Andrew Smiddy
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OCT
21
WED
From Price to Production: Inside EIA's Lower 48 Supply Model
In-Person · Arlington (Washington), VA
Economics
Energy
Policy
Oil & Gas
The presentation opens up the U.S. Energy Information Administration’s Hydrocarbon Supply Module, which converts oil and natural gas prices into production projections for the Lower 48 onshore sector. Topics include representative-well construction, fiscal terms, price expectations, project ranking, drilling constraints, capital allocation, and the relationship between prices and activity. Andrew Smiddy is the lead modeler for the Hydrocarbon Supply Module and is leading its modernization, including updates to decline-curve fitting, type-well construction, and resource characterization.