Alaskan North Slope gas seen viable at $3/MMbtu

Exploiting Alaska's North Slope natural gas reserves is feasible at a Henry Hub price of less than $3/MMbtu.That's among the chief findings of an industry-sponsored study by Purvin & Gertz (P&G), Houston.Most analysts currently project that US natural gas prices will average more than $5/MMbtu this year and probably next year, and many longer-range forecasts put the average at more than $3/MMbtu.Generally, P&G found that ANS gas can be developed within a reasonable timeframe but that major challenges exist. The study, completed last fall but not made generally available until late last month, looked at key issues surrounding ANS gas development and explored and quantified various...

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