The Shale Gas Revolution: Global Implications in a Changing Energy Landscape
|
|
- Jacob Carr
- 5 years ago
- Views:
Transcription
1 The Shale Gas Revolution: Global Implications in a Changing Energy Landscape Shale Gas World Europe 2013 Expo XXI Centre, Warsaw, Poland November 26-28, 2013 Dr Basim Faraj VP New Ventures Tamboran Resources Calgary, Alberta
2 Agenda Outline Introduction to Tamboran Resources Shale an overview The US Shale Revolution Can they be replicated elsewhere? Geopolitical and Economic Implications Summary 2
3 Tamboran s Global Interests NW Carboniferous Basin Northern Ireland and Ireland 0.4 million acres Tamboran holds permits and applications for over 32 million acres of rights prospective for unconventional oil and gas Ngalia Basin 3.6 million acres Beetaloo & McArthur Basins 6.3 million acres Gemsbok Basin, Botswana 13.2 million acres Officer Basin 4.5 million acres Pedirka Basin 3.8 million acres 3
4 Shale Gas Share of Total US Gas Production 4
5 Daily Production (BCF) Shale Gas is a Revolution and a Game Changer! 12 Shale Gas accounts for 41% (29 bcf/d) of Total US 2013 Production 2.1 times the total 2011 Canadian gas annual production 6.6 times of total 2011 Australian annual gas production 5.6 times Qatar production in Average Wellhead Price Marcellus Haynesville Barnett Fayetteville Average Wellhead Price (USD/mmcf) 2 Eagle Ford 2 0 Jan 2008 Jan 2009 Jan 2010 Jan 2011 Jan 2012 Jan
6 Rapid Increase in Oil Production from Shale and Other Tight Resources shale and tight oil production million barrels per day Source: EIA based on DrillingInfo and LCI Energy Insight Adam Sieminski, NY Energy Forum, October 29, 2013
7 World Petroleum Resources Jarvie, 2012
8 World Class Shale Discoveries Chesapeake Energy, 2012 Annual Report
9 Global Energy Mix Through Time 80% Fossil Fuel! Wood Coal Oil Gas ExxonMobil 2011 outlook to Energy- A view to
10 Shale Gas Reservoirs Micro-Texture (Haynesville Shale) pores < 5 µm (4110 m depth) Barnett Shale pores ~ 5 µm (1280 m depth) 15 µm 20 µm Micrographs are from Core Lab Consortium, 2013
11 Distribution of Generative Organic Carbon Type I TOC (wt.%) Generative Organic Carbon (wt.%) Spent TOC Non-Generative Organic Carbon (wt.%) Type II TOC (wt.%) Generative Organic Carbon (wt.%) Spent TOC Non-Generative Organic Carbon (wt.%) Type III Generative Organic Carbon (wt.%) Spent TOC (wt.%) TOC Non-Generative Organic Carbon (wt.%) after Daly and Edman,
12 Permeability Terminology Tighter than Tight Tight Conventional Extremely Tight Very Tight Tight Low Moderate High Granite Montney Good Shale Barnett Permeability (md) 0 % porosity Limestone Sidewalk Cement General oilfield rocks Modified by B. Faraj after DOE,
13 If There is A Well, There is a Way! Encana website, 2011
14 Microseismic Monitoring is Essential for Shale Completions! ~ 10% recovery N SPE Presentation, Faraj and Brown, 2009
15 Shale Microseismic (Density of fracturing) Recovery: 60 %! 2,000 ft
16 Significant Improvements Over Time Total Well Cost, Average Lateral Length, Average IP vs Time 5,000 4,985 Average IP (Mcf/d) Average Lateral Length (Ft) 4,000 3,000 2,000 1,000 2,104 1,261 $2.6 2,512 1,497 2,622 1,769 3,193 2,027 3,301 2,343 3,562 2,541 3,736 2,882 3,850 3,874 3,350 2,992 4,123 4,100 3,611 3,604 4,303 4,348 3,727 3,197 $2.9 $3.0 $3.0 $2.9 $2.8 $3.0 $3.1 $3.1 $2.9 $2.9 $3.0 $2.8 4,532 4,503 3,449 $3.1 3,281 4,667 3,472 3,231 Lateral length increased by 2.5 times (and frac size increased by over 6 times), while production rates tripled, all while keeping wells costs flat during a period of significant service cost increases $2.8 $2.7 $2.8-1Q07 3Q07 1Q08 3Q08 1Q09 3Q09 1Q10 3Q10 1Q11 Total Well Cost ($MM) Average Lateral Length (ft) Average IP Rate (Mcf/d) Source: Modified from Southwestern Energy Presentations and Press Releases (Fayetteville Shale), 2009
17 Shale Oil/Gas Production Decline Barnett Gas Eagle Ford Sweet Spot Oil (1350 scf/stb) Barnett Oil Bakken Oil Jarvie, 2012
18 Should Arabia Explore for Shale? Play Gas In Place Est. (TCF) Barnett 2,100 Eagle Ford 2,100 Haynesville 1,800 Marcellus 4,700 Montney 5,700 Total 16,400 Tamboran Estimate modified from Deloitte LLP and Core Lab, 2013 Sources: US EIA 2013, US DOE 2009, Encana 2009, USGS, OilandGasInfrastructure.com 18
19 Ground Water is Safe CSUR website, 2013
20 8000 ft 5000 ft Frac Height Growth Data from US Shale Plays Aquifers After Fisher and Warpinski, 2011, SPE paper
