Announcement: Event -- Liquified Natural Gas-Fueled Drilling and Fracturing

A reader sent me the following with an announcement at the end for an event regarding liquefied natural gas for drilling rigs and fracturing operations.

Regardless of your interest in the "event" announced at the end of this post, there are some items in the body of the note that might of interest.

I received this note unsolicited and have no relationship with the folks who sent it to me, but it may be of interest to readers.

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August 2011 Editor's Choice - Encana Initiative Underscores Environmental, Economic Benefits Of Powering Rigs On Natural Gas By David Hill - DENVER–The North American natural gas industry is in search of an environmental and economic solution to address significant fuel use. Because natural gas has potential for widespread applications, it is critical that early adopters within the industry help trigger greater use.
See http://www.aogr.com/index.php/magazine/editors-choice/encana-initiative-environmental-economic-benefits-powering-rigs-natural-gas

Also See - Event Overview - DATE: JUNE 14, 2012 LOCATION: Houston, TX
VENUE: The Magnolia Hotel 1100 Texas Street Houston, TX 77002
LNG-Fueled Drilling & Fracturing 2012 Seminar

A groundswell of projects are emerging to use liquefied natural gas as fuel for drilling rigs and soon fracturing operations. Less than two years of fuel savings can cover the cost of conversion, reports Encana Corp., one of North America's largest shale gas producers, which already has 16 rigs converted to gas. It is being joined by Chesapeake, Apache, and Anadarko.

Chesapeake aims to overtake Encana with more than 40 rigs running on dual-fuel gas and diesel by year end. The company is also committed to converting much of its rolling stock to natural gas. Meanwhile, Anadarko and Apache have just announced plans to look into gas-powered drilling rigs. Apache is in the process of converting its first rig to LNG.

With $4/gal diesel and $2/MMBtu gas, drilling contractors are scrambling to meet the demands of their clients. Gas, especially LNG, offers a cleaner, more economical fuel than diesel. For LNG fuel suppliers, drilling and fracturing is a rich market, where nearly 2,400 land units consume two million diesel gallons daily. Of all fuel-consumption markets, drilling is where LNG suppliers are achieving the fastest penetration.

This seminar will enable producers, contractors, equipment suppliers and investors to learn the latest with regard to LNG-fueled drilling and fracturing operations, building on conference conclusions from 2011. Join us for what promises to be an exciting and informative discussion. http://www.zeusintel.com/ZeusEvents/LPMD2012.aspx

June 4, 2012 6:20 pm EDT 

FYI.