ConocoPhillips Chief Says ‘Substantial’ Growth Ahead for Global LNG Business

By Carolyn Davis

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Published in: Daily Gas Price Index Filed under:

All signs point to North America becoming the worldwide price setter for natural gas, ConocoPhillips CEO Ryan Lance said Tuesday.

ConocoPhillips U.S. E&P assets

Lance, who helms the world’s largest independent, spoke before a global audience at Gastech 2024 in Houston. U.S. exploration and production (E&P) companies have led the world in unearthing reserves through unconventional drilling, technology they now are sharing – along with LNG exports – with allies overseas.

“The gas reserves here in North America are substantial,” Lance said. He estimated more than “a century of gas” is likely available, ensuring energy security like never before.

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Carolyn Davis

Carolyn Davis joined the editorial staff of NGI in Houston in May of 2000. Prior to that, she covered regulatory issues for environmental and occupational safety and health publications. She also has worked as a reporter for several daily newspapers in Texas, including the Waco Tribune-Herald, the Temple Daily Telegram and the Killeen Daily Herald. She attended Texas A&M University and received a Bachelor of Arts degree in journalism from the University of Houston.