• Upstream
  • Pipelines & Transport
  • Downstream
Oil&Gas Advancement
  • Home
  • News

    Offshore Gas Field Nod From The US To Trinidad And Tobago

    Uganda Begins First Oil Drilling Project Under $10bn Scheme

    Dutch government invites Shell, Exxon to join $2.6B subsea carbon storage plan

    TechnipFMC awarded $250 million subsea service contract offshore Brazil

    Sinopec creates record by drilling 8,725 meters deep oil, gas field

    Uganda expects oil production by 2025 with new drilling activity

    Trillion Energy to increase gas production at SASB gas field with three new side-track wells

    Total-Eni partnership in offshore gas drilling

    PETRONAS awards three production sharing contracts offshore Malaysia

    Perenco Brazil’s FSO ‘sets sail to Pargo Cluster offshore Brazil

    Eni Ghana launches Business and Market Fair in Sanzule, Western Region

    Eni to invest $8 billion in two Libyan natural gas fields

    Norway Plans To Offer Record 92 Oil & Gas Exploration Units

  • Projects
    UN Condemns Energy Giants For Ignoring Science of All Things

    Global oil and gas projects pipeline at US$4 trn

    BP begins gas production at West Nile Delta project

    BP begins gas production at West Nile Delta project

    Bechtel and Cheniere Deliver LNG Ahead of Schedule on US Gulf Coast

    Bechtel and Cheniere Deliver LNG Ahead of Schedule on US Gulf Coast

    ABB wins $79m order for Bab onshore project in Abu Dhabi

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    BHP successful in bids for blocks in the offshore Orphan Basin in Eastern Canada

    Operational excellence and safety continue to be a key driver in oil and gas sector

    Gazprom plans to carry forward cost efficient in 2018

    TGS announces new seismic project in the Anadarko basin

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases

    chevron invests in carbon capture and removal technology company, svante

    bp looks to further developments at Tangguh with PSC extension

    Falcon Oil & Gas completes successful drilling operations in Australia

    N’GENIUS solution on the horizon for oil, gas and LNG industry

    QatarEnergy, GE to develop carbon capture roadmap

    QatarEnergy, GE to develop carbon capture roadmap

    Equinor Energy

    Transocean secures offshore drilling rig contract from Wintershall and OMV

    offshore contract by Al Yasat Petroleum

    INEOS and partners approved to develop Solsort field offshore Denmark

    TechnipFMC awarded significant subsea contract for Shell’s North Sea development

    Petronas hires Maersk semi-submersible for Suriname exploration

    PETRONAS Announces New Gas Discovery in Central Luconia Province, Offshore Malaysia

  • Market Reports

    Matador Resources acquires Delaware basin assets for $1.6 billion

    Funding For Oil And Gas Industry Is Evolving Dramatically

    Marathon Oil Completes Eagle Ford Acquisition

    Neptune Energy producing natural gas from Merakes project in Indonesia

    Fresh Gas Supply Need Is Created By Australian Energy Crisis

    Chevron Announces $15 Billion Capital and Exploratory Budget for 2022

    Chevron Announces $15 Billion Capital and Exploratory Budget for 2022

    Aramco announces second quarter and half-year 2021 results

    Aramco announces second quarter and half-year 2021 results

    Empire Petroleum buys US oil and gas assets from ExxonMobil

    Empire Petroleum buys US oil and gas assets from ExxonMobil

    CNOOC Limited Announces Key Operational Statistics for Q1 2020

    Aramco announces second quarter and half-year 2020 results

    bp agrees to sell its petrochemicals business to INEOS

    bp agrees to sell its petrochemicals business to INEOS

  • Events
  • Contact Us
No Result
View All Result
  • Home
  • News

    Offshore Gas Field Nod From The US To Trinidad And Tobago

    Uganda Begins First Oil Drilling Project Under $10bn Scheme

    Dutch government invites Shell, Exxon to join $2.6B subsea carbon storage plan

    TechnipFMC awarded $250 million subsea service contract offshore Brazil

    Sinopec creates record by drilling 8,725 meters deep oil, gas field

    Uganda expects oil production by 2025 with new drilling activity

    Trillion Energy to increase gas production at SASB gas field with three new side-track wells

