Production growth from shale plays and the return of production that had been lost in last year’s hurricanes have been masking a decline in North American conventional natural gas production, but they may not be able to continue to cover those declines in the short term, according to ARC Financial Corp. chief energy economist Peter Tertzakian.
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Analyst: Shale Plays May Not Cover Conventional Declines in 2010
Production growth from shale plays and the return of production that had been lost in last year’s hurricanes have been masking a decline in North American conventional natural gas production, but they may not be able to continue to cover those declines in the short term, according to ARC Financial Corp. chief energy economist Peter Tertzakian.
September 25, 2009