GROWTH FACTORS AND CHALLENGES FOR OIL MARKET; GROWTH FACTORS FOR OIL MARKET; Demographic Factors, Oil Demand, Motorization in Asian Countries, Upstream Costs Increase, Principal CHALLENGES FOR OIL MARKET, US Shale Oil Production, US shale oil production potential for well drilling, Other constraints, Deepwater Production, Iraqi production growth prospects, GTL – challenge for the oil market after 2020
A very simple presentation on crude oil,important for student to understand the concept of crude oil and its importance in world.how does it impact india.imports bill has improved but export is facing downturn due to sluggish growth of world economy.
WATCH THE VIDEO VERSION!
http://www.youtube.com/watch?v=Xeo-gEkbq6k
dailyresourcehunter.com
One question we've been hearing a lot lately is "what is fracking?" Hydraulic fracturing, hydrofracking or "fracking" is a new technology used by the energy industry to unlock new supplies of domestic oil and clean-burning natural gas. In this exclusive Daily Resource Hunter video series we'll take a look into the oft-mentioned oil and gas procedure called "fracking"... and show you what it's all about.
GROWTH FACTORS AND CHALLENGES FOR OIL MARKET; GROWTH FACTORS FOR OIL MARKET; Demographic Factors, Oil Demand, Motorization in Asian Countries, Upstream Costs Increase, Principal CHALLENGES FOR OIL MARKET, US Shale Oil Production, US shale oil production potential for well drilling, Other constraints, Deepwater Production, Iraqi production growth prospects, GTL – challenge for the oil market after 2020
A very simple presentation on crude oil,important for student to understand the concept of crude oil and its importance in world.how does it impact india.imports bill has improved but export is facing downturn due to sluggish growth of world economy.
WATCH THE VIDEO VERSION!
http://www.youtube.com/watch?v=Xeo-gEkbq6k
dailyresourcehunter.com
One question we've been hearing a lot lately is "what is fracking?" Hydraulic fracturing, hydrofracking or "fracking" is a new technology used by the energy industry to unlock new supplies of domestic oil and clean-burning natural gas. In this exclusive Daily Resource Hunter video series we'll take a look into the oft-mentioned oil and gas procedure called "fracking"... and show you what it's all about.
This lecture reviews hydraulic fracturing and alternative fracturing technologies, by searching the open literature, patent databases and commercial websites.
For each identified technique, an overview is given.
The technique is then briefly explained, and its rationale (reasons for use) is identified. Potential advantages and disadvantages are identified, and some considerations on costs are given.
Finally, the status of the technique (for instance, commercially applied, being developed, concept, etc.) is given for its application to shale gas production.
Why Unconventional Gas Reservoirs need to be Hydraulically Fractured; The importance of complex hydraulic fracture geometry; The Hydraulic Fracturing Process described; Fracturing Materials; What Can We Control During a Fracture Treatment?; Why cause and effect with respect to production are not always obvious; Key Considerations for Hydraulic Fracturing of Gas Shales; Why We Fracture Shale Gas Wells…!; The Hydraulic Fracturing Processes; Functions of the Fracturing Fluid; Fracturing Challenges in Unconventional Gas Reservoirs; Post Fracture Treatment Monitoring Methods; Fracture Treatment Validation Via Microseismic Monitoring
Más información en:
http://www.universidadpopularc3c.es/index.php/actividades/conferencias/event/1942-conferencia-qfrackingq-y-medio-ambiente
Ponente: D.Juan Francisco Llamas Borrajo Catedrático de Geoquímica, Química Ambiental y Análisis Instrumental UPM
Tema: Conferencia sobre el "Fracking" y su influencia sobre el medio ambiente. También se discuten las condiciones necesarias para evitar riesgos.
Fecha: 11 de noviembre de 2014
Lugar: Universidad Popular Carmen de Michelena de Tres Cantos.
This lecture reviews hydraulic fracturing and alternative fracturing technologies, by searching the open literature, patent databases and commercial websites.
For each identified technique, an overview is given.
The technique is then briefly explained, and its rationale (reasons for use) is identified. Potential advantages and disadvantages are identified, and some considerations on costs are given.
