Tight Gas Market Key Business Opportunities in Depth: Exxon Mobil Corporation, Royal Dutch Shell, Chevron Corporation
Tight gas is defined as the natural gas which is produced from reservoir rocks with such low permeability. It has massive hydraulic fracturing in order to produce the well at economic rates. It has less than 0.1 millidarcy matrix permeability and less than 10% matrix porosity. The increasing price of oil, recent research, and development in tight gas, increase usage of tight gas in industrial, residential, commercial, power generation, transportation, among others gas are some of the major drivers which...
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