This self-contained reference covers the chemistry, process chemistry, technology, engineering, and economics of methane conversion, including its environmental impact and commercial exploitation. Beginning with methane's availability and increasing importance as an environmentally acceptable natural resource alternative and feedstock, Methane and Its Derivatives elucidates derivative production by synthesis gas and methane conversion routes discusses methanol and ammonia synthesis, synthetic gasoline, and oxygenate fuels technologies presents data on critical, supercritical, and transport properties, chemical reactions and equilibria, and solubility introduces recent gas engineering techniques, from NOx and SOx removal, and membrane gas separation, to multiphase transport phenomena and cryogenic processes surveys contemporary analytical chemistry and trace component identification methodologies highlights current trends of petrochemical industries and much more

Originally published in 1972, Regulation of the Natural Gas Producing Industry combines several papers prepared for a seminar in Washington D.C in 1970.The purpose of this seminar was to exchange views between specialists on the issues related to regulation natural gas production. As such these papers explore issues such as producer price regulations, arguments for and against the regulation of natural gas, the changing environment of natural gas supply and what the future holds in terms of the natural gas producing industry. This title will be of interest to students of Environmental Studies and policy makers.

In recent years, natural gas has become a major source of energy, with trade across borders increasing through both pipelines and as Liquefied Natural Gas (LNG). Owing to this global development, this book traces the development of the gas supply industry, from localised to national industries and national industries to a major global industry. It looks at the basic economics and origins of the industry, as well as the role of the government in its development and relation to international markets. The book highlights certain economic characteristics such as the industry's vertical and horizontal structure, the composition of consumer demand and the role of government in safety, planning and investment. With the understanding of the industry's long term development, the book helps to illustrate the relationship between natural gas producers and importers of LNG. This book would be of interest to scholars majoring in resource economics and energy economics, as well as to international practitioners in the natural gas market.

Natural gas is the world s cleanest fossil fuel; it generates less air pollution and releases less CO2 per unit of useful energy than liquid fuels or coals. With its vast supplies of conventional resources and nonconventional stores, the extension of long-distance gas pipelines and the recent expansion of liquefied natural gas trade, a truly global market has been created for this clean fuel. Natural Gas: Fuel for the 21st Century discusses the place and prospects of natural gas in modern high-energy societies. Vaclav Smil presents a systematic survey of the qualities, origins, extraction, processing and transportation of natural gas, followed by a detailed appraisal of its many preferred, traditional and potential uses, and the recent emergence of the fuel as a globally traded commodity. The unfolding diversification of sources, particularly hydraulic fracturing, and the role of natural gas in national and global energy transitions are described. The book concludes with a discussion on the advantages, risks, benefits and costs of natural gas as a leading, if not dominant, fuel of the 21st century. This interdisciplinary text will be of interest to a wide readership concerned with global energy affairs including professionals and academics in energy and environmental science, policy makers, consultants and advisors with an interest in the rapidly-changing global energy industry.

This book examines the financial, legal and institutional strategies available to the international oil and gas industry to manage political and investment risk. The financial techniques for mitigating and allocating risk include corporate finance, joint ventures, and project finance. The legal techniques include production sharing agreements, profit sharing agreements, service contracts, bilateral investment treaties, and multilateral investment treaties. The institutional techniques include domestic courts, national constitutions, international arbitral tribunals, governmental and non-governmental regulatory agencies, alliances and energy diplomacy. This book traces the historical development of these techniques and their application in practice. The effectiveness with which companies manage political and investment risk is important for the financial sustainability of individual firms and the industry as whole. The real and perceived level of risk affects the level of exploration expenditures and therefore the balance between supply and demand, and the price of oil and natural gas. The search for a secure supply of oil and gas affects the political, military, and economic relations between countries. Consequently, every developed and developing country has placed energy policy at or near the top of its national priorities.

