Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2016-08-16 18:45:00

GAS PRODUCTION 2040: 554 BCFD

GAS PRODUCTION 2040: 554 BCFD

 

SHALE GAS MAP

 

According to EIAnatural gas production worldwide is projected to increase from 342 billion cubic feet per day (Bcf/d) in 2015 to 554 Bcf/d by 2040. The largest component of this growth is natural gas production from shale resources, which grows from 42 Bcf/d in 2015 to 168 Bcf/d by 2040. Shale gas is expected to account for 30% of world natural gas production by the end of the forecast period.

WORLD GAS PRODUCTION 2010 - 2040

Although currently only four countries—the United States, Canada, China, and Argentina—have commercial shale gas production, technological improvements over the forecast period are expected to encourage development of shale resources in other countries, primarily in Mexico and Algeria. Together, these six countries are projected to account for 70% of global shale production by 2040.

In the United States, shale gas production accounted for more than half of U.S. natural gas production in 2015 and is projected to more than double from 37 Bcf/d in 2015 to 79 Bcf/d by 2040, which is 70% of total U.S. natural gas production in the AEO2016 Reference case by 2040.

Several AEO2016 side cases illustrate the effect of technological improvements on cost and productivity. Shale gas production in 2040 is projected to be 50% higher under the High Oil and Gas Resources and Technology case, reaching 112 Bcf/d, while in the Low Oil and Gas Resources and Technology case, production is projected to be 50% lower than the Reference case, reaching 41 Bcf/d.

Canada has been producing shale gas since 2008, reaching 4.1 Bcf/d in 2015. Shale gas production in Canada is projected to continue increasing and to account for almost 30% of Canada's total natural gas production by 2040.

China has been among the first countries outside of North America to develop shale resources. In the past five years, China has drilled more than 600 shale gas wells and produced 0.5 Bcf/d of shale gas as of 2015. Shale gas is projected to account for more than 40% of the country's total natural gas production by 2040, which would make China the second-largest shale gas producer in the world after the United States.

Argentina's commercial shale gas production was just 0.07 Bcf/d at the end of 2015, but foreign investment in shale gas production is increasing. Pipeline infrastructure in Argentina is adequate to support current levels of shale gas production, but it will need to be expanded as production grows. Current shortages of specialized rigs and fracturing equipment are expected to be resolved, and shale production is projected to account for almost 75% of Argentina's total natural gas production by 2040.

Algeria's production of both oil and natural gas has declined over the past decade, which prompted the government to begin revising investment laws that stipulate preferential treatment for national oil companies in favor of collaboration with international companies to develop shale resources. Algeria has begun a pilot shale gas well project and developed a 20-year investment plan to produce shale gas commercially by 2020. Algerian shale production is projected to account for one-third of the country's total natural gas production by 2040.

Mexico is expected to gradually develop its shale resource basins after the recent opening of the upstream sector to foreign investors. At present, Mexico is expanding its pipeline capacity to import low-priced natural gas from the United States. Mexico is expected to begin producing shale gas commercially after 2030, with shale volumes contributing more than 75% of total natural gas production by 2040.

GAS PRODUCTION IN COUNTRIES 2015, 2040

 

-----

Earlier: 

TURKEY WANTS IRANIAN GAS 

TURKISH STREAM'S PLAN 

GAZPROM SALES UP TO 49% 

IRAN-PAKISTAN GAS PIPELINE 

СНОВА ЮЖНЫЙ ПОТОК

 

 

Tags: SHALE, GAS, PRODUCTION

Chronicle:

GAS PRODUCTION 2040: 554 BCFD
2017, December, 15, 12:50:00

LUKOIL'S PLAN: $50

LUKOIL - The plan is based on the conservative $50 per barrel oil price scenario. Sustainable hydrocarbon production growth is planned in the Upstream business segment along with the growth in the share of high-margin projects in the overall production. In the Downstream business segment, the focus is on the improvement of operating efficiency and selective investment projects targeted at the enhancement of product slate.

GAS PRODUCTION 2040: 554 BCFD
2017, December, 15, 12:45:00

BP INVESTS TO SOLAR

BP - BP will acquire on completion a 43% equity share in Lightsource for a total consideration of $200 million, paid over three years. The great majority of this investment will fund Lightsource’s worldwide growth pipeline. The company will be renamed Lightsource BP and BP will have two seats on the board of directors.

GAS PRODUCTION 2040: 554 BCFD
2017, December, 13, 12:40:00

OIL PRICE: ABOVE $64 YET

REUTERS - Brent crude was up 69 cents, or 1.1 percent, at $64.03 a barrel by 0743 GMT. It had settled down $1.35, or 2.1 percent, on Tuesday on a wave of profit-taking after news of a key North Sea pipeline shutdown helped send the global benchmark above $65 for the first time since mid-2015. U.S. West Texas Intermediate crude was up 45 cents, or 0.8 percent, at $57.59 a barrel.

GAS PRODUCTION 2040: 554 BCFD
2017, December, 13, 12:35:00

RUSSIAN-TURKISH NUCLEAR

ROSATOM - On December 10, 2017, the construction start ceremony took place at the Akkuyu NPP site under a limited construction licence issued by the Turkish Atomic Energy Agency (TAEK). Director General of the ROSATOM Alexey Likhachev, and First Deputy Minister of Energy and Mineral Resources of the Turkish Republic, Fatih Donmez, took part in the ceremony.

All Publications »