Finally, the status of the technique (for instance, commercially applied, being developed, concept, etc.) is given for its application to shale gas production.
Why Unconventional Gas Reservoirs need to be Hydraulically Fractured; The importance of complex hydraulic fracture geometry; The Hydraulic Fracturing Process described; Fracturing Materials; What Can We Control During a Fracture Treatment?; Why cause and effect with respect to production are not always obvious; Key Considerations for Hydraulic Fracturing of Gas Shales; Why We Fracture Shale Gas Wells…!; The Hydraulic Fracturing Processes; Functions of the Fracturing Fluid; Fracturing Challenges in Unconventional Gas Reservoirs; Post Fracture Treatment Monitoring Methods; Fracture Treatment Validation Via Microseismic Monitoring
Más información en:
http://www.universidadpopularc3c.es/index.php/actividades/conferencias/event/1942-conferencia-qfrackingq-y-medio-ambiente
Ponente: D.Juan Francisco Llamas Borrajo Catedrático de Geoquímica, Química Ambiental y Análisis Instrumental UPM
Tema: Conferencia sobre el "Fracking" y su influencia sobre el medio ambiente. También se discuten las condiciones necesarias para evitar riesgos.
Fecha: 11 de noviembre de 2014
Lugar: Universidad Popular Carmen de Michelena de Tres Cantos.
Metodologia: fracking: Progreso economico o Contaminacion Ambientalaposadaj
6. El impacto ambiental del fracking
7. Diagnóstico de la Unión Europea y Americana Latina sobre el fracking
8. Factores Socioeconómicos
9. Los precios del crudo
10. Analisis y desiciones sobre las tecnicas no convencionales
11. conclusiones
12. Bibliografia
Hydraulic Fracturing or ‘Fracking’: A Short Summary of Current Knowledge and ...Marcellus Drilling News
A small-scale study written by Dr. Dave Healy with the University of Aberdeen (Ireland), and released by the Irish Environmental Protection Agency. This 26-page "preliminary study" explores and summarizes current knowledge about the environmental considerations and impacts of shale gas exploration and extraction, and in particular the use of hydraulic fracturing technology.
¿Que es el fracking? ¿Cuáles son sus impactos?AIDA_Americas
Presentación de Héctor Herrera, abogado de la Asociación Interamericana para la Defensa del Ambiente (AIDA), en el seminario virtual "El avance del fracking en América Latina: Herramientas para prevenirlo y detenerlo", realizado el 8 de julio de 2016.
Non-renewable Resources slides by Kiersten LippmannKiersten Lippmann
Graphic heavy slides to engage students based on Essential Environment by Withgott and Laposota. Slides cover Chapter 15 on non-renewable Energy Sources
Michigan Energy Forum - December 6, 2012AnnArborSPARK
Natural gas has dropped in price drastically in the last several years thanks to new drilling technologies such as "fracking." This change in the economics of power generation is prompting manufacturers to explore gas powered co-generation and prompting utilities faced with an aging fleet of coal fired power plants to consider replacing them with gas powered electrical power plants in light of their cheaper costs. Burning less coal could reduce polution and GHG emissions, but fracking raises some concerns about ground water and safety. We will discuss the impact of fracking on natural gas prices and its impact on our fuel source mix and the economic opportunities, environmental impacts, regulations, and concerns being raised by this technology and market dynamics it is facilitating.
Our group presentation and topic discussion is titled "The US Strategic Petroleum Reserve and its Implications on the Domestic and Global Oil Market." Our team members include Matthew Yorkinski, Shih-hsu Hsu, and Jaime Sigaran (myself).
Our topic discussion will involve four parts:
Part One will serve as a formal introduction to the SPR program in the United States as well as look at the basic structure government policies and relevant laws--from historical beginning to where we are now.
Part Two will discuss economic factors such as supply and demand of crude oil. Furthermore, we will discuss market trends, such as technology and address scarcity issues.
Part Three will encourage a environmental dialogue. Here we discuss how underground salt domes interact with geological shifts and the natural environment.
Part Four will serve as our conclusion. We will discuss our final thoughts about the program and make suggests to improve or change the current framework.