Natural gas purchasing is generally deregulated on a federal or interstate basis. However, intrastate, there are many conditions that come into play which typically translate into higher costs for the commercial or industrial user. This book is intended to serve as comprehensive reference which can be used by the natural gas purchaser to sort out both the potential pitfalls that can negatively impact gas costs, and the opportunities for significant savings available to the informed user. Each step in the process of natural gas production and delivery to the marketplace is thoroughly examined, including production, inter/intrastate transportation, regulation, cost factors, local distribution, company structures, and deregulation processes. Also fully covered is the natural gas LDC billing process, and how understanding it can lead to significant savings

Natural gas markets have undergone momentous changes, worldwide. This book updates and expands on the dynamics, performance and forward path of expanding natural gas use in the US and worldwide, including international trade. It brings together major research themes and findings with recent updates and analysis of new trends and developments. It also explores many considerations for natural gas market development, such as the importance of infrastructure, transparent pricing, and institutional capacity. This book is unique in providing background on the full natural gas value chain as well as information and analysis that can foster scenario-building and decision-making. Of particular value are the lessons learned and demonstrated for those countries that aspire to build effective natural gas markets and to expand natural gas development and use.

This book explores in detail the challenges which the European gas markets currently face, and the opportunities they present. Bringing together some of the most prominent gas experts on Europe from both academia and industry, this edited volume provides a comprehensive analysis of the various economic, political and technological factors that interact in this sector. Featuring a Foreword by Maros Sefcovic, Vice-President of the European Commission in charge of the Energy Union, contributions explore a wide range of issues, such as the role of gas in decarbonizing Europe, the outlook of Europe's gas demand, supply and pricing, and global LNG dynamics. Country specific studies include Russia, Norway, the Netherlands, and Germany, with regional studies including North Africa and the Eastern Mediterranean. Alongside detailed analysis of this complex sector it also puts forward a set of policy recommendations for the sector's key stakeholders. This volume will be of interest to researchers and academics, as well as practitioners and professionals within European gas markets.

Foreword by Walter BoltzThis highly unique book focuses on market design issues common to most EU gas markets, particularly in the context of closer integration. It explores in detail the characteristics and requirements of national gas markets in Europe, which are constructed as virtual hubs based on entry/exit schemes as a requirement of European law. The expert contributors analyze gas supply and demand patterns in the EU, showing that both have changed following the introduction of liquefied natural gas on the supply side and the growth of gas-fired power plants on the demand side. The repeated interactions between the transmission operators' activity and the gas commodity markets are addressed, as is the design of commercial networks in EU markets. The contributors also question whether the relationship between commercial and physical networks, in terms of the 'new' flexibility requirements of users, actually works. By way of conclusion, two proposals for the EU gas target model are presented, both of which tackle the fundamental issues raised in this book, as well as the organization of short-term transactions and the mechanisms for investment in vital new long-life infrastructure needed to integrate EU markets. This volume will be of great interest to practitioners, as well as academics, researchers and students in the fields of energy economics and industrial economics. Both European and non-European energy companies and regulatory authorities looking for an independent and analytical overview of European gas markets will also find this book to be a highly valuable resource. Contents: Foreword by Walter Boltz Introduction Part I: The New European Gas Market: Increased Flexibility in Both Demand and Supply 1. Introduction to Part I 2. Gas Demand: The Role of Gas-fired Power Plants 3. Gas Supply: The Role of Liquefied Natural Gas by Sophia Ruester Part II: The Role Played by Networks Regulation 4. Introduction to Part II 5. Opening a Market for Gas Flexibility? Part III: EU Regulation in the Context of the EU Target Model 6. Introduction to Part III 7. A Vision for the EU Gas Target Model: MECO-S 8. An American Model for the EU Gas Market? by Sergio Ascari Conclusions Bibliography Index

This study traces the activities of the European Commission in the natural gas sector from 1990 to 2016, by concentrating on market liberalisation and infrastructure development as the main pillars of the European gas security architecture. By building on previous literature, the Commission's policymaking is analysed along its formal and informal powers in different energy security environments. In order to get a better understanding of the European energy market context, the reader is introduced into the historical development of the European energy policy in Chapter 2 and the literature on the European Union policymaking in Chapter 3. The analysis of the Commission's activities in the liberalisation (Chapter 4) and infrastructure (Chapter 5) sectors suggests that the Commission was able to effectively utilise networked governance during times when the demand for coordinated energy policies was low. This book will be of particular interest to those in the field of energy policies as well as EU policymaking.

