Western
Canada is a critically important gas supply basin for North America. In
2000, it produced over 16.5 Bcf/d, 23% of Canadian and US consumption. In
its most recent report, the Canadian Gas Potential Committee states that
Western Canada “will continue to be the main gas supply area in Canada”.
However, over 3.5 Bcf/d of new productive capacity must be added each year
to replace natural decline. Sustaining basin productivity at competitive
F&D costs will challenge operators faced with decreasing initial rate per
new well and increasing initial decline rates.
In view of
the strategic importance of Western Canadian gas supply, the current
challenges and future potential, all participants in the North American
natural gas industry, from the wellhead to the burner tip, have a vital
interest in the supply trends from the Western Canadian Sedimentary Basin
(WCSB). Some of the questions our clients ask include:
How
is the gas supply from Western Canada changing?
What
are the trends in the sources of supply?
What
are the impacts of technology on gas supply?
Who
are the growth operators adding new gas supply?
How
does an operator compare to its peers and industry?
What
is the ultimate potential?
What
is the forecast for supply?
Forward Energy Group answers
many of these questions based on research we pioneered in our flagship
multi-client study Natural Gas Supply
Trends in Western Canada 1990-2002 .
Starting with your questions, we develop customized solutions that begin
with answers from our proprietary databases and integrate critical current
information. We continuously monitor activity and supply trends for
fundamental shifts in industry
behaviour.
Our services
range from preparing and delivering a one-hour basin workshop to
stimulate management's strategic thinking process to providing consulting
on large-scale projects and
evaluating plays and areas.
Whatever your
questions regarding gas supply in Western Canada, call the experts at
Forward Energy Group for a solution tailored to your needs.