industryterm:gas production

U.S. Interior Dept. relaxes rules on offshore oil, gas production | Agricultural Commodities | Reuters
▻https://af.reuters.com/article/commoditiesNews/idAFL2N1WD1ZH

The Trump administration on Thursday eased safety rules on offshore oil and gas production put in place after the deadly 2010 BP Plc #Deepwater_Horizon disaster, as part of its effort to slash regulations and boost the energy industry.

The Interior Department revised the 2016 oil and gas production safety systems rule, part of a series of regulations the Obama administration enacted on offshore drilling and production after the drilling well disaster that killed 11 oil rig workers, led to the worst environmental disaster in U.S. history and cost BP about $65 billion.

The final rule will appear in the federal register as soon as Friday, according to a document seen by Reuters.

It eliminates or changes some safety standards for when a well is producing oil or gas, such as requiring that independent third parties certify devices. Other changes involve when operators have to notify the government about beginning oil and gas production and what they have to report about equipment failures.

Huge Chinese Demand Fuels The Next U.S. Gas Boom | OilPrice.com
▻https://oilprice.com/Energy/Natural-Gas/Huge-Chinese-Demand-Fuels-The-Next-US-Gas-Boom.html

https://d32r1sh890xpii.cloudfront.net/article/718x300/276516235f4e3fe363a020ebb7464dbe.jpg

China’s push for cleaner air and fuel is driving an unprecedented demand for natural gas, and the United States is well-positioned to seize this opportunity and export even more of its growing gas production to the thirsty nation. 

U.S. companies have plans for even more liquefied natural gas (LNG) export trains and facilities to come online in the coming years, and this winter’s surge in Chinese LNG demand and imports underpins a second wave of LNG investment in the United States, analysts and company executives believe.

#Chine #Etats-Unis #gaz #énergie

Qatar restarts development of world’s biggest gas field after 12-year freeze | Reuters
▻http://www.reuters.com/article/us-qatar-gas-idUSKBN175181

Qatar has lifted a self-imposed ban on development of the world’s biggest natural gas field, the chief executive of Qatar Petroleum said on Monday, as the world’s top LNG exporter looks to see off an expected rise in competition.

Qatar declared a moratorium in 2005 on the development of the North Field, which it shares with Iran, to give Doha time to study the impact on the reservoir from a rapid rise in output.

The vast offshore gas field, which Doha calls the North Field and Iran calls South Pars, accounts for nearly all of Qatar’s gas production and around 60 percent of its export revenue.

(...) “Iran’s gas production in South Pars can exceed Qatar’s before the end of new Iranian year (ending March 20, 2018),” Zanganeh was quoted as saying by Tasnim news agency on Thursday.

Total was the first Western energy company to sign a major deal with Tehran since the lifting of international sanctions.

Kaabi said the decision to lift the moratorium was not prompted by Iran’s plan to develop its part of the shared field.

“What we are doing today is something completely new and we will in future of course ... share information on this with them (Iran).”

White House Lies to EU about US Gas Supply | nsnbc international
▻http://nsnbc.me/2014/04/09/white-house-lies-eu-us-gas-supply

A useful summary of the shale gas illusion comes from a recent analysis of the actual results of several years of shale gas extraction in the USA by veteran energy analyst David Hughes. He notes, “Shale gas production has grown explosively to account for nearly 40 percent of US natural gas production. Nevertheless, production has been on a plateau since December 2011; eighty percent of shale gas production comes from five plays, several of which are in decline. The very high decline rates of shale gas wells require continuous inputs of capital—estimated at $42 billion per year to drill more than 7,000 wells—in order to maintain production. In comparison, the value of shale gas produced in 2012 was just $32.5 billion. ”

via ►http://www.dedefensa.org/article-_tat_path_tique_de_la_narrative_de_bho_sur_le_gaz_us_10_04_2014.h