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Natural gas extracted from oil wells is called casinghead gas (whether or not truly produced up the annulus and through a casinghead outlet) or associated gas. The natural gas industry is extracting an increasing quantity of gas from challenging, unconventional resource types: sour gas, tight gas, shale gas, and coalbed methane.
The natural gas industry in the United States goes back to 1821, when natural gas was discovered and used in Fredonia, New York. From the start, the market for natural gas was limited by pipeline technology. The gas for Fredonia, New York in 1821 was supplied through wooden pipes, which were incapable of carrying gas for long distances. [37]
[10] [11] [12] The gas was burned to evaporate brine and produce salt. By the tenth century, extensive bamboo pipelines connected gas wells with salt springs. The ancient records of China and Japan are said to contain many allusions to the use of natural gas for lighting and heating. Petroleum was known as burning water in Japan in the seventh ...
Natural gas production is booming -- so much so that some investors worry that natural gas could be the most dangerous investment in energy.I disagree, but investors must realize that the huge ...
During the 1980s and 1990s the natural gas industry faced a new series of problems. As demand for gas grew, suppliers expanded their capacity and soon a "gas bubble" developed. There was more producible gas than markets demanded. Although market analysts regularly forecast the end of the bubble as only a few years away, the bubble refused to burst.
Canada's natural gas liquids industry dates back to the discovery of wet natural gas at Turner Valley, Alberta in 1914. The gas was less important than the natural gasoline - "skunk gas" it was called, because of its distinctive odour - that early producers extracted from it.
Click to skip ahead and jump to the 5 biggest gas companies in the world. Natural gas has been gaining more popularity as an energy source because it helps the world with two major things: first ...
The US natural gas industry started in 1821 at Fredonia, Chautauqua County, New York, when William Hart dug a well to a depth of 27 feet (8.2 m) into gas-bearing shale, then drilled a borehole 43 feet (13 m) further, and piped the natural gas to a nearby inn where it was burned for illumination. Soon many gas wells were drilled in the area, and ...