    Total-Eni partnership in offshore gas drilling

    PETRONAS awards three production sharing contracts offshore Malaysia

    Perenco Brazil’s FSO ‘sets sail to Pargo Cluster offshore Brazil

    Eni Ghana launches Business and Market Fair in Sanzule, Western Region

    Eni to invest $8 billion in two Libyan natural gas fields

    Norway Plans To Offer Record 92 Oil & Gas Exploration Units

  • Projects
    UN Condemns Energy Giants For Ignoring Science of All Things

    Global oil and gas projects pipeline at US$4 trn

    BP begins gas production at West Nile Delta project

    BP begins gas production at West Nile Delta project

    Bechtel and Cheniere Deliver LNG Ahead of Schedule on US Gulf Coast

    Bechtel and Cheniere Deliver LNG Ahead of Schedule on US Gulf Coast

    ABB wins $79m order for Bab onshore project in Abu Dhabi

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    Phillips 66 and Bridger Pipeline LLC Announce Open Season for Rockies and Bakken Crude Oil Pipeline System

    BHP successful in bids for blocks in the offshore Orphan Basin in Eastern Canada

    Operational excellence and safety continue to be a key driver in oil and gas sector

    Gazprom plans to carry forward cost efficient in 2018

    TGS announces new seismic project in the Anadarko basin

  • Whitepapers

    OGA 2017 Post Show Report

    US Polyethylene Export Market Report 2017-2020

    US Polyethylene Export Market Report 2017-2020

    Embedded SSD Flash Management

    Enterprise SSD: More Than Just a New Kind of Hard Drive

    Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

    Don’t Miss the Unconventional Resource Revolution’s Next Wave

    Better Safety, Better Business: Maintain Compliance and Drive Revenue: Put All of Your Data to Work

    Breaking the Application Barrier: Why Data is the Most Valuable Asset in the Oil and Gas Industry

    Drilling Optimization Through Advanced Analytics Using Historical and Real-Time Data

  • Press Releases

    chevron invests in carbon capture and removal technology company, svante

    bp looks to further developments at Tangguh with PSC extension

    Falcon Oil & Gas completes successful drilling operations in Australia

    N’GENIUS solution on the horizon for oil, gas and LNG industry

    QatarEnergy, GE to develop carbon capture roadmap

    QatarEnergy, GE to develop carbon capture roadmap

    Equinor Energy

    Transocean secures offshore drilling rig contract from Wintershall and OMV

    offshore contract by Al Yasat Petroleum

    INEOS and partners approved to develop Solsort field offshore Denmark

    TechnipFMC awarded significant subsea contract for Shell’s North Sea development

    Petronas hires Maersk semi-submersible for Suriname exploration

    PETRONAS Announces New Gas Discovery in Central Luconia Province, Offshore Malaysia

  • Market Reports

    Matador Resources acquires Delaware basin assets for $1.6 billion

    Funding For Oil And Gas Industry Is Evolving Dramatically

    Marathon Oil Completes Eagle Ford Acquisition

    Neptune Energy producing natural gas from Merakes project in Indonesia

    Fresh Gas Supply Need Is Created By Australian Energy Crisis

    Chevron Announces $15 Billion Capital and Exploratory Budget for 2022

    Chevron Announces $15 Billion Capital and Exploratory Budget for 2022

    Aramco announces second quarter and half-year 2021 results

    Aramco announces second quarter and half-year 2021 results

    Empire Petroleum buys US oil and gas assets from ExxonMobil

    Empire Petroleum buys US oil and gas assets from ExxonMobil

    CNOOC Limited Announces Key Operational Statistics for Q1 2020

    Aramco announces second quarter and half-year 2020 results

    bp agrees to sell its petrochemicals business to INEOS

    bp agrees to sell its petrochemicals business to INEOS

  • Events
  • Contact Us
No Result
View All Result
Oil&Gas Advancement
No Result
View All Result
Home Pipelines & Transport

