Virgin Islands Natural Gas Storage Lease

State:
Multi-State
Control #:
US-OG-1049
Format:
Word; 
Rich Text
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Description

This form is a natural gas storage lease.
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FAQ

The largest single storage field is DTE Energy's Washington 10 field under Romeo, a 68.5 billion cubic feet field north of a 59-mile natural gas pipeline between Milford and Belle River.

Unlike underground facilities where the gas is injected in its current state, above ground storage facilities use a process called liquefaction to chill the gas until it changes to liquid.

Depleted natural gas or oil fields function as gas storage reservoirs in California. Natural gas is injected into the storage reservoirs through gas storage wells and stored until withdrawn for use. There are 12 underground natural gas storage fields in the state.

The whole tank floats in a circular or annular water reservoir, held up by the roughly constant pressure of a varying volume of gas, the pressure determined by the weight of the structure, and the water providing the seal for the gas within the moving walls.

Natural gas storage comes with certain risks, including gas leaks, health hazards, environmental impacts, and infrastructure failures. However, implementing safety measures such as regular inspections, emergency response plans, enhanced monitoring systems, and public awareness campaigns can greatly reduce these risks.

It is most commonly held in inventory underground under pressure in three types of facilities. These underground facilities are depleted reservoirs in oil and/or natural gas fields, aquifers, and salt cavern formations. Natural gas is also stored in liquid or gaseous form in above?ground tanks.

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Virgin Islands Natural Gas Storage Lease