Wednesday, October 31, 2018

Four Pennsylvania Counties Can Supply All the Gas Germany Needs!

Tom.jpg?resize=75%2C95Tom Shepstone
Shepstone Management Company, Inc.

Four counties in Pennsylvania—Bradford, Greene, Susquehanna and Washington—can supply all the natural gas needed by Germany. It can give Russia the Heisman.

My post the other day about the fact “Susquehanna County Produces More Than 4% of U.S.” has been quite well read.  The Department of Environmental Protection (DEP) monthly data for August on natural gas production in the Commonwealth reveals the sheer enormity of the shale revolution and how much of it is taking place in Pennsylvania.  Regular reader and guest blogger Chris Acker offers further insights.

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Chris looked over the DEP data I assembled and took it another step forward. What he found follows:

One can put things in perspective by looking up consumption by country, which is easy.  Most international stats are provided in Billion Cubic Meters (Bcm) per Year.  It is simple to convert to Billion Cubic Feet per day (Bcf)/D).  A cubic meter is about 35.3 cubic feet, and when you divide by 365 days you get nearly 0.1.  So, when you see  Bcm/Y just move the decimal over one unit to the left to get Bcf/D.  This is close enough, given the variability in consumption estimates.

As an example; China’s natural gas consumption 240 Bcf/Y is about 24 Bcf/D.

So, in Bcf/D we get the following:

China – 24 Bcf/D

Canada – 12 Bcf/D

Japan – 12 Bcf/D

Germany 9 Bcf/D

UK – 8 Bcf/D

Italy 7 Bcf/D

India – 5 Bcf/D

South Korea – 5 Bcf/D

France – 4 Bcf/D

 This allows us to make all kinds of comparisons:

  • Susquehanna County alone could supply all of France (a bit of a ringer since they have a lot of nuclear power)
  • Susquehanna County alone could supply nearly all of India or South Korea
  • Susquehanna and Washington Counties could, together, supply all of Italy or UK.
  • Pennsylvania’s top four counties (Bradford, Greene, Susquehanna and Washington) could supply all of Germany, Canada or Japan
  • The Marcellus/Utica (Appalachia Shale) region could supply all of China

Also, you can convert to Boe/D, or barrels of oil equivalent per day, using a Btu basis of 6 (or 5.8) million Btu’s per barrel of oil.  Thus, Pennsylvania gas output of 17 Bcf/D is equal to nearly 3 million barrels per day of crude oil output.  This would placePennsylvania production alone in the top tier of OPEC.  Appalachia, at 30 Bcf/D or 6 million barrels per day crude, would be second only behind our journalist-loving friends in Saudi Arabia.

By the way, we produce more natural gas Btu’s than crude, 16 MMBoE/D vs. 11 MMB/D (a record volume).

Chris is the master of detail and unofficial proofreader in chief here for NaturalGasNOW. He’s adept as it gets in explaining the unexplainable. His uncovering of the fact we could meet all of Germany’s gas needs with the shale gas output of just four little Pennsylvania counties doesn’t just speak volumes; it’s the fact with which to end discussion of the misery-producing Energiewende. It has delivered but higher electric prices and dependency on Russian gas, while doing nothing for emissions as four counties here have, not only done the opposite, but have also offered Germany the LNG alternative it now needs as a consequence of its foolishness.

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The post Four Pennsylvania Counties Can Supply All the Gas Germany Needs! appeared first on Natural Gas Now.

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