{"id":66584,"date":"2024-01-24T07:13:21","date_gmt":"2024-01-24T12:13:21","guid":{"rendered":"https:\/\/olduvai.ca\/?p=66584"},"modified":"2024-01-24T07:13:21","modified_gmt":"2024-01-24T12:13:21","slug":"draining-america-first-the-beginning-of-the-end-for-shale-gas","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=66584","title":{"rendered":"Draining America First\u2014The Beginning of the End for Shale Gas"},"content":{"rendered":"
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Draining America First\u2014The Beginning of the End for Shale Gas<\/span><\/a><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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\"Energy<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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The United States is the biggest producer of natural gas in the world and recently became the\u00a0largest exporter of LNG<\/a>. The industry is scrambling to\u00a0build LNG (liquefied natural gas) export terminals<\/a>\u00a0as fast as permitting and funding will allow.<\/p>\n

This couldn\u2019t come at a worse time. Instead of having an almost infinite amount of natural gas as many believe, we may be witnessing hard limits to that supply.<\/p>\n

Figure 1 shows that shale gas plays have reached an apparent peak and may be starting to decline. It\u2019s not a good sign although some of this may be related to seasonal effects or regulatory matters. At the very least, the rate of production growth is slowing.<\/p>\n

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\"Shale
Figure 1.\u00a0Drain America First<\/strong>.\u00a0Shale gas plays have begun to decline as U.S. becomes biggest world LNG exporter<\/strong>. Source: EIA, Enverus & Labyrinth Consulting Services, Inc.<\/figcaption><\/figure>\n<\/div>\n

Any decrease in the growth of shale gas could become an acute problem because it accounts for 82% of U.S. dry gas production (Figure 2).<\/p>\n

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\"Shale
Figure 2.\u00a0Shale gas accounts for 82% of U.S. dry gas production<\/strong>. Source: EIA, Enverus & Labyrinth Consulting Services, Inc.<\/figcaption><\/figure>\n<\/div>\n

I am frankly less concerned about whether or not shale gas production is currently in decline as I am about what will happen to supply in five or ten years.<\/p>\n

That concern is based on plans for increased LNG and pipeline exports. Net LNG exports are expected to increase +6.4 bcf\/d by 2030 & another +7.1 bcf\/d by 2035 (Figure 3). Total net exports are projected to increase +15 bcf\/d by 2035 from 13 to 29 bcf\/d.<\/p>\n

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\"Total
Figure 3.\u00a0Net LNG exports expected to increase +6.4 bcf\/d by 2030 & another +7.1 bcf\/d by 2035<\/strong>.\u00a0Total net exports to increase +15 bcf\/d by 2035 from 13 to 29 bcf\/d<\/strong>. Source: EIA\u00a0& Labyrinth Consulting\u00a0Services, Inc.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/figcaption><\/figure>\n<\/div>\n

Let\u2019s take a quick look at production from the three biggest pure shale gas plays (Figure 4).<\/p>\n

\u2026click on the above link to read the rest\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Draining America First\u2014The Beginning of the End for Shale Gas The United States is the biggest producer of natural gas in the world and recently became the\u00a0largest exporter of LNG. The industry is scrambling to\u00a0build LNG (liquefied natural gas) export terminals\u00a0as fast as permitting and funding will allow. This couldn\u2019t come at a worse time. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[8195,554,18418,722,4380,827,834],"class_list":["post-66584","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-art-berman","tag-natural-gas","tag-physical-limits","tag-shale-gas","tag-shale-oil-and-gas","tag-united-states","tag-us"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/66584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66584"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/66584\/revisions"}],"predecessor-version":[{"id":66585,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/66584\/revisions\/66585"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}