MEMGA! Leviathan natural gas field comes online $150M under budget

By David Middleton – Re-Blogged From WUWT

MEMGA! = Making the Eastern Mediterranean Great Again!

It seems like just a few weeks ago that some nitwit was bemoaning the death of the eastern Mediterranean…

Noble Energy’s first gas from Leviathan comes in $150M under budget
HOUSTON – Noble Energy announced the commencement of natural gas production from the Leviathan field, the largest natural gas field in the Eastern Mediterranean.

David L. Stover, Noble Energy’s chairman and CEO, stated, “This is a historic day for Noble Energy. The safe and successful execution of the initial phase of Leviathan development has been world-class, continuing our exceptional track record of major project delivery. First gas is online less than three years from project sanction and capital expenditures were $150 million under budget. Combined with Tamar, our Israel assets provide a differential production profile and cash flow outlook for Noble Energy far into the future.”

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BBC: Blend 20% Hydrogen in Natural Gas to Reduce Home CO2 Emissions

By Eric Worrall – Re-Blogged From WUWT

Last time someone tried to create a Hydrogen economy – the Hindenburg Hydrogen Explosion Disaster – By Gus Pasquerella – http://www.lakehurst.navy.mil/nlweb/images/1213d.gif, Public Domain, https://commons.wikimedia.org/w/index.php?curid=632191

BBC’s Roger Harrabin and Keele University thinks it would be a great idea to pump vast quantities of hydrogen into people’s homes, to reduce CO2 emissions from gas powered appliances.

Hindenburg Hydrogen Explosion Disaster

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Marcellus/Utica Natural Gas Resource Has Nearly Doubled Since 2012

By David Middleton – Re-Blogged From WUWT

USGS Estimates 214 trillion Cubic Feet of Natural Gas in Appalachian Basin Formations

Release Date: OCTOBER 3, 2019

The Marcellus Shale and Point Pleasant-Utica Shale formations of the Appalachian Basin contain an estimated mean of 214 trillion cubic feet of undiscovered, technically recoverable continuous resources of natural gas, according to new USGS assessments.

“Watching our estimates for the Marcellus rise from 2 trillion to 84 trillion to 97 trillion in under 20 years demonstrates the effects American ingenuity and new technology can have,” said USGS Director Jim Reilly. “Knowing where these resources are located and how much exists is crucial to ensuring our nation’s energy independence.”

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The Case for Carbon Capture and Sequestration (CCS)

By David Middleton – Re-Blogged From WUWT

EPA Drilling Regulations Remain Underrated Obstacle to Solving Global Warming

Meeting the goals of the 2015 Paris Agreement to limit global warming will be impossible unless the United States leads the way.

[…]

What remains is CCS technology, which the oil and gas industry has used to enhance the recovery of oil for the past nearly 50 years. Each year, this technology already traps more than 60 million tons of carbon dioxide permanently underground, preventing it from entering the atmosphere and contributing to global temperature increases. Congress has incentivized industrial companies to invest in this kind of CCS technology through tax breaks, but companies still are running into problems. Of paramount concern is the Environmental Protection Agency’s oversight of the well-drilling that is the necessary prerequisite for storing CO2 underground.

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Norwegian Oil Pioneer: Big Oil’s Exodus Has Started

Smaller independent oil and gas producers will have more opportunities to develop resources on the Norwegian Continental Shelf (NCS) because in ten years’ time all oil majors except state-participated Equinor will have left Norway’s offshore, the head of a small Norwegian oil firm told Reuters on Tuesday.

“I don’t think we will have any majors on the Norwegian continental shelf in 10 years. Equinor will be the only one left because of the state’s ownership,” Erik Haugane, co-founder and chief executive at OKEA, told Reuters on the day on which the company’s stock started trading on the Oslo Stock Exchange, after a successful completion of an initial public offering (IPO).

No New Natural Gas Hookups in New York’s Westchester County

By Reuters – Re-Blogged From Yahoo

New York energy company Consolidated Edison Inc said on Friday it still plans to impose a moratorium on new natural gas service in parts of Westchester County after March 15 despite a $250 million plan by the state to reduce energy usage.

“The moratorium will still go into effect after March 15,” Con Edison spokesman Allan Drury said, noting the company needs to stop hooking up new gas customers to avoid compromising gas system reliability because of limited space on existing interstate pipelines into the region.

Westchester County is north of New York City.

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The State of Shale Gas and Oil in the U.S.A. Today

By Andy May – Re-Blogged From WUWT

A few news items from The Shale Gas News, by Bill desRosiers of Cabot Oil & Gas. The main paragraphs below are adapted from desRosiers, but I’ve added some detail. Things are looking very good for the U.S. oil, gas and coal industries.