Annual energy outlook, 1986
The forecast summary highlights the principal components of the Energy Information Administration's projections of energy supply, demand, and prices. Key issues are addressed for each of the major energy markets (petroleum, natural gas, coal, and electricity), along with the developments anticipated for end-use energy consumption and new technologies. The overview lists the principal conclusions followed by discussions of the important elements of the projections. This information revises production forecasts for 1986, 1987, and 1988, but its effect on later years should be much less, because some portion of the production fall amounts to production delays (Table 1). Lower well completions and delayed work-overs remove production from significantly sized wells, but little of this production is lost permanently. To the extent that higher prices encourage higher development activity, well completions and work-overs should resume at a more normal level. In the short run, shut-in wells, which are mostly marginal stripper wells, can also be returned to production. With the liberalization of State and Federal regulations on when shut-in wells must be permanently abandoned, a window of about one year exists during which these stripper wells can be restored. Some of these wells will never resume production, but with prices in the $18 plus range, most will again be economic.
- Research Organization:
- USDOE Energy Information Administration, Washington, DC. Office of Energy Markets and End Use
- OSTI ID:
- 6752730
- Report Number(s):
- DOE/EIA-0383(86); ON: DE87006841
- Resource Relation:
- Other Information: Portions of this document are illegible in microfiche products
- Country of Publication:
- United States
- Language:
- English
Similar Records
SELECTION AND TREATMENT OF STRIPPER GAS WELLS FOR PRODUCTION ENHANCEMENT IN THE MID-CONTINENT
SELECTION AND TREATMENT OF STRIPPER GAS WELLS FOR PRODUCTION ENHANCEMENT IN THE MID-CONTINENT
Related Subjects
POLICY AND ECONOMY
02 PETROLEUM
03 NATURAL GAS
01 COAL, LIGNITE, AND PEAT
COAL
MARKET
ELECTRIC POWER
NATURAL GAS
PETROLEUM
COMPILED DATA
DATA COMPILATION
ENERGY SUPPLIES
PRICES
STATISTICAL DATA
SUPPLY AND DEMAND
CARBONACEOUS MATERIALS
DATA
ENERGY SOURCES
FLUIDS
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
INFORMATION
MATERIALS
NUMERICAL DATA
POWER
292000* - Energy Planning & Policy- Supply
Demand & Forecasting
020700 - Petroleum- Economics
Industrial
& Business Aspects
030600 - Natural Gas- Economic
Industrial
& Business Aspects
015000 - Coal
Lignite
& Peat- Economic
Industrial
& Business Aspects
296000 - Energy Planning & Policy- Electric Power