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The Shale Boom

                    Eagle Ford Shale and Bakken Shale




GAS Unlimited Inc                                       gasglobal.com
A Quick Review
      • In 2011, 94% of gas consumed in the U.S. was domestically
        produced

      • The U.S. should be in a position to predominantly consume
        domestic gas for several years

      • Shale development should boost U.S. natural gas production
        nearly 29% in 25 years



      Read more: Shale Gas


GAS Unlimited Inc                                                    gasglobal.com
GAS Unlimited Inc




           Texas

           EAGLE FORD SHALE




gasglobal.com
Eagle Ford Shale
      • 400 miles long and 60 miles wide
      • Spans the Texas-Mexico border out to areas of East Texas
      • The Texas Railroad Commission released numbers that put
        drilling permits issued this year (2012) close to 4300
      • Last year alone over 43,000 jobs were created from Eagle
        Ford Shale activity




GAS Unlimited Inc                                             gasglobal.com
Growing an Economy
      • South, Texas has often been characterized by high
        unemployment and poverty
      • Eagle Ford has generated an “employment boom”
        in the region
      • Recently, San Antonio hosted the “Texas Economic
        Development and Energy Job Fair”
      • Over 800 job seekers attended the event



GAS Unlimited Inc                                       gasglobal.com
Developing Employees
      • Experienced workers as well as those new to the industry
        are interested in relocating to the region
      • The oil and gas industry offers career stability and
        excellent pay especially in a state ranked as the largest oil-
        producer in the U.S.
      • Moreover, the sudden rise in population spurs the growth
        of other sectors
              – Road development, increased utilities, housing, and other service
                related industries



GAS Unlimited Inc                                                               gasglobal.com
Company Expansion
      • Several companies have opened operations to
        accommodate growing activity and investment bringing
        with them hundreds of jobs
              – Halliburton: 1,500 workers
              – Schlumberger: 500 workers
      • Baker Hughes, Weatherford, and Forest Oil Corp. are all
        taking steps to ensure productivity in growth in the region




GAS Unlimited Inc                                                gasglobal.com
GAS Unlimited Inc




                                                Case Study
                                             Pleasanton, Texas
        • 35 miles South of San Antonio                                       •     The town has grown over 30% in 2
                                                                                    years
        • Located in the heart of Eagle                                              – The population is recorded close to
          Ford Shale the town is a “hub”                                                8,600, but is estimated to exceed
          for oil and gas companies                                                     11,500
          invested in the shale formation
        • The town has experienced                                            •     In some locations, rent has nearly
                                                                                    doubled ($ per sq ft/month)
          changes indicative of events
          occurring throughout the entire
                                                                              •     RV parks require a 180-day moratorium
          region
                                                                              •     Sales tax revenues for the year so far
                                                                                    exceed the 2010 total by over $1 million



        http://eaglefordshale.com/news/pleasantons-eagle-ford-shale-location-primes-it-for-growth/

gasglobal.com
GAS Unlimited Inc




           North Dakota

           BAKKEN SHALE




gasglobal.com
Bakken Shale
      • 200,000 sq miles the Bakken Shale stretches under parts of
        Montana, North Dakota, and Saskatchewan
      • Drilling activity in North Dakota has been steadily rising
        for over 6 years
      • Horizontal drilling and hydraulic fracturing helped to
        increase the level of production
      • Recently, North Dakota surpassed Alaska and became the
        2nd largest oil-producing state



GAS Unlimited Inc                                               gasglobal.com
Growing an Economy
      • Unemployment has dropped to under 3% in several
        counties
      • Job openings have outnumbered the jobless 10 to 1 in
        certain areas
      • The region has to overcome several obstacles (climate and
        housing shortages) to attract the number of workers
        needed
      • Some employers have raised wages and offer other
        “bonuses” to attract workers


GAS Unlimited Inc                                              gasglobal.com
Developing Employees
      • Workers are moving to the region from all over the United
        States
      • The region’s growth has been spurred by the use of
        hydraulic fracturing and horizontal drilling cementing the
        state’s position within the industry
      • Employees and development are needed in a variety of
        industry’s to accommodate the growth




GAS Unlimited Inc                                                gasglobal.com
Company Expansion
      • Nakota Development Company based in Jacksonville,
        Florida has opened its first Value Place in the region
      • Enbridge has announced plans to build an oil pipeline to
        carry crude from North Dakota to Superior, Wisconsin
      • ExxonMobil agreed to buy Denbury Onshore’s assets for
        $1.6 billion increasing its acreage and production in the
        Bakken




GAS Unlimited Inc                                                   gasglobal.com
GAS Unlimited Inc




