I think the company website posted below says it all.

Plenty of other references on the web with uses from medical to dental and automotive.

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Note added at 31 mins (2014-02-11 15:51:29 GMT)
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Shale gas condensates is correct - take a look here

http://www.shalegaswiki.com/index.php/Natural_gas_condensate...

and here

on http://www.ihs.com

For example:

This release improves the capability of RTA in handling shale gas condensates through a more advanced numerical model, Modified Black Oil. The primary benefit is more reliable reservoir characterization and long-term production forecasting of gas condensates.

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Note added at 40 mins (2014-02-11 16:00:28 GMT)
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This article explains quite well (not too technical) what gas condensates are and where and how they occur.

http://tinyurl.com/nwme5cx

Shale gas is one of the unconventional gas group - shale gas, tight gas and coal bed methane. The "unconventional refers to the rocks they are in, not the gases themselves.

We will probably soon be hearing more about them as the controversy over fracking heats up - this is namely the most practicable method for releasing and extracting them.

Most natural gas deposits are accompanied by condensates in one form or another.

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Note added at 53 mins (2014-02-11 16:13:27 GMT)
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Shale gas condensates are natural gas condensates - you can read more about them here:
http://en.wikipedia.org/wiki/Natural-gas_condensate

Trivia: back in the eighties, I worked on the data processing of a seismic survey recorded to investigate the subsurface before and after the first fracking (hydraulic fracturing) operation ever carried out in Germany.

It seems a bit late to be banning it now, over 300 fracks have been carried out in Germany alone since the nineteen-eighties

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Note added at 1 hr (2014-02-11 17:08:25 GMT)
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Kondensate sind flüssige Kohlenwasserstoffmischungen, die aus Erdölbegleitgas und Erdgas gewonnen werden. Sie bestehen aus Komponenten wie C5-Kohlenwasserstoff oder höheren Kohlenwasserstoffen und besitzen normalerweise einen API-Wert von über 45°.

Erdgas, das aus Schieferformationen produziert wird, bezeichnet man als Shale Gas.

Quelle: http://www.sbo.at/print.php?pageName=58&b=S

An excellent glossary of Oil&Gas drilling terms