The following report on US natural gas supply was undertaken by Ben Montalbano and Trisha Curtis and is part of EPRINC’s multi-year research program to provide a thorough understanding of the scale and scope of the North American petroleum renaissance. Ben Montalbano is a Trustee at EPRINC and co-founder of PetroNerds, a Denver based consultancy. Trisha Curtis is a non-resident fellow at EPRINC and also a co-founder of PetroNerds.
This assessment examines the capacity of the domestic unconventional natural gas reserve base to expand output to meet potential growth in domestic and international demand for US gas supplies. Although low natural gas prices present an array of challenges, the authors show that given the massive size of the US natural gas reserve base, domestic gas production is likely to grow substantially in the coming years and remains capable of meeting a broad range of possible demand scenarios given existing and likely improvements in extraction technologies. Although government policies could restrain supply growth, most uncertainties on the future of natural gas are on the demand side. This assessment is in many ways a companion analysis to the report published by EPRINC in December 2015 entitled US Shale Oil Dynamics in a Low Price Environment which can be downloaded at this link from the EPRINC website.
This report and all of EPRINC’s publications are available, without charge, on our website.