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Gas storage facilities are gaining more importance due to changes in natural gas demands. First, traditional supplies that once met the winter peak demand are now unable to keep pace. Second, there is a growing summer peak demand on natural gas, due to electric generation via gas fired power plants .
The California Public Utilities Commission (CPUC) has set a natural gas peak demand target of 4,121 million cubic feet per day, marking the threshold at which Southern California can meet demand ...
The Honor Rancho Oil Field (also Honor Rancho Natural Gas Storage Field, Honor Rancho Underground Storage Facility) is an approximately 600-acre oil field and natural gas storage facility in Los Angeles County, California, on the northern border of the Valencia neighborhood of Santa Clarita, near the junction of Interstate 5 and westbound California State Route 126.
Most gas storage is in depleted gas or oil fields, with the second largest storage capacity being in aquifers, and the smallest in salt caverns. Depleted gas or oil fields are the cheapest to commission, as they take advantage of existing wells, internal distribution systems, and pipeline connections. They are also widely available. [4]
The We Energies liquefied natural gas storage tank is nearing completion in Ixonia on Friday, Dec. 15, 2023. It’s one of two giant liquid natural gas storage tanks that are going online this ...
At 2.768 trillion cubic feet, current natural gas inventories are 18.3% under the five-year average and 20% below the year-ago figure. Natural Gas Storage Deficit to 5-Year Average Widens Further ...
The La Goleta Gas Field (also known as the Goleta Gas Field and La Goleta Storage Field) is a natural gas field in unincorporated Santa Barbara County, California, adjacent to the city of Goleta. Discovered in 1929, and first put into production in 1932, it has been in continuous use ever since, producing approximately 12 billion cubic feet of ...
At 2.722 trillion cubic feet, current natural gas inventories are 17.7% under the five-year average and 19.8% below the year-ago figure.