21 Shale Gas Production Reduces Greenhouse Gases! Reduction of about 1 billion metric tons! CO 2 Emissions are back to their 1994 level! EIA website, 2013
22 The Return of Long Term Cheap Gas to the US EIA and Hector van Vierssen Trip, 2013 CSUR presentation
23 mtpa LNG Opportunities for Natural Gas are Strong The LNG supply challenge LNG trade (forecast) Supplydemand gap 175 mtpa Australia Qatar Supply: existing and under construction Source: BG Group interpretation of Wood Mackenzie data (Aug 2012) Huge LNG demand growth gap needs to be supplied 6
24 Impact of Unconventional Resources on US Economy Year/Output Total Upstream CAPEX US $ Billion Unconventional Activity Employment Value added by unconventional US $ Billion Million 2.9 Million 3.5 Million Source: The Recent Surge in Unconventional Oil and Gas Production and Its effect in the US (Jerry Eumont, IHS, CSUR Conference Canada, October 9, 2013) About 153 billion savings in gas price in 2012 alone!
25 Shale Gas Geopolitical Implications! "It has freed up our foreign policy, it has changed our global leadership on reducing carbon in the atmosphere, and it has revitalized our economy, "(Shale gas) has freed us up in order to identify what our vital interests are in the Middle East, as opposed to being drawn into aspects that would normally not be of core interest to the United States, American factories have added 500,000 manufacturing jobs in the last 2 years, the first sustained growth in that sector since the 1990s. The shale gas revolution is probably the biggest development in the energy sector since the North Sea came on line in the seventies. (Jeffrey Bleich, the US ambassador to Australia. The Australia Newspaper, September 6, 2013).
26 Summary Unique set of factors have enabled rapid growth of supply in the US to a point where export of oil and gas from the US is feasible. The economic competitive advantage offered by cheap gas in the US for manufacturing industries could be a significant driver of economic growth in the US for the next few decades. Opportunities exist to take the lessons learnt from North American shale plays to other countries where markets and infrastructure may not be as well developed. Europe need the clean energy desperately. Shale has surprised everyone to date and will continue to surprise going forward ( internet equivalent in energy Jack Welsh 2012) It is the responsibility of the media to ensure the flow of accurate and first-hand information about shale gas and shale oil
Shale Gas & Oil: Global Implications for our Energy Future
Shale Gas & Oil: Global Implications for our Energy Future Dr Basim Faraj Faraj Consultants Pty Ltd Brisbane, Australia Petroleum Exploration Society of Australia (PESA) (Queensland Branch) Hilton Hotel
More informationP R E PA R E D B Y C O L I N J O R D A N R E V I E W E D B Y G E O F F B A R K E R A N D B R U C E G U N N
Evaluating Australian unconventional gas use and misuse of north American analogues P R E PA R E D B Y C O L I N J O R D A N R E V I E W E D B Y G E O F F B A R K E R A N D B R U C E G U N N RISC ADVISORY
More informationDrilling Deeper: A Reality Check on U.S. Government Forecasts for a Lasting Tight Oil & Shale Gas Boom. Web Briefing December 9, 2014
Drilling Deeper: A Reality Check on U.S. Government Forecasts for a Lasting Tight Oil & Shale Gas Boom Web Briefing December 9, 214 J. David Hughes Post Carbon Institute Global Sustainability Research
More informationShale Gas - From the Source Rock to the Market: An Uneven pathway. Tristan Euzen
Shale Gas - From the Source Rock to the Market: An Uneven pathway Tristan Euzen Shale Gas Definition Seal Conventional Oil & Gas Tight Gas Source Rock Reservoir (Shale Gas) Modified from Williams 2013
More informationShale Gas - Transforming Natural Gas Flows and Opportunities. Doug Bloom President, Spectra Energy Transmission West October 18, 2011
Fort Nelson Gas Plant, British Columbia Shale Gas - Transforming Natural Gas Flows and Opportunities Doug Bloom President, Spectra Energy Transmission West October 18, 2011 Natural Gas Golden Age Natural
More informationA Global Perspective for IOR and Primary in Unconventional Tight Oil and Gas Reservoirs. Richard Baker May-13
A Global Perspective for IOR and Primary in Unconventional Tight Oil and Gas Reservoirs Richard Baker May-13 1 Conclusions 1. There has been tremendous growth in tight oil and gas rates and reserves. 2.
