April 2003
Supplement

03-04_implications-pruner_T1.htm (Apr-2003)

A monthly magazine offering industry news, statistics and technical editorial to the oil and gas drilling, exploration and production industry.

 

  US Gas Supply-Demand Summary  
  Tcfe   1998   1999   2000   2001   2002E   2003E   2004E   2005E   2006E  
  US Production Trends 52.1 51.1 50.4 50.8 48.0 47.1 46.1 45.2 44.8  
  Imports from Canada 8.3 9.1 9.5 9.9 9.6 9.1 9.2 9.3 9.4  
  Exports to Mexico -0.1 0.0 -0.3 -0.4 -0.6 -0.7 -0.8 -0.9 -0.8  
  LNG Imports 0.2 0.4 0.6 0.7 0.7 1.5 2.0 2.5 2.8  
  LNG Exports to Japan -0.2 -0.2 -0.2 -0.2 -0.2 -0.2 -0.2 -0.2 -0.2  
 
 
  Total US New Supply 60.3 60.5 60.1 60.8 57.6 56.8 56.4 55.9 56.0  
  New Supply Growth 0.3% -0.7% 1.2% -5.3% -1.3% -0.8% -0.8% 0.1%  
  Available Gas In Storage -1.6 0.6 1.9 -2.8 1.6 -0.3 -0.3 0.0 0.0  
 
 
  Total Available Supply 58.7 61.1 62.0 58.0 59.2 56.5 56.1 55.9 56.0  
  Total Gas Demand 58.7 61.1 62.0 58.0 59.2 56.5 56.1 55.9 56.0  
  Supply/Demand Growth   4.0% 1.4% -6.4% 2.0% -4.5% -0.8% -0.2% 0.1%  
  Source: Lehman Brothers  
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