KETEP 세계에너지시장정보

1.  Introduction 1

2.  Literature  3
 2.1.  Regional US Oil and Gas Supply Elasticities 3
 2.2.  Methane Emissions from Oil and Gas Supply and LNG 4
 2.3.  LNG Exports’ Impact on Domestic Gas Prices 5

3.  Data 6

4.  Methods 6
 4.1.  Drilling 7
 4.2.  Well Completion 8
 4.3.  Production from Newly Drilled Wells 9
 4.4.  Production from Existing Wells 10
 4.5.  Modeling Demand Shocks 12
 4.6.  Incorporating Methane Leak Estimates 13

5.  Results  14
 5.1.  Drilling Elasticities 14
 5.2.  Elasticities of Initial Productivity 16
 5.3.  Production Pathways 17
 5.4.  US Total Oil and Gas Supply Elasticities 19
 5.5.  Effects of Exogenous Price Shocks 20
 5.6.  Effects of Exogenous Demand Shocks 22
 
6.  Comparison of Results with Those of Other LNG Studies 28

7.  Conclusions 29

References 30

Appendix 33