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Topic: A Trillion Feet of Gas


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In the News (Sat 19 Dec 09)

  
  Economics and the 1995 National Assessment of U.S. Oil and Gas Resources
Gas dissolved in geopressured brines, oil in tar deposits, and oil shales are excluded from the analysis.
Gas from low-permeability "tight" sandstone reservoirs, oil and gas from shale reservoirs, and coalbed gas were specifically assessed.
For this assessment, 6,000 cubic feet of gas equals 1 barrel of crude oil and 1 barrel of NGL equal 0.667 barrels of crude oil.
pubs.usgs.gov /of/1995/of95-075m/econ_oil&gas.htm   (13547 words)

  
 OCS Gas in GOM 10:2001 Explorer
MMS estimates that the potential of undiscovered resources for deep gas in the Gulf of Mexico is about five to 20 trillion cubic feet of gas, with the most likely value estimated at 10.5 trillion cubic feet.
Of this 10.5 trillion cubic feet, the deep gas potential under existing leases in the OCS is estimated at about 6.3 trillion cubic feet, with another 4.2 trillion cubic feet under blocks not currently under lease.
In the remaining 479 reservoirs discovered outside of the Norphlet Trend area, 7.5 trillion cubic feet was found with an average discovery size of 15.7 billion cubic feet of gas per deep reservoir.
www.aapg.org /explorer/2001/10oct/ocsgulfgas.cfm   (1071 words)

  
 Shale Gas 03:2001 Explorer
Gas shales, he said, are classified as continuous type natural gas plays - accumulations that are pervasive throughout large geographic areas and offer long-lived reservoirs with attractive finding costs.
Resources estimates range from 35 trillion to 76 trillion cubic feet of gas, with technically recoverable gas reserves estimated at 11 to 18.9 trillion cubic feet.
Gas resource estimates for the New Albany Shale range from 86 to 160 trillion cubic feet of gas with estimates of technically recoverable reserves ranging from 1.9 to 19.2 trillion cubic feet.
www.aapg.org /explorer/2001/03mar/gas_shales.cfm   (1793 words)

  
 Gas field discovered in southern Iran   (Site not responding. Last check: 2007-11-03)
feet and the volume of its on-spot gaseous liquids is 82 million barrels.
feet of gas and 58 million barrels of gaseous liquids.
Homa gas field is located an altitude of 1,350 meters and is 40 kms long and 5.5 kms wide.
www.iraniantrade.org /_NewsUpdates/000008df.htm   (166 words)

  
 Unocal's Thailand unit produces
three trillionth cubic foot of natural gas
Three trillion cubic feet of gas is enough to generate all of Thailand's current electricity demand for about four years.
The produced gas is transported by pipeline to a major industrial complex at Rayong, located on the Gulf’s eastern seaboard, for further separation and delivery to end-users.
Gas is also used in the transportation and petrochemical sectors in Thailand.
www.unocal.com /uclnews/97news/091197.htm   (623 words)

  
 Estimated Proved and Unproved Oil and Gas Reserves   (Site not responding. Last check: 2007-11-03)
The status of Gulf of Mexico OCS Federal oil and gas leases as of December 31, 1995, is represented in table 2.
The 899 proved oil and gas fields in the federally regulated part of the Gulf of Mexico OCS contained original proved reserves estimated to be 12.01 billion barrels of oil and 144.9 trillion cubic feet of gas.
The 76 unproved oil and gas fields in the federally regulated part of the Gulf of Mexico OCS contained unproved reserves estimated to be 1.20 billion barrels of oil and 4.1 trillion cubic feet of gas.
www.gomr.mms.gov /homepg/offshore/fldresv/openfile/text.html   (7774 words)

  
 SignOnSanDiego.com > News > Business -- Natural gas crisis eases, adequate winter supplies but higher fuel costs ...
As of last week there were 2.486 trillion cubic feet of gas in storage, close to the five-year national average for this time of year.
Worries about a natural gas crunch were overshadowed in recent months by concerns about soaring summer gasoline prices and the reliability of the nation's electricity grid after the Aug. 14 flout that hit across most or parts of eight states from Michigan to New York.
The EIA estimated that the price of gas at the wellhead – the cost of the gas itself, excluding transmission and distribution charges – which was more $6 a thousand cubic feet last spring, would range from between $4.80 to $5.50 this winter.
www.signonsandiego.com /news/business/20030917-1301-naturalgas.html   (657 words)

