Upstream activity in North America is lower than ever, but production potential is higher than ever because wellhead breakevens continue to decline. High-intensity completions in gas plays increase recovery rates, while reduced service costs are bringing down drilling and completion costs in tight oil plays. The resulting lower breakevens mean lower long-term gas prices. An average Henry Hub price of $3.07/mmbtu through 2025 supports the investment needed to connect US and Canadian supplies to higher-value markets through pipes, industrial projects, and liquefaction capacity.
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North America gas long-term outlook H2 2015 highlights PDF - 256.32 KB 4 Pages, 0 Tables, 1 Figures
NAGS LTO Demand Breakout Fall 2015.xls XLS - 1.22 MB
NAGS LTO Infrastructure Fall 2015.xls XLS - 153.50 KB
NAGS LTO LNG Breakout Fall 2015.xls XLS - 241.50 KB
NAGS LTO NGV Breakout Fall 2015.xls XLS - 155.00 KB
NAGS LTO Price Outlook Fall 2015.xls XLS - 957.50 KB
NAGS LTO Supply and Demand Balances Fall 2015.xls XLS - 353.50 KB
NAGS LTO Supply Breakout Fall 2015.xls XLS - 217.00 KB
Volatility in oil markets and the growth of unconventional gas supply have created a high degree of uncertainty about future gas demand and the direction of gas prices.
This Gas Markets Long Term Outlook report forecasts future pricing, based on deep analysis of gas supply and demand fundamentals. Additionally, it addresses complex questions on gas flows, identifies future opportunities and informs fuel purchasing strategies.
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Commodity market report | Nov 2015
North America gas long-term outlook H2 2015 highlights
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