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RAS Global AffairsСША & Канада: экономика – политика – культура USA & Canada: Economics – Politics – Culture

  • ISSN (Print) 26866730
  • ISSN (Online) 3034-6045

Lessons of the US Shale Revolution

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PII
S2686673025010057-1
DOI
10.31857/S2686673025010057
Publication type
Article
Status
Published
Authors
Nikolay Ivanov
  • Occupation: Cand. Sci. (Economics), project director; Associate Professor of the Department of International Oil and Gas Business
  • Affiliation:
    FGBU REA of the Ministry of Energy of Russia
    Gubkin University
Nina Poussenkova
  • Occupation: Cand. Sci. (Economics), Senior Researcher; Expert of the ENERPO program
  • Affiliation:
    Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO RAS)
    European University at St. Petersburg
Volume/ Edition
Volume / Issue number 1
Pages
91-111
Abstract
Shale hydrocarbons are found in many regions of the world; however, they are currently produced on a commercial scale only in the U.S. The authors study the resilience of U.S. shale production to external challenges and its key success factors. The two-decade history of the shale revolution demonstrates that, due to unique characteristics such as adaptability, entrepreneurial spirit, and innovativeness, U.S. oil companies have been able to weather all crises that hit the shale sector. Besides, other important success factors include state policies that have created an attractive investment climate, the diverse structure of the sector where supermajors, big, mid-size and small companies operate thus creating powerful synergies through their varied strengths. Of particular significance is the outstanding R&D potential and rapid commercialization of innovations, which have led to cost reductions and efficiency gains. This unique combination of success factors is unlikely to be replicated in other countries, ensuring that the shale sector in the U.S. will continue to actively develop in the foreseeable future.
Keywords
сланцевый газ нефть плотных коллекторов добыча сланцевых углеводородов в США гидроразрыв пласта горизонтальное бурение технологический прогресс энергетическая политика США нефтяные компании себестоимость добычи слияния и поглощения
Date of publication
17.09.2025
Year of publication
2025
Number of purchasers
0
Views
15

References

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