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01401 Pipeline sets new standards for Mobil
03
%I01 4%
03 GASEOUS FUELS Sources,. Properties, _
Recovery,-- Treatment
96lW397 Allson’s trl-lateral triumph Fox, C. 0 re Engineer, Nov. 1995, p. 26. Reports on P t e IX North Sea’s first t&lateral well which was adjudged a success as operator Phillips Petroleum brought its innovative Alison gas development onstream. 96lO1398 Extondlng ths reach Knott, T. whore Engineer, Nov. 1995, p. 25. Reports that BP Exploration’s push to recover further reserves from its Wytch Farm development has resulted in a new record for an extended reach well. Well MOS, drilling from the Goathom peninsula out under Poole Bay, broke the 8km barrier when it reached a step-out distance of 8035m. Simulator for degaslflcatlon, methane emlsslon %I01 399 predlctlon and mlnr ventllatlon Patton, S. B. et al., Trans. Sot. Min Metall., E&or., 1995. 341-345. A computer model. is presented that quantitatively uses Umrelationship between the interactive and dynamic processes of methane drainage, mining and ventilation. The model includes simulation of the coalbed methane reservoir for prediction of gas-emission rates under the influence of &gasification wells and long-wall mining, ventilation network-generation and ventilation simulation. Slim holes and slimmer costs for Brltannla %/014w Knott, T. Offshore Engineer, Nov. 1995, 20-22. As pm ess on the North Sea’s largest undeveloped gas field gathers pace, the autr or Terry Knott went offshore to find out how Britannia’s predrilling programme is providing substantial savings to the pmject.
Transport,
Storage
96/01401 Plpellne sets new standards for Mobll Gilchrist, J. and Judd, S. Offshore En ineer, Nov. 1995, 31-34. Reports that with Mobil’s fast-track Gaf ahad gas field due on stream this month, tbe authors discuss how the EPIC pipeline work was completed successfully in just nine months.
Economics, Business, Marketing,
Gaseous fuels (economics, business, marketing, policy)
Policy
%I01 402 The 1994 basic study Into domestlc natural gas consumption Bos, R. and Weegink, R. Gas (Netherlands), Jun. 1995, 115, (6), 38-41. Flemish) eports that in 1994 the total gas consumption of Dutch households increased slightly. This is mainly due to an increase in the number of occupied homes by about 75,000,-an advancing penetration of gasified tap water heaters and a marginal increase in gas consumption for room heating Another strikin feature is the stabilisation of gas consumption of an average household f or hot water purposes, since it decreased in 1991 and 1993 by 3% and 4.5% respectively. The BAR study also shows that the penetration of gas appliances with higher outputs and changing tapping behaviour, the major reasons for consumption increases in the previous years, have changed only moderately. Gas consumption for cooking purposes remained almost stable.
k”
Challenge8 facing the LNG market towards the list se/o1 403 century Kawasaki, H. Revue de I’Energie, Dec. 1995, (473), 801-805. This is the buyer’s point of view of the many questions that will have to be cleared before the LNG industry moves ahead. After presenting the middle and long-term evolution of the LNG demand on the various Asian markets, it tackles the LNG price issue before presenting the challenges facing tbc LNG market towards the 21st century. 96Jo1404 The future of llquefled natural gas In Europe Gadonneix, P. Revue de I’Energie, Dec. 1995, (473), 788-791. (In French) After a survey of past trends in the LNG markets in Europe, and its place in the world market as a whole, the author outlines its possible future, as he sees it, taking into account the growing demand for energy in Europe, as well as the developments among the industrial players involved and the economic and environmental context in which they operate.
