Shale boom to continue out to 2020

Pauline McCallion
05 Aug 2010

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Low production costs will spur significant growth in North American shale gas production for the next decade, according to new research, feeding demand domestically and in higher-priced foreign markets.

Production from the main commercial shale gas plays in North America will grow to 24 billion cubic feet (bcf) per day by 2020, from 5 bcf per day in 2008, according to a report from research firm Ziff Energy Group. The growth will mainly be due to the cost of shale gas production, versus natural

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