Pipeline maps related documents

  • dd2bc5288f62a8e2

    Comment of The West Slope Colorado Oil & Gas Association under CP13-483, et. al.

    2015:02:12

    From the Piceance Basin to the Pacific Rim How Expanded U.S. LNG Exports Could be Critical to the Development of Natural Gas Reserves in Western Colorados Piceance Basin An Analysis for the Grand Junction Economic PartnershipAUTHORS NOTE Every effort has been made to make this a plain spoken white paper. It is designed to appeal to the average person on the street (from Grand Junction, Colo., to the potential LNG purchaser in Asia), not just industry experts. The most difficult challenge for a by John Harpole non-natural gas industry reader will be the constant use of a variety of measurements related to natural gas, plus the scale and Authors Note ...................................... 1 meaning of that measurement [i.e., MCF (thousand cubic feet), BCF (billion cubic feet), TCF (trillion cubic feet), MMBtu (million Introduction ......................................... 1 British thermal units), cubic meters (m3)]. In an effort to assist the reader, the first exhibit in the Appendix presents a comparison of U.S and Piceance Basin Production and those measurements discussed in this white paper. They will help Reserves ............................................... 5 the reader better understand the scale of natural gas from the producing wellhead to its final point of consumption. I would Williams Fork ............................ 5 encourage you to review that two-page Appendix on scale prior to reviewing this analysis. Deep Mancos Shale ................... 7Long Term Transactions in the INTRODUCTION Piceance ..................................... 8 Thanks to the combination of hydraulic fracturing and horizontal drilling in shale formations, the U.S. is experiencing an energy Midstream Infrastructure .................. 9 revolution. According to a story in the Seattle Times on June 29, 2014, Last fall, Wallace Tyner, an energy economist at Purdue Natural Gas Pipeline University, estimated in a study that the shale revolution was Transportation out of Western adding some $473 billion per year to the U.S. economy, or about 3 Colorado .................................... 9 percent of the gross domestic product. Energy consulting firm IHS recently estimated that more than 2.1 million jobs in the U.S. are Natural Gas Pipeline now supported by shale-related oil and gas activity. That Shale Transportation out of the Revolution has not gone unnoticed by the rest of the world. Rockies ..................................... 12 Emerging world demand for liquefied natural gas may likewise Rockies Express Pipeline ....... 15 increase demand and create new markets for western Colorado Piceance Basin production. That is especially true for a Buyer of Ruby Pipeline .......................... 17 natural gas that is looking for price security and marketability over a 20-year time frame. LNG Exports ...................................... 19Conclusion. ........................................ 24