Canadians

As the output from many of the natural gas producing basins in the United States declines and energy players focus overseas, the industry remains short on answers as to how North America will continue to feed its voracious appetite for gas.

As the output from many of the natural gas producing basins in the United States declines and energy players focus overseas, the industry remains short on answers as to how North America will continue to feed its voracious appetite for gas.

Government observers in Ottawa, convinced the North American market has entered an era of tight supplies and high prices, anticipate a steady rise in the value of Canadian natural gas as far ahead as their computer projections can see.

Government observers in Ottawa, convinced the North American market has entered an era of tight supplies and high prices, anticipate a steady rise in the value of Canadian natural gas as far ahead as their computer projections can see.

After a year of 6% gas production growth in 2001, Canadian gas production growth in January and February is beginning to slow down. Canadians may be unable to make significant gains without another Ladyfern-type find, said Lehman Brothers analyst Thomas Driscoll.

After a year of 6% gas production growth in 2001, Canadian gas production growth in January and February is beginning to slow down. Canadians may be unable to make significant gains without another Ladyfern-type find, said Lehman Brothers analyst Thomas Driscoll.

With Canada’s newest natural gas export pipelines running at or near capacity, attention is riveted on how to cope with excess space on the old mainstay. As of June, the latest fully-reported month, Alliance Pipeline and Maritimes & Northeast Pipeline (M&NP) were meeting or exceeding expectations.

With Canada’s newest natural gas export pipelines running at or near capacity, attention is riveted on how to cope with excess space on the old mainstay. As of June, the latest fully-reported month, Alliance Pipeline and Maritimes & Northeast Pipeline (M&NP) were meeting or exceeding expectations.

Gas development is accelerating in Canada, according to two government agencies that report healthy signs for reserves and production. In Alberta, still the source of about four-fifths of Canadian gas, production companies have nearly doubled their performance in the field. In 2000, a record 8,228 gas wells replaced 90% of the year’s production, the Alberta Energy and Utilities Board said in an annual review. In 1999, it took 6,015 wells to replace 56% of the province’s gas output.