OCS Policy Committee Meeting October 25, 2000 - Fairfax, Virginia

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OCS Policy Committee MeetingOctober 25, 2000 -
Fairfax, Virginia

• Natural Gas Supplies for North America
• James H. Holt
• Betts Holt
• Canadian Association of Petroleum Producers

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North American Natural Gas Demand
Forecast
Warm Winters
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Canadian and U.S. Natural Gas Pipelines
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Export Capacity - Major Export Points(MMcfd -
Rounded)
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W. Canada - Gas Supply Pipeline Capacity
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Nova Scotia Breakdown (MMcfd)

• Maritimes P/L inlet capacity 550
• Maritimes P/L export capacity 400
• Immediate term domestic demand 170
• Mid-Term production increasing to 900-1000

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Natural Gas Prices 1980 - 2000(Alberta Plant
Gate - before transportation), Annual Average
(Current)
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Natural Gas Prices 1980 - 2000(Alberta Plant
Gate - before transportation), Annual Average
(Constant 1980)
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WCSB Natural Gas R/P Ratio
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Natural Gas Resources - Ultimate Potential
North of 60? 175 Tcf
Remaining
Produced
Other Frontier 89 Tcf
British Columbia 50 Tcf
East Coast 63 Tcf
Alberta 270 Tcf
Saskatchewan 9 Tcf
Source National Energy Board
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Natural Gas Resources BreakdownUltimate
Potential (TCF)
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Natural Gas Wells Drilled in Canada
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Canadian Oil and Gas Spending
Payments to Governments Royalties, Land Bids,
Income Tax, Fees, Property Tax
Operating Costs
Capital Investment Exploration,
Development Drilling, Production, etc.
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Gas Drilling - Western Canada
657
980
399
546
651
336
1999
2000
N.E. BC
N.W. Alberta
N.E. Alberta
890
852
485
558
393
161
Central AB
Foothills Front
1479
3079
East Central Alberta
2615
842
S.W. Sask.
S.E. Alberta
Source PSAC
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Canadian Natural Gas Production
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Canadian Natural Gas Exports
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North American Natural Gas Production
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