Answered: determine how long (in years) it will…

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determine how long (in years) it will take to exhaust this natural gas well.

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Concept explainers

Chemical and Phase Equilibrium

Phase diagrams or equilibrium phase diagrams are the graphical representations that show the phase transformations of the constituting elements with respect to the pressure, temperature, and compositions. The diagrams show the conditions that limit the different phases, namely solid, liquid, and gas. The diagram can also be utilized to verify the relations between the state variables. Most of the phase diagrams are temperature-pressure phase diagrams, with the variable parameter as the composition. Usually other variables such as solubility and pressure parameters are not indicated in the phase diagram. For a one-component system (unary phase diagram), the phase diagram is generally a function of temperature and pressure as the state variables, or temperature and volume. However, for a binary system (two-phase) having two components, the phase diagram is a function of temperature and composition as the state variables only. Coexisting of the different phases of the constituting elements is indicated in the phase diagram. A ternary phase diagram can be characterized by consisting of three phases in equilibrium.

Question

A natural gas well is being drilled in your community. It is estimated that amount of recoverable natural gas is equivalent to 5 MCF and that your community will use this fuel at an initial rate of 0.4 MCF/year, selling an additional 0.6 MCF/year back to the utility. Assuming that the annual rate of increase in consumption will be at 2%, determine how long (in years) it will take to exhaust this natural gas well.

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