in ,

ICF Forecasts North American Oil, Gas Production Trends Through 2035

ICF Forecasts North American Oil, Gas Production Trends Through 2035 - top government contractors - best government contracting event

ICF, ExecutiveMosaicICF International has released projections for natural gas, natural gas liquids and oil production across the U.S. and Canada through 2035.

The first-quarter 2014 Detailed Production Report forecasts slowed gas production rates across the Haynesville Shale, the Greater Green River Basin, the Barnett Shale and the Fayetteville Shale due to a decrease in gas drilling activity, ICF said Thursday.

Natural gas liquids production in the U.S. has increased by more than 600,000 barrels per day in the last five years and the report projects that growth to double by 2035.

ICF’s report also predicts that unconventional oil plays output will sustain its growth.

The report indicates risks for bitumen production in Western Canada's oil sands arising from delays in crude transport construction.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Industry News

mm

Written by Ross Wilkers

Accenture to Help Manage Spain-Based Public Education IT System - top government contractors - best government contracting event
Accenture to Help Manage Spain-Based Public Education IT System
DynCorp Subsidiary Holds Prime Spot on $2.5B USAID Support Contract; George Krivo Comments - top government contractors - best government contracting event
DynCorp Subsidiary Holds Prime Spot on $2.5B USAID Support Contract; George Krivo Comments