Top Unconventional Gas Companies

Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Unconventional Gas Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Unconventional Gas industry players.

Unconventional Gas Market Competitive Landscape

The market leaders in the highly competitive global unconventional gas industry are looking to create new technology, reduce costs, and reach out geographically. Some of the major initiatives include investing in eco-friendly techniques, group efforts to adopt technology, and aggressively exploring as-yet untapped reserves. Firms such as ExxonMobil and Chevron, for example, are concentrating on high-tech shale gas extraction techniques in an effort to increase output with less environmental impact.

  • Wellbore Integrity Solutions (2019): Wellbore Integrity Solutions offers progressive solutions to enhance the efficiency and safety of Wellbore construction, especially in the unconventional gas market. To minimize hazards and downtime, the company provides sealing technology, integrity management, and wellbore monitoring. Wellbore Integrity Solutions introduced a real-time monitoring system in 2024 to enable operators to monitor well conditions and maximize output in difficult shale gas locations.
  • Fervo Energy (2017): Fervo Energy is a geothermal energy company that employs enhanced geothermal systems (EGS), which are unconventional oil and gas operations, to harvest geothermal energy. To achieve renewable energy offerings, the firm intends to pair geothermal power with oil and gas technology. In 2024, Fervo Energy proved the concept of their hybrid energy system using unconventional drilling operations to tap into geothermal power and supply Nevada's system with clean electricity.

Top Player’s Company Profiles

  • ExxonMobil Corporation (USA) 
  • Chevron Corporation (USA) 
  • ConocoPhillips (USA) 
  • EOG Resources, Inc. (USA) 
  • Pioneer Natural Resources Company (USA) 
  • Devon Energy Corporation (USA) 
  • APA Corporation (USA) 
  • Antero Resources Corporation (USA) 
  • Range Resources Corporation (USA) 
  • Ovintiv Inc. (USA) 
  • Canadian Natural Resources Limited (Canada) 
  • Suncor Energy Inc. (Canada) 
  • Tourmaline Oil Corp. (Canada) 
  • Birchcliff Energy Ltd. (Canada) 
  • Woodside Energy Group Ltd (Australia) 
  • Origin Energy Limited (Australia) 
  • Santos Limited (Australia) 
  • Oil and Natural Gas Corporation (ONGC) (India) 
  • Oil India Limited (India) 
  • Equinor ASA (Norway) 

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Global Unconventional Gas Market size was valued at USD 204.61 Billion in 2023 and is poised to grow from USD 217.5 Billion in 2024 to USD 364.82 Billion by 2032, growing at a CAGR of 6.3% in the forecast period (2025-2032).

The market leaders in the highly competitive global unconventional gas industry are looking to create new technology, reduce costs, and reach out geographically. Some of the major initiatives include investing in eco-friendly techniques, group efforts to adopt technology, and aggressively exploring as-yet untapped reserves. Firms such as ExxonMobil and Chevron, for example, are concentrating on high-tech shale gas extraction techniques in an effort to increase output with less environmental impact. 'ExxonMobil Corporation', 'Chevron Corporation', 'Royal Dutch Shell', 'BP', 'TotalEnergies', 'ConocoPhillips', 'Eni S.p.A.', 'Halliburton', 'Schlumberger', 'Baker Hughes', 'Occidental Petroleum', 'Devon Energy', 'Apache Corporation', 'EQT Corporation', 'Pioneer Natural Resources'

The growing global energy demand, particularly in the developing world of China and India, is driving the unconventional gas industry. Tight gas and shale gas are vital sources of energy to satisfy increasing household and industrial demands. Governments are investing heavily in natural gas infrastructure as part of efforts to lower their reliance on coal, enhance energy security, and shift towards cleaner fuels, which is fueling the production and uptake of unconventional gas.

Integration of AI, IoT, and Automation: The production of unconventional gas is becoming more efficient with the increase in digital technologies such as automation, artificial intelligence, and the Internet of Things. Smart drilling technologies are being employed by companies to reduce costs, boost production, and minimize their impact on the environment. For instance, companies such as Halliburton are employing autonomous hydraulic fracturing technology in 2024 to reduce emissions and enhance stage efficiency.

What Drives Unconventional Gas Production Growth in North America?

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Global Unconventional Gas Market
Unconventional Gas Market

Report ID: SQMIG10D2052

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