Natural gas hydrate accumulations were confirmed in the Dongsha Area of the South China Sea by the Guangzhou Marine Geological Survey 2 (GMGS2) scientific drilling expedition in 2013. The drilling sites of GMGS2-01, -04, -05, -07, -08, -09, -11, -12, and -16 verified the existence of a hydrate-bearing layer. In this work gas production behavior was evaluated at GMGS2-8 by numerical simulation. ...

Hydraulic fracturing and other recent technological advances have dramatically increased the availability of natural gas in the United States. Moreover, since peaking in 2008, U.S. natural gas prices have fallen dramatically, and industry analysts are forecasting that prices will remain low for the next several decades (e.g., U.S. DOE 2013a). These trends have broad implications for energy mark...

T he optimal allocation of natural gas resources to various uses such as final and intermediate consumption, injection into oil fields, and exports can help policymakers to use this kind of resources efficiently. Empirical evidence support using hyperbolic discount rates instead of fixed discount rates in the economic literature. The purpose of this study is to maximize the social we...

In the early 2000s US gas production was in slow but steady decline despite increasing drilling activity. As US natural gas prices rose in response to the resulting tight market, the only supply-side solution appeared to lie in the development of liquefied natural gas (LNG) projects in the Middle East and Africa for importation to the North American market. Almost unnoticed in its early stages,...

This paper proposes a method based on genetic algorithm (GA) for the security-constrained 11 optimal dispatch of integrated natural gas and electricity networks, considering operating scenarios 12 in both energy systems. The mathematical formulation of the optimization problem consists of a 13 multi-objective function which aims to minimize both cost of thermal generation (diesel and natural 14...