Devon Energy-Company profile, Business Overview, Financial Performance, Operating Segments, Strategic Moves, and Competitive Intelligence Report

Shale gas is an unconventional natural gas trapped within shale formations, which is then explored through various technologies such as horizontal drilling, hydraulic featuring, etc. The depleting reserves of natural resources compelled the gas industries to focus on the unconventional resources such as shale gas. Shale gas holds the largest share of the global natural gas market. Due to the presence of huge shale gas resources in the region, U.S.A. is the biggest producer of natural gas and also the largest exporter of LNG (liquefied natural gas) and pipeline gases.