The region’s total natural gas recoverable reserves amounted to 11.5 thousand million tonnes of oil equivalent, representing 6.7% of the global gas reserves. Top countries per recoverable reserves include the United States (10,440 bcm), Canada (1,987 bcm) and Mexico (324 bcm). Similarly, top producing countries include the United States (767.3 bcm), Canada (163.5 bcm) and Mexico (53.2 bcm).

The United States is the world leader in natural gas production, thanks to the recent additions from the gas shale developments (30% increase since 2008). The majority of shale reserves and production come from the Marcellus and Barnett fields. According to EIA, total dry natural gas production increased by 35% from 2005 to 2013, while natural gas consumption increased from 23% to 28% in the same period. BMI Research suggests that gas production will continue to increase owing to cost-competitive developments from non-associated shale fields, growing LNG exports as well as domestic demand in the petrochemical and power sectors. Natural gas consumption reached 2012.5 bcm in 2015, and it is estimated to slightly increase in the following years due to increasing demand in the power sector.

Canada has important natural gas reserves and the vast majority (95.7%) of production occurs in the western provinces of Alberta and British Columbia. The country has significant unconventional gas reserves and some of the players include the Apache exploring the Liard Basin, The Colorado Group in Alberta and Saskatschewan, The Utica Shale in Quebec, and the Horton Bluff Shale in New Brunswick and Nova Scotia. The main export market is the US, but the country will probably have to diversify its exports due to lower gas demand from the States, meaning new investment in upstream and midstream infrastructure is essential to successfully achieve this.

Gas Production

Gas Production886Mtoe per year

Gas Recoverable Reserves11.5thousand Mtoe

Gas Recoverable Reserves by region

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Gas Recoverable Reserves by country

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Top Gas producing countries

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Note

Gas data represents natural gas only, for unconventional gas please refer country notes within the WER 2013 report gas chapter.