Assessing the value of NGL in natural gas
- Purvin and Gertz, Inc., Dallas, TX (United States)
- M.W. Kellogg Co., Houston, TX (United States)
- Gas Research Institute, Chicago, IL (United States)
Purvin and Gertz, Inc., under a contract with The M.W. Kellogg Company sponsored by Gas Research Institute, evaluated the economic effect of by-products extracted during natural gas processing operations. The by-products evaluated, included natural gas liquids (NGL), helium, sulfur, carbon dioxide and nitrogen. The sources of supply and final consumption, pricing histories, impact of logistical considerations, and a general assessment of the economics were completed for each by-product. NGL is by far the most significant of these by-products, representing a value of about $9 billion, compared to helium at $160 million and sulfur at $154 million in 1991. This paper investigates the production and consumption of the most significant by-product NGL from 1987 through 1992. Demand for NGL is categorized for the same period for: residential and commercial, industrial, engine fuel, chemicals, utility gas, refinery, farm, and other. Logistics are evaluated with a summary of the pipelines, underground storage and fractionators presented. Pricing is discussed with the two major market centers of Mont Belvieu, Texas and Conway, Kansas, detailed.
- OSTI ID:
- 124641
- Report Number(s):
- CONF-9503132-; TRN: IM9548%%231
- Resource Relation:
- Conference: 74. annual Gas Processors Association (GPA) meeting, San Antonio, TX (United States), 13-15 Mar 1995; Other Information: PBD: 1995; Related Information: Is Part Of Proceedings 74. annual convention Gas Processors Association, 1995; PB: 378 p.
- Country of Publication:
- United States
- Language:
- English
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