PFC Energy's Global Liquids Supply Forecast (GLSF) provides executives, strategic planners, country and regional portfolio managers with an objective, rigorous, and probabilistic set of crude oil and natural gas liquids production forecasts by country to 2020.  Among other uses, clients can use the GLSF as a reference for what a country or given region is likely to produce by year and as a tool to assess both commercial opportunities and conditions that would be necessary to materially change predicted production growth.

The GLSF can help clients determine:

• Non-OPEC production capacity within the next 15 years
• Which countries are in decline and which have significant upside potential
• Requirements for new exploration activity to maintain production
• OPEC's capacity versus likely production with quota constraints
• The outlook for natural gas liquids supply
• Likely liquids supply slate by quality

PFC Energy has developed P10/P50/P90 views of each country's production using a layered approach which includes:

• Current production base with projected decline rate
• Production from identified new development projects
• Production from discovered reserves with no reported development plans
• Production from reserves yet-to-be discovered

• Robust, probabilistic forecast of crude oil, NGLs and condensates production for all producing countries to 2020
• Global forecast of Non-OPEC liquids production based on PFC Energy's supply/demand model
• Estimate of potential OPEC capacity by country
• Estimate of pressure on OPEC quotas and resulting impact on new capacity additions
• Estimate of liquids supply by quality for the P50 production forecast in each country and globally, OPEC and Non-OPEC

Country, Regional and Global Summaries include the following:

• PowerPoint files to show study results, including underlying strategic assumptions
• Accompanying Excel spreadsheets with forecast data by country