Bakken.com is reporting:
The only processing plant in North Dakota that converts natural gas byproducts into motor fuel is planning to increase its capacity.
Located outside Tioga, North Dakota LNG began processing gas last September and is approaching the facility’s second phase of development. The company recently completed an expansion that will increase its processing capacity from the original 10,000 gallons per day up to 76,000 gallons per day.
The plant is located adjacent to Hess Corp’s gas processing facility and utilizes the methane produced there. North Dakota LNG uses a process which cools the methane using extreme temperatures (approximately negative 250 degrees Fahrenheit) to convert the gas into a liquid state. The liquid allows for easier transportation to different locations where it will then be converted back into its gaseous state.Wouldn't it be a hoot if T. Boone Pickens (Clean Eenrgy Fuels) and Jim Cramer (CNBC) did a newscast from Tioga, oil capital of North Dakota?
Oh, my bad! It's already been done, LOL:
By the way, look at that 4-well pad in the background: I think there are 16 oil well tanks and two water tanks. Also note: all four pumps are pumping. On a wind farm, maybe 1 of four wind turbines would be turning on any given day.
See disclaimer. This is not an investment site. It is also not a dating site. Nor is it a food recipe site. Nor is it a Hollywood entertainment site. It's simply about the Bakken. Enjoy.