Materials from Professor G. L. Kulcinski and 2012 BP Energy Outlook to 2030 Report.

Slides:



Advertisements
Similar presentations
Possible Effects of Hydraulic Fracturing and Shale Gas Development in Durham County Zheng Lu.
Advertisements

Shale Gas: Manageable Gamechanger Ronald Bailey May, 25, 2011 American Enterprise Institute.
Clear Thinking on Nuclear: Hydrogen fuel 1.Demand for hydrogen is large and rapidly increasing 2.Cost effective with no gas emissions that pollute the.
International Association of Oil and Gas Producers Oil and Gas Security of Supply for Europe Athens, 3 rd November, 2005.
All Fracked Up Kyle Hicks, Matt Gnegy, Robert Simmons and Christopher Coppock.
Maybe Limits to Growth But no Limits to Progress Presentation mr. Rein Willems President Shell Nederland B.V. RIVM Congress “LIMITS TO GROWTH?” Friday.
In 2008, oil companies began using the new drilling technology called hydraulic fracturing, or fracking, to tap into the estimated 170 billion barrels.
Richard Harth, Megan Gershey, Rosalie Morgans, Nisarg Joshi and Joshua Olzinski.
Resource and Energy.
Nonrenewable Energy Oil & Petroleum. Nonrenewable vs. Renewable? nonrenewablerenewableWhat is the difference between nonrenewable and renewable? net energyWhat.
Fracking 101 Gordon J. Aubrecht, II Sustainable Delaware, Earth Day, 22 April 2012.
Unconventional Natural Gas By Adrian Casaday, Caroline Dykes, Alyssa Hooks, & Marnee Kirkpatrick.
Myths And Facts About Fracking March Hydraulic Fracturing aka “Fracking” Hydraulic fracturing is the use of water (98.5%), sand (1%) and chemicals.
1. © 2013 Petroch Services Pty Ltd BP Version J11002– Occupational Hygiene in the Oil & Gas Industry Occupational Hygiene in the Oil & Gas Industry Day.
FRACKING, FLOCCING, AND FRACK-SAND MINING Kelvin S. Rodolfo, Professor Emeritus Department of Earth & Environmental Science University of Illinois at Chicago.
32.4 Environmental Activism How did the United States balance preserving the environment and continued industrial growth? What are the some of the current.
Matthew Koch Institute for 21st Century Energy U.S. Chamber of Commerce
Please get out your tree thinking map for a stamp, then RTB. What the frack? Yo – Read the Board!
A Quick Review chapter 15. Oil supplies 1/3 of the world’s energy. Saudia Arabia has the most oil reserves In US, oil supplies 39% of our energy. Fig.
T HE H ALLIBURTON L OOPHOLE Team SALL-Z. F RACKING (Noun) the process of injecting liquid at high pressure into subterranean rocks, boreholes, etc, so.
Fracking 101. Fracking is a debated environmental and political issue. Industry’s insist it is a safe and economical source of clean energy; critics,
Chapter 19 Economics of Energy, the Environment, and Global Climate Change McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights.
McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 21 The Economics of Energy, The Environment, and Global.
Torey VanSickle,Aaron Koch Travis Day, Sam Mwangi.
Potential of Extraction of Shale Gas in Germany in the Context of Mining Law Scientific support to energy security in the Baltic Sea Region.
HYDRAULIC FRACTURING (FRACKING) AND OFFSHORE DRILLING IN FLAGLER COUNTY CITY COUNCIL WORKSHOP JUNE 9, 2015.
Fossil Fuels Chapter 19.
Hydraulic Fracturing or “Fracking”. Natural Gas: Clean Energy? Natural gas power plants produce: half as much CO 2 (greenhouse gas) less than a third.
Hydraulic Fracturing Beau Greiner. Natural Gas The term “natural gas” generally refers to methane gas It is advertised as a “clean” fossil fuel The use.
Natural Gas Drilling in PA Edwina Cunningham-Hill Emanuel Sachse Claire Noone.
To Frack or not to Frack, That is the Question Fred Aminzadeh Executive Director, USC Induced Seismicity Consortium (ISC) Science Matters California Science.
