America's New Energy Future: Unconventional Oil & Gas

Page 48

America’s New Energy Future: The Unconventional Oil and Gas Revolution and the US Economy Volume 1: National Economic Contributions, Appendix D

US Lower 48 Production, Prices, and Value of Production: Unconventional Oil and Unconventional Gas Unconventional Oil Production (Mbbl) Value of Production (2012 $US Million)

2012 754,835 71,740

2015 1,276,416 98,718

2020 1,617,907 144,867

2025 1,652,852 154,724

2030 1,640,735 151,834

2035 1,643,150 142,642

Unconventional Gas Production (Bcf) Value of Production (2012 $US Million)

13,183 33,881

16,158 70,608

21,728 90,390

25,408 113,066

26,665 126,127

29,219 148,142

WTI Price (2012 $US per bbl) Henry Hub Price (2012 $US per Mcf)

$95.04 $2.57

$77.34 $4.37

$89.54 $4.16

$93.61 $4.45

$92.54 $4.73

$86.81 $5.07

Source: IHS CERA

IHS

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