More informationConventional and Unconventional Oil and Gas
Conventional and Unconventional Oil and Gas What is changing in the world? Iain Bartholomew, Subsurface Director Siccar Point Energy Discussion outline 1. Conventional oil and gas - E&P life-cycle - How
More informationThe Impact of U.S. Shale Resources: A Global Perspective
The Impact of U.S. Shale Resources: A Global Perspective by Svetlana Ikonnikova Scott Tinker March 3, 2017 Outline Global Perspective U.S. Shale Resource Studies Implications Affordable Available Reliable
More informationWinter U.S. Natural Gas Production and Supply Outlook
Winter 2010-11 U.S. Natural Gas Production and Supply Outlook Prepared for Natural Gas Supply Association by: ICF International Fairfax, Virginia September, 2010 Introduction This report presents ICF s
More informationUnconventional Oil & Gas: Reshaping Energy Markets
Unconventional Oil & Gas: Reshaping Energy Markets Guy Caruso Senior Advisor JOGMEC Seminar 7 February 2013 Landscape is Changing Even as We Sit Here Today - US Projected to reach 90% Energy Self-Sufficiency
More informationAIChE: Natural Gas Utilization Workshop Overcoming Hurdles of Technology Implementation
AIChE: Natural Gas Utilization Workshop Overcoming Hurdles of Technology Implementation Natural Gas in the United States: An Overview of Resources and Factors Affecting the Market November 2, 216 Justin
More informationUnconventional Oil and Gas Reservoirs
Energy from the Earth Briefing Series, Part 4 May, 2014 Unconventional Oil and Gas Reservoirs Scott W. Tinker Bureau of Economic Geology Jackson School of Geosciences, The University of Texas at Austin
More informationGlobal energy markets
For Woodrow Wilson Center Global Energy Forum September 21, 215 Washington, DC by Adam Sieminski, Administrator U.S. Energy Information Administration U.S. Energy Information Administration Independent
More informationDUAL PLENARY SESSION: FUTURE OUTLOOK FOR OIL & GAS PRODUCTION. North American Natural Gas Outlook
DUAL PLENARY SESSION: FUTURE OUTLOOK FOR OIL & GAS PRODUCTION United States Association for Energy Economics North American Natural Gas Outlook November 5, 212 R. Dean Foreman, Ph.D. Chief Economist Talisman
More informationThe SPE Foundation through member donations and a contribution from Offshore Europe
Primary funding is provided by The SPE Foundation through member donations and a contribution from Offshore Europe The Society is grateful to those companies that allow their professionals to serve as
More informationThe Unconventional Reservoirs Revolution and the Rebirth of the U.S. Onshore Oil & Gas Industry
The Unconventional Reservoirs Revolution and the Rebirth of the U.S. Onshore Oil & Gas Industry Feb. 19, 2013 Cautionary Statement The following presentation includes forward-looking statements. These
More informationWinter U.S. Natural Gas Production and Supply Outlook
Winter 2012-13 U.S. Natural Gas Production and Supply Outlook Prepared for Natural Gas Supply Association by: ICF International Fairfax, Virginia September, 2012 Introduction This report presents ICF s
More informationNatural Gas. Smarter Power Today. Perspectives on the Future of Regulatory Policy Illinois State University. Springfield, IL October 25, 2012
Natural Gas Smarter Power Today. Perspectives on the Future of Regulatory Policy Illinois State University Springfield, IL October 25, 2012 ANGA Members 2 ABUNDANCE & PRICE STABILITY The Shale Gas Revolution
More informationStatus and outlook for shale gas and tight oil development in the U.S.
