Natural Gas Facts
Here are some natural gas facts to help you understand the
commodity that we’re dealing with. Let’s start
with the obvious question of what is natural gas?
Natural gas is a fossil fuel comprised mostly of methane
although there are also quantities of ethane, propane and
butane. Other elements, such as carbon dioxide, have been
removed before the natural gas reaches consumers.
What is Natural Gas?
How natural gas is formed is really quite interesting and
it involves the decay of organic material. Old swamps and
marshes from prehistoric times are places where natural gas
is found and old rubbish dumps from more recent times are
also a source of natural gas but usually not in commercial
The history of natural gas and its uses can be traced by
to shortly after the birth of Christ but the first well that
was drilled to tap a natural gas deposit was sunk in 1821
in New York. The first attempt to pipe natural gas was made
in 1891 but it wasn’t until after World War II that
the use of became widespread. Today natural gas is used extensively
throughout the United States.
the Step by Step Process of Drilling Natural Gas Wells
Gas-fired electric generation is the only sector that has
experienced a significant change, with an increase of demand
from 4.6 Tcf/year (12.6 Bcf/day) in 1998 to 6.9 Tcf/year (18.9
Bcf/day) in 2007 (an almost 50% increase). The 10-year average
annual percentage change for this sector is 12.4%