NATURAL GAS TRANSPORTATION AND UTILISATION IN AUSTRALIA

1978 ◽  
Vol 18 (1) ◽  
pp. 192
Author(s):  
T. R. Baker
Keyword(s):  
Natural Gas ◽  
State Government ◽  
Electrical Energy ◽  
Independent Study ◽  
Gas Industry ◽  
Gas Utilization ◽  
Eastern Australia ◽  
Exploration And Production ◽  
Engineering Corporation ◽  
Year 2000

The Pipeline Authority commissioned the Snowy Mountains Engineering Corporation in association with Société Francaise d'Etudes et de Réalisations d'Equipements Gaziers (SOFREGAZ) to conduct an independent study of Australian natural gas utilization and transportation to the year 2000. A summary of the study was published in November 1976 and copies of the full report were made available for review and comment by State Government bodies, gas exploration and production companies, gas distribution utilities and other interested parties.The report concluded that there will be a shortfall in the supply of natural gas for the eastern states before 1990 even if natural gas is not used for those applications for which coal and electrical energy are not suitable alternatives. The report also concluded that a pipeline from Dampier to the Cooper Basin appears to offer an economic means of meeting the natural gas demands of all demand centres to the year 2000.It is obvious from the comment on the report that there are widely differing opinions within the gas industry on the probable demand for, and utilisation of natural gas in Australia. In addition there have been a number of important discussions and developments since the report was completed.The findings of the report have been reviewed in the light of the comment received and the subsequent decisions and developments and it has been concluded that the greatest uncertainty lies in the future availability of natural gas for Australian consumption. There is therefore a need to establish, with greater certainty, the natural gas reserves, particularly in central and eastern Australia so that future planning can be based on reliable data.

MANAGING CONFIDENTIALITY AND CONFLICTS OF INTEREST IN A COMPETITIVE ENERGY MARKET

1996 ◽  
Vol 36 (1) ◽  
pp. 594
Author(s):  
P.D. Slattery ◽  
K. Stammer
Keyword(s):  
Natural Gas ◽  
Joint Venture ◽  
Conflicts Of Interest ◽  
Petroleum Industry ◽  
Good Faith ◽  
Energy Market ◽  
Gas Industry ◽  
Competitive Activity ◽  
Exploration And Production

Producers and other participants in the petroleum industry are in the midst of an increasingly competitive energy market. It is now the case that throughout Australia producers of natural gas are competing not just with substitute sources of energy but with one another. No longer do producers only compete for prospective tenements, rather their competitive activity extends from acreage acquisition through to the burner tip. The emergence of deregulation in the gas industry and the opportunities for competitive activity have been discussed at recent APEA conferences.1The aim of this paper is to examine where conflicts between interest and duty may arise between joint venturers who are now directly, or through affiliated companies, competing for marketing opportunities. We examine how and why such conflicts may arise and whether it is possible to manage them while still participating in traditional forms of joint venture exploration, production and in some cases marketing.For example, are producers able to satisfy their obligations of good faith and preserve confidentiality in joint venture exploration and production activities without compromising their ability to independently pursue the marketing of their share of production?

Stakeholder influence and the diffusion of eco-efficiency practices in the natural gas exploration and production industry

2016 ◽  
Vol 10 (1) ◽  
pp. 56-68 ◽  
Author(s):  
Simon Hauser
Keyword(s):  
Natural Gas ◽  
Full Range ◽  
Analytical Framework ◽  
Energy Sector ◽  
Gas Industry ◽  
Content Type ◽  
The North ◽  
Community Stakeholders ◽  
Exploration And Production ◽  
Eastern Usa