Gaa research In the Netherlands: The customer Is always right at Gads Raaijen, W. Gas (Netherlana!r), Jun. 1995,115, (6), 24-26. (In Flemish) Gastec, Dutch Centre for Gas Technology, is an engineering firm with a trlus that works for the Dutch enerttv utilitms. both in mdividual and colleciive projects, for energy utilities a&ad. and’for gas appliance manufacturers (mamly assisting with product development and Improvement). Gastec itself also promotes and fund projects, such as a project on gas productIon by biomass. At the moment it ts lookin for interested business partners for the construction of a pilot plant. The f dool optimisation method has been developed by Gastec as well. This mathemattcal method enables calculation of the optimum energy supply of a given area. 96/01406 Intematlonal LNG trade development perspectlvor Comot-Gandolphe, S. et al., Revue de I’Energie, Dec. 1995, (473), 792-800. (In French) Due to the increasing demand for natural gas, the outlook for development of international LNG Trade is promising. Nevertheless, thii growth in demand has to contend with increasing economic problems. The cost of LNG projects is constantly on the rise since gas reserves tend more to be located in xones that are difficult to access or far from consumer areas. Furthermom, the recent evolution of crude oil prices jeopardii the ability of ltquefactton projects. LNG projects throughout the wordrfit- are analysed regton by region. The main scenarios for the future outlook are examined in the light of technical and economic parameters. %I01 407 The Markotlng 6 Conference Jego, H. GA2 d’aujourd’hui, Dec. 1995. 119, (12). (In French) The December 1995 issue of GA2 d’aujourd’hui is entirely devoted to the proceedings of the Marketing 6 Conference held in Cannes. The first cha ter, based on information rovided by Inter as Marketing, offers an insi t into the Conference, anB a synthesis of ft e speeches delivered by cp’as Indust to -executives who took part in it. The following chapters present the htg ?A Itg ts of the Conference papers by sectors of the Gas Industry.
96/01408 Optlmum energy supply In Leldsche Rljn new bulldlng area Van Bameveld, J. Gas (Netherlands), Jun. 1995, 115, (6). 20-23. (In Flemish) Decisions are taken right now on the energy supply of the extensive Leidsche Rijn new building area in the middle of Holland. To be able to take tbe right decisions, the GCN gas utility commissioned Gastec to carry out an optimisation study. If various criteria (costs. environmental impact and primary energy consumption) are taken Into consideration at the same time, the energy required can best be supplied using gas engines for homes and (central heating) boilers for offices. If only social costs are taken Into account, a system consisting of central heating boilers only is the best solution. For several reasons district heating is an unfavourable option. %I01409 Slmulatlng the effect of economic and policy Incentlves on natural gas drllllng and grorr reserve addltlons Resource & Energy Economics, Nov. 1995. 17, (3). Iledare, 0. 0. 261-279. A supply model of natural gas reserve additions is developed and estimated using data on 18,000 new wells drilled in West Virginia between 1977 and 1987. The model is used to quantify the responsiveness of driRII effort and gross reserve additions to changes in the expected wellhead price, taxes, resource depletion and reserve-life index. AU the results of the hypotheses tested are in line with conventional wisdom, and their wnsistencv suaaests that the model structure offers a useful aooroach to modelling~res&ce supply in a mature geologic setting like W&t Virginia. The model structure is well-suited for regions where drilling activities and outcomes cut across formations of varying depth and is-more flexible than aggregate models. The model has tbe capacity to evaluate the response of activity within individual geologic series to prices, taxes and costs. 9610141Q Tradlng volume, maturlty and natural gas futures price volatlllty Herbert, J. H. Energy Economics, Oct. 1995, 17, (4), 293-299. Important characteristics of the natural gas spot and futures markets are discussed. The relationshio between tbe variance of mice change (or volatility) of the natural gas futures price and maturity of the fu~es’wntract and the volume of trading in the futures contract is also discussed and estimated. It is found that the volume of trade rather than maturity explains the variance of the volatility. It is also discovered that past levels of volume of trade influence current variability of price volatility but that east variability of price volatility has much-less ‘of an influence on current levels of trading.
