Hydraulic Fracturing (“Fracking”) and Rebirth of United States Chemical Industry
Progress in Petrochemical Science , Volume 3, pp 1-3; doi:10.31031/pps.2020.03.000562
Abstract: Makarand R Gogate* Independent Consultant for Ch.E Education and Research, India *Corresponding author: Makarand R Gogate, Independent Consultant for Ch.E Education and Research, India Submission: June 05, 2020;Published: June 22, 2020 DOI: 10.31031/PPS.2020.03.000562 ISSN 2637-8035Volume3 Issue3 The use of hydraulic fracturing the extract oil and gas from the earth, dates back to 1940s, but only in the last decade or so, has the word “Fracking” become a buzzword. Fracking alludes primarily to the shale gas boom in the United States, since about 2008, and also refers to the process - the high pressure injection of water, chemicals, and sand into the shale rock deposits – to release gas and oil trapped within shale rock by fracturing it, to harvest stores of gas and oil, previously unfeasible to access or recover. As stated above, Fracking became commercial in the United States in 2008, first at the Bakken Shale deposits in North Dakota, and later at Barnett Shale Basin in Texas. The production of domestic natural gas thus saw a high spike in about 2008, and is expected to grow by up to 44% by 2035. For example, the domestic production was at 17Tn cu ft/year in 2008, and now stands at 27Tn cu ft/year (2017), an increase of 59%. As a result, the price of domestic natural gas (Henry Hub Index) was $15.46/MM BTU (2008 basis), and has steadily declined to the current $1.85/MM BTU (2020). The historical trends in the natural gas prices are illustrated in Figure 1; . Not surprisingly, the oil prices, seen historically to trend directly with price of natural gas, have also steadily declined: Oil prices peaked to over $110/bbl (2008) - when the cost of gasoline was over $4/gal -- and have also steadily declined to $30/bbl, as of today. Fracking is a uniquely and hugely successful American story, that, by safely unlocking America’s abundant natural resources, has created millions of jobs, reduced energy prices (oil and natural gas), and also brought cleaner air by significantly reducing greenhouse gas emissions (to lowest levels in 25 years), and transformed the United States back into a global superpower . The global chemical industry is heavily dependent on stable and inexpensive sources of fossil fuel feedstock, such as crude oil and natural gas. However, increasing utilization and exploitation of crude oil in the 1980s and 1990s, fueled by cheap prices and plentiful supply, led to eventual price instability, and supply chain issues. Consequently, the United States chemical industry was in decline in the late 1990s and early 2000s. Many chemical producers were thus faced with either using syngas as a chemical feedstock - a mixture of CO, CO2, and H2, from domestic coal, biomass, and natural gas, or disassemble existing chemical plants and facilities altogether and relocate them outside of the United States. As discussed above, a major technological breakthrough, called as “Hydraulic Fracturing”, or, “Fracking”, for short, occurred in about 2008, which made possible the very economical recovery of natural gas and gas liquids associated with high amounts of shale oil deposits in the United States. The shale gas boom, as it is commonly called now, led to gigantic increases in the production/recovery of both natural gas and gas liquids in the United States. This has clearly led to a “rebirth” of the U.S. chemical industry, and the business of industrial chemistry is growing, with a very rosy outlook to the future. It is a very opportune time now for the U.S chemical industry, and clearly behooves on us to develop cost-effective process alternatives, due to the strong interest and economic incentives of shale gas. Currently, the catalytic upgrading of methane to value-added chemicals proceeds via the indirect liquefaction route. The resulting syngas is then converted into a host of chemicals and chemical feedstocks, including methanol, ethanol, higher alcohols, light olefins, acrylonitrile, ethylene oxide, propylene oxide, 1,3 butadiene, etc. However, the steam reforming of natural gas is a strongly endothermic and an energy-intensive process, and requires a large energy input. The traditional thrust has therefore been to find process alternatives to steam reforming, or to use syngas from coal gasification as an alternative. Two approaches for the indirect conversion of methane into liquid hydrocarbons are now practiced on an industrial scale: methanol-to-gasoline (MTG) process and Fischer-Tropsch (FT) synthesis [3-8]. It is imperative at this time to enable transformational thinking and pursue transformational discoveries in methane functionalization, towards direct conversion of methane to value-added chemicals. Figure 2 shows the various approaches and pathways for the direct conversion of methane and ethane to value-added chemicals. As stated above, the plentiful availability of the low-cost natural gas feedstock allows a transformational opportunity to lower the C footprint of the chemical industry. Methane (CH4) has the highest H:C ratio of any fuel, and the highest calorific value, but from a chemical standpoint, the linear single C-H bonds in a perfectly tetrahedral symmetry in methane have a very high bond strength (over 440kJ/mol) and are very difficult to break. Because it a saturated linear hydrocarbon, it is very difficult to activate the C-H bonds, except in very harsh environments, such as very high temperatures (>1100 K), highly oxidative conditions, or highly acidic/alkaline ones. For these reasons, the direct and selective conversion of methane to higher-value chemicals is often considered to be the “Holy Grail” of experimental/theoretical research in heterogeneous catalysis and catalytic chemistry. Despite these difficulties and the chemical recalcitrance of methane, several pioneering technologies for direct catalytic upgrading of methane have been developed. This bodes very well for the United...
Keywords: hydraulic fracturing / greenhouse gas emissions / shale gas / Natural Gas / chemical industry / Prices / catalytic upgrading / Gas Boom / States Chemical
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