A major environmental concern related to nuclear power is the creation of radioactive wastes such as uranium mill tailings, spent (used) reactor fuel, and other radioactive wastes. These materials can remain radioactive and dangerous to human health for thousands of years.
Hydraulic Fracturing and Marcellus Shale Gas 11 22 2011Michael Klein
The drilling technique of Hydraulic Fracturing has allowed natural gas producers to extract natural gas economically from deep shale formations. This innovative drilling technique has made enormous quantities of natural gas available in wide areas of the United States from Texas, Louisiana, Pennsylvania, New York, Wyoming, North Carolina, and Colorado. The drilling technique of hydraulic fracturing accounts for roughly a quarter of total natural gas production in the United States as cited by the Energy Information Administration. With the increased emphasis on the use of natural gas in our federal energy policy, there will be new regulations, processes, and resources that will be required to mitigate the risks to human health and the environment from this new drilling technique. The presentation discusses the process of hydraulic fracturing; the threats that are posed to human health and the environment, areas in the USA where the process is used with an emphasis on the Marcellus Shale formation, current and new regulations being put into place, and plaintiff challenges to the process.
2. What is Hydraulic Fracturing?
Definition
• A method of obtaining natural gas (NG) and oil from small fissures
inside shale deposits underground through the drilling of wells.
• Utilizes chemically treated water and proppant that is injected
underground to stimulate the release of trapped natural gas and oil
molecules.
• Commonly referred to as “fracking”.
3. The Process of Fracking
• Well is drilled down into earth,
then horizontally into shale
formation.
• Intercepts small fissures in
shale where NG and oil are
trapped.
• Slickwater pushed into the
well, forcing fissures open and
releasing NG/oil.
http://www.bbc.com/news/uk-14432401
4. The Process of Fracking
• NG/oil is then displaced into the
well and collected.
• Slickwater is then allowed to exit
well.
• Flowback release process lasts up
to 2 weeks.
• Wastewater is then collected and
transported for disposal.
7. Benefits of Fracking
Creates Economic surplus
• In 2010, shale gas created consumer surplus of $100 billion dollars.
• Increases availability of work in the job market.
• Increase in federal revenue and household income.
• Marcillus shale speculated to contain $120 billion dollars worth of
NG.
• Research and development of fracking techniques increasing investment into
industry.
8. Benefits of Fracking
Energy Availability
• Marcillus shale estimated to have up to 500 trillion cubic feet of
NG.
• Price of NG lowering, making electricity cheaper.
• Supply estimated to last 90 years.
• Optimistic figures = double.
9. Benefits of Fracking
Smaller Carbon Footprint
• Collection and burning of NG is more “environmentally friendly”
than burning coal.
• NG burning releases half the amount of carbon dioxide omissions
that coal releases.
• Geopolitical shift from coal-burning to natural gas would benefit
global environment.
10. Risks of Fracking
Water Consumption
• First practiced In the 1940’s.
• Used less than 1000 gallons of fluid and 500 gallons of proppant.
• Modern method coined in 1997 by Mitchell Energy.
• Addition of horizontal drilling.
• Uses over 8 million gallons of water and 4 million gallons of proppant.
• One single well can be fracked multiple times throughout its life.
11. Conservative solution?
Recycling of flowback
• Recycling for use in future fracking operations requires a lower
level of treatment and is easily achievable.
• Recycling for use in non-oil use requires a higher standard of
treatment and is more costly, but achievable.
(Lester Y, et al. Sci Total Environ. Apr 2015. 512-13:637-44.)
12. Risks of Fracking
Environmental Disruption
• Flowback can contaminate sources of drinking water if not
properly disposed of or contained.
• Surface water – rivers, ponds, lakes.
• Groundwater – aquifers, water table.
• Can disturb environment.
• Can cause dramatic and devastating changes to fauna and flora within an
ecosystem.
13. Acorn Creek, Kentucky. (2007)
• Retention pond for flowback
overfilled and spilled into the
local creek.
• Habitat for threatened species:
• Chrosomus cumberlandensis
(Blackside Dace).
• Outstanding State Resource Water.
