Srikes me as criminal wastage. This vitally important resource is not being “produced;” it is being released or extracted. It is bad enough that huge amounts of this gas, and petroleum, are used to make plastics (landfill stuffers)and fertilizers.
BTW, can any Freeper direct me to scientific publications that explain a process that could result in the production and the locational concentration of deposits of petroleum?
Can you explain more what you are looking for?
You talk about a process for production and for locational concentration of deposits?
Oil and gas are always sourced to sedimentary basins. Does that help?
Exactly.If the stories I've read are true the US and Canada both have obscene quantities of gas in reserve.Assuming that's true there's gotta be a way to use it for our benefit.
First you need to understand they do not want to flare it but there's times you have to. When developing a field it takes allot of infrastructure, flow lines, gas lines to your meters, then the main lines and booster stations. Sometimes it's necessary to flare until these are in place. Plus to get maximum oil production I need to get the pressure down. I can set tanks and truck out the oil but the NG has to go into a pipeline and until that equipment is in place I'll need to flare.
For $2.08 per 1000 cubic ft., they will sell you as much as you want right now.
We currently have an overabundance of natural gas because of the mild winter in the East and all of the new shale gas wells coming on line. At current rates, all storage facilities will be filled to the brim by October and the companies that were drilling the shale gas wells are moving their equipment to drill shale oil wells where they can get $100 per barrel.
These are all good things, BTW.
Enjoy it. Natural Gas prices have never been lower.