Forecasting long-term gas production from shale
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Cueto-Felgueroso-2013-Forecasting long-ter.pdf
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Author(s)
Cueto-Felgueroso, Luis
Juanes, Ruben
Date Issued
December 2013
Journal
Proceedings of the National Academy of Sciences
Publisher
National Academy of Sciences (U.S.)
Citation
Cueto-Felgueroso, L., and R. Juanes. “Forecasting Long-Term Gas Production from Shale.” Proceedings of the National Academy of Sciences 110, no. 49 (November 25, 2013): 19660–19661.
Version
Final published version
Abstract
Oil and natural gas from deep shale formations are transforming the United States economy and its energy outlook. Back in 2005, the US Energy Information Administration published projections of United States natural gas supply that stressed the need to develop an import infrastructure (1): by 2025, imports would account for almost one-third of United States consumption. When we compare those forecasts with the current ones to 2040 (Fig. 1) (2), it is inevitable to feel that a disruptive technology has emerged since. Natural gas consumption is expected to increase significantly over the next three decades, with strong demand growth from the electricity generation and industrial sectors. However, the United States will probably become a net exporter of gas before 2020, increasing domestic production by 44% over the projection period.
MIT Department
Massachusetts Institute of Technology. Department of Civil and Environmental Engineering
Massachusetts Institute of Technology. Earth Resources Laboratory
Terms of Use
Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.
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DOI of Published Version
https://doi.org/10.1073/pnas.1319578110
