Natural Gas Supply/Demand Balance: The Case of Trinidad and Tobago SPE 69521
Ransome, Godfrey Furlonge, Haydn
Natural Gas Supply/Demand Balance: The Case of Trinidad and Tobago SPE 69521 - Dallas, Texas Society of Petroleum Engineers 2001 - Ransome, Godfrey .
Given the anticipated development of the natural gas industry in Trinidad and Tobago, this paper addresses the supply-demand balance. A mathematical model was developed to determine the optimal reserves addition profile which meets all projected demand scenarios. It was shown that there is a need to boost reserves by up to 39 tscf in a 20-year period to satisfy a high demand scenario and to maintain a minimum reserves to production ratio of 25 years. This substantial volume would undoubtedly pose a significant exploration challenge to the country. However, substantial exploration activity is taking place and the prospects are promising.
Natural Gas Supply/Demand Balance: The Case of Trinidad and Tobago SPE 69521 - Dallas, Texas Society of Petroleum Engineers 2001 - Ransome, Godfrey .
Given the anticipated development of the natural gas industry in Trinidad and Tobago, this paper addresses the supply-demand balance. A mathematical model was developed to determine the optimal reserves addition profile which meets all projected demand scenarios. It was shown that there is a need to boost reserves by up to 39 tscf in a 20-year period to satisfy a high demand scenario and to maintain a minimum reserves to production ratio of 25 years. This substantial volume would undoubtedly pose a significant exploration challenge to the country. However, substantial exploration activity is taking place and the prospects are promising.
