Peak Oil is You
Donate Bitcoins ;-) or Paypal :-)
Page added on October 9, 2015
China Triples Proven Reserves at Top Shale Gas Project
China has nearly tripled the size of proven reserves at its Fuling project, by far the country’s largest shale gas find, according to an official from investor Sinopec Corp and an industry report.
The Jiaoshiba block of the project, in the municipality of Chongqing in southwest China, has 273.8 billion cubic metres (bcm) of newly proven reserves, said the report carried on news.cnpc.com.cn, an industry portal run by top energy group CNPC.
That would take total proven preserve certified by the Ministry of Land and Resources (MLR) at Fuling to 380.6 bcm, giving it the potential to have an annual production capacity of 10 bcm by the end of 2017, it said.
China hopes to replicate the shale gas boom that has turned the United States into a net exporter, but more complex geology and small scale of development by only a handful state energy firms have resulted in only a few commercial discoveries.
The latest reserve appraisal was conducted on the Jiaoye-4 and Jiaoye-5 wells, southwest of the previously evaluated Jiaoye-1 and Jiaoye-3 wells.
By the end of August, a total of 142 wells at the Jiaoshiba block had tested high-yield industrial gas flows, the report said.
A media official with Sinopec Corp, the investor in Fuling, confirmed the contents of the report.
Sinopec told Reuters last month that the company was sticking by its investment pledge on shale gas despite it being more costly and technically more challenging than its conventional fields such as Puguang.
7 Comments on "China Triples Proven Reserves at Top Shale Gas Project"
Plantagenet on Fri, 9th Oct 2015 12:06 pm
Australia and a lot of other countries around he world are counting on selling china LPG. This looks unlikely as China develops its own shale gas.
GregT on Fri, 9th Oct 2015 12:22 pm
Another irrelevant distraction brought to you today from RigPorn.
Boat on Fri, 9th Oct 2015 10:36 pm
Shale gas is booming all over the planet. Must be Obamas fault because of his war on coal.
apneaman on Fri, 9th Oct 2015 10:52 pm
Boat, it actually has to be extracted to qualify as a boom. Government press releases don’t count.
GregT on Sat, 10th Oct 2015 12:42 am
Apnea,
Maybe Boat was referring to the boom that is about to be heard around the world. The MOAB. (Mother of all Bubbles)
Or perhaps he was just referring to the end of modern industrial society? Big-ba-da-boom!
Boat on Sat, 10th Oct 2015 7:13 am
apeman,
Google nat gas production. You will see every year is record production. US and the world. funny thing about facts. They just won’t go away.
Also google Chinese fracking. It is growing. They got that cheap labor and no environmental regulations.
Apneaman on Sat, 10th Oct 2015 8:20 am
Ya boat, I know all the numbers, but this article is not talking global extraction is it? It is talking about 1 project appraisal, the Fuling project.
“The latest reserve appraisal was conducted on the Jiaoye-4 and Jiaoye-5 wells, southwest of the previously evaluated Jiaoye-1 and Jiaoye-3 wells.”
I think you just like to use the word BOOM as much as possible – shoe horn it in there whenever you can eh?
BTW what is the technical definition of a Boom?
BTW 2.0 Since you mentioned on the other thread that gas was cleaner, you should know that Nat Gas is no better than coal or any other fossil fuel as far as greenhouse gasses go. The leakage rates are ridiculous. From the well to the customer and everywhere inbetween.
US Natural Gas ‘Revolution’ is a Bridge to Nowhere
“Don’t let the benign moniker fool you. While natural gas (which consists primarily of methane) may be colorless, odorless, tasteless and lighter than air, it is an extremely potent greenhouse gas. For its first 20 years in the atmosphere methane traps about 86 times the heat of its more infamous cousin — carbon dioxide. Over a hundred year period methane’s heat trapping power is roughly 28 times that of CO2.
However the paradoxical math that makes natural gas the fossil fuel du jour — especially with the Obama administration — centers solely on CO2. A coal-fired power plant emits about 2,000 pounds of CO2 per megawatt hour of energy produced, while natural gas produces electricity with almost half that amount.
So it’s the old bait and switch. Hydrocarbon allegiances are ditching dirty coal, for supposedly half-as-dirty natural gas. And Obama finally gets some environmental credibility with his vow to reduce US power plant emissions 30 percent by 2030. But the administration’s wholesale support of natural gas and heavy-handed attempts to convert other nations to a frack-happy future, is shortsighted.”
http://ourworld.unu.edu/en/us-natural-gas-revolution-is-a-bridge-to-nowhere
New report estimates enough natural gas is leaking to negate climate benefits
Natural gas drilling only has environmental benefits over other processes like coal and oil production if producers can keep a tight lid on leaks
“The EDF found that 65bn cubic feet of natural gas was released into the air on federal and tribal lands in 2013 – amounting to about $360m of lost gas. That, the EDF says, is not only an economic loss, but an environmental problem. Methane, the main ingredient in natural gas, is 84 times more potent than carbon dioxide over short periods of time and 30 times more potent over the long term.
The leaks are the equivalent to the greenhouse gases produced by 5.6m cars.
Local pollution is also concern, according to the EDF: in Pinedale, Wyoming, emissions from fracking and other drilling operations produced smog levels rivaling inner-city Los Angeles; while in New Mexico, a methane “hot spot” was so large it could be detected by NASA satellites.”
http://www.theguardian.com/environment/2015/jun/24/natural-gas-leaks-methane-environment
Project reveals 20,000 leaks in Mass. gas lines
Trouble spots widespread, some decades old
https://www.bostonglobe.com/metro/2015/08/20/new-law-casts-light-state-natural-gas-leaks/qJJPCjRZITc5ai0JeHNOqO/story.html
Leaks in Boston area gas pipes exceed estimates
“The amount of methane leaking from natural gas pipelines, storage facilities, and other sources in the Boston area is as much as three times greater than previously estimated — a loss that contributes to the region’s high energy costs and adds potent greenhouse gases to the atmosphere, according to a new study by scientists at Harvard University.
The leaks would be enough to heat as many as 200,000 homes a year and are valued at $90 million a year, the authors said.”
https://www.bostonglobe.com/metro/2015/01/22/natural-gas-leaks-boston-area-are-far-more-extensive-than-thought/5BykQrnaGRr2XLtxpHqLIM/story.html
Dangerous methane levels detected in D.C.
This map shows 5,800 places where a scientific survey sniffed out evidence of natural gas leaks. The scientists, who drove methane gas-detection equipment along all 1,500 miles of D.C. streets, also pinpointed a dozen manholes with enough gas to explode. Read related story.
https://www.washingtonpost.com/apps/g/page/local/dangerous-methane-levels-detected-in-dc/744/
Now do the math boat. All the leakage from all the new (BOOM) NatGas wells and pipelines plus the leakage from all the cities and towns in the world with NatGas infrastructure. A bridge fuel? Just another hopey propaganda meme to make the sheep believe something is being done. Just another nail in the coffin boat.