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General Mtg: Resource Development, Market Dynamics and Potential Demand

ABSTRACT

In this presentation, Dr. Gülen will discuss United States shale gas resource assessments, natural gas market dynamics, and potential developments in major demand sectors with attendant oil and gas price scenarios.

Over the last decade, shale gas and oil production in the United States has increased significantly. This has potential global implications if, for example, the United States becomes a significant exporter of LNG.

However, the understanding of shale gas resource potential and deliverability is still evolving. In the short to mid-term, the problem is the low price of natural gas. The industry has been very successful in increasing natural gas production, but unfortunately supplied too much, too quickly.

Switching to liquids-rich locations helped those companies who had access to such “wet” acreage. Going forward, the demand for both natural gas and ethane are expected to grow as investments are already under way in petrochemical and other industrial facilities, power plants, LNG and pipeline exports, and even in the transportation sector, where truck fleets are switching to natural gas from diesel.

MENU

BOSTON BIBB SALAD

ROASTED TOP SIRLOIN

CHOCOLATE CAKE

If you have special dietary needs (allergies, religious, etc.), please include special meal requests in the " Comments" section during the registration process.

Registration & Walk-ins

All attendees are encouraged to register and pay online for this event. This is a more efficient means of registering for the event and enables the registration process at the meeting to move much faster. Walk-in space is available on a seat limited basis at a fee $5 more than the on-line registration fee.

Parking for this event

The Petroleum Club provides valet parking service on the Milam Street side of the EXXON-MOBIL Building for a fee of $7. Enter the valet parking ramp from the Milam Street side of the building. Parking on the street around the EXXON-MOBIL Building is also possible - pay at parking meters located on each block. Parking is also available at public parking lots in the area for a fee in the $6 - 8 range. However, due to the loss of other nearby surface lots in recent months (due to construction of new buildings), the lots across from the EXXON-MOBIL Building are sometimes full by mid-morning.

Location: PETROLEUM CLUB, 43rd floor, EXXONMOBIL Building
800 BELL STREET
Houston , Texas 77002

Date: Nov. 13, 2014, 11:30 a.m. - Nov. 13, 2014, 1 p.m.