Status and outlook for shale gas and tight oil development in the U.S. for Energy Symposium, University of Oklahoma, Price College Energy Institute Norman, OK by Adam Sieminski, Administrator U.S. Energy
More informationSAMPLE. US Shale. Insight Report
US Shale Insight Report 2013 www.eic-consult.com Contents Page Outlook and Executive Summary 8-15 Shale Operations and Technology 16-24 Shale Economics and International LNG Markets 25-37 Major Shale Plays
More informationTrends, Issues and Market Changes for Crude Oil and Natural Gas
Trends, Issues and Market Changes for Crude Oil and Natural Gas East Iberville Community Advisory Panel Meeting Syngenta September 26, 2012 Center for Energy Studies David E. Dismukes, Ph.D. Center for
More informationNatural Gas. Tuesday, May 1, 2012; 4:00 PM 5:15 PM
Natural Gas Tuesday, May 1, 2012; 4:00 PM 5:15 PM Moderator: Joel Kurtzman, Senior Fellow and Executive Director of the Center for Accelerating Energy Solutions, Milken Institute Speakers: Ralph Eads,
More informationWorld and U.S. Oil and Gas Production and Price Outlook: To Infinity (or at least 2050) and Beyond
World and U.S. Oil and Gas Production and Price Outlook: To Infinity (or at least 25) and Beyond Energy and Environment Symposium April 18, 218 Rifle, Colorado by Troy Cook, Senior Global Upstream Analyst,
More informationThe Really Big Game Changer: Crude Oil Production from Shale Resources and the Tuscaloosa Marine Shale
The Really Big Game Changer: Crude Oil Production from Shale Resources and the Tuscaloosa Marine Shale Baton Rouge Chamber of Commerce Regional Stakeholders Breakfast June 27, 2012 Center for Energy Studies
More informationU.S. Natural Gas A Decade of Change and the Emergence of the Gas-Centric Future
AIChE Alternative Natural Gas Applications Workshop U.S. Natural Gas A Decade of Change and the Emergence of the Gas-Centric Future Francis O Sullivan October 8 th, 214 1 Natural gas The new unconventional
More informationSHALE DEVELOPMENT TRENDS AND IMPLICATIONS ON VALVE NEEDS JOHN D. SELDENRUST, VICE PRESIDENT-ENGINEERING & CONSTRUCTION
SHALE DEVELOPMENT TRENDS AND IMPLICATIONS ON VALVE NEEDS JOHN D. SELDENRUST, VICE PRESIDENT-ENGINEERING & CONSTRUCTION WHAT IS UNCONVENTIONAL GAS? Gas that is more difficult or less economical to extract
More informationNatural Gas Abundance: The Development of Shale Resource in North America
Natural Gas Abundance: The Development of Shale Resource in North America EBA Brown Bag Luncheon Bracewell & Giuliani Washington, D.C. February 6, 2013 Bruce B. Henning Vice President, Energy Regulatory
More informationWood Mackenzie Gas Market Outlook
Wood Mackenzie Gas Market Outlook Southern Gas Association April 20, 2009 Amber McCullagh Short-Term Outlook 2008 markets were volatile as underlying fundamentals shifted rapidly Three primary phases:
More informationEdward P. Cross, P.G., M.B.A. President Kansas Independent Oil & Gas Association. Cowley County Economic Forum Arkansas City, Kansas October 20, 2011
Energy Security for America Edward P. Cross, P.G., M.B.A. President Kansas Independent Oil & Gas Association Cowley County Economic Forum Arkansas City, Kansas October 20, 2011 Energy Independence Nixon
More informationOil and gas outlook. For New York Energy Forum October 15, 2015 New York, NY. By Adam Sieminski, Administrator. U.S. Energy Information Administration
Oil and gas outlook For New York Energy Forum New York, NY By Adam Sieminski, Administrator U.S. Energy Information Administration U.S. Energy Information Administration Independent Statistics & Analysis
More informationOil and Gas in 2018: Markets, Spending, Projects. Bob Tippee Editor, Oil & Gas Journal Rice Global E&C Forum March 9, 2018
Oil and Gas in 2018: Markets, Spending, Projects Bob Tippee Editor, Oil & Gas Journal Rice Global E&C Forum March 9, 2018 For discussion Oil and gas markets will have a transformative year OPEC wants to
More informationGas and Crude Oil Production Outlook
Gas and Crude Oil Production Outlook COQA/CCQTA Joint meeting October 3-31, 214 San Francisco, California By John Powell Office of Petroleum, Natural Gas, and Biofuels Analysis U.S. Energy Information
More informationEnergizing America: Facts for Addressing Energy Policy. Rayola Dougher API Senior Economic Advisor,
Energizing America: Facts for Addressing Energy Policy Rayola Dougher API Senior Economic Advisor, dougherr@api.org 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 1970 1975 1980 1985 1990 1995 2000
More informationEnerCom's London Oil & Gas Conference 16 June 2011 London, England Danny D. Simmons
