[spot5050]

I haven't been to this site for a while so forgive me if things have moved on and the following has been debated already.

Natural gas can be used as a substitute for many oil products. For example, electricity in the UK is generated by both oil and gas-fired powerstations. Likewise fertiliser. Cars can be converted to run on natural gas for about 2,000 GBP per vehicle, and there are many more examples.

Because peak-gas is predicted to occur after peak-oil, then maybe the most significant event event for the economy - and therefore my lifestyle - isn't peak-oil, but peak-gas.

The above doesn't negate the concept of "peak-energy", but the thought of a few more years breathing-space is rather appealing.

[Laughs_Last]

NG does not transport as easily as crude. [deleted by author]

[ReserveGrowthRulz]

$this->bbcode_second_pass_quote('Laughs_Last', ' ') Also, due to gas wells rapidly losing pressure at the end of production, Peak NG may come with little (obvious) warning.

[Micki]

Have the NG extraction charts taken into account increased extraction after we hit PO?

I can't seem to find the darn charts now, but generally they show that NG peaks some years after oil.
But if we experience for instance 5-7% decline in oil extraction this needs to be met with increased NG extraction and this should lead to a sooner peak.


$this->bbcode_second_pass_quote('', 'B')ecause peak-gas is predicted to occur after peak-oil, then maybe the most significant event event for the economy - and therefore my lifestyle - isn't peak-oil, but peak-gas.

[NEOPO]

$this->bbcode_second_pass_quote('ReserveGrowthRulz', '')$this->bbcode_second_pass_quote('Laughs_Last', ' ') Also, due to gas wells rapidly losing pressure at the end of production, Peak NG may come with little (obvious) warning.

[ReserveGrowthRulz]

$this->bbcode_second_pass_quote('NEOPO', '')$this->bbcode_second_pass_quote('ReserveGrowthRulz', '')$this->bbcode_second_pass_quote('Laughs_Last', ' ') Also, due to gas wells rapidly losing pressure at the end of production, Peak NG may come with little (obvious) warning.

[RockHind]

$this->bbcode_second_pass_quote('ReserveGrowthRulz', '')$this->bbcode_second_pass_quote('Laughs_Last', ' ') Also, due to gas wells rapidly losing pressure at the end of production, Peak NG may come with little (obvious) warning.

[ReserveGrowthRulz]

$this->bbcode_second_pass_quote('RockHind', '
')To further the general education of the board, could you properly characterize natural gas production operations with respect to production curves for us?

[sch_peakoiler]

$this->bbcode_second_pass_quote('spot5050', 'I') haven't been to this site for a while so forgive me if things have moved on and the following has been debated already.

The above doesn't negate the concept of "peak-energy", but the thought of a few more years breathing-space is rather appealing.

[Laughs_Last]

$this->bbcode_second_pass_quote('RockHind', '')$this->bbcode_second_pass_quote('ReserveGrowthRulz', '')$this->bbcode_second_pass_quote('Laughs_Last', ' ') Also, due to gas wells rapidly losing pressure at the end of production, Peak NG may come with little (obvious) warning.

[mekrob]

Something to add to sch_peakoiler's comments:

Oil provides 40% of the world's energy, while natural gas only 20% (roughly). So even a 2% decline in oil production would require a 4% increase in NG. In subsequent years, the needed increase would be less as the amount of oil taken offline would be less than the previous years, but a significant increase would be required.

And given all of the news about Ghawar, Burghan, North Sea, Cantarell, North Slope, etc, it seems highly unlikely that we'll manage only 2% decline rate. I believe even CERA thinks ~5% is accurate.

[ReserveGrowthRulz]

$this->bbcode_second_pass_quote('Laughs_Last', '
')
Overall production has been relatively flat for at least a decade. However, each year in increasing number of new wells are needed in North America.

[sch_peakoiler]

RGR,

can you please as an industry man comment on UK oil and gas production figures as found in the BP annual energy outlook?

I deducted from them, that UK peaked both in oil and gas but maybe you can explain them more in detail and maybe that is not the peak yet.

[TorrKing]

The Norway-UK pipeline was officially opened Monday to my recollection. I think it will be losing pressure quite rapidly (well, not in days or months, but years) as we are thinking of utilizing more of it at home. Several LNG powerplants are under planning in Norway.

[RockHind]

$this->bbcode_second_pass_quote('ReserveGrowthRulz', '')$this->bbcode_second_pass_quote('RockHind', '
')To further the general education of the board, could you properly characterize natural gas production operations with respect to production curves for us?

[spot5050]

$this->bbcode_second_pass_quote('Laughs_Last', 'D')ue to transport, peak oil’s effect will be roughly the same throughout the world at the same time. Peak NG will be a more regional event.

[Micki]

$this->bbcode_second_pass_quote('', 'P')lease do not utilise more of it at home because we need it in the UK thanks[spoil]

[spot5050]

$this->bbcode_second_pass_quote('Micki', 'Q')uestion, do you get the same mileage out of 1L gas as 1L petrol?

[Laughs_Last]

In regard to my writing “rapidly losing pressure”, I accept that this is a deceptively poor characterization. Mea Culpa. NG still isn’t going to do me any favours in North America. Given a sufficiently gradual increase in price, I hope that coal gas (town gas) will take up the slack at an affordable enough price for current heating uses. For a while.

And for Miki:
Liquid Fuel Energy Content (Wikipedia)

[peripato]

I've read that Algeria and Nigeria are planning to build a 4500 mile natural gas pipeline linking Europe to ensure the continuation of overshoot.