This timely book begins with an overview of shale gas reservoir features such as natural fracture systems, multi-fractured horizontal wells, adsorption/desorption of methane, and non-linear flow within the reservoir. Geomechanical modelling, an aspect of importance in ultra-low permeability reservoirs, is also presented in detail. Taking these complex features of shale reservoirs into account, the authors develop a numerical model, which is verified with field data using the history matching technique. Based on this model, the pressure transient and production characteristics of a fractured horizontal well in a shale gas reservoir are analysed with respect to reservoir and fracture properties. Methods for the estimation of shale properties are also detailed. Minifrac tests, rate transient tests (RTA), and type curve matching are used to estimate the initial pressure, permeability, and fracture half-length. Lastly, future technologies such as the technique of injecting CO2 into shale reservoirs are presented. The book will be of interest to industrial practitioners, as well as to academics and graduate students in the field of reservoir engineering.

I remember that the idea of this book emerged ?rst in Toulouse, during the Third Conference on Energy Markets - 3 years ago now. Anna Cret` ? gave a talk on a model dealing with seasonal gas storage in the USA, and Christian Von Hirschausen was her discussant. Both of them were devoting their efforts to understand the natural gas market in Europe and the relevant liberalization process. I found their interest in storage rather original, so I encouraged Anna to collect the most original cont- butions on this topic. Back in Milan with this idea in mind, she organized a working group at IEFE- Bocconi University, where she works. Then, during the following year, she - changed ideas and organized several meetings with the book's contributors. She regularly invited the most important Italian gas sector representatives to these me- ings, to make sure that the economic models were well suited to tackle the issues at stake in the European gas industry.

Joint operating agreements (JOA) are well-accepted standard agreements in the oil and gas industry. The basic aim of a JOA is to regulate the relationship between the parties to the joint venture: the operator and the non-operators. The former is responsible for performing the operations on the behalf of the consortium, while the latter share in the costs of the joint venture. The main goal of the consortium is to provide joint operations to share the risks and costs of such an enterprise. Exclusive operations, by contrast, provide for independent operations rather than joint operations. If these independent operations are successful, the ultimate consequence is the creation of a sub-consortium with different rules and parties; that is why this provision is so complex. There are no standard JOA models presenting clear and safe guidance on how to structure and implement independent operations. For example, it is unclear how the parties decide whether and how these will affect the joint operations; what the consequences are if the operator for the joint operations refuses to be the operator for the exclusive operations; what happens should the government reject such a proposal (if the government is involved); what this provision should look like if a national oil company is a partner; and which provisions of the main JOA should apply to the exclusive operations. This title examines the most complex provision of the JOA, explaining everything that individuals working in the petroleum industry should know about exclusive operations and their consequences. It begins by explaining what exclusive operations are, the rationale (including pros and cons) behind them, and the parties to which they will be of interest. It goes on to conduct the most extensive practical analysis available on the market, with over 10 JOAs analysed from all regions of the world, together with historical models that are no longer available for consultation. It then compares how joint development zones and unit operating agreements deal with exclusive operations, as they share the same concept as a JOA, but with parties from different blocs or jurisdictions. It finally provides clear guidance on international best practices and their main flaws, along with suggestions for existing and future JOAs. In short, it offers a complete analysis of the most complex clause of the JOA, from its concept to its final implications. International oil companies, independents, national oil companies, consultants, legal advisers and consultants will be interested to learn how they could perfect their JOAs and understand the risks and issues that they might face in the future.

This important book provides a comprehensive analysis of technological change and environmental policy within the oil and gas industry. It identifies and measures the impact of technological change, both in market and environmental output sectors and takes steps to identify key causal relationships. The author focuses on the design and implementation of environmental policies that encourage technological progress in the face of the depletion of natural resources and the increasing stringency of environmental regulations. Detailed policy scenarios provide quantitative assessments indicating the significance of the potential benefits of technological change and well-designed environmental policy. With a sophisticated description of innovations within the oil and gas industry, this book will be of great interest to postgraduate students in economics, as well as in public policy, business administration and engineering. It will also appeal to practitioners in the energy industry and energy and environmental policymakers as it demonstrates how successful market and environmental policies can contribute to efficiency by encouraging, rather than inhibiting, technological innovation.

