The development of coalbed methane (CBM) in China poses great difficulties because of high investments, low produc- tion and high risks. So a study of the economic effect of a single well at its preliminary stage is h...The development of coalbed methane (CBM) in China poses great difficulties because of high investments, low produc- tion and high risks. So a study of the economic effect of a single well at its preliminary stage is helpful for commercial exploitation of CBM. Affected by wellbore flow pressure, initial reservoir pressure, relative permeability, Langmuir pressure and other factors, the trend of declining production of a single CBM well agrees, by and large, with a hyperbolic pattern of decline. Based on Arps’s equation, nearly 200 wells production with different peak yields and initial rates of were simulated. Given the present cost of drill- ing, gas production and engineering on the ground, the gross investment for the development of a single coalbed methane well was estimated for the Fanzhuang block in central China. Considering the current industrial policies for CBM, we established an eco- nomic assessment model and analyzed economic peaks. The results show the economic benefits with or without government subsi- dies at different peak yields of a single CBM well. The results of the evaluation can be directly applied in the Fanzhuang block. The evaluation method, formulated in our study, can be used to other areas with similar conditions.展开更多
Between 1850 and 1900, state geological surveys in the Midwest underwent an ideological shift by transforming from institutions based on applied science to those based on pure science. Three factors influenced this pr...Between 1850 and 1900, state geological surveys in the Midwest underwent an ideological shift by transforming from institutions based on applied science to those based on pure science. Three factors influenced this process： the acquisition of permanent status from state governments, the establishment of the USGS （United States Geological Survey）, and the increase in regional professional scientific societies and publications in the Midwest. These factors aided in the transformation of research projects by state geologists. These projects grew more focused, of higher quality, and increased in number during this time-period. State governments still expected Midwestern geological surveys to meet the practical needs of their respective states as this transformation continued, but surveys complemented these goals with projects more closely related to pure science. This shift encouraged the research goals of surveys to investigate projects more closely related to pure scientific pursuits, and significantly aided in the growth of the earth sciences in the nineteenth Century and early twentieth Century.展开更多
基金Project supported by the Creative Foundation for Young-Middle-Aged Researchers from CNPC 2006–2008
文摘The development of coalbed methane (CBM) in China poses great difficulties because of high investments, low produc- tion and high risks. So a study of the economic effect of a single well at its preliminary stage is helpful for commercial exploitation of CBM. Affected by wellbore flow pressure, initial reservoir pressure, relative permeability, Langmuir pressure and other factors, the trend of declining production of a single CBM well agrees, by and large, with a hyperbolic pattern of decline. Based on Arps’s equation, nearly 200 wells production with different peak yields and initial rates of were simulated. Given the present cost of drill- ing, gas production and engineering on the ground, the gross investment for the development of a single coalbed methane well was estimated for the Fanzhuang block in central China. Considering the current industrial policies for CBM, we established an eco- nomic assessment model and analyzed economic peaks. The results show the economic benefits with or without government subsi- dies at different peak yields of a single CBM well. The results of the evaluation can be directly applied in the Fanzhuang block. The evaluation method, formulated in our study, can be used to other areas with similar conditions.
文摘Between 1850 and 1900, state geological surveys in the Midwest underwent an ideological shift by transforming from institutions based on applied science to those based on pure science. Three factors influenced this process： the acquisition of permanent status from state governments, the establishment of the USGS （United States Geological Survey）, and the increase in regional professional scientific societies and publications in the Midwest. These factors aided in the transformation of research projects by state geologists. These projects grew more focused, of higher quality, and increased in number during this time-period. State governments still expected Midwestern geological surveys to meet the practical needs of their respective states as this transformation continued, but surveys complemented these goals with projects more closely related to pure science. This shift encouraged the research goals of surveys to investigate projects more closely related to pure scientific pursuits, and significantly aided in the growth of the earth sciences in the nineteenth Century and early twentieth Century.
