Posted on 05/03/2012 12:51:07 PM PDT by Ernest_at_the_Beach
As Al Fin pointed out yesterday natural gas is priced to a barrel of oil equivalent at about $10-$11 per the estimable Geoffrey Styles view, something less than 10% of the cost of oil. For North Americans adding a viable and hopefully low cost means to make use of gas hydrates could be giant boost to low cost fuel sources and a massive kick to the economy.
For experts the methane hydrates resource is the largest reserve of hydrocarbons in the planetary crust. So far humanity has not devised a process to economically harvest this immense energy wealth. Todays DOE announcement may point the way to a new era in abundant energy to build out a bigger and better world economy.
By injecting a mixture of carbon dioxide and nitrogen into a methane hydrate formation (pdf link) on Alaskas North Slope, the DOE partnering with ConocoPhillips and Japan Oil, Gas and Metals National Corp was able to produce a steady flow of natural gas in the first field test of the new method. The test was done from mid-February to about mid-April this year.
The department said it would likely be years before production of methane hydrates becomes economically viable. Secretary Chu said in his statement, While this is just the beginning, this research could potentially yield significant new supplies of natural gas.
Methane hydrates are cold ice crystal-like structures that contain methane the chemical of natural gas. The hydrates are located under the Arctic permafrost and in ocean sediments along the continental shelf and widely spread worldwide.
Gerald Holder, dean of the engineering program at University of Pittsburgh, who has worked with the DOEs National Energy Technology Laboratory on the hydrate issue, said before the announcement he had been skeptical about what researchers would be able to accomplish.
He said the main problem until now was finding a way to extract natural gas from solid hydrates without adding a whole lot of steps that made the process too expensive, which makes the success of this new test significant.
It makes the possibility of recovering methane from hydrates much more likely. Its a long way off, but this could have huge impact on availability of natural gas, said Holder.
While everyone is suggesting that methane hydrate production is some time in the future, we might note that a partner is from Japan, a country that has been buying via imports virtually all its energy and fuel inputs. A glance at the map of potential reserves shows that Japan may well pour on the intellectual and financial power to get results much quicker than many expect.
On the other hand, for North Americans natural gas is ratcheting down to dirt cheap, with more resources with the new horizontal drilling and reserve fracturing available on land and significant amounts of natural gas at sea in already developed areas.
For everyone the matter of coming up with the CO2 for the injection is going to be a significant issue. First just gathering it remains a significant problem. Making it from natural gas is the preferred method today. That raises the question if the CO2 injected is lost to sequestration or is it recycled for reuse, or what proportion is being lost or recycled? CO2 is very useful and it may become a valuable resource in its own right very soon.
Abundance makes a lot of things that werent viable at a price possible at lower costs. Abundant fission or cold fusion could make electrolysis viable freeing hydrogen for adding to coal for both liquid fuels and CO2 sources. Scaling could make such concepts usual and common thinking very quickly.
For now though the DOE and partners news is very gratifying. It must be giving the futurists at OPEC an OMG moment, again. Things are going to be changing.
Lets hope the DOE and the partners spill some more info soon so we can have a better look.
I keep 12 months of usage in reserve.
It’s hopeful. It could bring about change. Therefore, it will cause global warming, and must be stopped./s
Mine it - use it up, else if the Earth warms enough all that hydrate will convert to gas turning the Earth back into a methane atmosphered planet. Oxyen will then become the new currency ... until the fresh water and food are used up.
Place weighted balloons up their a@#es. When they fart, the balloons fill up. When they defficate, the balloons are pushed out, but retain their content because the weights keep the methane inside. All the farmer has to do is collect the balloons, insert new ones, and wait for a pickup service for the full balloons. Global warming, stopped in its tracks. Farmers making money off of cow farts. Balloons put to good use. What’s not to like about this?
Just try to imagine what we could have done if we took all the money we spent on the “green energy” rathole and put it into LNG infrastructure. Grrr.
If nothing else, it is an alcohol, and is hydrophilic.
If nothing else, it is an alcohol, and is hydrophilic.
Apparently IsoOctane rocks.
Hate comes from envy which comes from vanity. The envi-mentalists want at least half of humanity to die off, thereby reducing their painful feelings of envy in half, or so their thinking goes. What doesn't make logical sense is why don't they want the mankind-killing climate apocalypse they tell us is coming? If all they believe is true, they get their wish. They should be rooting for it.
Message to envi-mentalists from the Joneses next door: "Try to keep up!"
I thought all you had to do was warm it up and it would de-crystallize into water vapor and methane. Something about weak covalent bonds holding it together...
Bump
BWWwwaaaahahahaha It’s all Chu’s fault. Now they’ve gone and done it. This has come about a lot sooner than I expected.
BWWwwaaaahahahaha It’s all Chu’s fault. Now they’ve gone and done it. This has come about a lot sooner than I expected.
This could have been delayed easily and no one would have had a clue.
What does this say about his estimate of the politics of this?
Is he gonna say this drilling is a Green Job?
He is going to use this to tell the world how he is serious about going after all forms of energy and this is a great NEW source....
And quietly he will tell those concered about environmental damage and the fishies...just cool it..."I will have more Flexibility after I am reelected"!!
BTTT!
“The department said it would likely be years before production of methane hydrates becomes economically viable. Secretary Chu said in his statement, While this is just the beginning, this research could potentially yield significant new supplies of natural gas.
This of course, is the key to Chu’s love of the process. It’s not coming for decades. As soon as it becomes practical and economic, the left everywhere will be violently opposed to Methane Hydrates.
Thanks Ernest. Zero will make a major policy-shift speech about this, saying we must move beyond a modern society.
Also thanks neverdem for the additional ping.
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