[en] The relationships between gas and liquid hydrocarbon fuels are interesting.Gas can be and being used to boost oil production and recovery factors in oil fields. This is proper use of gas. Gas displaces oil as a fuel in energy markets but yields a low net back. If all gas and oil producers formed a single cartel they will produce oil first and delay gas. But they are not. As a result the drive for gas harms oil and there is therefore an opportunity cost which gas producers who, in many instances, are also oil exporters, should consider. The economics of gas often depend on the condensates. In some instance gas is the economics by-product of condensates and not the other way round. Thus more gas means also more oil supplies in international markets

[en] The LNG plant consumers a lot of power of natural gas cooling and liquefaction. In some LNG plant location, a rapid growth of electric power demand is expected due to the modernization of area and/or the country. The electric power demand will have a peak in day time and low consumption in night time, while the power demand of the LNG plant is almost constant due to its nature. Combining the LNG plant with power plant will contribute an improvement the thermal efficiency of the power plant by keeping higher average load of the power plant, which will lead to a reduction of electrical power generation cost. The sweet fuel gas to the power plant can be extracted from the LNG plant, which will be favorable from view point of clean air of the area. (Author). 5 figs

[en] Korea s natural gas demand has increase enormously since 1986. Natural gas demand in Korea will approach to 29 million tonnes by the year 2010, from little over 9 million tonnes in 1996. This rapid expansion of natural gas demand is largely due to regulations for environmental protection by the government as well as consumers preference to natural gas over other sources of energy. Especially industrial use of gas will expand faster than other use of gas, although it will not be as high as that in European and North America countries. To meet the enormous increase in demand, Korean government and Korea Gas Corporation (KOGAS) are undertaking expansion of capacities of natural gas supply facilities, and are seeking diversification of import sources, including participation in major gas projects, to secure the import sources on more reliable grounds. (Author). 5 tabs

[en] Economic estimation of methods of gas condensate deposit mining was performed according to criteria of market economy. Determination of indices of cash assets and profitability norms is given

[en] The underlying need for additional supplies of natural gas, both and pipeline and LNG , will be continue to expand in the Asia Pacific region. Spurred by expected development of LNG markets in Thailand,India,and coastal China, the demand for LNG could more than double by 2010. To meet the LNG needs of the future, numerous LNG grass roots and expansion projects are underway or firmly planned. Collectively , these projects could supply nearly million tonnes of additional LNG by 2005-2010. If new geographical markets can not be developed (for whatever reasons) during this time frame, however, some currently planned projects could falter or be under utilized. (Author) 3 figs

[en] Abu Dhabi is ranked in the industry journals in the top 5 in the world tables of both oil and gas reserves. Gas is produced both Onshore and Offshore from associated and non-associated fields. Production has tripped during the last ten years and will increase further in the next few years as a result of current and planned investment. Development of Abu Dhabi's gas resources is aimed at enhancing oil production and recovery, meeting local and export demand and eliminating waste. Companies in Abu Dhabi are involved in all the main sectors of gas industry including production, processing, transportation and sales. The first large LNG export project by sea in Arabian Gulf was established in 1977 from Abu to Japan. Development continues and the gas is exported as LNG and is also processed into LPG and Pentane Plus for export. Japan remains the main market. The volume of Condensate available for export and processing will increase significantly in the next few years. In order to ensure a continuing and increasing supply of gas to world markets, in future years, prices will need to provide an adequate return on investment and should also reflect the environmental advantages of gas. 9 tabs

[en] It is shown that reserves to production ratio, R/P, which optimizes development and maximizes present value, can be estimated using an equation containing the four variables of well initial production; rate, well costs, netback prices and discount rate. A sensitivity analysis of the optimization equation indicates that well costs and well productivity have the most influence on the optimum R/P. Improvements in technology beneficially affect well productivity and reduce costs, hence reducing capital requirements and producing an economic incentive to produce at low R/Ps. The influence of gas prices is considered less significant, but the expected increases in gas prices in the Western Canadian Sedimentary Basin will also act an an incentive to produce at low R/Ps. Recent gas discoveries in the Basin have been single well pools with high productivity and limited areal extent, which produce at low R/Ps. Continuation of this trend will cause further decrease in R/Ps. While this study assumed maximizing present value as the most likely objective, it is possible that regulators and producers have other objectives. It would be reasonable to expect that these alternative objectives will also favour producing at high rates and at low R/Ps. 2 tabs., 13 figs

[en] This paper reviews the distribution of gas reserves both worldwide and the Middle East. As more gas is produced in ^difficult^environments, either at long distances from markets or from more complex reservoirs there is a need to curtail costs by improving exploration success, reducing well costs and by increasing the reserves produced per well. Continuing advances in technology can make a major impact in achieving these goals. Historically, the innovative use of technology has resulted in significant increases in the value of oil and gas developments. (Author). 5 fig

[en] This article focuses on the development of the Malampaya-Camagao gasfield by the joint owners Shell Philippines and Occidental Philippines. The signing of a memoranda of understanding for the sale of the gas, negotiations on gas prices, development concepts, production options, the routing of an offshore pipeline, and planned construction are discussed. (UK)

[en] A probabilistic sampling without replacement model is described that represent the process of exploration for oil and gas. Until now, very lengthy simulations have been required to use this model to forecast the value and the standard deviation of the volume of discoveries due to a given exploratory effort. The paper describes the model and its use (example of canadian sites), and discusses a very rapid, but surprisingly accurate approximation for such forecasts