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Long term forecasting of natural gas production

descriptionPublicationkeyboard_double_arrow_right Article , Journal 01 Sep 2011 Australia Publisher:Elsevier BVJournal:Energy Policy, volume 39, pages 5,550-5,560 (issn: 0301-4215,

Authors: Mohr, S. H.; Evans, G. M.;

doi: 10.1016/j.enpol.2011.04.066

handle: 1959.13/1065161

Long term forecasting of natural gas production

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Abstract

Abstract Natural gas is an important energy source for power generation, a chemical feedstock and residential usage. It is important to analyse the future production of conventional and unconventional natural gas. Analysis of the literature determined conventional URR estimates of 10,700–18,300 EJ, and the unconventional gas URR estimates were determined to be 4250–11,000 EJ. Six scenarios were assumed, with three static where demand and supply do not interact and three dynamic where it does. The projections indicate that world natural gas production will peak between 2025 and 2066 at 140–217 EJ/y (133–206 tcf/y). Natural gas resources are more abundant than some of the literature indicates.

Country

Australia

Related Organizations

University of Newcastle Australia
Australia
University of Newcastle Australia
Australia

Keywords

natural gas production, natural gas URR, peak natural gas, URR estimates

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