www.eia.gov U.S. Energy Information Administration Independent Statistics & Analysis Shale Gas and Tight Oil Development in the U.S., Poland and the Rest of World: Status and Outlook US-Poland Energy Roundtable United States Energy Association April 24, 2013 | Washington, D.C. by Aloulou Fawzi Project Manager World Shale Oil and Gas Resource Assessments and Activities
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Status and outlook for shale gas and tight oil development ...•Status and outlook of shale gas and tight oil development in the U.S. •EIA perspective on shale gas and tight oil
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www.eia.gov U.S. Energy Information Administration Independent Statistics & Analysis
Shale Gas and Tight Oil Development in
the U.S., Poland and the Rest of World:
Status and Outlook
US-Poland Energy Roundtable
United States Energy Association
April 24, 2013 | Washington, D.C.
by
Aloulou Fawzi
Project Manager
World Shale Oil and Gas Resource Assessments and Activities
Overview
• Status and outlook of shale gas and tight oil development in
the U.S.
• EIA perspective on shale gas and tight oil resources in
Poland and the rest of the world
Aloulou Fawzi
US-Poland Energy Roundtable, Washington, DC April 24, 2013 2
Domestic production of shale gas and tight oil has grown
dramatically over the past few years
3
shale gas production (dry)
billion cubic feet per day
Sources: LCI Energy Insight gross withdrawal estimates as of March 2013 and converted to dry production estimates with EIA-calculated
average gross-to-dry shrinkage factors by state and/or shale play. Tight oil: Drilling Info & EIA through December 2012
0
5
10
15
20
25
30
2000 2002 2004 2006 2008 2010 2012
Rest of US
Marcellus (PA and WV)
Haynesville (LA and TX)
Eagle Ford (TX)
Bakken (ND)
Woodford (OK)
Fayetteville (AR)
Barnett (TX)
Antrim (MI, IN, and OH)
Aloulou Fawzi
US-Poland Energy Roundtable, Washington, DC April 24, 2013
0.0
0.4
0.8
1.2
1.6
2.0
2.4
2000 2002 2004 2006 2008 2010 2012
Eagle Ford (TX)
Bakken (MT & ND)
Spraberry (TX Permian)
Bonespring (TX Permian)
Wolfcamp (TX Permian)
Niobrara-Codell (CO)
Granite Wash (OK & TX)
Monterey (CA)
Woodford (OK)
Austin Chalk (LA & TX)
tight oil production
million barrels of oil per day
Theory Experiment Practice
These three drivers impact resource estimation metrics