Development of a natural gas systems analysis model (GSAM). Annual report, July 1996--July 1997

The objective of GSAM development is to create a comprehensive, non-proprietary, microcomputer model of the North American natural gas system. GSAM explicitly evaluates the key components of the system, including the resource base, exploration and development practices, extraction technology performance and costs, project economics, transportation costs and restrictions, storage, and end-use. The primary focus is the detailed characterization of the resource base at the reservoir and subreservoir level. This disaggregation allows direct evaluation of alternative extraction technologies based on discretely estimated, individual well productivity, required investments, and associated operating costs. GSAM`s design allows users to evaluate complex interactions of current and alternative future technology and policy initiatives as they directly impact the gas market. GSAM development has been ongoing for the past five years. Key activities completed during the past year are described