THE SHALE GAS INDUSTRY IN POLAND: RECENT TRENDS AND EMERGING DEVELOPMENTS

The future for the shale gas sector in Poland until 2025, including the government’s plan and the tendency of firms to push shale gas exploration provides a detailed study of the sector, including topics such as the size of the market in terms of the number of shale gas concessions that have been granted and the number of shale gas wells that have been developed in the nation. In addition to this, the research includes information on the industry’s technical possibilities, important policy drivers, possible difficulties, and trends and developments. The study presents a competitive picture of significant participants in the sector together with the market share of major firms based on the number of concessions given and shale gas wells developed. In addition, the report presents the market share of major corporations. Coal, oil, natural gas, and other forms of fossil fuels, as well as other types of renewable energy, make up the majority of Poland’s main energy consumption. The shale gas sector in Poland has been propelled forward by a number of factors, including potentially huge shale gas deposits, societal acceptability, government backing, and the growing interest of exploration and production businesses with favorable shale gas test results. By developing shale gas wells up to the year 2013, the industry was able to achieve a compound annual growth rate of 67.1 percent from 2010 to 2013. Only businesses who are members of opppw, which is the Polish exploration and production industry association, were responsible for drilling these wells. With a total of concessions and wells developed for shale gas at the end of the year 2013, the state-owned company pgnig sa is the dominant participant in the industry. San Leon Energy is the company that comes in second place with over a thousand shale gas wells drilled around the nation. In the poland shale gas business, pkn orlen sa was ranked in the third place, with other significant e&p firms such as 3legs resources, bnk petroleum, and chevron. In the Polish shale gas sector, it is anticipated that there will be wells drilled for shale gas by the year 2018, which is an increase from the number of wells drilled for shale gas in 2013. It is anticipated that the future of the shale gas industry in Poland will be bright due to the development of favorable regulatory legislations, the increasing interest of exploration and production companies as a result of shale gas flows during test drilling, the moderation of environmental legislations on hydraulic fracturing techniques, and the growing social acceptance of the industry. Nevertheless, the year 2017 is now projected to be the year in which commercial production will begin for the shale gas sector in Poland. There are three possible futures for the industry: one with modest growth, one with greater foreign investments, and one with faster growth. It is anticipated that the whole shale gas business in Poland would see tremendous growth at a compound annual growth rate of 26.3% in the period between 2014 and 2018. major themes discussed in the report are as follows: usage of primary energy in Poland, including in-depth analysis of the natural gas industry’s supply and consumption prospects deposits of shale gas in Poland, which might have an effect on the country’s energy supply and economy the size of the market for shale gas in Poland measured in terms of the number of concessions given out and the number of wells dug for shale gas in Poland. future technical possibilities, important policy drivers, and conceivable difficulties changes and advancements in the shale gas business that are now taking place in Poland, with more favorable legislation and good shale gas test flow. consequences for the sector In Poland, the market share of the main E&P businesses is broken down according to the number of concessions given and the number of shale gas wells drilled. competitive landscape and company profiles, including a pictorial representation of the awarded concessions and a detailed description of each of the shale gas wells drilled by the major e&p companies and service providers operating in the poland shale gas industry (pgnig sa, san leon energy, pkn orlen sa, 3legs resources, bnk petroleum, and halliburton, among others), future outlook and projections under moderate continue reading: ken research’s Ankur Gupta, head of marketing and communications, may be reached at ankur@kenresearch.com or +91-9015378249 about the poland shale gas industry.

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