The aim of this project is to economically analyze Coal Bed Methane (CBM) development in Nigeria. This will offer an opportunity to use gas from the Nation huge coal reserves for domestic and exportation purposes to boost the economy of Nigeria. CBM can be used to generate power as well as manufacture alternative products. The profitability of coal bed methane (CBM) project depends on factors such as seam thickness, gas content, methane content, coal rank and permeability. Its economics are influenced by other variables, such as fiscal policy, depth of coal seam, volume of water disposal, access to market and price of gas. Potential and existing sites for coal bed methane extraction in Nigeria were identified. Kim’s equation was used to estimate the gas content. The gas-in-place was derived with Volumetric method. Methane quantification was estimated using Eddy curve. It is observed that the ultimate reserves, the capital costs, and the gas price have significant effect on the net present value (NPV) and internal rate of returns (IRR) and thus the economic viability of the project. Economic analysis of LNG and Pipeline projects for gas transmission were comparatively examined. It is observed that the gas price and demand at the market hub depend largely on the mode of transmission.
The aim of this project is to economically analyze Coal Bed Methane (CBM) development in Nigeria. This will offer an opportunity to use gas from the Nation huge coal reserves for domestic and exportation purposes to boost the economy of Nigeria. CBM can be used to generate power as well as manufacture alternative products. The profitability of coal bed methane (CBM) project depends on factors such as seam thickness, gas content, methane content, coal rank and permeability. Its economics are influenced by other variables, such as fiscal policy, depth of coal seam, volume of water disposal, access to market and price of gas. Potential and existing sites for coal bed methane extraction in Nigeria were identified. Kim’s equation was used to estimate the gas content. The gas-in-place was derived with Volumetric method. Methane quantification was estimated using Eddy curve. It is observed that the ultimate reserves, the capital costs, and the gas price have significant effect on the net present value (NPV) and internal rate of returns (IRR) and thus the economic viability of the project. Economic analysis of LNG and Pipeline projects for gas transmission were comparatively examined. It is observed that the gas price and demand at the market hub depend largely on the mode of transmission.
The aim of this study is to analyse the detection of fluid leaks and measures that can ensure safe operation of the gas processing facilities. This will mitigate the operational, environmental and financial risks associated with gas processing activities. The study used Hydrostatic Pressure test to analyse newly manufactured pressure systems. Existing pressure systems were also pressure tested. The analysis directly surveyed, identified and quantified the leaks. Data from previous leaks were also investigated to identify the components that are most likely to leak and profitable to repair. The experimental analysis showed that a larger percentage of gas emissions are from smaller irregular cuts in components such as Pipelines, Valves, Heat Exchangers, Connectors, Compressor seals, Open-ended lines, Flanges, Crankcase vents, Pressure relief devices, and Pump seals. Index Terms— Leaks; Pressure test; Detection; Data; Gas Emission.
The aim of this study is to analyse the detection of fluid leaks and measures that can ensure safe operation of the gas processing facilities. This will mitigate the operational, environmental and financial risks associated with gas processing activities. The study used Hydrostatic Pressure test to analyse newly manufactured pressure systems. Existing pressure systems were also pressure tested. The analysis directly surveyed, identified and quantified the leaks. Data from previous leaks were also investigated to identify the components that are most likely to leak and profitable to repair. The experimental analysis showed that a larger percentage of gas emissions are from smaller irregular cuts in components such as Pipelines, Valves, Heat Exchangers, Connectors, Compressor seals, Open-ended lines, Flanges, Crankcase vents, Pressure relief devices, and Pump seals. Index Terms— Leaks; Pressure test; Detection; Data; Gas Emission.
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