Decarbonization efforts in the oil and gas sector continue to gain momentum but face significant challenges. In our previous blog, we discussed the challenges oil and gas companies face in reducing upstream greenhouse gas (GHG) emissions and highlighted several initiatives major operators such as ExxonMobil, Chevron, and Shell have made in GHG emissions reduction. However, […]
2022 Midstream Outlook: Challenging times ahead
Midstream companies will cut back on capital spending in 2022 significantly by over 50% from 2021 The projections for capital spending in 2022 by large midstream players show a consistent trend of cutting back from 2021 spending. For example, Kinder Morgan expects to cut $1 billion in capital spending while Enbridge has announced a capex […]
Quad Oa: Implications for Midstream Oil & Gas
The European Commission presented its first strategy to reduce methane emissions since 1996. This strategy detailed measures to reduce methane emissions in Europe as well as abroad and included plans to ban routine flaring and venting practices along and an obligation to improve detection and repair of leaks in natural gas infrastructure. This ruling is […]
Methanol for Power Generation
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 […]
2017 ADI Forum Highlights: Regulatory Environment
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 […]
New Technology to Address Flare Emissions
Natural gas flaring has increased dramatically in the United States with the growing development of new shale plays. Today, roughly 10% of total natural gas production is lost to venting and flaring, and in North Dakota one third of all natural gas produced is flared rather than being sold. This increase in flaring has attracted […]
How will Oil and Gas Producers Comply with New Methane Regulations?
The White House announced recently a new goal to reduce methane emissions from oil and gas producers by 40%-45% by 2025. This is in response to increased production of fossil fuels in the United States and a forecasted rise of 25% in methane emissions from oil and gas producers by 2025. Further, methane is 25 […]
A Brief History of Natural Gas Demand
United States natural gas production has grown at a rate of 3.8% per year since 2008 from 55 Bcf/d to 66 Bcf/d in 2013. Shale gas production, however, has grown at a much faster pace. In 2008 production was less than 6 Bcf/d, but production grew at a rate of over 40% per year to […]
