The discovery and rapid development of shale gas and unconventional oil plays has dramatically increased the supply of natural gas in North America. This growing natural gas resource can be monetized in several ways including conversion into liquefied natural gas (LNG), methanol, or other liquid hydrocarbons. Given the promise of new, cheap supply and methanol’s […]
Natural Gas Liquids: Returning to Good Times?
ADI Analytics hosted its first North America Natural Gas and NGL forum in Houston late February. The forum was well-attended with representatives from a wide range of companies including integrated oil and gas majors, refiners, E&P independents, industrial gas suppliers, equipment providers, technology licensors, investors, and media outlets. The forum featured several presentations by ADI […]
Growing Consolidation and New Markets Drive Change in the Artificial Lift Market
Artificial lift is a method of increasing pressure within an oil and gas reservoir to maximize hydrocarbon recovery. Historically, artificial lift was primarily used on wells with insufficient pressure but now in an effort to improve flow rates its use on naturally flowing wells has increased. In total there are ~1 million wells utilizing artificial […]
New Applications for Reciprocating Compressors in LNG
Large supplies of cheap natural gas have caused many companies to search for gas monetization options. Most focus has been on the construction of large-scale LNG liquefaction facilities. However, there are several smaller markets that are also benefitting from and seeing new innovation in the wake of cheap, plentiful gas. For example, low-speed reciprocating compressors […]
Improving Capital Projects with Modularization
Capital projects drive growth in the oil and gas industry and, yet, are plagued by cost and schedule overruns. In 2015 there were an estimated 800 oil and gas projects costing over $500 billion and one-third will end up facing delays. Operators are constantly searching for ways to improve performance, meet schedules, and reduce costs. […]
ADI Analytics Presents at 2015 Energy Construction Forum
ADI Analytics was invited to present at the inaugural Energy Construction Forum in Galveston, Texas on March 3-4, 2015. The event was organized by the Stone Fort Group and featured over 30 industry speakers focusing on problems and solutions seen in oil and gas projects. Tyler Wilson of ADI Analytics gave a presentation on optimizing […]
Options to Reduce Flaring
In 2014, almost one-third of natural gas extracted in North Dakota was lost to flaring. Flaring is when the gas is burned at the well instead of being commercially used. Flaring is more environmentally friendly than venting excess natural gas into the atmosphere. When natural gas is vented, the pollutant that enters the atmosphere is […]
Bloomberg Quotes ADI Analytics on Small-Scale LNG Projects
Uday Turaga of ADI Analytics was quoted in Bloomberg’s story on small-scale LNG projects in North America and an advantage that they hold over their large-scale counterparts. Drawing upon his industry experience and knowledge of the natural gas value chain, Turaga commented on small-scale LNG export projects: Now, with finances tight, smaller projects have an advantage […]
Fueling Transportation with Natural Gas
Thanks to shale gas, natural gas production is outpacing demand and available cheaply. As a result people are looking for new ways to use natural gas. One way is to use natural gas as a transportation fuel for heavy-duty trucks and marine ships. The main driving force behind such applications would be a price difference […]
Corporate social responsibility in the oil and gas industry
Two interesting articles that appeared last week highlighted for me a project that ADI Analytics recently completed on benchmarking corporate social responsibility (CSR) in oil and gas companies. The first was in the Economist and talked about how CSR is now more constructive and better ingrained with core business operations and goals. The second is a […]