                                                         Case Study
                                                Williston, N. Dakota
                     ‘“We’ve had oil here for 560 years and we’ve had booms and busts. We never had anything as intense as we have now,”...’
                                                                            Quote source




        • Williston is located at the center                                        •      The population has soared from 12,000
                                                                                           to 25,000 in 5 years
          of the shale formation
                                                                                    •      Housing prices have increased and the
        • The shale play was originally                                                    shortage continues despite nearly 4,500
          discovered on property owned                                                     units being built in 2 years
          by a Williston farmer, Henry                                              •      The city estimates it will need about
          Bakken                                                                           $615 million in public works over the
                                                                                           next five years
        • Williston has experience rapid                                            •      Employee shortage exits throughout the
          growth and opportunity due to                                                    cities oil and gas industry but extend to
          Bakken Shale activity                                                            other industries including retail and
                                                                                           medical




        http://www.news-press.com/article/20121009/GREEN/310090003/N-D-town-feels-growing-pains-come-process

gasglobal.com
Challenges and Success
      • Shale development promises to enhance employment opportunities for
        those interested/experienced in the oil and gas industry as well as a
        variety of other professions: real estate, retail, service, etc.
      • The regions most directly affected by shale development experience
        increased opportunities, but face challenges associated with a rapidly
        increasing population
      • Areas where Shale activity is underway or being explored are “hot
        beds” for professionals and companies




GAS Unlimited Inc                                                          gasglobal.com
GAS Unlimited Inc




      Shale Formations            Recent News
      • Eagle Ford:               • U.S. Regulators Struggle to
                                    Police Shale Energy Boom
        www.eaglefordshale.com      Report
      • Bakken Shale:             • U.S. Energy Data Delayed by
        www.bakkenshale.com         Budget Fight: EIA
                                    Report
      • Utica Shale:              • Shale: A Game Changer for
        www.uticashalenews.com      the U.S. Economy
      • Shale Digest:               Report
        www.barnettshalenews.co   • Utica Shale is More Than A
                                    Shale Play
        m                           Report




gasglobal.com
Oil and Gas Career Opportunities
              Visit www.gasunlim.com and check out the latest job
              opportunities

              Resumes can be sent to jobs(at)gasunlim(dot)com




GAS Unlimited Inc                                                   gasglobal.com
Information gathered from:
    N.Dakota Growing
    Emerald Oil Acreage Acquisition
    Enbridge Oil Pipeline
    ExxonMobil Expands Operations
    Seeking Workers in the Oil Patch
    Prosperity and Problems to South Texas
    Pleasanton: Prime Location Eagle Ford
    Shale Attracts Job Seekers
    Eagle Ford Employment Boom




GAS Unlimited Inc                            gasglobal.com
GAS Unlimited Inc
     15999 City Walk Suite 200
      Sugar Land, Texas 77479


