Real Options, Sequential Bargaining Game and Network Effects in Natural Gas Production

2007 ◽  
Author(s):  
Gordon Sick ◽  
Yuanshun Li
Keyword(s):  
Natural Gas ◽  
Real Options ◽  
Network Effects ◽  
Gas Production ◽  
Bargaining Game ◽  
Natural Gas Production ◽  
Sequential Bargaining ◽  
Sequential Bargaining Game

scholarly journals Interaction between technology and extraction scaling real options in natural gas production

2010 ◽  
Vol 42 (9) ◽  
pp. 643-655 ◽  
Author(s):  
Paul Enders ◽  
Alan Scheller-Wolf ◽  
Nicola Secomandi
Keyword(s):  
Natural Gas ◽  
Real Options ◽  
Gas Production ◽  
Natural Gas Production

scholarly journals Quantitative study on natural gas production risk of Carboniferous gas reservoir in eastern Sichuan

2021 ◽  
Author(s):  
Guo Yu ◽  
Haitao Li ◽  
Yanru Chen ◽  
Linqing Liu ◽  
Chenyu Wang ◽  
...  
Keyword(s):  
Risk Factors ◽  
Risk Factor ◽  
Natural Gas ◽  
Gas Production ◽  
Probability Method ◽  
Gas Reservoir ◽  
Production Risk ◽  
Probability Interval ◽  
Natural Gas Production ◽  
Stable Production

AbstractQuantifying natural gas production risk can help guide natural gas exploration and development in Carboniferous gas reservoirs. In this study, the Monte Carlo probability method is used to obtain the probability distribution and growth curve of each production risk factor and production in a Carboniferous gas reservoir in eastern Sichuan. In addition, the fuzzy comprehensive evaluation method is used to conduct the sensitivity analysis of the risk factors, and the natural gas production and realization probability under different risk factors are obtained. The research results show that: (1) the risk factor–production growth curve and probability distribution are calculated by the Monte Carlo probability method. The average annual production under the stable production stage under different realization probabilities is obtained. The maximum probability range of annual production is $$\left( {43.43 - 126.35} \right) \times 10^{8} {\text{m}}^{3} /{\text{year}}$$ 43.43 - 126.35 × 10 8 m 3 / year , and the probability range is 14.59–92.88%. (2) The risk factor sensitivity analysis is significantly affected by the probability interval. In the entire probability interval, the more sensitive risk factors are the average production of the kilometer-deep well (D) and the production rate in the stable production stage (A). During the exploration and development of natural gas, these two risk factors can be adjusted to increase production.

Volume reduction of produced water generated from natural gas production process using membrane technology

2000 ◽  
Vol 41 (10-11) ◽  
pp. 117-123 ◽  
Author(s):  
C. Visvanathan ◽  
P. Svenstrup ◽  
P. Ariyamethee
Keyword(s):  
Natural Gas ◽  
Produced Water ◽  
Hollow Fibre ◽  
Gas Production ◽  
Oil And Grease ◽  
Natural Gas Production ◽  
Pre Treatment ◽  
Selection Of ◽  
Spiral Wound

This paper presents a case study of a natural gas production site covering various technical issues related to selection of an appropriate Reverse Osmosis (RO) system. The long-term field experience indicates the necessity of the selection of appropriate pretreatment systems for fouling-free RO operational conditions. The produced water has a variety of impurities such as oil and grease, process chemicals used for corrosion and scaling control, and dehydration of natural gas, etc. This situation leads to a complicated and extremely difficult task for a membrane specialist to design RO systems, especially the pre-treatment section. Here as part of the pretreatment selection, two types of UF membrane modules viz. spiral wound and hollow fibre, with MWCO of 8000 and 50,000 Dalton respectively, were tested in parallel with NF membranes of the spiral wound type with MWCO 200 Dalton. The UF permeate is used as feed for RO compatibility testing. Both configurations of UF failed to be compatible, due to irreversible fouling of the RO membrane. The NF membrane, however, showed interesting results, due to membrane stability in terms of cleaning and fouling. The NF plant with 50% capacity gave a recovery of 75% and the RO plant gave a recovery of 60% versus the expected 92–95%. The long-term tests have indicated that the reminder of the membranes could be installed to achieve full capacity of the plant. This study also demonstrates the importance of selection of proper pre-treatment set-up for the RO system design.

scholarly journals Methane Emissions from Process Equipment at Natural Gas Production Sites in the United States: Liquid Unloadings

2014 ◽  
Vol 49 (1) ◽  
pp. 641-648 ◽  
Author(s):  
David T. Allen ◽  
David W. Sullivan ◽  
Daniel Zavala-Araiza ◽  
Adam P. Pacsi ◽  
Matthew Harrison ◽  
...  
Keyword(s):  
United States ◽  
Natural Gas ◽  
The United States ◽  
Methane Emissions ◽  
Gas Production ◽  
Process Equipment ◽  
Natural Gas Production
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