Purpose – This paper aims to empirically investigate the motivations behind eco-efficiency sustainability measures of firms active in natural gas exploration and extraction from deep shale formations in the north-eastern USA. Design/methodology/approach – The research design leverages a combination of semi-structured firm interviews with an online industry survey. Instead of pre-defining stakeholder categories, this study uses an emergent analytical framework to ascertain the stakeholder groups relevant to companies in this unconventional energy sector. Findings – Results show that these practices tend to be primarily influenced by internal stakeholders, but that regulatory, community and industry stakeholders also play a role. Managers also assigned a relatively high importance to the role of regulatory and community stakeholders in informing these practices. Research limitations/implications – Though limited in generalizability beyond the energy sector and accounting for rival causal influences beyond stakeholders and managers, the results suggest a close engagement of firms with regulatory and community stakeholders with environmental practices and regulatory framework still in flux. Originality/value – Prior research has not explored the full range of stakeholders relevant in influencing these eco-efficiency practices. Therefore, the authors have a limited understanding whether these practices are primarily internally promoted by firm managers or employees, or whether they are also influenced by industry, community and regulatory constituents. Furthermore, the shale gas industry with recent technological innovations aimed at the core of the business process, presents a rare opportunity to investigate drivers and implementations of eco-efficiency practices.

Influence of Thermodynamic and Regime Parameters on the Efficiency of a System of Series Connected Low-Power Natural Gas Turbogenerators

2019 ◽  
Author(s):  
D. S. Kalabukhov
Keyword(s):  
Natural Gas ◽  
Flow Model ◽  
Electrical Energy ◽  
Theoretical Work ◽  
Gas Industry ◽  
Natural Gas Transmission ◽  
Parametric Studies ◽  
Project Data ◽  
Turbine Drive ◽  
Gas Pressures

Abstract Turboexpanders for gas industry are used for various purposes, for example, for generating electricity at gas distribution and compressor stations of the natural gas transmission system. Considering the initially high gas pressures, in many cases it is advisable to use a system of successively located turbine drives. This makes it possible to convert the energy of gas pressure into electrical energy to consumers of different capacities. To date, theoretical work on the optimization of regime and geometric parameters of such systems at initial stages of design is absent. In this paper, parametric studies were conducted on the effect of initial project data on the energy efficiency of a system of two turbo-generators with a power of up to 50 kW. As initial data, the thermodynamic parameters at the input and output from the turbine drive system and the operating parameters of the turbine drives are considered. To carry out the research, a mathematical flow model in the system of series connected axial small-sized turbines is implemented in the Matlab software package. Rational ranges of thermodynamic and regime relationships are found, which allows to significantly increase the design efficiency of a system of axial small-sized turbogenerators in comparison with the case of its design without taking into account the received information.

scholarly journals Oil and Gas Industry Financing

1969 ◽  
Vol 7 (3) ◽  
pp. 465
Author(s):  
C. A. Rae
Keyword(s):  
Natural Gas ◽  
Crude Oil ◽  
Oil And Gas ◽  
Oil And Gas Industry ◽  
Gas Industry ◽  
Oil And Gas Exploration ◽  
Exploration And Production ◽  
Oil And Natural Gas ◽  
The Common ◽  
Marketing Operations

The demand for crude oil and natural gas is constantly increasing. To keep up with this demand the oil and gas industry must spend vast sums of. money· to find new petroleum deposits to replenish the depleted reserves. Conventional financing techniques are used to finance the transportation, refining and marketing operations of the oil and gas industry, but the financing of oil and gas exploration and production requires special techniques. This paper discusses the common methods of financing the production end of the Canadian oil and gas industry.

Say-on-Pay

2012 ◽  
Vol 44 (3) ◽  
pp. 128-130 ◽  
Author(s):  
Brent Longnecker ◽  
Kevin Kuschel
Keyword(s):  
Natural Gas ◽  
Commodity Price ◽  
Energy Market ◽  
Shareholder Returns ◽  
Gas Industry ◽  
Say On Pay ◽  
Depressed State ◽  
State Of The Economy ◽  
Natural Gas Industry ◽  
Exploration And Production

With the state of the economy slightly improving and the U.S. energy market experiencing increased exploration and production activities in shale plays, many companies and their investors are riding the wave of increased revenues and profitability. Although energy is succeeding overall, natural gas producers are struggling with the depressed state of the commodity price as a result of the realization that supply is currently greater than demand. As a result, poor total shareholder returns have Institutional Shareholder Services and shareholders unjustifiably calling for drastic changes to compensation. The natural gas industry will experience an uphill battle in the coming months as many companies attempt to avoid a failed say-on-pay vote.