Overview of Shale Plays EnerCom's London Oil & Gas Conference 16 June 2011 London, England Danny D. Simmons Daily Gas Production (BCFD) Barnett Shale Historical Gas Production Rig Count 6.0 300 5.0 Gas
More informationU.S. Shale Gas in Context
U.S. Shale Gas in Context Overview of U.S. Natural Gas production and trends For National Conference of State Legislatures Natural Gas Policy Institute September 9, 215 Pittsburgh, Pennsylvania By Grant
More informationThe Impact of Shale on North American and Global Gas Markets
Southern Gas Association February, 2014 The Impact of Shale on North American and Global Gas Markets Scott W. Tinker John Browning, Svetlana Ikonnikova, Gürcan Gülen, Eric Potter, Frank Male, Qilong Fu,
More informationEnergy Markets. U.S. Energy Information Administration. for Center on Global Energy Policy, Columbia University November 20, 2015 New York, New York
Energy Markets for Center on Global Energy Policy, Columbia University New York, New York by Adam Sieminski, Administrator U.S. Energy Information Administration U.S. Energy Information Administration
More informationGary Weilinger, Vice President, Strategic Development and External Affairs September 8, 2011
Fort Nelson Gas Plant, British Columbia The Future and Evolution of LNG Markets Gary Weilinger, Vice President, Strategic Development and External Affairs September 8, 2011 Fort Nelson Gas Plant, British
More informationAnnual Energy Outlook 2017
Annual Energy Outlook 217 Valve Manufacturers Association of America VMA Technical Seminar 217 March 2, 217 Nashville, TN By, Director, Office of Integrated and International Energy Analysis U.S. Energy
More informationEnergy Markets. U.S. Energy Information Administration. for. October 29, 2015 Golden, Colorado. by Adam Sieminski, Administrator
Energy Markets for The Payne Institute for Earth Resources at the Colorado School of Mines Golden, Colorado by Adam Sieminski, Administrator U.S. Energy Information Administration U.S. Energy Information
More informationOil and natural gas: market outlook and drivers
Oil and natural gas: market outlook and drivers for American Foundry Society May 18, 216 Washington, DC by Howard Gruenspecht, Deputy Administrator U.S. Energy Information Administration Independent Statistics
More informationThe Outlook for Energy
The Outlook for Energy a view to 23 New York Energy Forum June 16, 211 Tom Eizember Planning Manager, Corporate Strategic Planning This presentation includes forward-looking statements. Actual future conditions
More informationMajor Challenges for Gas: What Can be Expected for Mexico?
Major Challenges for Gas: What Can be Expected for Mexico? Gas Future Forum, Mexico, April 3, 2014 BEG/CEE UT, 1 Overall Observations Resources Reserves Deliverability Deliverability is key Sweet spot
More informationU.S. natural gas and LNG exports
U.S. natural gas and LNG exports For Hudson Institute Washington DC April 6, 216 By Victoria Zaretskaya Office of Petroleum, Natural Gas, and Biofuels Analysis U.S. Energy Information Administration Independent
More informationShale Gas and U.S. LNG Exports. Vienna, January 29, 2013 Jean Abiteboul President, Cheniere Supply & Marketing
Shale Gas and U.S. LNG Exports Vienna, January 29, 2013 Jean Abiteboul President, Cheniere Supply & Marketing Forward Looking Statements This presentation contains certain statements that are, or may be
More informationGlobal Unconventional Potential at $50 Oil What are you missing? August 2017 Ian Cockerill
Global Unconventional Potential at $50 Oil What are you missing? August 2017 Ian Cockerill Presentation Outline GLOBAL PERSPECTIVE NORTH AMERICAN PERSPECTIVE PLAY PERSPECTIVE PLAY MAPPING QUANTIFICATION
More informationSYLLABUS. Course: Shale Gas & LNG Spring 2013 Time: 1:00p-2:30p TTh Location: Room 215 TU2
SYLLABUS Course: Shale Gas & LNG Spring 2013 Time: 1:00p-2:30p TTh Location: Room 215 TU2 Professor Susan L. Sakmar slsakmar@central.uh.edu Cell: 415-272-4691 Office: 713-743-0933 Office: 132-TUII Office
More informationShale Plays. Baker Hughes. Adam Anderson, VP, US Land Operations Completions Fred Toney, VP, Pressure Pumping Services.
Shale Plays Baker Hughes Houston, Texas Adam Anderson, VP, US Land Operations Completions Fred Toney, VP, Pressure Pumping Services 2010 Baker Hughes Incorporated. All Rights Reserved. Forward Looking
More informationRegional energy challenges in New England and Eastern Canada
Regional energy challenges in New England and Eastern Canada For 39 th Annual Conference of New England Governors and Eastern Canadian Premiers () August 31, 2015 St. John s By Adam Sieminski Energy Information
More informationUnconventional Oil and Gas Reservoirs Mountain or Molehill?
