General Mtg: Resource Development, Market Dynamics and Potential Demand
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.
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.
PETROLEUM CLUB, 43rd floor, EXXONMOBIL Building
800 BELL STREET
Houston , Texas 77002