Conventional oil and gas production: Relationships
Every element and industry that Conventional oil and gas production is linked to, and how. Each pair has its own card explaining the relationships between the two.
- Natural gas: Most of the world's gas comes from conventional fields, either gas reservoirs or as associated gas produced alongside oil. Associated gas ties gas supply to oil drilling, and where there is no pipeline or market it is flared: 167 bcm in 2025. In India the link is written into policy, with domestic gas from old fields priced at 10% of the crude basket within a floor and cap. (researched)
- Crude oil: Energy flows from crude oil to conventional oil and gas production; conventional oil and gas production needs crude oil; their prices have moved together.
- CNG, LPG and biogas distribution: Energy flows from conventional oil and gas production to CNG, LPG and biogas distribution; their prices have moved together.
- Flare and off-gas recovery: Energy flows from conventional oil and gas production to flare and off-gas recovery.
- Gas pipelines and city gas: Energy flows from conventional oil and gas production to gas pipelines and city gas.
- LNG chain: Energy flows from conventional oil and gas production to LNG chain.
- Natural hydrogen: Energy flows from natural hydrogen to conventional oil and gas production.
- Oil and product pipelines: Energy flows from conventional oil and gas production to oil and product pipelines.
- Refining and reforming: Their prices have moved together.
- Specialty amines and ethanolamines: Their prices have moved together.
- Steel: Their prices have moved together.
- Tankers, barges and fuel trucks: Energy flows from conventional oil and gas production to tankers, barges and fuel trucks.