IDEAS home Printed from https://ideas.repec.org/a/eee/eneeco/v31y2009i5p815-823.html
   My bibliography  Save this article

Preliminary report on the commercial viability of gas production from natural gas hydrates

Author

Listed:
  • Walsh, Matthew R.
  • Hancock, Steve H.
  • Wilson, Scott J.
  • Patil, Shirish L.
  • Moridis, George J.
  • Boswell, Ray
  • Collett, Timothy S.
  • Koh, Carolyn A.
  • Sloan, E. Dendy

Abstract

Economic studies on simulated gas hydrate reservoirs have been compiled to estimate the price of natural gas that may lead to economically viable production from the most promising gas hydrate accumulations. As a first estimate, $CDN2005 12/Mscf is the lowest gas price that would allow economically viable production from gas hydrates in the absence of associated free gas, while an underlying gas deposit will reduce the viability price estimate to $CDN2005 7.50/Mscf. Results from a recent analysis of the simulated production of natural gas from marine hydrate deposits are also considered in this report; on an IROR basis, it is $US2008 3.50-4.00/Mscf more expensive to produce marine hydrates than conventional marine gas assuming the existence of sufficiently large marine hydrate accumulations. While these prices represent the best available estimates, the economic evaluation of a specific project is highly dependent on the producibility of the target zone, the amount of gas in place, the associated geologic and depositional environment, existing pipeline infrastructure, and local tariffs and taxes.

Suggested Citation

  • Walsh, Matthew R. & Hancock, Steve H. & Wilson, Scott J. & Patil, Shirish L. & Moridis, George J. & Boswell, Ray & Collett, Timothy S. & Koh, Carolyn A. & Sloan, E. Dendy, 2009. "Preliminary report on the commercial viability of gas production from natural gas hydrates," Energy Economics, Elsevier, vol. 31(5), pages 815-823, September.
    • Handle: RePEc:eee:eneeco:v:31:y:2009:i:5:p:815-823
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0140-9883(09)00041-3
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lu, Nu & Hou, Jian & Liu, Yongge & Barrufet, Maria A. & Ji, Yunkai & Xia, Zhizeng & Xu, Boyue, 2018. "Stage analysis and production evaluation for class III gas hydrate deposit by depressurization," Energy, Elsevier, vol. 165(PB), pages 501-511.
    2. Wang, Yi & Feng, Jing-Chun & Li, Xiao-Sen & Zhang, Yu, 2018. "Influence of well pattern on gas recovery from methane hydrate reservoir by large scale experimental investigation," Energy, Elsevier, vol. 152(C), pages 34-45.
    3. Chong, Zheng Rong & Yang, She Hern Bryan & Babu, Ponnivalavan & Linga, Praveen & Li, Xiao-Sen, 2016. "Review of natural gas hydrates as an energy resource: Prospects and challenges," Applied Energy, Elsevier, vol. 162(C), pages 1633-1652.
    4. Riley, David & Schaafsma, Marije & Marin-Moreno, Héctor & Minshull, Tim A., 2020. "A social, environmental and economic evaluation protocol for potential gas hydrate exploitation projects," Applied Energy, Elsevier, vol. 263(C).
    5. Cheng, Fanbao & Sun, Xiang & Li, Yanghui & Ju, Xin & Yang, Yaobin & Liu, Xuanji & Liu, Weiguo & Yang, Mingjun & Song, Yongchen, 2023. "Numerical analysis of coupled thermal-hydro-chemo-mechanical (THCM) behavior to joint production of marine gas hydrate and shallow gas," Energy, Elsevier, vol. 281(C).
    6. Feng, Qian & Liu, Xian-jie & Peng, Zhi-gang & Zheng, Yong & Huo, Jin-hua & Liu, Huan, 2019. "Preparation of low hydration heat cement slurry with micro-encapsulated thermal control material," Energy, Elsevier, vol. 187(C).
    7. Döpke, Lena-Katharina & Requate, Till, 2014. "The economics of exploiting gas hydrates," Energy Economics, Elsevier, vol. 42(C), pages 355-364.
    8. Chen, Xuejun & Lu, Hailong & Gu, Lijuan & Shang, Shilong & Zhang, Yi & Huang, Xin & Zhang, Le, 2022. "Preliminary evaluation of the economic potential of the technologies for gas hydrate exploitation," Energy, Elsevier, vol. 243(C).
    9. Feng, Yu & Qu, Aoxing & Han, Yuze & Shi, Changrui & Liu, Yanzhen & Zhang, Lunxiang & Zhao, Jiafei & Yang, Lei & Song, Yongchen, 2023. "Effect of gas hydrate formation and dissociation on porous media structure with clay particles," Applied Energy, Elsevier, vol. 349(C).
    10. Li, Xiao-Sen & Xu, Chun-Gang & Zhang, Yu & Ruan, Xu-Ke & Li, Gang & Wang, Yi, 2016. "Investigation into gas production from natural gas hydrate: A review," Applied Energy, Elsevier, vol. 172(C), pages 286-322.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eneeco:v:31:y:2009:i:5:p:815-823. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eneco .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.