ASPO November, 2012 Unconventional Oil and Gas Reservoirs Mountain or Molehill? Scott W. Tinker Bureau of Economic Geology Jackson School of Geosciences The University of Texas at Austin Population (millions)
More informationShale Gas. A Game Changer for U.S. and Global Gas Markets? Flame European Gas Conference March 2, 2010, Amsterdam. Richard G. Newell, Administrator
Shale Gas A Game Changer for U.S. and Global Gas Markets? Flame European Gas Conference March 2, 2010, Amsterdam Richard G. Newell, Administrator Richard Newell, March SAIS, December 2, 2010 14, 2009 1
More informationU.S. oil and natural gas outlook
U.S. oil and natural gas outlook New York, NY By Adam Sieminski, EIA Administrator U.S. Energy Information Administration Independent Statistics & Analysis www.eia.go v The U.S. has experienced a rapid
More informationDRILLING DEEPER A REALITY CHECK ON U.S. GOVERNMENT FORECASTS FOR A LASTING TIGHT OIL & SHALE GAS BOOM J. DAVID HUGHES
DRILLING DEEPER A REALITY CHECK ON U.S. GOVERNMENT FORECASTS FOR A LASTING TIGHT OIL & SHALE GAS BOOM J. DAVID HUGHES DRILLING DEEPER A Reality Check on U.S. Government Forecasts for a Lasting Tight Oil
More informationEnergy Prospectus Group
Energy Prospectus Group Founded in 2001 Current Membership is 530 We have members in 38 states and eight countries ~ 60% of our members live in Texas Mission is to help our members make money Luncheons
More informationThe Energy Consortium Recent Developments and the Outlook for Natural Gas in the Northeast. John R. Bitler October 20, 2010
The Energy Consortium Recent Developments and the Outlook for Natural Gas in the Northeast John R. Bitler October 20, 2010 Northeast Overview Traditional Sources of Supply Gulf Coast Western Canada (WCSB)
More informationFrom the four pillar of success to the
The shale oil & gas american revolution From the four pillar of success to the four leverages of exportation. By Philippe Charlez Total Exploration Production thias / Total Kuch Latt US oil & gas production
More informationShale Gas Report Ed 1, 2011
Market Intelligence Shale Gas Report Ed 1, 2011 Shale gas has been a game changer in the US changing the country from being reliant on imports for the foreseeable future to being able to meet demand from
More informationGas Shales Drive the Unconventional Gas Revolution
Gas Shales Drive the Unconventional Gas Revolution Prepared By: Vello A. Kuuskraa, President ADVANCED RESOURCES INTERNATIONAL, INC. Arlington, VA Prepared for: Washington Energy Policy Conference The Unconventional
More informationHydraulic Fracturing Emerging Issues in North America
Hydraulic Fracturing Emerging Issues in North America University of Sao Paulo, SP, Brazil Allan Ingelson Executive Director, Canadian Institute of Resources Law & Associate Professor, Faculty of Law, University
More informationLatest insights in shale gas technology and environmental impacts
Latest insights in shale gas technology and environmental impacts Jan ter Heege TNO Petroleum Geosciences, the Netherlands EERA Shale Gas JP Knowledge Sharing Event, Krakow, 03.12.2015 Part of this presentation
More informationBHP Billiton Petroleum Onshore US shale briefing. J. Michael Yeager Group Executive and Chief Executive, Petroleum 14 November 2011
BHP Billiton Petroleum Onshore US shale briefing J. Michael Yeager Group Executive and Chief Executive, Petroleum 14 November 2011 Disclaimer Reliance on Third Party Information The views expressed here
More informationThe Shale Gas Revolution
The Shale Gas Revolution Lucian Pugliaresi Energy Policy Research Foundation, Inc. Presentation on behalf of the Japan Oil, Gas, and Metals Corporation Tokyo February 2, 2010 1 January 28, 2010 Davos,
More informationNorth American Midstream Infrastructure Through 2035 A Secure Energy Future. Press Briefing June 28, 2011
North American Midstream Infrastructure Through 2035 A Secure Energy Future Press Briefing June 28, 2011 Disclaimer This presentation presents views of ICF International and the INGAA Foundation. The presentation
More informationUNDERSTANDING NATURAL GAS MARKETS. Mohammad Naserifard MSc student of Oil & Gas Economics at PUT Fall 2015
UNDERSTANDING NATURAL GAS MARKETS Mohammad Naserifard MSc student of Oil & Gas Economics at PUT Fall 2015 Table of Contents 3 Overview Natural Gas is an Important Source of Energy for the United States.
More informationTIGHT OIL/ SHALE GAS REVOLUTION. RICE Global E&C Forum - March 19, 2013
TIGHT OIL/ SHALE GAS REVOLUTION RICE Global E&C Forum - March 19, 213 GLOBAL OIL & GAS RESOURCES SOURCE: TOTAL Global resources Liquids Gas ~3,5 Gb ~2,5 Gboe 1 Oil shale Unconventional resources ** 8 35
More informationThe Outlook for the Global LPG Market
The Outlook for the Global LPG Market International LP Gas Seminar 213 Ken Otto February 28, 212 Dai-Ichi Hotel Tokyo, Japan 212, IHS Inc. No portion of this presentation may be reproduced, reused, or
More informationThe Unconventional Oil and Gas Market Outlook
The Unconventional Oil and Gas Market Outlook The future of oil sands, shale gas, oil shale and coalbed methane Report Price: $2875 Publication Date: July 2010 E N E R G Y The Unconventional Oil and Gas
More informationShale Gas and the Outlook for U.S. Natural Gas Markets and Global Gas Resources
Shale Gas and the Outlook for U.S. Natural Gas Markets and Global Gas Resources Organization for Economic Cooperation and Development (OECD) Richard Newell, Administrator June 21, 2011 Paris, France U.S.
