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Oil and Gas Supply - Regional Oil and Gas Supply

Datamonitor, Aug 2010, Pages: 142


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Having witnessed in 2008 the first major signal that future conventional oil and gas supplies will become much harder to find and more expensive to develop, Datamonitor is publishing a range of onshore and offshore oil and gas production forecasts set against a backdrop of consumption and trade forecasts across the world.

Scope

- Insight on oil and gas production trends in the producing regions across the world, along with 10 year production forecasts.

- Forecasts of oil and gas consumption in specific regions across the globe.

- An evaluation of likely future oil and gas trade patterns and export capabilities.

- Understanding of the changing nature of production capability in specific markets and how this will change over time.

Highlights of this title

North American gas production has been almost flat for a decade, constrained by flat US demand. Now as onshore gas production increases from unconventional sources, and there is modest growth in offshore output, total gas production is expected to rise over the next decade.

West Africa is seeing, and will continue to see for at least five years, exceptional oil output growth from offshore areas. This is almost solely due to oil from the deep waters of Angola, Nigeria and other countries south of Nigeria, plus Ghana. By 2014 the rate of increase will be reduced and the region will then reach an output plateau.

From 2012 Middle East oil production is forecast to see persistent growth, both onshore and offshore, especially from Iraq, only flattening off after 2020. Onshore regions have seen the most quota restrictions and therefore will experience the strongest growth.

Key reasons to purchase this title

- Gain understanding of which markets will see increased production levels over the next decade.

- Identify potential commercial opportunities through an understanding of changing demand and supply dynamics in specific markets.

- Analyse the changing balance between on and offshore production.




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