Gas Shales in Europe, 2011 – Market Analysis, Industry Development and Competitive Landscape

Report Summary

Gas Shales in Europe, 2011 – Market Analysis, Industry Development and Competitive Landscape is the latest report from GlobalData, the industry analysis specialists, that provides insight into the European shale gas industry. The report presents shale gas potential in Europe, and provides details of key exploration areas, major companies engaged in the exploration of shale gas in Europe, drivers and challenges in shale gas development in Europe, and key merger and acquisition (M&A) activities in the European shale gas industry. The report discusses the development of shale gas exploration in Poland, detailing concessions awarded, companies involved, drivers and challenges associated with the development of shale gas in the country, and expected economics. The report also details key developments in shale gas resources in other European countries and analyzes potential implications of shale gas development in Europe on the global oil and gas industry. Due to its increasing dependence on Russian gas imports, Europe plans to develop alternate avenues to secure natural gas. In addition to diversifying its natural gas suppliers, Europe is keen to develop its own shale gas resources, based on the success of the US gas shale industry. At present, several European countries, such as Poland and Germany, are leasing out huge acres of land to international and local companies to develop shale gas assets.

Scope

• The report analyzes the European shale gas industry. The scope of the report includes:
• An overview of the shale gas industry in Europe
• Major issues and drivers affecting shale gas development in Europe
• Key M&A activities and investments in the European shale gas industry
• Competitive structure of the European shale gas industry, detailing major companies in each country
• Shale gas developments in Poland, including details of licensing activities, companies operating and expected shale gas economics
• Shale gas developments in all other major European countries such as Germany, France and the UK
• Implications of shale gas development in Europe.

Reasons to Buy

• The report will enhance your decision making capability. It will allow you to:
• Develop business strategies with the help of specific insights into the European shale gas industry
• Identify opportunities and challenges in the shale gas industry in Europe
• Plan your strategies based on expected development possibilities of shale gas in Europe
• Understand the competitive landscape of this emerging industry in Europe
• Keep yourself informed of the key developments in this potentially changing industry.

Table of Contents

1 Table of contents 3
1.1 List of Tables 5
1.2 List of Figures 5

2 Introduction 6
2.1 Overview 6
2.2 GlobalData Report Guidance 7

3 Shale Gas Market in Europe - Development Potential in Key Geographies 8
3.1 Unconventional Gas Global Scenario 8
3.2 Shale Gas in Europe, Overview 9
3.3 Key Gas Shale Exploration Areas in Europe 10
3.4 Development Potential - Project “Gas Shales in Europe” 11

4 Shale Gas Market In Europe - Key Drivers and Issues 12
4.1 Europe Strives to Reduce Dependency on Russian Gas Supplies 12
4.2 Success of Gas Shales in the US has Encouraged European Gas Shale Development 12
4.3 Europe Plans to Increase Natural Gas Use to Reduce Carbon Emissions 12
4.4 Economic Feasibility of Unconventional Gas in Europe is Unproved 13
4.5 Environmental Concerns Hinder the Development of European Shale Gas 13

5 Shale Gas Market in Europe - Major Companies and Competitive Landscape 14
5.1 Shale Gas Market in Europe - Major Companies Operating 14
5.2 Major IOCs Plan to Capitalize on US Shale Gas Experience 15
5.3 Independent Oil Companies are Likely to Play a Key Role in European Gas Shale Market 15

6 Shale Gas Market In Europe - Investment Scenario and Merger Acquisition Activities 17
6.1 Major M&A and Asset Transactions in European Shale Gas Plays 17
6.2 Investments in European Shale Gas Industry 18

7 Shale Gas Market in Europe - Poland Leads the Way 19
7.1 An Overview 19
7.2 Major Shale Gas Basins 20
7.3 Major Shale Gas Developments 21
7.3.1 Exploration Activities 21
7.3.2 Key Fiscal Regime Terms 25
7.4 Development Scenario 26
7.5 Expected Economics 27
7.6 Major Companies 28
7.6.1 3Legs Resources 28
7.6.2 Realm Energy 29
7.6.3 PGNiG 29
7.6.4 Chevron Polska 29
7.6.5 San Leon Energy 30
7.6.6 Talisman Energy 30
7.6.7 ExxonMobil Corporation 30
7.6.8 BNK Petroleum 31
7.6.9 Marathon Oil Corporation 32

