AAPG Home : Meetings : 2008 ACE-San Antonio : Highlights : Risk Analysis
All events will be held at the Henry B. Gonzalez Convention Center unless otherwise noted.
The price of natural gas is a benchmark for determining the competitiveness of alternative energy sources, the price of electricity and the economic ranking of various electricity generation technologies. It is also critical to the profitability of conventional and unconventional gas prospects. The presentations in this session will address the critical factors shaping the natural gas market outlook over the intermediate term, escalation in costs of exploration and production and the way these factors affect the financial performance of specific projects.
Market scenarios will weigh the effects of changing production (recently increasing at today’s astonishing rig counts), declining Canadian imports, soon-to-surge LNG and increasing use of natural gas for power generation (the only and rapidly, growing sector). One of the most significant considerations is the prospect of unexpectedly greater gas requirements for power generation resulting from delays and withdrawals of coal-fired power plants. Insight into escalation of finding and development costs and when they may subside, is also sought. Case studies will summarize the production outlook and examine the economics of production for the Barnett and similar shales and for coalbed methane. A case study will also describe Canadian drilling and production, as well as the consequences of cutbacks in drilling in response to high costs. Speakers may also address the timetable and economic impacts of clean coal technologies for power production, responding to heightened calls for CO2 sequestration, in addition to assessing the implications of deferrals in plans to tap Arctic gas.
The American Association of Petroleum Geologists (AAPG) does not endorse or recommend any products and services that may be cited, used or discussed in AAPG publications or in presentations at events associated with AAPG.
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