Fuel and Energy Abstracts
March 19%
95
%I01 4%
03 GASEOUS FUELS Sources,. Properties, _
Recovery,-- Treatment
96lW397 Allson’s trl-lateral triumph Fox, C. 0 re Engineer, Nov. 1995, p. 26. Reports on P t e IX North Sea’s first t&lateral well which was adjudged a success as operator Phillips Petroleum brought its innovative Alison gas development onstream. 96lO1398 Extondlng ths reach Knott, T. whore Engineer, Nov. 1995, p. 25. Reports that BP Exploration’s push to recover further reserves from its Wytch Farm development has resulted in a new record for an extended reach well. Well MOS, drilling from the Goathom peninsula out under Poole Bay, broke the 8km barrier when it reached a step-out distance of 8035m. Simulator for degaslflcatlon, methane emlsslon %I01 399 predlctlon and mlnr ventllatlon Patton, S. B. et al., Trans. Sot. Min Metall., E&or., 1995. 341-345. A computer model. is presented that quantitatively uses Umrelationship between the interactive and dynamic processes of methane drainage, mining and ventilation. The model includes simulation of the coalbed methane reservoir for prediction of gas-emission rates under the influence of &gasification wells and long-wall mining, ventilation network-generation and ventilation simulation. Slim holes and slimmer costs for Brltannla %/014w Knott, T. Offshore Engineer, Nov. 1995, 20-22. As pm ess on the North Sea’s largest undeveloped gas field gathers pace, the autr or Terry Knott went offshore to find out how Britannia’s predrilling programme is providing substantial savings to the pmject.
Transport,
Storage
96/01401 Plpellne sets new standards for Mobll Gilchrist, J. and Judd, S. Offshore En ineer, Nov. 1995, 31-34. Reports that with Mobil’s fast-track Gaf ahad gas field due on stream this month, tbe authors discuss how the EPIC pipeline work was completed successfully in just nine months.
Economics, Business, Marketing,
Gaseous fuels (economics, business, marketing, policy)
Policy
%I01 402 The 1994 basic study Into domestlc natural gas consumption Bos, R. and Weegink, R. Gas (Netherlands), Jun. 1995, 115, (6), 38-41. Flemish) eports that in 1994 the total gas consumption of Dutch households increased slightly. This is mainly due to an increase in the number of occupied homes by about 75,000,-an advancing penetration of gasified tap water heaters and a marginal increase in gas consumption for room heating Another strikin feature is the stabilisation of gas consumption of an average household f or hot water purposes, since it decreased in 1991 and 1993 by 3% and 4.5% respectively. The BAR study also shows that the penetration of gas appliances with higher outputs and changing tapping behaviour, the major reasons for consumption increases in the previous years, have changed only moderately. Gas consumption for cooking purposes remained almost stable.
k”
Challenge8 facing the LNG market towards the list se/o1 403 century Kawasaki, H. Revue de I’Energie, Dec. 1995, (473), 801-805. This is the buyer’s point of view of the many questions that will have to be cleared before the LNG industry moves ahead. After presenting the middle and long-term evolution of the LNG demand on the various Asian markets, it tackles the LNG price issue before presenting the challenges facing tbc LNG market towards the 21st century. 96Jo1404 The future of llquefled natural gas In Europe Gadonneix, P. Revue de I’Energie, Dec. 1995, (473), 788-791. (In French) After a survey of past trends in the LNG markets in Europe, and its place in the world market as a whole, the author outlines its possible future, as he sees it, taking into account the growing demand for energy in Europe, as well as the developments among the industrial players involved and the economic and environmental context in which they operate.
