North American natural gas supply dynamics: A focus on U.S. supply

This paper discusses US natural gas supply dynamics in the context of the North American gas marketplace. Supply fundamentals are examined, methodology is briefly presented, regional supply outlooks are discussed. Assumptions, drivers and issues are highlighted. The analysis and outlook indicate that the sizeable North American resource base can be economically developed to supply growing US natural gas requirements. The major incremental supply sources are likely to come from deepwater Gulf of Mexico, Rocky Mountain regions, onshore Texas and imports from Canada. Given this outlook, major business and investment opportunities exist for the gas upstream and midstream sectors despite some short-term challenges