Analysis says gas FPSO feasible, CNG possibly economic export option

Economic analysis of use of a floating production, storage, and offloading (FPSO) vessel to produce a dry-gas reservoir indicates that such use is technically feasible.Moreover, this analysis indicates that, of three transportation options—pipeline, LNG, and CNG—shipping by CNG exhibits the best return on investment under a simplified payback analysis.FPSO's acceptanceThe FFPSO vessel has become an accepted solution for oil production in deepwater or remote offshore areas. Today's FPSO applications primarily deal with oil production, while associated gas is reinjected where there is no gas-pipeline infrastructure available. A few of these vessels process associated ga...

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