Gaa research In the Netherlands: The customer Is always right at Gads Raaijen, W. Gas (Netherlana!r), Jun. 1995,115, (6), 24-26. (In Flemish) Gastec, Dutch Centre for Gas Technology, is an engineering firm with a trlus that works for the Dutch enerttv utilitms. both in mdividual and colleciive projects, for energy utilities a&ad. and’for gas appliance manufacturers (mamly assisting with product development and Improvement). Gastec itself also promotes and fund projects, such as a project on gas productIon by biomass. At the moment it ts lookin for interested business partners for the construction of a pilot plant. The f dool optimisation method has been developed by Gastec as well. This mathemattcal method enables calculation of the optimum energy supply of a given area. 96/01406 Intematlonal LNG trade development perspectlvor Comot-Gandolphe, S. et al., Revue de I’Energie, Dec. 1995, (473), 792-800. (In French) Due to the increasing demand for natural gas, the outlook for development of international LNG Trade is promising. Nevertheless, thii growth in demand has to contend with increasing economic problems. The cost of LNG projects is constantly on the rise since gas reserves tend more to be located in xones that are difficult to access or far from consumer areas. Furthermom, the recent evolution of crude oil prices jeopardii the ability of ltquefactton projects. LNG projects throughout the wordrfit- are analysed regton by region. The main scenarios for the future outlook are examined in the light of technical and economic parameters. %I01 407 The Markotlng 6 Conference Jego, H. GA2 d’aujourd’hui, Dec. 1995. 119, (12). (In French) The December 1995 issue of GA2 d’aujourd’hui is entirely devoted to the proceedings of the Marketing 6 Conference held in Cannes. The first cha ter, based on information rovided by Inter as Marketing, offers an insi t into the Conference, anB a synthesis of ft e speeches delivered by cp’as Indust to -executives who took part in it. The following chapters present the htg ?A Itg ts of the Conference papers by sectors of the Gas Industry.
96/01408 Optlmum energy supply In Leldsche Rljn new bulldlng area Van Bameveld, J. Gas (Netherlands), Jun. 1995, 115, (6). 20-23. (In Flemish) Decisions are taken right now on the energy supply of the extensive Leidsche Rijn new building area in the middle of Holland. To be able to take tbe right decisions, the GCN gas utility commissioned Gastec to carry out an optimisation study. If various criteria (costs. environmental impact and primary energy consumption) are taken Into consideration at the same time, the energy required can best be supplied using gas engines for homes and (central heating) boilers for offices. If only social costs are taken Into account, a system consisting of central heating boilers only is the best solution. For several reasons district heating is an unfavourable option. %I01409 Slmulatlng the effect of economic and policy Incentlves on natural gas drllllng and grorr reserve addltlons Resource & Energy Economics, Nov. 1995. 17, (3). Iledare, 0. 0. 261-279. A supply model of natural gas reserve additions is developed and estimated using data on 18,000 new wells drilled in West Virginia between 1977 and 1987. The model is used to quantify the responsiveness of driRII effort and gross reserve additions to changes in the expected wellhead price, taxes, resource depletion and reserve-life index. AU the results of the hypotheses tested are in line with conventional wisdom, and their wnsistencv suaaests that the model structure offers a useful aooroach to modelling~res&ce supply in a mature geologic setting like W&t Virginia. The model structure is well-suited for regions where drilling activities and outcomes cut across formations of varying depth and is-more flexible than aggregate models. The model has tbe capacity to evaluate the response of activity within individual geologic series to prices, taxes and costs. 9610141Q Tradlng volume, maturlty and natural gas futures price volatlllty Herbert, J. H. Energy Economics, Oct. 1995, 17, (4), 293-299. Important characteristics of the natural gas spot and futures markets are discussed. The relationshio between tbe variance of mice change (or volatility) of the natural gas futures price and maturity of the fu~es’wntract and the volume of trading in the futures contract is also discussed and estimated. It is found that the volume of trade rather than maturity explains the variance of the volatility. It is also discovered that past levels of volume of trade influence current variability of price volatility but that east variability of price volatility has much-less ‘of an influence on current levels of trading.
Fuel and Energy Abstracts
March 19%
95