Natural Gas to the Rescue
- dataentrytsk
- Dec 15, 2016
- 2 min read
It has often been said that even a broken clock has the correct time twice a day. So, my recent predictions for a reversal of the price of natural gas shouldn't draw too many accolades, as this was a fairly easy analysis. I guess the key in the energy prediction business is keeping your focus on the future price trends. Technical Data used in the field explained in diploma in petroleum technology.
It has also been said that the past is history and the future is a mystery... our greatest gift is the present. Currently natural gas is beginning to fall into favor among elites and pundits alike as I am receiving a greater number of articles every day from government and industry experts who are beginning to realize that our access to cheap and easy oil is going the way of the Model T. Of course, as we have laboriously detailed for many years on our website, this is old news for those of us in the know.
The Cantarell Field in Mexico, the largest single discovery of oil and natural gas in North American history (far exceeding Alaska's Prudoe Bay) is now reportedly on a 25%+ decline curve as this aging elephant field of energy labors through its declining breaths of production. Some whisper that we may soon begin to see the last vestiges of crude oil. Some more details of diploma in petroleum technology are as under.
Replace it with Brazil's new oil discovery, called the Tupi field, you say? As we have indicated, the world is not running out of oil, it is running out of cheap, easily accessible oil, and the Tupi field is a great example. Located 15,000 feet beneath the ocean surface, this field of oil does not even have the production architecture yet available to bring the crude to market. The Brazilians need to develop a massive series of cooling loops in order to extract crude oil at ultra-high temperatures, from deep in the earth, into a production facility without eviscerating rubber seals, gaskets, collars and pipelines. Let's just say we have a ways to go with these new discoveries. It is obvious that production will be very expensive. TSK Training for Skills and Knowledge is the best institute in Rawalpindi Islamabad for Pakistani Students who wants to join diploma in petroleum engineering.
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