WPC Poll: Oil and gas professionals optimistic for the future of unconventional gas
20. Dec. 2011 | [Group,Oil & Gas] |
Oil and gas professionals optimistic for the future of unconventional gas, according to World Petroleum Congress poll
• Delegates at the 20th World Petroleum Congress believe that unconventional gas is a long-term solution to the world’s energy demands
• Poll reveals concern over efforts to encourage future generations to join the sector
• Oil and gas professionals show confidence in future energy supply
Doha, Qatar/Hamburg, Germany – Oil and gas industry professionals see unconventional gas as a long term solution to the world’s energy demands, according to a poll conducted last week by GL Noble Denton, at the 20th World Petroleum Congress in Doha. 57% of participants said that the production of unconventional gas, which includes shale gas and coal bed methane, would help fuel the projected long term growth in global energy consumption, while 43% thought it would not.
Optimism over the future of global energy supply was also displayed in the poll. 86% of participants were confident that the industry will be able to meet estimates for increased global energy consumption, while 14% thought that it would not.
However, the GL Noble Denton Snapshot Poll also revealed the industry’s concern over efforts to attract younger generations into the oil and gas industry, highlighting the sector’s ongoing apprehension about an impending shortage of technical skills across the world. 57% of participants said that companies need to make greater efforts to demonstrate the benefits of a career in the oil and gas industry to young people, while 43% disagreed, believing that companies are now making a more conscious attempt to tackle the issue.
Pekka Paasivaara, Member of the GL Executive Board, said: “The energy industry’s opinion on the future role of unconventional gas has been volatile this year, as the sector continues to debate the profitability and environmental impacts associated with its production.
“The result of this poll shows that these challenges haven’t affected optimism in the belief that unconventional gas and other hydrocarbons will sustain world demand in the years to come, as long as we have the technical resources to deliver increased supply. But, it is also clear from our survey that the industry needs to review the measures it is taking to attract graduates equipped with the necessary skills to cope with the increasing challenges facing the sector.”
The Industry Snapshot Poll was conducted by global independent technical advisor GL Noble Denton during the three days of the World Petroleum Congress in Doha, Qatar, which attracted more than 12,000 industry professionals from across the world. The poll was also completed online by senior professionals from across the industry.