Essentials of Water Systems Design in the Oil, Gas and Chemical Processing Industries provides valuable insight for decision makers by outlining key technical considerations and requirements of four critical systems in industrial processing plants-water treatment systems, raw water and plant water systems, cooling water distribution and return systems, and fire water distribution and storage facilities. The authors identify the key technical issues and minimum requirements related to the process design and selection of various water supply systems used in the oil, gas, and chemical processing industries. This book is an ideal, multidisciplinary work for mechanical engineers, environmental scientists, and oil and gas process engineers.

Onshore unconventional gas operations, in most jurisdictions, operate on the legal principle that all activities during exploration and extraction are 'temporary' in nature. The concept that the onshore unconventional gas industry has a temporary effect on the land on which it operates creates a regulatory paradox. On one hand, unconventional gas activities create energy security, national wealth and a bourgeoning export industry. On the other, agricultural land and agriculturalists may be significantly disadvantaged by unconventional gas activities potentially producing permanent damage to non-renewable fertile soils and spoiling the underground water tables. Thus, threatening future food security and food sovereignty. This book explores the socio-regulatory dimensions of coexistence between agricultural and onshore unconventional gas land uses in the jurisdictions with the highest concentration of proven unconventional gas reserves - Australia, Canada, the USA, the UK, France, Poland and China. In exploring the differing regulatory standpoints of unconventional gas land uses on productive farming land in the chosen jurisdictions, this book provides an original three-part categorisation of regulatory approaches addressing the coexistence of agricultural land and unconventional gas namely: adaptive management, precautionary and, finally, statism. It offers a timely and topical approach to socio-legal natural resource governance theory based on the participation, transparency and empowerment for agricultural landholders, examining how differing frameworks such as the collective bargaining framework can create equitable and sustainable contractual arrangements with unconventional gas companies.

It is rare to find an analysis as clear-sighted of the energy market regulation in Europe taking into account legal, regulatory and (geo-)political aspects. Congratulations to this contribution to the debate about regulating energy markets in the future.' - Herwig C. H. Hofmann, Professor of European and Transnational Public LawLaw and Policy of the European Gas Market examines the regulatory and competitive choices of institutions and bodies operating within the EU gas market, with a view to achieving a higher level of market integration. Offering an in-depth analysis of the design, structure and functioning of the EU gas market, the book considers the most recent European legal developments associated with this market and places them in their respective geopolitical context. This timely book contributes to the discussion surrounding the concurrent application of competition law and regulation on the EU gas market. It also provides a unique critique of the way in which competition law is used, mainly through the European Commission's so-called 'commitments practice', while looking at consumer protection and the effects of such practice on third-country transmission system operators. This book provides a unique reassessment of the role played by sector-specific regulation in achieving gas market integration and will therefore prove a valuable resource for gas market participants, policy makers and lawyers in the field. It will also be of great use to students, academics and researchers interested in the latest legislative reform of the EU gas market or 'the Third Energy Package'. Contents: 1. Introduction 2. The specifics of the EU gas market 3. Setting of relationships with natural gas producers 4. EU gas market structure 5. Defining and assessing the current EU gas market design 6. Integration of the EU gar market through administrative bodies 7. Conclusion Bibliography Annex I: Legislation applicable to the EU gas market Annex II: Case Law Index

This non-technical, readable book traces the history of North Thames Gas from the nationalization of the gas industry in 1949 until privatization in 1986, a period which saw the industry change form a position in the 1950s where its survival was threatened.

Introduction to Oil and Gas Operational Safety is aligned directly to the NEBOSH International Technical Certificate in Oil and Gas Operational Safety. Concisely written by a highly experienced team, this full colour reference provides complete coverage of the syllabus, including chapters on fire hazards, risk management and emergency response. It will ensure that you are fully equipped with the knowledge and understanding to respond and deal with the daily hazards you may face whilst working in the oil and gas industry. Complete with tables, case studies and self-test questions, this book will guide you through the principles of how to manage both offshore and onshore operational risks to prepare you for your exam and beyond.

There are few areas of economic policy-making in which the returns to good decisions are so high?and the punishment of bad decisions so cruel?as in the management of natural resource wealth. Rich endowments of oil, gas and minerals have set some countries on courses of sustained and robust prosperity; but they have left others riddled with corruption and persistent poverty, with little of lasting value to show for squandered wealth. And amongst the most important of these decisions are those relating to the tax treatment of oil, gas and minerals.

