Development of a natural Gas Systems Analysis Model (GSAM). Annual report
Lacking a detailed characterization of the resource base and a comprehensive borehole-to-burnertip evaluation model of the North American natural gas system, past R&D, tax and regulatory policies have been formulated without a full understanding of their likely direct and indirect impacts on future gas supply and demand. The recent disappearance of the deliverability surplus, pipeline deregulation, and current policy debates about regulatory initiatives in taxation, environmental compliance and leasing make the need for a comprehensive gas evaluation system critical. Traditional econometric or highly aggregated energy models are increasingly regarded as unable to incorporate available geologic detail and explicit technology performance and costing algorithms necessary to evaluate resource-technology-economic interactions in a market context. The objective of this research is to create a comprehensive, non-proprietary, microcomputer model of the North American natural gas system. GSAM explicitly evaluates the key components of the natural gas system, including resource base, exploration and development, extraction technology performance and costs, transportation and storage and end use. The primary focus is the detailed characterization of the resource base at the reservoir and sub-reservoir level and the impact of alternative extraction technologies on well productivity and economics. GSAM evaluates the complex interactions of current and alternative future technology and policy initiatives in the context of the evolving gas markets. Scheduled for completion in 1995, a prototype is planned for early 1994. ICF Resources reviewed relevant natural gas upstream, downstream and market models to identify appropriate analytic capabilities to incorporate into GSAM. We have reviewed extraction technologies to better characterize performance and costs in terms of GSAM parameters.
Year of publication: |
2008-02-12
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Subject: | natural gas | energy planning, policy and economy | NATURAL GAS | ENERGY MODELS | NORTH AMERICA | RESOURCE DEVELOPMENT | EXPLORATION | PROCESSING | TRANSPORT | STORAGE | COST | USES | PIPELINES | CAPACITY | DRILLING | COMPUTERS | MARKET |
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