Alaska Gas Pipeline, USA, United States of America

Yuvraj_ong by Yuvraj_ong
November 14, 2015
in Pipelines & Transport, Projects
0

As crude oil prices rise, the price of natural gas follows and gas resources start to become more economically viable. In Alaska, crude oil production from Prudhoe Bay is now in decline so gas could take over.

Alaska is a gas-rich state, but the problem has always been how to retrieve the gas and deliver it to the customer at an economic price. A project that has long been held in abeyance is the Alaska Gas Pipeline, which has been resurrected since its first inception and appears to be heading towards construction, despite estimated costs of around $30bn.

The project is controlled by the Alaska Governor’s office, the Alaska Gasline Port Authority and the Alaska Natural Gasline Development Authority.

Alaska Gas Pipeline project

“Alaska is a gas-rich state, but the problem has always been how to retrieve and deliver it to the customer economically.”

The basic project involves the construction of a gas pipeline to transport natural gas from the large Alaska North Slope reserves to the lower 48 states.

The known natural gas reserves available in the North Slope are estimated to be around 35 trillion cubic feet (currently this is being left dormant or being reinjected into oil fields). There are expected to be many times more as yet undiscovered reserves of gas in Alaska’s North Slope – the known reserves would only give 18 months’ supply to the US at current rates of consumption.

The pipeline and associated facilities required around nine to ten years to construct and the timeline for finishing the project was tentatively placed at 2017-18, at which point four billion cubic feet of gas would be transported a day. It was estimated that the pre-construction work required the securing of over 1,000 permits from local, state and federal authorities in both the US and Canada.

The engineering and construction would have seen a 2,000-mile pipeline built stretching from the North Slope in Alaska to the Canadian Province of Alberta, and then later a possible 1,500-mile extension to Chicago (the trans-Alaskan pipeline for crude oil is only 800-miles long and there would be at least five Alaskan take-off points).

The estimated cost of the project was around $20bn in 2001, but the rising cost of steel, other materials and labour could inflate the final cost. The State of Alaska has said that it will provide assistance in funding the project although would expect the majority of funding from the oil / gas companies involved (the state has offered $500m but this has been turned down by the project participants as it would introduce delays).

The gas from Alaska is needed to feed North American gas consumption, which rose by 6.2% in 2007 to a record high of 23 trillion cubic feet (the 2006 figure was 21.7 trillion cubic feet).

Project details

BP and Conoco Phillips (which both own North Slope gas reserves) spent three years and $165m working on support for the project (Denali Project). In May 2011, however, they decided to scrap the project due to poor customer demand.

The pipeline and associated facilities required around nine to ten years to construct, and the timeline for finishing the project was tentatively placed at 2017-18, at which point four billion cubic feet of gas would be transported a day. It was estimated that the pre-construction work required the securing of over 1,000 permits from local, state and federal authorities in both the US and Canada.

The engineering and construction would have seen a 2,000-mile pipeline built stretching from the North Slope in Alaska to the Canadian Province of Alberta and then later a possible 1,500-mile extension to Chicago (the trans-Alaskan pipeline for crude oil is only 800 miles long and there would be at least five Alaskan take-off points).

TransCanada proposal

As well as the pipeline proposed by BP Conoco Phillips, the TransCanada and ExxonMobil joint venture also put forward a project proposal, which was accepted by the Governor of Alaska in 2009. This project would require an investment of $32bn-41bn to build a pipeline from Prudhoe Bay to Alberta.

