With the US success of shale gas and oil, the industry is casting an eye outward, considering whether other countries that show similar promise could also be successful in developing their unconventional resources. The question: If so, where and how fast?
Many locations around the world have both considerable unconventional resources, including shale oil and shale gas, as well as regimes that can support investment. While the size of resources and a supportive fiscal environment are key, several other factors will also influence the viability of shale resources. Accenture’s new report, International development of unconventional resources: If, where and how fast? reviews nine basins around the world, examining these locations against eight critical factors required for the development of unconventional resources.
See below for an outline of the eight critical factors that can determine the development potential of international shale resources.