Jan. 20, 2010


Description

The Effect of Shale Gas Production on U.S. Gas Supplies
  
The U.S. natural gas supply is greatly dependent on domestic exploration and development.  Historically, U.S. gas supply was dominated by very large gas fields with high well productivity, often from offshore locations.  These fields had excess production capacity, very shallow decline rates, and large individual well reserves.  Over the past few decades this has changed.  The U.S. natural gas supply is now dominated by production from “resource” type producing fields.  These fields have relatively small individual well reserves and very rapid early life decline rates.  However, some of these fields have very large aerial extents and therefore the ability to supply large volumes of gas due to the very large numbers of wells that can be drilled.
 
This presentation will examine the level of gas supply currently coming from “resource” plays with special emphasis on shale plays. I t will also assess the potential these plays have for increasing the domestic U.S. natural gas supply and the duration of the supply.  An estimate of the activity levels necessary for these plays to maintain and grow the U.S. natural gas supply will also be presented.
Please print and bring credit card receipt if you registered and paid on-line. 
 
Please register before the deadline at noon on Monday, January 18th if you plan to attend.  Walk-in registrations on the day of the meeting will be accepted for a limited number of seats based on the number of registered attendees or the maximum capacity of the Carriage Room. 
Thank you

Featured Speakers

Speaker Steve Schubarth
President, Schubarth Inc. Steve Schubarth is the president of Schubarth Inc., a consulting firm working to improve the productivity of oil and gas wells throughout the world.  Steve has worked for large and small operators, consulting firms, and service providers/suppliers.  He has authored/coauthored over 25 SPE papers and journal articles.  ...

President, Schubarth Inc.

Steve Schubarth is the president of Schubarth Inc., a consulting firm working to improve the productivity of oil and gas wells throughout the world.  Steve has worked for large and small operators, consulting firms, and service providers/suppliers.  He has authored/coauthored over 25 SPE papers and journal articles.  Steve and Lucas Bazan of Bazan Consulting recently began working together to initiate http://www.gasmarketinsight.com/">www.GasMarketInsight.com, a website dedicated to the review and forecasting of the supply and demand of natural gas in the U.S.

Full Description



Organizer

Phil Sullivan


Date and Time

Wed, Jan. 20, 2010

11:30 a.m. - 1 p.m.
(GMT-0500) US/Central

Event has ended

If you do not have a full-time job in the oil and gas industry, are a full-time student or Member in Transition (MiT) member, and you do not see a discounted registration fee for students/MiT regarding this event, please contact the GCS manager at spe-gcs@spe.org.


Location

The WestLake Club - Carriage Room

570 WestLake Park Blvd
Houston, Texas 77079