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Monday, June 4, 2012

Comment From a Reader -- Several Bakken Links

Sometimes a comment has too much good information and needs to be re-posted as a stand-alone post. This is one such case. 
The first thing I check on my daily visits to your informative Bakken blog site is the UND-EERC Archives. under your News & Conferences side-bar link. Thanx for adding the link. There is a ton of info there. For example:

1. Published June 01, 2012, 12:00 AM ENERGY: Moving oil to market N.D. needs more pipelines to keep pace with oil production By: Alan Van Ormer, Prairie Business Magazine
http://www.prairiebizmag.com/event/article/id/12712/group/Energy/

2. Boom will keep on rolling (Bismarck Tribune) 05/24/12 - http://bismarcktribune.com/bakken/boom-will-keep-on-rolling/article_3b0344de-a610-11e1-a890-001a4bcf887a.html

3. Powering Oil Rigs -Updated May 25, 2012
http://www.kxnet.com/story/18559932/powering-oil-rigs
I haven't checked all the links yet.

And yes, the UND-EERC is a great site.

3 comments:

  1. The Eco Alternative Fuel Systems, Inc (ECO AFS). Company referred to in the “Powering Oil Rigs Article” is also discussed in a March 29, 2012 Williston Herald article see http://www.ecoafs.com/CaseStudy.aspx?ID=12

    What is amazing is that I haven't seen anything in the national news media about this “close privately held” company, that appears to have developed a revolutionary new, cheaper, and environmentally better way to power oil rigs.

    Someone should send the Obama White House an E-mail or Tweet.
    June 4, 2012 12:58pm EDT

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  2. You are correct; I haven't seen it in mainstream media.

    1. I posted this story back in March, 2012; http://milliondollarway.blogspot.com/2012/03/statoil-using-natural-gas-to-power-rigs.html

    2. Based on some of the mail I get, I assume my site is monitored by the White House.

    3. As Harold Hamm found with his meeting with the Boss, you can lead horses to water, but you can't make them drink. In some cases you can't even some horses to water if they don't want to go.

    ReplyDelete
  3. Those readers like myself that are fascinated by the potential of natural gas powered drilling rigs, I strongly urge you to read Bruce’s March 30, 2012 post on the subject that contains a link to the following American Oil and Gas Reporter’s August 2011 Editor’s choice article that gives you a comprehensive overview of what is happening in the field of “Natural Gas Powered Oil Rigs".

    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. (NYSE:ECA), one of North America's largest shale gas producers, which already has 16 rigs converted to gas. It is being joined by Chesapeake (NYSE:CHK), Apache (NYSE:APA) and Anadarko (NYSE:APC).

    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

    ReplyDelete

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