EconPapers    
Economics at your fingertips  
 

Natural Gas Hydrate as a Storage Mechanism for Safe, Sustainable and Economical Production from Offshore Petroleum Reserves

Michael T. Kezirian and S. Leigh Phoenix
Additional contact information
Michael T. Kezirian: Century Fathom, Los Angeles, CA 90089, USA
S. Leigh Phoenix: Century Fathom, Los Angeles, CA 90089, USA

Energies, 2017, vol. 10, issue 6, 1-8

Abstract: Century Fathom presents an innovative process to utilize clathrate hydrates for the production, storage and transportation of natural gas from off-shore energy reserves in deep ocean environments. The production scheme was developed by considering the preferred state of natural gas in the deep ocean and addressing the hazards associated with conventional techniques to transport natural gas. It also is designed to mitigate the significant shipping cost inherent with all methods. The resulting proposed scheme restrains transport in the hydrate form to the ocean and does not attempt to supply energy to the residential consumer. Instead; the target recipients are industrial operations. The resulting operational concept is intrinsically safer by design; environmentally sustainable and significantly cost-effective compared with currently proposed schemes for the use of natural gas hydrates and has the potential to be the optimal solution for new production of reserves; depending on the distance to shore and capacity of the petroleum reserve. A potential additional benefit is the byproduct of desalinated water.

Keywords: methane hydrate; natural gas hydrate; gas transport; self-preservation; liquefied natural gas; compressed natural gas; pipeline; risk analysis; safety (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://www.mdpi.com/1996-1073/10/6/828/pdf (application/pdf)
https://www.mdpi.com/1996-1073/10/6/828/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:10:y:2017:i:6:p:828-:d:102034

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-03-24
Handle: RePEc:gam:jeners:v:10:y:2017:i:6:p:828-:d:102034