National Petroleum Council Source and Supply Study - the potential for natural gas in the United States
Journal Article
·
· United States Geological Survey, Professional Paper; (United States)
OSTI ID:6877254
- Geological Survey, Denver, CO (United States)
- Mobil Oil Corp., Fairfax, VA (United States)
This paper summarizes the contribution of the Source and Supply Task Group to the recent (December 1992) National Petroleum Council (NPC) study entitled [open quotes]The Potential for Natural Gas in the United States.[close quotes] This task group evaluated potential sources of additions to US natural gas reserves with a team of more than 100 participants, representing various trade, academic, government, and industry organizations. The group evaluated reserve growth, unconventional resources, and undiscovered conventional resources of natural gas over a range of prices and to the year 2010. The study concluded that the US recoverable resource base consists of nearly 1,300 Tcf in the lower 48 States alone, of which more than 413 Tcf will be in new fields and 203 Tcf will be added from reserve appreciation. In addition, more than 519 Tcf will be available as recoverable unconventional resources of gas in coalbeds, gas shales, tight sands, and in other categories. Of the total resource, more than 600 Tcf will be recoverable at wellhead prices of $2.50 per million British thermal units. The NPC evaluation of the US resource base concluded that the domestic natural-gas resource is plentiful and that technological advances will ensure that the resources will be available to fill any foreseeable demand over the next few decades. 3 refs., 6 figs., 18 tabs.
- OSTI ID:
- 6877254
- Journal Information:
- United States Geological Survey, Professional Paper; (United States), Journal Name: United States Geological Survey, Professional Paper; (United States) Vol. 1570; ISSN XGPPA9
- Country of Publication:
- United States
- Language:
- English
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