  
 Aleutians East Borough: Oil & Gas
Of the gas-prone provinces in the Bering shelf sub-region, the North Aleutian Basin province is estimated to contain 79% of the economically recoverable gas, estimated by the Minerals Management Service at between 0.88 to 7.71 trillion cubic feet of gas resources.
The Minerals Management Service assumed in its development scenario that gas from the North Aleutian Basin would be transported via a 70-mile sub-sea pipeline and 10-mile overland pipeline to a new liquefied natural gas plant and marine terminal at Balboa Bay on the south side of the Alaska Peninsula.
At a price of $3.52 per thousand cubic feet of gas, the province is estimated to have economic gas resources of 0.449 trillion cubic feet of gas, while at $7.00 per thousand cubic feet of gas, as much as 6.7 trillion cubic feet of gas could be recoverable.
www.dced.state.ak.us /dca/AEIS/AleutEast/Oil/AleutEast_Oil_Narrative.htm   (1408 words)

  
 TransTexas Gas report mixed   (Site not responding. Last check: 2007-11-03)
TransTexas reported provenreserves equivalent to 1.14 trillion cubic feet of gas for the year ended July 31, up 412 billion cubic feet from the previous year.
Adding over 400 billion cubic feet of gas in only 12 months is analogous to the discovery of two large offshore gas fields, Trans-Texas President Arnold Brackenridge said in a prepared statement.
The company's average gas price during the quarter was $1.42 per thousand cubic feet, down from $1.73 during the same period a year ago.
www.chron.com /content/chronicle/business/95/10/31/trans.html   (471 words)

  
 Sublette Examiner
"The first significant gas was encountered in 1938 when a well drilling in tertiary rocks at a depth of about 1,700 feet 'blew out' (i.e., uncontrolled flow to the surface) at a rate of between 22 to 77 million cubic feet of gas per day," according to a BLM mineral report.
The Madison Limestone reportedly produces gas from a thick, extensive section of carbonate sediments, averaging 850 feet thick on the crest of the LaBarge platform.
The report estimates that ultimate recovery from the field is expected to be 1.5 trillion cubic feet of gas based on 40-acre well spacing, but could be as high as 3 trillion cubic feet.
www.sublette.com /examiner/v3n4/v3n4s7.htm   (1303 words)

  
 ONGC makes huge gas find in KG-basin
Oil and Natural Gas Corporation, India's largest oil producer, has made a huge gas discovery in deep-sea Bay of Bengal, with initial reserves being assessed to be in the range of 4 to 6 trillion cubic feet.
ONGC struck gas in the Krishna Godavari Basin block KG-DWN-98/2, which lies adjacent to Reliance Industries' D6 block, where 11.9 trillion cubic feet of certified in place gas reserves have been struck till date.
Cairn had established 0.75 to 1 trillion cubic feet of gas reserves in Annapura and at least 200 million barrels of oil reserves in prospects 'P' and 'M'.
www.rediff.com /money/2005/sep/02ongc.htm   (323 words)

  
 Lake and Peninsula Borough: Oil & Gas
Estimates of offshore oil and gas resources are presented in the document Undiscovered Oil and Gas Resources, Alaska Federal Offshore (updated December 2000).
At a price of $3.52 per thousand cubic feet of gas, the province is estimated to have economic gas resources of 0.449 trillion cubic feet of gas, while at $7 per thousand cubic feet of gas, as much as 6.7 trillion cubic feet of gas could be recoverable.
Some gas liquids would be separated and transported to the marine terminal in Valdez, where it would be co-mingled with North Slope crude and shipped to the West Coast.
www.dced.state.ak.us /dca/AEIS/LakePen/Oil/LakePen_Oil_Narrative.htm   (1797 words)

  
 Helium in Gas Fields as Time Clocks
The Hugoton gas area is in an area of moderate to high radon risk per the following figure, and this we will use as an indication of the relative radioactivity of the area.
And if we assume that the natural gas in the area has been 50% depleted, we have an estimate of, in round numbers, 1.0 x 10*10 cubic feet per square mile of natural gas in the area.
Therefore, if the majority of the helium gas generating radioactive material is indeed concentrated in the earth crust, we can only conclude that the helium generation rates that we used in our calculations are "in the ballpark".
www.accuracyingenesis.com /helium.html   (1581 words)

  
 PakDef Forums - Balochistan Has 30 Trillion Cusecs Feet Gas Reserves: SNGPL
PESHAWAR: General manager Sui Northern Gas Pipeline Limited has said that more than 30 trillion cusecs feet gas reservoirs have been discovered in Balochistan, which would meet the country's requirements for the next 50 years.
He said very soon 18 kilometres new gas pipeline would be laid from Sugar Mills to Suri Pul to increase gas pressure to the consumers.
He said that gas connections to the commercial consumers in Mardan and Peshawar would be provided soon.
www.pakdef.info /forum/showthread.php?t=878   (347 words)

