Australia Shale Gas Market Analysis
The future of shale gas will largely depend on the assessments that will be done in the next couple of years, which will establish that the estimated reserves as commercially recoverable or not. The investments will be riding on this information and as soon as a positive outlook is presented, companies will rush in to get a share of the shale gas pie in Australia. There is little speculation right now regarding the productivity of these reserves but the international companies are not leaving anything to chance. The shale gas process of exploration and production will, by itself, take at least three to four years to begin production. The future, though, rides on the initial assessment of these shale plays.
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