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8 Pages

Up in smoke: details behind gas flaring in the Bakken


Up in smoke: details behind gas flaring in the Bakken

Report summary

Gas flaring in the Bakken has risen in prominence from a niche issue to one that will have regional gas and Natural Gas Liquid (NGL) market implications. Currently 350 mmcfd of natural gas is flared in North Dakota, accounting for 30% of regional production volumes.
This rapid growth in gas supply will have regional gas market implications, particularly for Midwestern and Eastern Canadian gas markets coping with growing volumes from the Marcellus and Utica.

What's included?

This report includes 2 file(s)

  • Up in smoke: Details behind gas flaring in the Bakken PDF - 1.87 MB 8 Pages, 0 Tables, 5 Figures
  • Bakken Insight Graphs Publish.xls XLS - 160.50 KB

Description

This Gas Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues surrounding this topic, this report gives you an expert point of view to help inform your decision making.

We provide detailed supply, demand and price forecasts based on our integrated upstream, power, coal and LNG research. Our regional gas experts are based in the markets they analyse, providing comprehensive analyses of regional and global gas markets.

If you want to understand complex gas market dynamics and plan for the future, Wood Mackenzie is the premier resource to help you gain a clear, competitive advantage.

  • Executive summary
    • Lack of infrastructure limits take-away capacity, but production still grows strongly
      • An assessment of historic flaring levels
        • Bakken flaring by vintage
        • Lost revenues to become a larger issue in 2014
      • Flaring remain concentrated in heavy development areas
        • Map of Bakken flaring levels
        • Expectations for Bakken gas production
          • Bakken production forecast
      • Other key issues that could impact regional flaring levels:
    • Regional flow implications from increased Bakken production

In this report there are 5 tables or charts, including:

  • Executive summary
    • Up in smoke: details behind gas flaring in the Bakken: Image 1
    • Up in smoke: details behind gas flaring in the Bakken: Image 2
    • Up in smoke: details behind gas flaring in the Bakken: Image 3
    • Disposition of North Dakota gas production by census region, 2010-2020
    • Map of major Mid-Western gas pipelines
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