Visit Us Online: gasglobal.com

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Shale boomeagleandbakken

  • 1. The Shale Boom Eagle Ford Shale and Bakken Shale GAS Unlimited Inc gasglobal.com
  • 2. A Quick Review • In 2011, 94% of gas consumed in the U.S. was domestically produced • The U.S. should be in a position to predominantly consume domestic gas for several years • Shale development should boost U.S. natural gas production nearly 29% in 25 years Read more: Shale Gas GAS Unlimited Inc gasglobal.com
  • 3. GAS Unlimited Inc Texas EAGLE FORD SHALE gasglobal.com
  • 4. Eagle Ford Shale • 400 miles long and 60 miles wide • Spans the Texas-Mexico border out to areas of East Texas • The Texas Railroad Commission released numbers that put drilling permits issued this year (2012) close to 4300 • Last year alone over 43,000 jobs were created from Eagle Ford Shale activity GAS Unlimited Inc gasglobal.com
  • 5. Growing an Economy • South, Texas has often been characterized by high unemployment and poverty • Eagle Ford has generated an “employment boom” in the region • Recently, San Antonio hosted the “Texas Economic Development and Energy Job Fair” • Over 800 job seekers attended the event GAS Unlimited Inc gasglobal.com
  • 6. Developing Employees • Experienced workers as well as those new to the industry are interested in relocating to the region • The oil and gas industry offers career stability and excellent pay especially in a state ranked as the largest oil- producer in the U.S. • Moreover, the sudden rise in population spurs the growth of other sectors – Road development, increased utilities, housing, and other service related industries GAS Unlimited Inc gasglobal.com
  • 7. Company Expansion • Several companies have opened operations to accommodate growing activity and investment bringing with them hundreds of jobs – Halliburton: 1,500 workers – Schlumberger: 500 workers • Baker Hughes, Weatherford, and Forest Oil Corp. are all taking steps to ensure productivity in growth in the region GAS Unlimited Inc gasglobal.com
  • 8. GAS Unlimited Inc Case Study Pleasanton, Texas • 35 miles South of San Antonio • The town has grown over 30% in 2 years • Located in the heart of Eagle – The population is recorded close to Ford Shale the town is a “hub” 8,600, but is estimated to exceed for oil and gas companies 11,500 invested in the shale formation • The town has experienced • In some locations, rent has nearly doubled ($ per sq ft/month) changes indicative of events occurring throughout the entire • RV parks require a 180-day moratorium region • Sales tax revenues for the year so far exceed the 2010 total by over $1 million http://eaglefordshale.com/news/pleasantons-eagle-ford-shale-location-primes-it-for-growth/ gasglobal.com
  • 9. GAS Unlimited Inc North Dakota BAKKEN SHALE gasglobal.com
  • 10. Bakken Shale • 200,000 sq miles the Bakken Shale stretches under parts of Montana, North Dakota, and Saskatchewan • Drilling activity in North Dakota has been steadily rising for over 6 years • Horizontal drilling and hydraulic fracturing helped to increase the level of production • Recently, North Dakota surpassed Alaska and became the 2nd largest oil-producing state GAS Unlimited Inc gasglobal.com
  • 11. Growing an Economy • Unemployment has dropped to under 3% in several counties • Job openings have outnumbered the jobless 10 to 1 in certain areas • The region has to overcome several obstacles (climate and housing shortages) to attract the number of workers needed • Some employers have raised wages and offer other “bonuses” to attract workers GAS Unlimited Inc gasglobal.com
  • 12. Developing Employees • Workers are moving to the region from all over the United States • The region’s growth has been spurred by the use of hydraulic fracturing and horizontal drilling cementing the state’s position within the industry • Employees and development are needed in a variety of industry’s to accommodate the growth GAS Unlimited Inc gasglobal.com
  • 13. Company Expansion • Nakota Development Company based in Jacksonville, Florida has opened its first Value Place in the region • Enbridge has announced plans to build an oil pipeline to carry crude from North Dakota to Superior, Wisconsin • ExxonMobil agreed to buy Denbury Onshore’s assets for $1.6 billion increasing its acreage and production in the Bakken GAS Unlimited Inc gasglobal.com
  • 14. GAS Unlimited Inc Case Study Williston, N. Dakota ‘“We’ve had oil here for 560 years and we’ve had booms and busts. We never had anything as intense as we have now,”...’ Quote source • Williston is located at the center • The population has soared from 12,000 to 25,000 in 5 years of the shale formation • Housing prices have increased and the • The shale play was originally shortage continues despite nearly 4,500 discovered on property owned units being built in 2 years by a Williston farmer, Henry • The city estimates it will need about Bakken $615 million in public works over the next five years • Williston has experience rapid • Employee shortage exits throughout the growth and opportunity due to cities oil and gas industry but extend to Bakken Shale activity other industries including retail and medical http://www.news-press.com/article/20121009/GREEN/310090003/N-D-town-feels-growing-pains-come-process gasglobal.com
  • 15. Challenges and Success • Shale development promises to enhance employment opportunities for those interested/experienced in the oil and gas industry as well as a variety of other professions: real estate, retail, service, etc. • The regions most directly affected by shale development experience increased opportunities, but face challenges associated with a rapidly increasing population • Areas where Shale activity is underway or being explored are “hot beds” for professionals and companies GAS Unlimited Inc gasglobal.com
  • 16. GAS Unlimited Inc Shale Formations Recent News • Eagle Ford: • U.S. Regulators Struggle to Police Shale Energy Boom www.eaglefordshale.com Report • Bakken Shale: • U.S. Energy Data Delayed by www.bakkenshale.com Budget Fight: EIA Report • Utica Shale: • Shale: A Game Changer for www.uticashalenews.com the U.S. Economy • Shale Digest: Report www.barnettshalenews.co • Utica Shale is More Than A Shale Play m Report gasglobal.com
  • 17. Oil and Gas Career Opportunities Visit www.gasunlim.com and check out the latest job opportunities Resumes can be sent to jobs(at)gasunlim(dot)com GAS Unlimited Inc gasglobal.com
  • 18. Information gathered from: N.Dakota Growing Emerald Oil Acreage Acquisition Enbridge Oil Pipeline ExxonMobil Expands Operations Seeking Workers in the Oil Patch Prosperity and Problems to South Texas Pleasanton: Prime Location Eagle Ford Shale Attracts Job Seekers Eagle Ford Employment Boom GAS Unlimited Inc gasglobal.com
  • 19. GAS Unlimited Inc 15999 City Walk Suite 200 Sugar Land, Texas 77479 Visit Us Online: gasglobal.com