This book will be of interest to Economics postgraduates and researchers working on resource issues, as well as professionals working on taxation of oil, gas and minerals/mining.

Chapter 1 examines how BLM's actual costs and potential oil and gas well liabilities have changed for fiscal years 2010 through 2017 and the extent to which BLM has implemented its well and bond review policies. Chapter 2 reviews oil and gas lease suspensions on federal lands managed by BLM and examines the extent of and reasons for such suspensions and the approach BLM uses to monitor the status of lease suspensions. Chapter 3 describes the distribution of BLM's oil and gas Inspection and Enforcement program's workload and workforce among agency field offices for the most recent 5 years for fiscal years 2012 through 2016 and examines the extent to which BLM conducted internal control reviews in accordance with its July 2012 oversight policy for fiscal years 2013 through 2018. U.S. oil and natural gas production has increased substantially since 2008. These increases have important policy implications for energy markets, infrastructure, security, and the environment as reported in chapter 4. Chapter 5 discusses the recent oil market trends and geopolitical factors that have contributed to price escalation since the start of 2018. Chapter 6 reviews the federal government's response, restoration, and research efforts after the Exxon Valdez and Deepwater Horizon oil spills. This chapter examines how the trustee councils have used the restoration trust funds and the status of restoration and the interagency committee's coordination of oil spill research efforts.

Recent expansion in natural gas production has made the resource an increasingly significant component in the U.S. energy market. Further, a number of policies recently proposed and/or promulgated at the federal, state, and local levels may serve to accelerate this development. Examples of federal policies include U.S. Environmental Protection Agency air standards for power plants and vehicles, as well as bills introduced in the 114th Congress to promote increased natural gas production on federal lands, amend provisions in the tax code to incentivize natural gas production and use, and streamline the approval, permitting, and/or construction of natural gas infrastructure. Many of these proposals promote technology and infrastructure investments that could be significant and long lasting. For this reason, some stakeholders recommend a thorough analysis of the costs and benefits of these proposals as well as a full assessment of the economic and environmental impacts of increased natural gas development. Fuel-switching strategies from other fossil fuels to natural gas have the potential to impact many segments of the general economy, including jobs, investments, infrastructure, national security, human health, safety, and the environment. The net climate impact of replacing other fossil fuels with natural gas depends upon a number of analytic assumptions, including the choice of fuel, end-use sector, equipment, and processes modeled. This book presents a comparative analysis of the potential climate implications of switching from coal to natural gas in the domestic electric power generating sector. Furthermore, this book provides information on the natural gas industry and the types and sources of air pollutants in the sector. It examines the role of the federal government in regulating these emissions, including the provisions in the Clean Air Act and EPAs regulatory activities. It concludes with a brief discussion of the aforementioned outstanding issues.

The future of oil and natural gas production in Mexico is of importance for both Mexico's economic growth, as well as for U.S. energy security, a key congressional interest. Mexico is a top trade partner and the 3rd largest crude oil supplier to the United States. Mexico's state oil company, Petroleos Mexicanos (Pemex) remains an important source of government revenue even as it is struggling to counter declining oil production and reserves. Due to an inability to meet rising demand, Mexico has also significantly increased natural gas imports from the United States. Still, gas shortages have hindered the country's economic performance. This book provides an overview of Pemex and the content and prospects for Mexico's energy reforms, before discussing specific issues facing Mexico's oil and gas industry. It then examines the U.S.-Mexico energy relationship through the lenses of trade and energy cooperation. It concludes by suggesting several oversight issues for Congress related to what the enactment of energy reform might portend for Mexico's economic development, the U.S. energy matrix, and bilateral or North American energy cooperation.

Almost four decades ago, in response to the Arab oil embargo and recession it triggered, Congress passed legislation restricting crude oil exports and establishing the SPR to release oil to the market during supply disruptions and protect the U.S. economy from damage. After decades of generally falling U.S. crude oil production, technological advances have contributed to increasing U.S. production. This book examines what is known about price implications of removing crude oil export restrictions; other key potential implications; and implications of recent changes in market conditions on the SPR. This book also discusses and describes the status of applications to export liquefied natural gas-natural gas cooled to a liquid state for transport- and the Department of Energy's process to review them; and the status of applications to build LNG export facilities and FERC's process to review them.