Finding Fault with the Nexus Pipeline? Agency Capture and the Public Good

2017 ◽  
Vol 1 (1) ◽  
pp. 1-8
Author(s):  
Andrew R. Kear
Keyword(s):  
Natural Gas ◽  
Environmental Impact ◽  
Public Good ◽  
Health And Safety ◽  
Environmental Impact Statement ◽  
Gas Industry ◽  
The Public ◽  
Fracturing Process ◽  
Natural Gas Industry ◽  
Regulatory Commission

Natural gas is an increasingly vital U.S. energy source that is presently being tapped and transported across state and international boundaries. Controversy engulfs natural gas, from the hydraulic fracturing process used to liberate it from massive, gas-laden Appalachian shale deposits, to the permitting and construction of new interstate pipelines bringing it to markets. This case explores the controversy flowing from the proposed 256-mile-long interstate Nexus pipeline transecting northern Ohio, southeastern Michigan and terminating at the Dawn Hub in Ontario, Canada. As the lead agency regulating and permitting interstate pipelines, the Federal Energy Regulatory Commission is also tasked with mitigating environmental risks through the 1969 National Environmental Policy Act's Environmental Impact Statement process. Pipeline opponents assert that a captured federal agency ignores public and scientific input, inadequately addresses public health and safety risks, preempts local control, and wields eminent domain powers at the expense of landowners, cities, and everyone in the pipeline path. Proponents counter that pipelines are the safest means of transporting domestically abundant, cleaner burning, affordable gas to markets that will boost local and regional economies and serve the public good. Debates over what constitutes the public good are only one set in a long list of contentious issues including pipeline safety, proposed routes, property rights, public voice, and questions over the scientific and democratic validity of the Environmental Impact Statement process. The Nexus pipeline provides a sobering example that simple energy policy solutions and compromise are elusive—effectively fueling greater conflict as the natural gas industry booms.

Trends and Prospects of Development of the Oil and Gas Sector in the Context of Digitalization

2020 ◽  
Vol 26 (1) ◽  
pp. 35-45 ◽  
Author(s):  
A. G. Kazanin
Keyword(s):  
Oil And Gas ◽  
Digital Technologies ◽  
Oil And Gas Industry ◽  
Global Market ◽  
The Arctic ◽  
Business And Society ◽  
Gas Industry ◽  
Exploration And Production ◽  
Oil And Gas Sector

The modern oil and gas industry is heavily dependent on the processes and trends driven by the accelerating digitalization of the economy. Thus, the digitalization of the oil and gas sector has become Russia’s top priority, which involves a technological and structural transformation of all production processes and stages.Aim. The presented study aims to identify the major trends and prospects of development of the Russian oil and gas sector in the context of its digitalization and formation of the digital economy.Tasks. The authors analyze the major trends in the development of the oil and gas industry at a global scale and in Russia with allowance for the prospects of accelerated exploration of the Arctic; determine the best practices of implementation of digital technologies by oil and gas companies as well as the prospects and obstacles for the subsequent transfer of digital technologies to the Russian oil and gas industry.Methods. This study uses general scientific methods, such as analysis, synthesis, and scientific generalization.Results. Arctic hydrocarbons will become increasingly important to Russia in the long term, and their exploration and production will require the implementation of innovative technologies. Priority directions for the development of many oil and gas producers will include active application of digital technologies as a whole (different types of robots that could replace people in performing complex procedures), processing and analysis of big data using artificial intelligence to optimize processes, particularly in the field of exploration and production, processing and transportation. Digitalization of the oil and gas sector is a powerful factor in the improvement of the efficiency of the Russian economy. However, Russian companies are notably lagging behind in this field of innovative development and there are problems and high risks that need to be overcome to realize its potential for business and society.Conclusions. Given the strategic importance of the oil and gas industry for Russia, its sustainable development and national security, it is recommendable to focus on the development and implementation of digital technologies. This is crucial for the digitalization of long-term projection and strategic planning, assessment of the role and place of Russia and its largest energy companies in the global market with allowance for a maximum number of different internal and external factors.

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