The planning, which cost around $625m (state money), started in 2009 and construction, if all goes well, is expected to be completed by 2021. The project currently only includes the pipeline and no gas processing plant. In addition, TransCanada does not actually own any gas reserves on the North Slope as these are under the control of ExxonMobil, BP and Conoco Phillips.

The initial open season was completed between May and July 2010. FERC filing is expected to be completed by October 2012. EPC work is expected to begin in 2014 and the project sanction is expected in mid-2015. First gas is expected by mid-2020 and full gas by mid-2021

“In Alaska crude oil production from Prudhoe Bay is now in such decline that gas could soon take over.”

It is possible that TransCanada and the other consortium could merge their projects and build the pipeline together in cooperation. TransCanada do have two pieces of legislation in their favour, the first being the AGIA (Alaska Gasline Inducement Act) of 2007 which could present them with a State licence and hence a subsidy (BP-Conoco have turned this down) and also the 30 year old Canadian Northern Pipeline Act which supposedly confers rights to build such a pipeline across Canadian territory (this remains to be tested).

The AGIA was bid for by Sinopec, AEnergia LLC of California and also TransCanada.

Another proposal

In a further twist, the Governor of Alaska also asked for a study to be carried out (costing $8m) to examine the possibility of bringing a bullet line (smaller pipeline) from the North Slope reserves to supply Fairbanks, Anchorage and south central Alaska with a new gas supply.

The current supply from the Cook Inlet is running out and a new supply has to be found. This would function concurrent to any other larger pipeline constructed later on. Although even for this smaller scale project the costs of construction could approach $3bn. 

Previous Post

Air Products Gulf Coast Connection Pipeline Project, United States of America

Next Post

Alaska North Slope Oil and Gas Project, United States of America

Related Posts

News

TotalEnergies to begin marketing LNG from planned Le Havre FSRU

December 29, 2022
RIO
News

NextDecade to sell Rio Grande output to Galp

December 29, 2022
News

Western Gas to backfill NWS, Pluto LNG plants

December 29, 2022
Russia Sees A Crude-By-Rail Export Boost For China And Asia
News

Russia Sees A Crude-By-Rail Export Boost For China And Asia

December 22, 2022
Grozny pipelines
News

STATS Group take on world’s largest diameter subsea pipeline intervention scope

December 8, 2022
Russian Oil Exports To China Rose 22%, Second Only To Saudi
News

Russian Oil Exports To China Rose 22%, Second Only To Saudi

October 25, 2022
Next Post

Alaska North Slope Oil and Gas Project, United States of America

Latest Post

Total-Eni partnership in offshore gas drilling
Exploration Development

PETRONAS awards three production sharing contracts offshore Malaysia

January 26, 2023
Downstream

Perenco Brazil’s FSO ‘sets sail to Pargo Cluster offshore Brazil

January 26, 2023
Eni Ghana launches Business and Market Fair in Sanzule, Western Region
Exploration Development

Eni to invest $8 billion in two Libyan natural gas fields

January 26, 2023
News

Norway Plans To Offer Record 92 Oil & Gas Exploration Units

January 25, 2023
News

No New Oil-Gas Exploration Contracts On Cards In Columbia

January 23, 2023
News

Response To UK Oil & Gas Licencing Bids Exceeds Expectations

January 21, 2023
Oil&Gas Advancement

About Us

Oil and Gas Advancement is an information centric knowledge sharing platform focused on the latest news in the B2B oil and gas sector bringing to our audiences B2B updates on upstream, downstream, pipeline and transport categories providing information on the latest projects and developments.

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack

System

  • Search
  • Site Map
  • RSS Feed
  • Upstream
  • Pipelines & Transport
  • Downstream

© 2018 Copyright Valuemediaservices 2018 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Whitepapers
  • Press Releases
  • Market Reports
  • Events
  • Contact Us

© 2018 Copyright Valuemediaservices 2018 All rights reserved.