  
 RIGZONE - Finavera Says Lough Allen Gas Field Could Hold 1.5 Billion boe
This evaluation, completed in conjunction with Schlumberger has estimated a potential in situ resource of 9.4 trillion cubic feet of gas, or 1.5 billion barrels of oil equivalent, with a predicted average recovery rate of 40 percent.
The resource estimate of 9.4 trillion cubic feet of gas (TCF) is based on two of the three reservoirs.
Tight gas reservoirs are becoming increasingly important for exploration and development in North America and Europe due to the global increase in demand for natural gas.
www.rigzone.com /news/article.asp?a_id=29354   (704 words)

  
 Oil and gas I   (Site not responding. Last check: 2007-11-03)
In the 1980's a similar discovery occurred when natural gas was hit in deeper strata known as the Prairie du Chien formation, and in the Antrim shale.
Considerable amounts of oil and gas were sealed in the Niagaran Reefs, which formed along the edges of a salt sea that covered Michigan during the Silurian period.
But the gas wells into the Antrim shale, shown in the map below as red dots, occur in areas slightly to the south, where the Antrim shale is slightly buried.
www.geo.msu.edu /geo333/Oil&gas.html   (1385 words)

  
 Oil and Gas Investor: Editor's Comment   (Site not responding. Last check: 2007-11-03)
During March 2004, some 380 million cubic feet of gas equivalent was produced each day from 250 wells in the Pinedale, Mesa Unit and Warbonnet fields on the Pinedale Anticline, reports the Wyoming Oil & Gas Conservation Commission.
Houston-based Ultra Petroleum is currently producing 104 million cubic feet of gas per day from Wyoming, mainly from its properties on the Anticline.
Questar Corp., another leading operator on the Anticline, was producing an average 106 million cubic feet of gas equivalent per day from both its regulated (Wexpro) and nonregulated properties during the first quarter.
www.oilandgasinvestor.com /comment/1092434826.html   (594 words)

  
 Summary of Result-1995 National Assessment of U.S. Oil & Gas Resources   (Site not responding. Last check: 2007-11-03)
The technically recoverable conventional resources of natural gas in measured reserves, future additions to reserves in existing fields, and undiscovered accumulations equal approximately 715 trillion cubic feet of gas.
We estimate about 300 TCFG (trillion cubic feet of gas) of technically recoverable natural gas in continuous-type deposits in sandstones, shales, and chalks, and almost 50 TCFG of technically recoverable gas in coal beds.
The total technically recoverable oil and gas resource base onshore and in State waters of the United States is listed in table 1 and shown on figures 1 and 2.
pubs.usgs.gov /circ/1995/circ1118/resass/resass_summary.html   (205 words)

  
 Estimated Proved and Unproved Oil and Gas Reserves
Gulf of Mexico Outer Continental Shelf, December 31, 1996
...
  (Site not responding. Last check: 2007-11-03)
This report, Estimated Proved and Unproved Oil and Gas Reserves Gulf of Mexico Outer Continental Shelf, December 31, 1996, indicates an increase of about 0.41 billion barrels of liquid (oil and gas condensate) and an increase of 1.9 trillion cubic feet of gas in remaining proved reserves as compared to the December31,1995, estimates.
Unproved reserves as of December 31, 1996, have been estimated to be 1.00 billion barrels of oil and 3.7 trillion cubic feet of gas.
Original proved reserves are estimated to have been 12.79 billion barrels of oil and 151.9 trillion cubic feet of gas from 920proved fields under the Federal submerged lands in the Gulf of Mexico.
www.gomr.mms.gov /homepg/whatsnew/techann/980702.html   (392 words)

  
 Natural Gas Extraction
In the US about 20 trillion cubic feet of gas is produced each year.
Gas extraction and feeder pipelines from wells to collection tanks is regulated under state and federal environmental laws.
Oil and gas prices are both current and historical to 1975.
www.bydesign.com /fossilfuels/links/html/natural_gas/gas_get.html   (1048 words)

