Tuesday, October 4, 2011

The President Should Come to North Dakota: Promote $3 Billion Infrastructure Projects -- Shovel-Ready; Help The Environment; Put People to Work -- Bakken, North Dakota, USA

This is an incredible story. Again, a big thank you to "CRC" for alerting me to it.

Link here (I haven't seen this source before, by the way. If I have, I've forgotten).

If I read the story correctly, there are $3 billion worth of infrastructure projects to capture all that natural gas that is being flared.
About $3 billion worth of infrastructure projects are on the drawing boards in North Dakota's Bakken Shale play to monetize the natural gas produced in association with oil, which otherwise would be lost to flaring, operators and state officials said in interviews.

About 134,000 Mcf/d, or almost one third of the gas produced in North Dakota, is flared because of the lack of infrastructure to take the gas away or otherwise monetize it, Bruce Hicks, assistant director of the Oil and Gas Division of the North Dakota Industrial Commission said in an interview Monday.

Hicks said it is currently uneconomical to capture the gas produced in association with Bakken Shale oil production, given the dearth of gas-related infrastructure in the 17,000-square-mile region.
I assume the three (3) CRYO plants that up going up west of Williston are part of these projects, but I don't know.

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