26 Jan '12, 1pm

With Gas so Cheap and Well Drilling Down, Why is Gas Production so High?

With Gas so Cheap and Well Drilling Down, Why is Gas Production so High?

Interesting perspective. In general it's good to not forget the time lag involved especially with offshore fields. Sometime investment decisions are made years before the actually price of oil/NG can be estimated confidently. Maybe I missed it but I didn't notice one very significant factor explaining the increase in domestic NG production: the Deep Water Independence Hub in the GOM . From RigZone: "Natural gas production through the Hub began on July 19, 2007, from the first of 15 subsea wells located in 10 anchor fields. The producers expect to ramp up production toward the Hub's capacity of 1 billion cubic feet of natural gas per day (Bcf/d) by late 2007. " Literally in a month's time US NG production increase 1 bcf/day. During the second quarter of 2011 the IH surpassed a milestone of more than 900 bcf of cumulative NG transported. Not coincidentally this is when the E...

Full article: http://www.theoildrum.com/node/8859

Tweets

Obama: Open 75% More US Land for Gas & Oil Drilling, "Double Down" on Clean Energy

Obama: Open 75% More US Land for Gas & Oil Dril...

treehugger.com 25 Jan '12, 4am

Obama's third State of the Union address went pretty much the way everyone thought it would (see my predictions here ). Th...

Obama Embraces Natural Gas Fueled Trucking

Obama Embraces Natural Gas Fueled Trucking

spectrum.ieee.org 27 Jan '12, 2am

Visiting Las Vegas today, President Obama officially opened the country's first natural gas trucking corridor, a stretch l...

@Keliciousx Mon/Tue GV Tampines 6.50pm? Or you ...

gv.com.sg 27 Jan '12, 3pm

Maxine is a helpless divorcee. Seeing the abundance of single men with free time on their hands, and all the single women ...

Blog: What Lord Lawson didn't tell you about sh...

foe.co.uk 24 Jan '12, 12pm

© Christopher Furlong/Getty Images What Lord Lawson didn't tell you about shale gas That charming Lord Lawson feller was o...

Is natural gas a bridge to nowhere?

Is natural gas a bridge to nowhere?

grist.org 24 Jan '12, 10pm

Cross-posted from Climate Progress . President of American Gas Association (AGA), 1981: In fact, gas energy — currently Am...

2012 Honda Fit Vs 2012 Honda Insight Hybrid: High Gas Mileage Battle #car #green

2012 Honda Fit Vs 2012 Honda Insight Hybrid: Hi...

greencarreports.com 25 Jan '12, 6pm

Surprisingly, given the extra length of the Insight, the Fit actually has greater interior passenger and cargo volume, mai...

@kyfireice

soft.com.sg 29 Jan '12, 3am

WTS Bass Hardcase Cheap Cheap Cheap By dooda in forum Accessories - Buy/Sell Replies: 3 Last Post: 09-11-11, 03:27 PM Sell...

Developing Renewable Energy Resources of Landfi...

ecogeek.org 24 Jan '12, 6pm

At present, landfill gas is the source of power for more than a million homes and of heat for over three-quarters of a mil...

Fact-Checking Obama: Is There Really '100 Years...

treehugger.com 27 Jan '12, 9pm

Earlier this week in his State of the Union Address , Obama announced his intention to accelerate domestic natural gas pro...

Increased Use of Natural Gas Will Make Climate ...

treehugger.com 23 Jan '12, 7pm

The U.S. Energy Information Administration projects that unconventional gas, mainly from shale, will supply nearly half of...

The Downs and Ups of Gas Prices: Gas exports co...

thedailygreen.com 22 Jan '12, 3pm

January 22, 2012 at 9:58AM by Jim DiPeso | comment The boom in domestic gas production will drive down gas prices and cut ...

Gas Exports: Driving Up Prices, Carbon Dioxide ...

thedailygreen.com 22 Jan '12, 3pm

January 22, 2012 at 9:58AM by Jim DiPeso | comment The boom in domestic gas production will drive down gas prices and cut ...

Immediate action should be taken to stop drinki...

switchboard.nrdc.org 19 Jan '12, 4am

I just learned from a news article that, in 2008, two families in Medina County, Ohio, reported that their drinking water ...

Tata Motors makes natural gas commitment

thegreencarwebsite.co.uk 21 Jan '12, 11pm

Indian car maker Tata Motors will highlight its commitment to natural gas technology after selecting Omnitek Engineering C...

Tech Talk - Oil production from Western Siberia

theoildrum.com 29 Jan '12, 12pm

There are two basic reservoir conditions that lead to high water cuts. First, as a water drive oil reservoir is produced t...