  
 Asia Times - News and analysis from throughout Southeast Asia
Indonesia has natural gas reserves of 140 trillion cubic feet, and at present, only 80 trillion cubic feet of that gas is contracted out.
The three gas deals for the export market are gas sales to Singapore, Fujian province in China and Posko in South Korea.
He said the company still has 2 trillion cubic feet of gas left to sell, and is in discussions with PGN and Indonesia's state electricity company, PLN, among other markets both inside and outside of Indonesia to try and sell that gas.
www.atimes.com /atimes/Southeast_Asia/FH11Ae01.html   (589 words)

  
 anwr.org - Making the Case for ANWR Development   (Site not responding. Last check: 2007-11-03)
An estimated 67% of oil reserves and 40% of natural gas reserves are on federal lands in America's western states.
Natural gas, produced with the oil, continues to be reinjected pending studies to determine feasibility of a pipeline to U.S. markets.
Natural gas, produced with the oil, could be reinjected or added to a new gas pipeline originating in Prudhoe Bay.
www.anwr.org /case.htm   (743 words)

  
 The Next Potential Trillion Cubic Feet Major League Player in Natural Gas, in the U.S. Rockies ... Avalon
The lease comprises 13,189 acres with a potential 4 trillion cubic feet recoverable gas and is over-pressured by a 0.55 - 0.85 gradient.
Major energy companies today recognize that tight gas reservoirs, where geological formations make production complex, and coal-bed methane, where gas is extracted from coal deposits, are two of the more important near term sources to boost North American production of natural gas as demand outstrips supply and drives up prices.
The U.S. Geological Survey estimated (in 1995) basin-center and deep-basin gas resources in the Rocky Mountain Laramide basins to be 250 TCF.
www.ereleases.com /pr/20050105006.html   (373 words)

  
 Finding Natural Gas
The chief deposits of "dry gas" (not associated with oil) are in Texas, Louisiana, Kansas, Oklahoma, Kentucky and West Virginia.
As with oil, finding gas is the job principally of geologists and many of the same techniques are used, especially seismic studies.
Brigham Oil and Gas L.P. - oil and gas exploration and development company focusing on the implementation of 3D seismic techniques.
www.bydesign.com /fossilfuels/links/html/natural_gas/gas_find.html   (751 words)

  
 Boston.com / News / Nation / Report urges expansion of offshore gas drilling
The advisory panel's report says that closed federal lands in the Rocky Mountain states, in particular, hold 69 trillion cubic feet of gas reserves that should be accessible.
The panel also recommends that drilling bans in areas of the eastern Gulf of Mexico off Florida, as well as the Atlantic and Pacific coasts, which may hold 80 trillion cubic feet of gas, should be lifted in phases beginning in 2005.
Access to untouched land and offshore reserves could add 3 billion cubic feet per day to US gas production by 2020, lowering gas costs and saving American consumers $300 billion over a 20-year period, the report said.
www.boston.com /news/nation/articles/2003/09/26/report_urges_expansion_of_offshore_gas_drilling   (442 words)

  
 Natural Gas Prices
Natural gas accounts for about 24 percent of the nation's total energy consumption, and manufacturing and industry are heavy users.
A report by a committee of oil and gas executives who advise the Energy Department says natural gas prices could average between $5 and $7 per 1,000 cubic feet for years to come without significant advances in energy efficiency.
More than 60 million Americans heat their homes with natural gas, up from about 48 million in 1987, and 90 percent of all new power plants use this fuel, which has been embraced because it burns cleaner than coal and can be found domestically in large quantities.
healthandenergy.com /natural_gas_prices.htm   (2274 words)

  
 Oil and Gas Investor: Editor's Comment   (Site not responding. Last check: 2007-11-03)
In May 2001, according to the Wyoming Oil & Gas Conservation Commission, 5,854 CBM wells in its portion of the Powder River Basin produced 656 million cubic feet of gas per day.
The Wyoming State Geological Survey places recoverable CBM gas resources in the basin at 25.1 trillion cubic feet of gas; to date, production has totaled less than 400 billion cubic feet (Bcf), leaving an immense amount of gas still in the ground.
Tens of thousands of wells are required, as the average production rate per well after dewatering is just 160,000 cubic feet of gas and 400 barrels of water per day.
www.oilandgasinvestor.com /comment/1005694810.html   (230 words)

  
 Permian Basin Oil&Gas Report Article, May 26, 2002
The occasional phenomenal 20+ billion cubic feet of gas well has kept companies in the hunt, albeit sparingly due to the high cost of drilling and completing, typically $2-$3 million, but occasionally exceeding $7 million for a single well.
Over 10 trillion feet of gas (nearly $30 billion worth of natural gas in today's prices) were produced from the first of these trends in since the 1960's.
Geologists familiar with the play attribute several tens of trillions of cubic feet of gas to its eventual exploitation, which will depend primarily upon companies being able to predict good reservoir quality before drilling.
www.drillinginfo.com /ArticleGasPlaysI.htm   (836 words)

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