Ziff: Producers try to wring more gas from Canada, GOM

05/03/2004
North American producers are not yet on track to meet earlier expectations that new natural gas supplies from Canada, the Gulf of Mexico, and nonconventional US land sources will accommodate a US natural gas market of more than 30 tcf by 2015, said a panel of industry experts Apr. 19.In 1999, the US Energy Information Administration was projecting that gas production from the Gulf of Mexico would grow to 18 bcfd by 2005. But in reality, gulf producers will struggle to produce 12-13 bcfd of gas in 2004 and are not likely to add another 5-6 bcfd within a year, said David Trice, CEO of Houston-based Newfield Exploration Co. at a 2-day North American natural gas strategies conference that ope...
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