Transcription of Outlook for U.S. oil and gas - American Association …
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Outlook for U.S. oil and gas - American Association …
energy Information Administration Independent Statistics & Analysis Outlook for oil and gas NAE-AAES Convocation of the Professional Engineering Societies April 28, 2014 | Washington, DC By Adam Sieminski, EIA Administrator The has experienced a rapid increase in natural gas and oil production from shale and other tight resources 2 Ford (TX)Bakken (MT & ND)Spraberry (TX & NM Permian)Bonespring (TX & NM Permian)Wolfcamp (TX & NM Permian)Delaware (TX & NM Permian)Yeso-Glorieta (TX & NM Permian)Niobrara-Codell (CO, WY)HaynesvilleMarcellusWoodford (OK)Granite Wash (OK & TX)Austin Chalk (LA & TX)Monterey (CA) tight oil production million barrels of oil per day 0510152025303540 Marcellus (PA & WV)Haynesville (LA & TX)Eagle Ford (TX)Fayetteville (AR)Barnett (TX)Woodford (OK)Bakken (ND)Antrim (MI, IN, & OH)Rest of US 'shale' dry shale gas production billion cubic feet per day Sources: EIA derived from state administrative data collected by DrillingInfo Inc. Data are through March 2014 and represent EIA s official tight oil & shale gas estimates, but are not survey data.
U.S. becomes a net exporter of natural gas in the near future 6 U.S. dry natural gas trillion cubic feet per year Source: EIA, Annual Energy Outlook 2014 Reference case
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