More informationThomas A. Petrie, CFA Petrie Partners, Chairman
Spring Symposium Austin, TX February 10, 2017 The Future of the Oil and Gas Industry: Peak Oil or Peak Demand What s on the Horizon? Thriving in the New Commodity Price Dynamic Thomas A. Petrie, CFA Petrie
More informationNorth American Gas: A dynamic environment. Josh McCall BP North American Gas and Power November 16, 2011
North American Gas: A dynamic environment Josh McCall BP North American Gas and Power November 16, 2011 Disclaimer Copyright BP Energy Company. All rights reserved. Contents of this presentation do not
More informationGas Market Report 2017
Gas Market Report 2017 Peter Fraser, Head of the Gas Coal and Power Markets Division Norwegian Ministry of Petroleum and Energy, Oslo, 5 th September 2017 IEA Gas in today s world The contribution of gas
More informationUnconventional Resources: The First Revolution of the 21 st Century
Pine Brook Annual Meeting, October 22, 2013 Unconventional Resources: The First Revolution of the 21 st Century Presentation by Howard Newman Today s Topics Setting the Stage The Return of Petro America:
More informationEnergy from Shale: Opportunities, Challenges, and Policy Implications
Energy from Shale: Opportunities, Challenges, and Policy Implications Shale Answers Rayola Dougher API Senior Economic Advisor, dougherr@api.org 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 1970 1975
More informationENVIRONMENT AND ENERGY BULLETIN
ENVIRONMENT AND ENERGY BULLETIN Vol. 3 No. 2 June 2011 Editor: Jock A. Finlayson THE NATURAL GAS STORY Both globally and in North America, natural gas is poised to play a bigger role in meeting the energy
More informationNatural Gas The Natural Choice Now.
Natural Gas The Natural Choice Now. About ANGA ANGA is dedicated to increasing the understanding of the environmental, economic and national security benefits of clean, abundant, dependable and efficient
More informationFundamentals. Summer 2018
Fundamentals Summer 2018 Cautionary statements Forward-looking statements The information in this presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act
More informationUnconventional Resources Technology Creating Opportunities and Challenges. Alberta Government Workshop
Unconventional Resources Technology Creating Opportunities and Challenges Alberta Government Workshop Alberta Government Technology Workshop Welcome The goal of this workshop is to provide an overview
More informationThe New Superpower : Emerging Supplies of Gas Liquids from the United States
The New Superpower : Emerging Supplies of Gas Liquids from the United States Lucian Pugliaresi President Energy Policy Research Foundation, Inc. Washington, DC Energy Policy Research Foundation, Inc. 1031
More informationNavigating through the energy landscape.
Navigating through the energy landscape. Baton Rouge Rotary Club Luncheon, May 24, 2017. David E. Dismukes, Ph.D. Executive Director & Professor Center for Energy Studies Louisiana State University Professor
More informationAlberta s Energy Markets: Opportunities and Challenges. Paul Tsounis Alberta Department of Energy Economics and Markets Branch June 2012
1 Alberta s Energy Markets: Opportunities and Challenges Paul Tsounis Alberta Department of Energy Economics and Markets Branch June 2012 Key Issues of the Day Uncertainties in Europe Greek elections GDP
More informationTennessee Gas Pipeline Co, L.L.C. Northeast Energy and Commerce Association September 27, 2012
Tennessee Gas Pipeline Co, L.L.C. Northeast Energy and Commerce Association September 27, 2012 The Kinder Morgan System 4 th largest energy company in North America Enterprise value ~ $95 billion Largest
More informationUnconventional Resources: Turning Conventional Paradigms Upside Down
Unconventional Resources: Turning Conventional Paradigms Upside Down Richard Richard Chuchla Chuchla Senior Senior Corporate Corporate Strategic Strategic Advisor Advisor Exxon Exxon Mobil Mobil Corporation
More informationGulf Coast Energy Outlook: Addendum.
