Estimate the Capital Cost of Shale-Gas Monetization Projects
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abstract
As the number of shale-gas monetization options has increased, so has the need to develop quick, preliminary estimates of the cost of proposed projects and manufacturing pathways. Shale-gas monetization is the physical and/or chemical transformation of shale-gas constituents into value-added products. An order-of-magnitude correlation for estimating the capital investment required for a shale-gas monetization plant is presented. Technology developers and process engineers can use this correlation, along with other preliminary cost-estimation techniques, to help make technology selection and design decisions prior to chartering laborious and costly techno-economic studies.