The need for primary energy is rising and increasing fuel demand globally is driving the need to find new energy reserves or new, unconventional energy sources.
Shale gas is one solution that has been identified in addressing the rise in global energy demand so much that shale reserves are identified as a game changer in global energy markets and the topic of shale gas has quickly become widespread in the energy sector.
With falling reserves of natural gas and increasing energy costs, many countries that have technically recoverable reserves are now considering shale gas as the solution which will change their future energy dependence. In addition, advances in hydraulic fracturing (fracking) have enabled production companies to extract gas from deeper areas than was previously possible.
The shale gas industry is heavily dependent on governmental policies. There are numerous environmental concerns associated with the shale gas industry, such as the risk of earthquakes and pollution as a result of fracking.
As result, although countries would want to make use of shale gas and be self-sufficient regarding their energy requirements, governments of these countries are expected to make legislative decisions that will affect the future of shale gas exploratory activities. For example, North America leads in shale gas production, whereas France and the Netherlands have enforced bans on shale gas exploration.
About this report
Sensors play a critical role in the oil and gas industry, and thus in the shale gas sector. Currently, most shale gas production occurs in North America (United States and Canada), as production in other countries has not yet commenced due to governmental bans on fracking and strong public opposition. Once these constraints are removed, the potential for sensors and instrumentation in shale gas will increase significantly. In this study on sensors and instrumentation in shale gas, flow, level, pressure, and temperature sensors have been discussed; and wellhead, fracking, and separation applications have been considered. The market share of flow, level, pressure, and temperature sensors in wellhead, fracking, and separation applications has also been covered.
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