Thanks to horizontal drilling and multi-stage fracing, the US is now neck-and-neck with Russia for the world’s number-one producer. In addition to developments in the US, substantial new natural gas discoveries, including those in the North West Shelf of Australia, East Africa and the Eastern Mediterranean, mean that the world has an abundant, a clean, and—depending on where you live—a relatively inexpensive energy source.
Abundant supply is driving two major industry trends. As more natural gas is used as an energy source and as a feedstock, the demand for transport, storage and processing will increase dramatically. At Gulf Publishing Company, we track gas processing projects through Hydrocarbon Processing’s Construction Boxscore Database. We have seen an increase of 39% in new gas processing projects in the US in the last year alone. This is a substantial trend, and one we believe will continue with year-on-year increases for the next five years of 10%/year or more.
The second trend we see is in innovative uses of gas. As gas has become more abundant and the price has dropped, we have seen companies deploy natural gas for new and pioneering uses. Natural gas is taking the place of crude as a feedstock for petrochemicals production. Major new GTL plants are planned for the first time in the US. Also, mini-GTL plants and micro-LNG units are being moved to production sites, both onshore and offshore. We have seen mini-GTLs being used at drilling sites and on FPSOs, as well as micro-LNG units and dual-fuel engines at drilling sites to power rigs and pressure pumping equipment.
This time in the energy industry has been called “The Golden Age of Gas.” What that means for our industry is the number, size and scope of projects will grow. That’s good for all of us. Just as important and good for our industry is that innovation in the use of this God-given natural resource will provide efficiencies throughout exploration, production, processing and transportation.
As we do with our other publications, World Oil and Hydrocarbon Processing, Gas Processing will provide you with information on practical technology and trends to keep you informed and help you do your job better.
This inaugural issue of Gas Processing pursues those ends with features on the global gas processing construction outlook by Lee Nichols of Gulf Publishing Company, a discussion of LNG supply and demand by Nelly Mikhael of FACTS Global Energy, an article on technologies for small-scale LNG by Joseph Pak of Cosmodyne, and a discussion of shale trends from Vantage Point Energy. In addition, Pramod Kulkarni, editor of World Oil, offers an article on the innovative use of natural gas for drilling and fracturing operations.
The “Golden Age of Gas” spans the upstream, midstream and downstream, and therefore does not fit neatly into the categories under which Gulf Publishing Company has delivered content to the oil and gas industry for the past 100 years. So, we created new media to serve the increasingly important gas processing industry. Gas Processing will be published quarterly in 2013 and six times in 2014. In July 2013, we will introduce www.gasprocessingnews.com, which will house news, articles, resources, and our database of gas processing projects.
Please let us know what you think of this new information resource and how we can tailor it to help you, the gas processing industry professional. I hope that this issue is the first step in a long and prosperous journey. GP
JOHN T. ROYALL is President and Chief Executive Officer of Gulf Publishing Company. Mr. Royall has extensive experience in business-to-business media and events, including 25 years in business publishing. A graduate of the University of Texas, and with graduate work at George Washington University and the University of Munich, he held executive positions at Reed Elsevier before joining Gulf as President and CEO in 2009. Mr. Royall is a member of the Executive Committee of the American Fuels and Petrochemical Manufacturers Association (AFPM) and the Independent Petroleum Association of America, and he serves on a number of boards, including the Education Committee of IPAA/PESA and the Oilfield Christian Fellowship.
Between mid-2019 and mid-2020, the amount of LNG terminal capacity in construction around the world more than doubled.
Executive Viewpoint: Excelerate Energy sees huge new-market potential for FSRUs
Excelerate Energy is a pioneer and market leader in floating LNG regasification solutions.
Executive Viewpoint: Midstream seeks cost-effective, “fit-for-purpose” solutions amid downturn
-Gregory L. Hall
BCCK Holding encompasses BCCK Engineering Inc., an international natural gas engineering company specializing in nitrogen rejection, nitrogen rejection for landfill gas, NGL recovery, CO2 removal, helium recovery, skidded LNG plants and oxygen removal.
Regional Focus: The role of small-scale LNG in Russia’s energy agenda
-Lorenzo Micucci, John Motta
A number of factors are challenging Russia’s position in the energy markets: the change in the global natural gas landscape, the abundance of gas, expanding LNG trade, and the increased interconnectivity among pipeline systems that makes possible reverse flows.
GasPro 2.0: A Webcast Symposium
Following the successful GasPro Webcast Symposium in October 2019, the third GasPro Webcast Symposium will take place on October 21, 2020.
The 2019 webcast drew attendees from around the world, with more than 80% of the audience working in company management or engineering divisions.
The 2020 web event will gather experts in the fields of LNG, gas processing and process safety to share market, operations and engineering technology and trends with our audience.
Attendees of the 2020 webcast will learn about market solutions and technology deployments in a number of areas: LNG delivery infrastructure, small-scale desulfurization for NGL, H2S removal for gas treating, process safety for safety instrumented systems, small-scale LNG project design, and advances in freeze component removal for LNG.
October 21, 2020 08:30 AM CDT