williston Basin and securing potential resources for future production from the shale play.

Consequently, many major merger and acquisition (M&A) activities have taken place due to companies trying to access the crude oil resources underlying the Bakken shale play. This trend is largely a result of shale plays becoming more attractive to oil and gas companies in recent years due to technological advancements improving their viability.

Source: Business Wire

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