Energy Forecasting: Shale Gas Originally delivered Jul 13, 2017 Source: AIChE Type: Archived WebinarLevel: Basic Duration: 1 hour PDHs: 1.00 Share This Post: Preview Webinar: Is uncertainty about shale gas and future U.S. natural gas production complicating your planning? Hear two analysts give their take. The abundance of shale gas resources has transformed the U.S. energy market and is creating new opportunities for industry, electricity generation and exports. Yet uncertainty surrounding prices, technology and other areas is complicating long-term planning projections. In 60 minutes, the U.S. Energy Administration’s John Staub will bring you up to date on the growth of dry natural gas from shale formations and how it contributes over 60 percent of the total U.S. natural gas production in 2017—up from only 10 percent in 2007. You’ll learn how the abundance of natural gas is creating new opportunities for industry, electricity generation and exports. You’ll also explore the methodology for answering questions related to the uncertainty surrounding the resource size and the distribution of production costs. Research scientist Svetlana Ikonnikova will focus on the role of technology, geology, and uncertainty. You’ll learn how an accurate forecast of future production requires an understanding of per well recovery and its change over time in different geologic conditions and the role of resource economics in the resource development. How does economics and experience help in an understanding of technology-related changes in per–well productivity? What is the role played by the improved geologic reservoir characterization? How does the production outlook for the shale gas future look under various energy prices scenarios? Get the answers here. Take a look at your agenda: How shale gas is changing the energy landscape and the implications 2 issues you must understand to forecast future production How energy prices impact the production outlook for the shale gas future The methodology being used for long-term planning Presenter(s): Svetlana Ikkonikova Dr. Svetlana Ikonnikova is a Research Scientist and Senior Energy Economist in the Bureau of Economic Geology at The University of Texas at Austin. She received B.Sc. and M.S. degrees in applied mathematics and physics, a Ph.D. in economics and management science, with postdoctoral study focus on energy and environmental regulation. Over fifteen years, she has been conducting research on energy markets and industry developments, studying electric power industry, renewable energy sustainability, natural gas and oil supply capabilities in the U.S., EU, and FSU. She is a...Read more John Staub John Staub is the Director of the Office of Petroleum, Natural Gas and Biofuels Analysis at the U.S. Energy Information Administration. John leads analysis and modeling of domestic and international petroleum and natural gas resources, production, refining, and logistics for both short and long-term outlooks. His office produces outlooks for a range of issues including: long-term oil prices, LNG exports, shale gas, tight oil, biofuels and technology change. He previously worked in the U.S. Department of Energy’s Office of Policy and International Affairs and has served...Read more Once the content has been viewed and you have attested to it, you will be able to download and print a certificate for PDH credits. If you have already viewed this content, please click here to login. Checkout Checkout Do you already own this? Log In for instructions on accessing this content. Pricing Individuals AIChE Member Credits 1 AIChE Members $69.00 AIChE Graduate Student Members Free AIChE Undergraduate Student Members Free Non-Members $99.00 Webinar content is available with the kind permission of the author(s) solely for the purpose of furthering AIChE’s mission to educate, inform and improve the practice of professional chemical engineering. All other uses are forbidden without the express consent of the author(s).