<DrumBeat: November 27, 2006 The Oil Drum A little more updating of information>

129 comments on LNG To The Rescue?

Comments can no longer be added to this story.

| Show without comments | PDF version

DIYer on November 27, 2006 - 1:26pm Permalink | Subthread | Comments top
Wow it looks like we're going off a cliff in that first graphic! No wonder they're drilling the DFW airport!
Comments can no longer be added to this story.
thegoodshipkship on November 27, 2006 - 7:42pm Permalink | Subthread | Parent | Comments top
I am also curious about Figure 1.  Dave, know why there is such a big dip in '06?
Comments can no longer be added to this story.
Dave Cohen on November 27, 2006 - 7:48pm Permalink | Subthread | Parent | Comments top
You'd have to ask IHS Energy. It's either a mistake or things are going to hell in a handbasket.

Comments can no longer be added to this story.
chemE on November 27, 2006 - 8:49pm Permalink | Subthread | Parent | Comments top
There was a big dip because storage was (is) full at 3.2 tcf and there was no place to pump the produced(!) the gas. That is why some producers shut wells and also returned rigs.

! produced = extracted from the guts of the earth.

Comments can no longer be added to this story.
thegoodshipkship on November 27, 2006 - 9:39pm Permalink | Subthread | Parent | Comments top
I think the 3.2 tcf is the 5 year average.  The eia says the weekly is ~3.45 tcf.  Also, the storage capacity I found on the eia web page is 8+ tcf as of 2004.  If thats correct we aren't anywhere near storage capacity.  Maybe thats not the right figure though.  Where did you get the 3.2 tcf for total storage capacity?
Comments can no longer be added to this story.
chemE on November 28, 2006 - 12:57am Permalink | Subthread | Parent | Comments top
Well my number was not well researched but from memory and press reports. I seemed to remember 3.2 but it may have been 3.45 tcf. The reports said that production was being shut in due to lack of storage capacity. I did not try to verify what the true storage capacity was.

From what I remember some of the bigger players had shut in some wells - at least that is what was reported.

Comments can no longer be added to this story.
AlanfromBigEasy on November 28, 2006 - 1:02am Permalink | Subthread | Parent | Comments top
http://tonto.eia.doe.gov/oog/info/ngs/ngs.html

Last weeks report was 3.450 Tcf.  I heard max was ~3.5 Tcf.

Alan

Comments can no longer be added to this story.
thegoodshipkship on November 28, 2006 - 9:33am Permalink | Subthread | Parent | Comments top
Found this eia pdf that says the "working" storage capacity is something like 3.6 tcf.  So more than 3.45 but not too far off.
Comments can no longer be added to this story.

129 comments on LNG To The Rescue?

Comments can no longer be added to this story.

| Show without comments | PDF version