An Evaluation Of Future Natural Gas Supplies

The Future Supply of Nature-made Petroleum and Gas Technical Reports is a collection of papers that covers various issues and concerns in the world petroleum supply. The materials in the book are organized thematically into sections. The text first covers the world perspectives of conventional petroleum, and then proceeds to discussing the classification of petroleum resources. Section III deals with the conventional oil and gas deposits, while Section IV talks about enhanced oil recovery. Next, the selection deals with gases in tight formations, along with tar sand, heavy oil, and oil shale deposits. The eighth section tackles gases in geopressured reservoirs, while the ninth section details other unconventional petroleum and gas deposits. The last section deals with concerns in technology transfer of petroleum and gas technology. The book will be of great use to researchers and practitioners in disciplines involved in the petroleum industry.

The workshop examined the following three questions: (1) What projections have been made by government agencies for the U.S. supply of and demand for natural gas over the next 10 to 20 years? (2) Where are the current natural gas reserves and resources? (3) By what means and by how much can future reserves, resources, and production be increased?

Excess productive capacity has gradually decreased in the natural gas market. This report provides information and the Board's observations on these changed conditions and then looks ahead to examine the prospects for gas supply over the period 1993 to 1996. The analysis and outlook are directed to both peak day and annual gas supply. A historical review of gas supply over 10 years is provided, including observations on the excess of deliverability over production, changes in remaining reserves, the trend in reserves-to-production ratios, trends in production, connection rates, gas storage, the response of Alberta supply in peak demand periods and recent developments. The Baord's methodology for estimating productive capacity is described and the results of the Board's analysis of Western Canada's productive capacity are presented and compared with other deliverability studies. A summary of the current and anticipated pipeline capacity in the producing provinces is presented and estimates for productive capacity are compared with pipeline capacity. Observations on factors influencing the interpretation of results conclude the document.

This book is a product of investigations conducted within the Global Utility Research Unit (Guru) of Agici Corporate Finance (Milan, Italy). More specifically, it is the result of a project developed by the Observatory on Alliances and Strategies in the Pan-European Utility Market set-up seven years ago with the contribution of Accenture. The project, entitled “Pan-European Gas Industry Scenario – Truth and Lies”, was presented at the 2008 Milan annual international conference (www. agici. it). I would therefore like to thank Luca Cesari, Claudio Arcudi and Massimo Pagella from Accenture for their continued support. The scope of this book is to shed some light on a market, that of natural gas, which is highly complex and at the same time of fundamental importance for Europe for at least the next 20 years. We do not intend to build a theory but only to develop a better understanding of the key factors. We fully recognise that the each of the issues we cover deserves further investigation and we are also well aware that we may have omitted a number of important considerations and topics. These shortcomings are - at least in part - justified by the desire to keep the book to a r- sonable size for editorial reasons.