Shale Gas in the United States: Recent Developments and Outlook for U.S. Canada Energy Consultative Mechanism December 2, 2010 Howard Gruenspecht, Deputy Administrator 1 1 Phyllis Martin, Richard Newell,June March SAIS,…
The Growth of Shale Gas Production Howard Gruenspecht, U.S. Canada ECM, Dec 2 2010 2
Success in the Barnett over the past decade prompted companies to look at other U.S. shale gas formations Source: Energy Information Administration based on data from Howard Gruenspecht, U.S. Canada ECM, Dec 2 2010 various…
U.S. shale gas production has increased 14-fold in 10 years annual shale gas production trillion cubic feet 5.0 4.5 4.0 Antrim Barnett Fayetteville Woodford Haynesville Marcellus 3.5 Eagle Ford 3.0 2.5 2.0 1.5 1.0 0.5 0.0…
Shale gas production has continued to rise rapidly over the past year billion cubic feet per day 16 Barnett Shale Fayetteville Woodford 14 Haynesville Marcellus Eagleford 12 10 8 6 4 2 0 Jan- Mar- May- Jul- Sep- Nov-…
Fifty-five percent of active rotary rigs are now drilling horizontal wellbores active drilling rigs 2,500 Horizontal Directional Vertical 2,000 1,500 1,000 500 0 Jan- 2000Jan-2001 Jan- 2002Jan- 2003Jan- 2004Jan-…
U.S. Proved Reserves of Natural Gas: Latest Developments Howard Gruenspecht, U.S. Canada ECM, Dec 2 2010 7
In 2009, U.S. proved reserves of natural gas Increased by more than 11 percent, despite lower natural gas prices Source: EIA, Summary: U.S. Crude Oil, Natural Gas, and Natural Gas Liquids Howard Gruenspecht, U.S. Canada ECM, Dec 2…
The 76 percent increase in proved reserves of shale gas in 2009, accounted for nearly all of the growth in total U.S. proved reserves Proved Reserves and Production in U.S. Shale Gas Plays, 2008 and 2009 (billion cubic feet) 2008…
U.S. proved reserves of natural gas at the end of 2009 were at their highest level since 1971 trillion cubic feet 300 300 250 250 200 200 U.S. Total 150 150 Lower 48 Onshore 100 100 50 50 Federal Offshore Alaska 0 0…
Estimates of U.S. Technically Recoverable Natural Gas Resources and Reference Case Supply and Demand Projections Howard Gruenspecht, U.S. Canada ECM, Dec 2 2010 11
Shale gas has been the primary source of recent growth in U.S. technically recoverable natural gas resources trillion cubic feet 2250 2000 Unproved shale gas & coalbed methane 1750 1500 1250 Unproved 1000 Carbonate and Sandstone…
Estimates from multiple sources suggest a vast resource of technically recoverable shale gas trillion cubic feet 1200 1135 1000 842 800 688 650 600 385 400 347 200 0 Navigant ICF AEO2010 IHS-CERA MIT ARI Jul 2008…
The import share of U.S. natural gas supply is expected to decline as domestic supply grows trillion cubic feet 30 History Projections 25 Consumption 6% Net imports 13% 20 Domestic supply 15 10 1990 1995 2000 2005 2010…
For more information U.S. Energy Information Administration home page www.eia.gov Short-Term Energy Outlook www.eia.gov/emeu/steo/pub/contents.html Annual Energy Outlook www.eia.gov/oiaf/aeo/index.html International Energy Outlook…
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