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WWW.NGSA.ORG
Dena Wiggins, President and CEO, Natural Gas Supply Association January 31, 2017
for Natural Gas Suppliers USEA State of the Energy Industry Forum - - PowerPoint PPT Presentation
for Natural Gas Suppliers USEA State of the Energy Industry Forum - - PowerPoint PPT Presentation
2017 Policy and Market Issues for Natural Gas Suppliers USEA State of the Energy Industry Forum Dena Wiggins, President and CEO, Natural Gas Supply Association January 31, 2017 WWW.NGSA.ORG Good News Story: Size of U.S. Recoverable Natural
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Shale resources remain the dominant source of U.S. natural gas production growth
3
U.S. dry natural gas production trillion cubic feet
Source: EIA, Annual Energy Outlook 2015 Reference case
10 20 30 40 50 60 70 80 90 100 5 10 15 20 25 30 35 40 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040 Tight gas Coalbed methane Other lower 48 onshore Shale gas and tight oil plays Alaska Lower 48 offshore Projections History 2013 billion cubic feet per day
Annual Energy Outlook 2015, April 14, 2015
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Producers Improve Ability to Produce at Lower Cost
Technological advances and efficiencies include the “walking rig”
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LNG Exports: Launch of New Era
Also growth in Mexican Exports, Maritime Industry
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14
Expansions
10 Petrochemical
4 Fertilizer
$121 Billion Investment to Build Increase of 3.7 Bcf/d
57
New Projects
47 Petrochemical 10 Fertilizer
Industrial Demand: Natural Gas Spurring 71 Major Industrial Projects 2015–2021
Data Source: Energy Ventures Analysis, June 2015 Photo courtesy: Chevron U.S.A. Inc., 2015 (Pascagoula)
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Infrastructure Hurdles: Environmental Activism at New Heights
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