New Report Details Increases In Natural Gas Supply In U.S.

June 2011 Vol. 238 No. 6

The Potential Gas Committee’s (PGC) 2010 biennial report: Potential Supply of Natural Gas in the United States finds nation possesses an undiscovered natural gas resource potential of 1,898 Tcf, the highest resource evaluation in the PGC’s 46 year history — exceeding by 61 Tcf the previous record-high assessment from year-end 2008.

When the PGC’s results are combined with the Department of Energy’s latest available determination of proved dry-gas reserves, 273 Tcf as of year-end 2009, the U.S. has a total available future supply of 2,170 Tcf, an increase of 89 Tcf over the previous evaluation. The PGC’s year-end 2010 assessment of 1,898 Tcf includes 1,739 Tcf of gas attributable to “traditional” reservoirs (conventional, tight sands and carbonates, and shales) and 159 Tcf in coalbed reservoirs.

“The PGC’s year-end 2010 assessment reaffirms the committee’s conviction that abundant, recoverable natural gas resources exist within our borders, both onshore and offshore, and in all types of reservoirs—from conventional, ‘tight’ and shales, to coals,” said Dr. John B. Curtis, professor of Geology and Geological Engineering at the Colorado School of Mines and Director of the Potential Gas Agency there, which provides technical assistance to the PGC.

Find articles with similar topics
, , ,