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TECHNICAL AND ECONOMIC EVALUATION OF A MATURE GAS FIELD CONSIDERING THE CONVERSION INTO A GAS STORAGE RESERVOIR

Professor Dr.Eng. Dan-Paul Stefanescu, Eng. Diana-Andreea Lupu

First published: 2017-06-20https://doi.org/10.5593/sgem2017/14/s06.115View metrics

Abstract

The main scope of underground gas storage reservoir is to maintain a constant pressure in the national transmission system and balance demand fluctuation on the market, respectively to meet the load variations. Underground gas storage reservoirs also play an important and strategic role as regards maintaining the fundamental parameters (pressure and flow rate) of the transmission system within optimal values. The underground storage activity is considered to be an efficient process allowing a constant delivery in the sales lines given the fluctuating market demands depending on hourly and seasonal requests. Currently, Romania owns a complex infrastructure system of gas storage having a capacity of 3 billion cubic meters and an appreciable number of fields which fulfill the gas storage reservoirs conversion requirements. Such a conversion may be achieved only if demand on the European regional gas market increase. This article presents a technical and economic assessment of a brownfield, which has progressed to a certain stage of exploitation, and is to be converted into an underground gas storage. This scenario is also an algorithm that supports this approach from a technical and economic point of view.

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Publication details

Title
TECHNICAL AND ECONOMIC EVALUATION OF A MATURE GAS FIELD CONSIDERING THE CONVERSION INTO A GAS STORAGE RESERVOIR
Authors
Professor Dr.Eng. Dan-Paul Stefanescu, Eng. Diana-Andreea Lupu
Proceedings
SGEM International Multidisciplinary Scientific GeoConference EXPO Proceedings; 17th International Multidisciplinary Scientific GeoConference SGEM2017, Science and Technologies in Geology, Exploration and Mining
Publisher
STEF92 Technology
Year
2017
Pages
919-926
SWS Citekey
Stefanescu20176919926
ISSN
1314-2704
ISBN
978-619-7408-00-3
Language
en
Publication type
Conference Paper
Keywords
underground gas storage reservoirbrownfieldtechnical and economic evaluation.
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