Analysing North American Natural Gas Production

Today on The Oil Drum is an excellent analysis of production from the Western Canada Sedimentary Basin… also know as “The Oil (and Gas) Patch”.

This is where 95% of Canadas’ Natural Gas comes from. And where 1/4 of all of North Americas used Natural Gas is extracted.

Please, go check it out… but the basics are this. In 1999, the National Energy Board of Canada predicted two scenarios for future Natural Gas production in Canada… Scenario #1: Peak is in 2013 and Scenario #2 Peak was in 2008. (As I’ve mentioned before on this blog)

Now… however, In the 2003 report… *both* scenarios show the Peak has having already passed in 2001.

That means we in Canada will never produce as much Natural Gas as we did in 2001.

Never.

Go check out the rest of the analysis of these statistics from NEB and StatsCan.

P.S. You’ll also note in the graphic showing all the various reserves of Natural Gas in North America. You will notice that the reserves under moratorium in the Queen Charlotte Basin and the West Coast of Canada are not included. There are wildly different estimates for the size of those reserves… from 25 triilion cubic meters (BC Energy and Mines, date unknown) or just around 1 trillion cubic meters (Geological Survey of Canada, 1988).

Either way… the reserve there is significantly less, even than the reserves on the East Coast, and are completely dwarfed by the WCSB.

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