METHANE HYDRATES STORE VAST AMOUNTS OF NATURAL GAS – BUT THEIR EXPLOITATION REMANS UNECONOMIC FOR NOW
March 1st, 2018
International activity to understand and potentially extract natural gas from methane hydrates has intensified since 2010 with the continuation and launch of new research and development (R&D) projects and field production tests offshore and onshore, as shown in a new overview by Carolyn D Ruppel, chief of the gas hydrates project at the United States Geological Survey (USGS).(1)
This investment is just as well, as the cost of hydrates-related offshore field expeditions is high. One country alone spent from USD100 million to USD300 million per ...
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