Top Unconventional Gas Companies

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 Profile

• 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