ALTERNATIVE FUELS FOR POWER GENERATION WITHIN OIL AND GAS INDUSTRY


Alternative-fuels-for-Oil-and-Gas-production

The world’s total equivalent oil production is more than 80 million barrels per day. The
constant new discoveries of conventional oil sources, together with the strong emergence
recently of unconventional oil production, are more than compensating for the depletion rate
of old wells that are being decommissioned annually. In fact, the number of new discoveries
has changed the mainstream estimation of oil reserves to be adequate, not only for the coming
thirty years, but rather for at least the coming hundred years.

In this paper, we shall look into the above questions and the available hydrocarbon chain from
the oil and gas production field, and we shall examine how the various streams in the
processes – not normally considered as fuel, could be utilized for power production. We shall
also look at the possibilities for increasing the electrical efficiency of the power generation,
and look at the financial impact of all these combined factors in connection with a typical
mid-sized up-stream oil and gas production field.



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Kari Punnonen - Contact

  Kari Punnonen

   Business Development Manager,
   Oil & Gas Middle East, Asia & Australia    
   
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