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The Duck Curve, Canada Capping Wells, China's Oil Demand and UAS Integration into Oil and Gas
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The Duck Curve, Canada Capping Wells, China's Oil Demand and UAS Integration into Oil and Gas

The Crude Life Daily Update for June 6, 2023.

Social media is where the industry experts and talented professionals are effectively challenging the “magical thinking” behind climate alarmism/forced energy transformation, given the blackout of the mainstream media. As yet another example, Mike Hassaballa, energy engineer and consultant, reported on LinkedIn: “California’s Duck Curve Hits Record Lows.” His comment and graphics follow.

The famous “Duck Curve” that symbolizes the challenges of integrating renewable energy into the grid has reached an all-time low.

The Duck Curve, initially coined by the California Independent System Operator (CAISO), illustrates the daily electricity demand and supply patterns in California. Its distinctive shape resembles a duck with its head and neck representing the daily net load, i.e., the difference between electricity demand and generation.

But why is this curve so important? The Duck Curve showcases the impact of renewable energy sources, particularly solar power, on the grid. As solar panels proliferate across California, the curve’s belly – symbolizing midday surplus energy – has been steadily growing. This phenomenon poses a challenge as it can result in excess electricity during the day, followed by a rapid ramp-up in demand as the sun sets. Managing this imbalance is crucial for a stable and reliable energy system.

Click here for entire article from NaturalGasNow

Photo Source: China Daily

Chinese Oil and Gas Expected to Rise

Oil and gas consumption in China is expected to rise this year as the economic recovery will rapidly increase energy off-take, experts from industry and policy think tanks said.

Oil consumption is expected to grow by 5.1 percent year-on-year to 756 million metric tons in 2023, with refined oil products up 9.1 percent to 398 million tons, driven by an overall recovery in the country's economy, a report released in April by the Beijing-based Economics and Technology Research Institute showed.

The institute, which is affiliated with the country's largest oil and gas producer and supplier, China National Petroleum Corp, said demand for natural gas will also rise rapidly from last year, with annual consumption expected to climb at a rate of 5.2 percent to reach 386.5 billion cubic meters.

Click here for the entire article

Ontario to Pump $28M into Capping Wells

Nearly two years after the downtown Wheatley explosion, the Ontario government announced it will invest $23.6 million to develop a provincewide strategy to identify and plug old oil and gas wells.

An additional $2.5 million will also be allocated to Chatham-Kent to assist with costs associated with emergency management from the August 2021 blast, said Minister of Natural Resources and Forestry Graydon Smith.

Speaking during a media conference at a Blenheim-area farm June 2, Smith said this investment is the first step in a government action plan to address the challenges and risks.

“(Wheatley) showed us the hazards that old oil and gas wells can pose in Ontario,” he said. “While that incident is almost two years in the rear-view mirror, it is still very much a present-day issue.

“It continues to be a difficult situation for the residents and business owners in Wheatley.”

Ontario has records for approximately 27,000 oil and gas wells, primarily on private land in Southwestern Ontario.

Click here for entire article

The Crude Life Daily Radio News & Lifestyle Update

Kenley Nebeker, executive director, TrainND Northwest and the chairman of the ND UAS Council explains how the UAS industry will integrate into the oil and gas industry over the next few years.

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The Crude Life
Living The Crude Life
Living The Crude Life is a news and lifestyle program currently airing on radio stations, LinkedIn Video and Facebook Watch. The daily update focuses on the energy industry and its impact on businesses, communities, workers and the economy.
The interviews engage with everyone from CEOs to roughnecks to truckers to chemists to cafe owners.
The Crude Life Daily Update has been broadcasting on radio stations across 5 states and 2 countries since 2011, podcast outlets and posts all updates and interviews on The Crude Life Social Media Network.