Part Four, Issue 7 Oil and Natural Gas.
DEVE LOPING A SUCCESSFUL GEOTHERMAL INDUSTRY IN INDONESIA, CHARTING THE WAY TO A GREEN ENERGY ECONOMY THROUGH FISCAL POLICY REFORMS ( ROLE FOR MINISTRY.
AIM: What is fracking? Why is fracking such a controversial topic? DN: What do you know about fracking?
How much oil is really in the bakken Formation. Bakken Formation So I am going to tell you what I know about how much oil really is in the big “Bakken.
Hydraulic Fracturing or ‘Fracking’. Background The purpose of fracking is to increase the amount of mineral that can be mined from an ore body. The ‘frack’
Mai, Layla, Emily. Natural gas drilling uses a process called ‘hydraulic fracturing’ or “fracking”, which pumps millions of gallons of water into the.
Robert Bryce.  George Mitchell: Texas energy baron  1997 discovered hydraulic fracturing ▪ Hydraulic fracturing, or “fracking,” (a drilling process.
Please go get your interactive notebook. Laptops NOT needed today. Look at this!
Hydraulic fracturing, or fracking, is an innovative and cost-saving process for drilling oil and gas from rock formations far underground, and is a booming.
NS4054 Fall Term 2015 Handbook of Oil Politics Paul Sullivan – Oil Supply.
Natural Gas Drilling in PA Edwina Cunningham-Hill Emanuel Sachse Claire Noone.
With information from Jacob Friedman.  Hydraulic Fracturing AKA Hydrofracking  High-pressure water mixed with chemicals and sand are injected into wells.
Warmup What are three methods to stabilize shorelines?
The Fracturing Responsibility and Awareness of Chemicals (FRAC) Act proposes to include hydraulic fracturing as an activity regulated under the Safe Drinking.
Energy and the Environment. Background Americans only make up 5% of world’s population but consume 20% of its energy Americans only make up 5% of world’s.
HYDRAULIC FRACTURING (FRACKING) AND OFFSHORE DRILLING / EXPLORATION UPDATE CITY COUNCIL WORKSHOP FEBRUARY 9, 2016.
Non-Renewable Energy Oil, Gas, and Coal
Fracking 101. What is fracking? This is short for “hydrofracturing.” This is an old technique for increasing oil production from worked-out oil wells,
Fossil Fuels. Match Dominant Primary (Left) with Energy Uses (Right) oil-based fuels natural gas coal nuclear power transportation industrial processes.
The key to Peak Oil Production of Oil versus Discovery.
 BASIC TERMS AND CONCEPTS (1) Petroleum: refers to crude oil and natural gas or simply oil and gas. (2) Crude oil: refers to hydrocarbon mixtures produced.
Developing U.S. Shale Gas and Oil Resources: Problems and Prospects for the Next Decade Peter D. Blair, Executive Director NRC Division on Engineering.
Hydraulic Fracturing (Fracking)
Let your voice be heard! Presentation by Sean Mullin Legislative Aide Delegate Shane Robinson District 39.
A quick guide to fracking
Hydraulic Fracturing: FRACKING. Steps: The well is drilled deep below the aquifer to the shale, then drilling continues horizontally Charges are set.
VACCINES: HISTORY, ARGUMENTS, AND SCHOOL POLICY. Looking out for #1 Somewhere over the rainbow Put two and two together.
Introduction to fracking and implications for Northwest GA MADDIE BESS, BERRY COLLEGE GEOLOGY STUDENT AND SYNOVUS SCHOLAR ADVISED BY DR. TAMIE J JOVANELLY,
THREE METHODS OF OBTAINING FUEL FROM THE EARTH 1)HARVESTING- PEAT, WOOD, CORN, SUGARCANE ARE USED FOR BIOMASS ENERGY GENERATION ARE USED FOR BIOMASS ENERGY.
NS4054 Spring Term 2017 Handbook of Oil Politics Paul Sullivan – Oil Supply Federal Reserve Bank of Chicago, Strong Dollar Weak Dollar.
To the: Waterway Commission
Day 2: Natural Gas and Oil
“There’s a problem? Says who?”
Petroleum and Natural gas
Formation of Oil.
Where do you think most bottled water comes from in the United States?
Hydraulic Fracturing in the Barnett Shale
Section 4- Environmental Movement
Presentation transcript:

Materials from Professor G. L. Kulcinski and 2012 BP Energy Outlook to 2030 Report

The IEA/OECD define one toe to be equal to GJ [1] other definitions of toe, for example:IEAOECDGJ [1] 1 toe = 42 GJ 1 toe = 7.11, 7.33, or 7.4 barrel of oil equivalent (boe)barrel of oil equivalent

2.5 bill toe/yr 10 bill toe/yr

Growth Rate of Energy Demand is Slowing but quantity going UP

Growth Rate of Energy Demand is Slowing Growth mainly in LDCs, Fossil Fuels decline to 81%

Growth Rate of Energy Demand is Slowing Slowing Growth of Fossil Fuels

LWR – Light Water Reactor current type see LMFBR – Breeder Reactor, creates additional fuel see Maximim Fossil Fuel Supply from all sources

Recoverable Fossil Fuel estimated at only half of total supply need Nuke power to make up rest

Visions of the Future Peak Oil Production is here/near? OR Fossil fuels will persist for a century?

See your reading regarding Peaking of Oil

Although Natural Gas reserves are currently climbing due to “Fracking”

Until Modern Fracking

Has the United States beaten peak oil? Not so fast. Washington Post Posted by Brad Plumerat 02:27 PM ET, 02/17/2012Brad Plumer

Hydraulic fracturing …with the spelling "fracking" being common in media reports [3] ) is a process that results in the creation of fractures in rocks. [3] The most important industrial use is in stimulating oil and gas wells, where hydraulic fracturing has been used for over 60 years in more than one million wells. [citation needed] The fracturing is done from a wellbore drilled into reservoir rock formations to increase the rate and ultimate recovery of oil and natural gas.oilgascitation neededwellborenatural gas Some environmental and human health concerns possibly associated with hydraulic fracturing include the contamination of ground water, risks to air quality, the migration of gases and hydraulic fracturing chemicals to the surface, and the potential mishandling of waste.ground waterair quality In April 2010 the state of Pennsylvania banned Cabot Oil & Gas Corp. from further drilling in the entire state until it plugs wells believed to be the source of contamination of the drinking water of 14 homes in Dimock Township PA. The investigation was initiated after a water well exploded on New Year's Day in The state investigation revealed that Cabot Oil & Gas Company "had allowed combustible gas to escape into the region's groundwater supplies." [19]Cabot OilDimock Township PA [19]

The key to Peak Oil Production of Oil versus Discovery

Peak oil production in past World map of Peak Oil Production

World Map as 3d rendition

To Peak Oil People there is a General rule of thumb that there is a 30 to 40 year relationship between peaking of discoveries and a peaking of production.

MICHAEL LYNCH: Actually, I think the problem here is that Julian and a lot of the people making these arguments are not that familiar with the technical terms in the oil industry. The estimates that there's about two trillion barrels of oil resource are actually done by some very simplistic models, which have not always failed, but almost always failed on both the national and a global level. The oil conventional oil resource base, the oil in place, is about eight to ten trillion barrels. And right now, most estimates are that about 40% of that will be recovered, in other words, about three, three-and-a-half trillion. But the amount we'll recover will grow over time. So we're not -- we're really not even close to halfway through the conventional oil resource base. Michael Lynch, President of Strategic Energy & Economic Research. Previously, Michael was Director of Asian Energy and Security, at the Center for International Studies, M.I.T., as well as a Lecturer in the Diplomatic Training Program at the Fletcher School of Law and Diplomacy at Tufts University. April 28, Key question is what is the lag between discoveries and eventual peaking?

At the moment Norway Production is in decline See reserve peak for details

Have we seen “Peaking” discussion before where it didn’t occur? Lord Kelvin 1881

So, how much oil is there? CNN: Global oil reserves