North America gas long-term outlook H2 2015 highlights
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Report summary
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.
Table of contents
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Executive summary
- Delivering low-cost gas to market
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This report includes 1 images and tables including:
- Gas price outlook
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