2017 Policy and Market Issues for Natural Gas Suppliers USEA State of the Energy Industry Forum Dena Wiggins, President and CEO, Natural Gas Supply Association January 31, 2017 WWW.NGSA.ORG
Good News Story: Size of U.S. Recoverable Natural Gas Resource Doubled in Last Decade
Shale resources remain the dominant source of U.S. natural gas production growth U.S. dry natural gas production billion cubic feet per day trillion cubic feet History Projections 2013 40 100 35 90 30 80 70 25 Shale gas and tight oil plays 60 20 50 15 40 30 Tight gas 10 Other lower 48 onshore 20 Coalbed methane 5 10 Alaska Lower 48 offshore 0 0 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040 Source: EIA, Annual Energy Outlook 2015 Reference case Annual Energy Outlook 2015, 3 April 14, 2015
Producers Improve Ability to Produce at Lower Cost Technological advances and efficiencies include the “walking rig”
LNG Exports: Launch of New Era Also growth in Mexican Exports, Maritime Industry
Industrial Demand: Natural Gas Spurring 71 Major Industrial Projects 2015 – 2021 $121 Billion Increase of 3.7 Investment to Build Bcf/d 57 14 New Projects Expansions 47 Petrochemical 10 Petrochemical 10 Fertilizer 4 Fertilizer Photo courtesy: Chevron U.S.A. Inc., 2015 (Pascagoula) Data Source: Energy Ventures Analysis, June 2015
Infrastructure Hurdles: Environmental Activism at New Heights
World Gas Conference Washington, D.C. June 2018 Largest natural gas event in world – comes to DC June 2018 4,000 delegates from around world, across value chain Maximize opportunity to spread your message Attend or exhibit Coordinate meetings in DC to coincide with WGC
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