8 Shale Gas Market in Western Europe 33
8.1 Shale Gas Market in Western Europe, Major Shale Gas Basins 34
8.1.1 Paris Basin 34
8.1.2 Southeast Basin 35
8.1.3 North Sea German Basin 36
8.1.4 Scandinavian Alum Shale 37
8.1.5 UK Northern and Southern Petroleum System 38
8.2 Shale Gas Market in France 39
8.2.1 France, Major Developments 39
8.2.2 France, Key Fiscal Terms 39
8.3 Shale Gas Market in Germany 40
8.3.1 Germany, Major Developments 40
8.3.2 Germany, Key Fiscal Terms 41
8.4 Shale Gas Market in the Netherlands 41
8.4.1 The Netherlands, Major Developments 41
8.4.2 The Netherlands, Key Fiscal Terms 41
8.5 Shale Gas Market in Austria 41
8.5.1 Austria, Major Developments 41
8.6 Shale Gas Market in the UK 42
8.6.1 The UK, Major Developments 42

9 Shale Gas Market in Eastern Europe 43
9.1 Shale Gas Market in Eastern Europe, Major Shale Gas Basins 44
9.1.1 Baltic Basin 44
9.1.2 Dnieper-Donets Basin 45
9.1.3 Ukrainian Lublin Basin 46
9.2 Shale Gas Market in the Ukraine 47
9.2.1 Ukraine, Major Developments 47
9.3 Shale Gas Market in Hungary 47
9.3.1 Hungary, Major Developments 47

10 Appendix 48
10.1 Abbreviations 48
10.2 Methodology 48
10.2.1 Coverage 48
10.2.2 Secondary Research 49
10.2.3 Primary Research 49
10.2.4 Expert Panel Validation 49
10.3 Contact Us 50
10.4 Disclaimer 50
10.5 Sources 50

List of Tables

Table 1: Shale Gas Market in Europe, Risked Gas in Place by Country (tcf), 2010 9
Table 2: Shale Gas Market in Europe, Major Companies Operating in Different Countries, 2011 14
Table 3: Shale Gas Market in Europe, Major M&A and Asset Transaction Activities, 2011 17
Table 4: Shale Gas Market, Poland, Natural Gas Statistics (tcf), 2009 19
Table 5: Shale Gas Market, Poland, List Of Blocks with Exploration Activity, until June 2011 22
Table 6: Shale Gas Market, Poland, Estimated Well Economics, 2011 27

List of Figures

Figure 1: Potential Gas Shales in Europe 6
Figure 2: Distribution of Worldwide Unconventional Gas Reservoirs (tcf), 2007 8
Figure 3: Shale Gas Market in Europe, Risked Gas in Place by Country (tcf), 2010 9
Figure 4: Shale Gas Market in Europe, Potential Basins for Exploration, 2010 10
Figure 5: Shale Gas Market in Europe, Technically Recoverable Gas by Country (tcf), 2010 11
Figure 6: Shale Gas Market, Poland, Natural Gas Statistics (tcf), 2009 19
Figure 7: Shale Gas Market, Poland, Major Shale Gas Basins, 2011 20
Figure 8: Shale Gas Market, Poland, Shale Gas Reservoir Properties and Resources 20
Figure 9: Shale Gas Market, Poland, Shale Gas Leasing Activity 21
Figure 10: Shale Gas Market, Poland, Recent Drilling Activity, 2011 25
Figure 11: Shale Gas Market, Poland, Asset Map of 3Legs Resources, 2011 28
Figure 12: Shale Gas Market, Poland, Asset Map of Realm Energy, 2011 29
Figure 13: Shale Gas Market, Poland, Asset Map of San Leon Energy, 2011 30
Figure 14: Shale Gas Market, Poland, Asset Map of BNK Petroleum, 2011 31
Figure 15: Shale Gas Marker, Poland, Asset Map of Marathon Oil Corporation, 2011 32
Figure 16: Shale Gas Market, Western Europe, Major Shale Gas Basins, 2011 33
Figure 17: Shale Gas Market, Western Europe, Shale Gas Reservoir Properties and Resources 33
Figure 18: Shale Gas Market, Western Europe, Paris Basin 34
Figure 19: Shale Gas Market, Western Europe, France Southeast Basin 35
Figure 20: Shale Gas Market, Western Europe, North Sea German Basin 36
Figure 21: Shale Gas Market, Western Europe, Scandinavian Alum Shale 37
Figure 22: Shale Gas Market, Western Europe, UK Northern and Southern Petroleum Systems 38
Figure 23: Shale Gas Market, Germany, North Sea German Basin, Shale Gas Leasing Activity 40
Figure 24: Shale Gas Market, Eastern Europe, Major Shale Gas Basins, 2011 43
Figure 25: Shale Gas Market, Eastern Europe, Baltic Basin 44
Figure 26: Shale Gas Market, Eastern Europe, Dnieper-Donets Basin 45
Figure 27: Shale Gas Market, Eastern Europe, Ukrainian Lublin Basin 46