Gulf Coast Energy Outlook: Addendum. Addendum accompanying whitepaper. See full whitepaper here. David E. Dismukes, Ph.D. Gregory B. Upton, Jr., Ph.D. Center for Energy Studies Louisiana State University
More informationUNCONVENTIONAL GAS RESOURCES
UNCONVENTIONAL GAS RESOURCES Exploration, Development and Planning Support Services RPS is an international consultancy providing world-class local solutions in energy and resources, infrastructure, environment
More informationThomas A. Petrie, CFA Petrie Partners, Chairman
Dallas, TX March 1, 2017 Scoping 21 st Century Energy Geopolitics Thomas A. Petrie, CFA Petrie Partners, Chairman Topics Today s Realities Global Perspective on New Production Sources Opportunities vs
More informationWhat s Going on With Energy? How Unconventional Oil & Gas Development is Impacting Renewables, Efficiency, Power Markets and All That Other Stuff
What s Going on With Energy? How Unconventional Oil & Gas Development is Impacting Renewables, Efficiency, Power Markets and All That Other Stuff Atlanta Economics Club Monthly Meeting December 10, 2012
More informationThe US shale revolution Implications for the North American energy markets
The US shale revolution Implications for the North American energy markets NOG/Folk och Forsvar seminar Stockholm, 19 February, 13 Tor Kartevold Senior adviser Statoil The US shale revolution Outline focus
More informationENERGY TRENDS: WHY JOBS, CAPITAL INVESTMENT & TRADE ARE HEATING UP
ENERGY TRENDS: WHY JOBS, CAPITAL INVESTMENT & TRADE ARE HEATING UP Tanya Bodell, Executive Director, Energyzt Once reigning as the King of Coal, the United States is now referred to as the Saudi Arabia
More informationEconomic Determinants of the Global Natural Gas Balance*
Economic Determinants of the Global Natural Gas Balance* Kenneth B. Medlock III 1 Search and Discovery Article #70104 (2011) Posted July 26, 2011 *Adapted from oral presentation at AAPG Annual Convention
More informationUnconventional Gas: Efficient and Effective Appraisal and Development. Jeff Meisenhelder VP Unconventional Resources
Unconventional Gas: Efficient and Effective Appraisal and Development Jeff Meisenhelder VP Unconventional Resources Million Cubic Feet The Barnett Story Perserverence and Technology Make the Difference
More informationGas Market Report 2017
Gas Market Report 2017 Center on Global Energy Policy, Columbia/SIPA Columbia Club, 13 July 2017 IEA Gas in today s world q The contribution of gas Versatile fuel within the energy system, helping to address
More informationNatural Gas Outlook and Drivers
Natural Gas Outlook and Drivers November 2012 33% BENTEK Energy 5% 40% Who We Are Based in Evergreen, CO 120 People 400+ Customers Subsidiary of McGraw-Hill/Platts 22% What We Do Collect, Analyze and Distribute
More informationPower & Politics Navigating the Changing Vision of Our Energy Future. Rayola Dougher, API Senior Economic Advisor,
Power & Politics Navigating the Changing Vision of Our Energy Future Rayola Dougher, API Senior Economic Advisor, dougherr@api.org U.S. oil and natural gas production is increasing as a result of technological
More informationThe Successful Development of Shale Gas Resources in the United States
The Successful Development of Shale Gas Resources in the United States A personal account Daniel J. Soeder, NETL, Morgantown, WV 12 October 2011, Minneapolis, Minnesota Geological Society of America Annual
More informationGAIL s experience Shale Gas activities in US" 17th May 2013 Manas Das
GAIL s experience on Shale Gas activities in US" Manas Das 17 th May 2013 Outline About GAIL GAIL s Presence in USA Story of Shale Gas Revolution Cause & Effect Impact on Economy, Environment & Employment
More informationLatest Developments at the EERC and CO 2 Enhanced Oil Recovery (EOR) in Bakken Shale
Latest Developments at the EERC and CO 2 Enhanced Oil Recovery (EOR) in Bakken Shale 12th Annual EOR Carbon Management Workshop, Session I Midland, Texas December 9, 2014 John Harju Associate Director
More informationAmerican Strategy and US Energy Independence
Cordesman: Strategy and Energy Independence 10/21/13 1 American Strategy and US Energy Independence By Anthony H. Cordesman October 21, 2013 Changes in energy technology, and in the way oil and gas reserves
More informationShale gas & Hydraulic fracturing. Dr. Jürg M. Matter Ocean & Earth Science University of Southampton
Shale gas & Hydraulic fracturing Dr. Jürg M. Matter Ocean & Earth Science University of Southampton J.Matter@southampton.ac.uk Definitions unconventional hydrocarbons unconventional gas shale gas tight
More informationWill The Plays Be Commercial? Impact on Natural Gas Price
North American Shale Gas Will The Plays Be Commercial? Impact on Natural Gas Price Arthur E. Berman Slide 1 Natural Gas Prices Natural gas prices will increase over the next 12-24 months to meet the marginal
More informationBakken Shale: Evolution of a Giant Oil Field
Continental Resources Inc. Bakken Shale: Evolution of a Giant Oil Field Jack Stark Sr. VP Exploration Feb.16, 2011 Continental Resources Highlights #3 largest oil producer in the Rockies 310MM boe proved
More information