0
5000
10000
15000
20000
25000
30000
35000
40000
45000
50000
22-Jun 10-Jul 24-Jul
Conductivity(µS/cm)
Dates Sampled (Year 2007)
Conductivity of Water Sampled Over a 32 Day Period from
Acorn Creek, Kentucky
Site 4
Site 3
Papoulias DM, Velasco AL. 2013. Southeast Nat. 12:92-111.
14. Acorn Creek, Kentucky. (2007)
0
10
20
30
40
50
60
70
80
90
100
Curling/Clubbing of gill
filaments
Epithelial lifting of secondary
lamellae
%offishwithobservedsymptoms
Symptoms observed in fish over a 48 hour
period, that were collected from Site 3 of
Acorn Creek, Kentucky
3A (3hrs)
3B (48hrs)
Papoulias DM, Velasco AL. 2013. Southeast Nat. 12:92-111.
Normal
Curling of
filaments
Epithelial
lifting
15. How is Fracking Regulated?
• Managed state-by-state on private land.
• EPA regulation “Safe Water Drinking Act”.
• Prohibited underground injection of fluid.
• Amended in 2005.
• EPA “Clean Water Act”.
• Discharge of wastewater into US waters regulated.
16. Trade Secret Laws
• Oil and gas companies not required to disclose all chemicals used
in fracking process if they are labeled a trade secret.
• State-level law.
• Can be challenged.
• Controversy stems from non-disclosure of slickwater components.
• EPA requested voluntary disclosure.
• 944 data sheets studied, 14% had complete chemical components specified.
• Included biocides as a chemical component.
17. Trade Secret Laws
• “Biocides are a group of concern as they contain the highest
number of toxic compounds.”
• Poorly categorized yet widely used in [oil and gas] industry.
• (Stringfellow WT, et al. J Hazard Mater. Apr 2014. 275:37-54.)
• Biocides are used to control bacterial populations within produced
water.
• “Organisms that can metabolize sulfur compounds to sulfide are of interest
to oil and gas companies.” (Mohan AM, et al. PLoS One. 2014. 9:1-12.)
• Can lead to infrastructure corrosion, gas souring, and worker safety
concerns.
18. Trade Secret Laws
• Uproar from US society prompted response from federal
government.
• Mandatory disclosure of all chemicals used in fracking job.
• Oil companies required to disclose chemical components 30 days after a job
is completed.
• Only for wells drilled on federal land.
19. Fracking on Federal land?
Native American Reservations
• Religious opposition.
• Some Native Americans feel religiously obligated to the Earth.
• Cultural Importance.
• Hard to join the energy boom.
• Shale formations under Indian Reservations harder to drill into.
• Federal regulations & paperwork daunting to oil companies.
20. Bans on fracking?
Denton, TX
• Enforced city wide ban on fracking
• Complaints of noise and air pollution
• Ban repealed hours after it was enacted
• Lawsuits from Texas Oil and Gas Association and General Land Office
• HB 40 rendered ban unconstitutional
• Prohibits citizens from stopping development of oil/NG reserves.
21. Fracking Abroad
• United Nations debating use.
• Germany currently researching effectiveness.
• Environmental costs vs profits.
• France, Netherlands and Belgium enforcing bans on fracking.
22. Hydraulic Fracturing
• Benefits vs. Risks
• Economy, Energy, Cleaner alternative
• Environmental impact
• Sociological Views
• Fracking bans
• Cultural obligations
• Laws and Regulations
• Trade Secret Law
• Regulations on Federal Land
24. Some environmentalists believe all frack sites
should be federally mandated to ensure public
safety and accountability. Most oil companies
disagree with this statement, saying that
government intervention will harm the oil industry.
Should all fracking become federally regulated?
25. Oil industries claim that hydraulic fracturing is an
“environmentally friendly” method of obtaining
energy compared to coal mining operations.
Environmentalists disagree with this statement.
What are your thoughts?
26. Oil companies claim that portions of their fracking
solutions should remain non-disclosed due to
investments into research and development of said
solutions. There is opposition to this from portions
of society who claim full transparency is necessary
for total public security. Should trade secret laws
continue to be enforced?
27. What are your thoughts and opinions on
fracking in general?