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Sample text

Crude oil cannot be produced without producing some of its associated gas, which comes out of solution as the pressure is reduced on the way to and on the surface. Properly designed crude oil well completions and good reservoir management are used to minimize the production of associated gas so as to retain the maximum energy in the reservoir and thus increase ultimate crude oil recovery. Crude oil in the reservoir with minimal or no dissolved associated gas is rare and as dead crude oil is often difficult to produce as there is little energy to drive it.

Transport of natural gas as frozen hydrate, “In Proceeding of the 5th International Offshore and Polar Engineering Conference,” Vol. I, pp. 282–288, The Hague, The Netherlands (June 11–16, 1995). , Frozen hydrate for transport of natural gas, “In Proceeding of the 2nd International Conference on Natural Gas Hydrates,” pp. 415–422, Toulouse (June 2–6, 1996). , “Gas Storage and Transport Using Hydrates,” paper presented at the Offshore Mediterranean Conference, Ravenna (March 19–21, 1997). , Gas-to-liquids projects gaining momentum as process list grows, Oil Gas J, 16–21 (June 23, 1997).

Bauxite, silica sand, and limestone, may be difficult to import to sites with reliability. Therefore, much thought has to be given before embarking on the project(s) and monetizing the gas by this route (Thomas and Dawe, 2003). As discussed earlier, there are a number of options of exporting natural gas energy from oil and gas fields to market. Any gas energy export route requires a huge investment in infrastructure and long-term “fail-proof” contracts, covering perhaps 20 years or more. But which is the best way to monetize the gas?

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