On March 9, 2011, I wrote that Whiting was looking at technology that would allow 60-stage fracture stimulation.
Most likely this is the technology Whiting is looking at: QuickFRAC by Packers Plus. Just as much fun is looking where Packers Plus Energy Services has district offices. Note that they are located in Williston, North Dakota, as well as offices around the world.
Here's another nice link to QuickFRAK sent to me by a reader. See comment below. Thank you very much.
Saturday, April 2, 2011
Week 13: March 26 -- April 1, 2011
Chesapeake and Converting Natural Gas to Diesel
North Dakota Wheat Setting New Records
Wind Farm Project Canceled in North Dakota (Xcel)
NDIC Hearing Dockets for April, 2011, Posted
Corinthian Exploration -- Initial Surge: 204 Wells in the Souris/Spearfish
The Canadian Invasion: Spearfish Formation, North Dakota
Corinthinian: Acquires Ritchie's Bottineau Spearfish Wells
Spearfish Oil: Really Sweet, or Just Sweet?
Short vs Long Laterals: Canada's Experience with The Spearfish Formation
Zman's First Quarter Wrap-Up
North Dakota On Track for 1,789 New Oil Permits in 2011
Leases May Command 10-Fold Increase At End of Year (as They Expire)
Analyst: WTI Oil Will Be Back to $90 At End of April, 2011
1,000 More Man-Camp Units in North Dakota (Williston Area)
Pickens' Picks
New Jersey Fast Tracks Three New Natural Gas Utility Plants (Hess)
Oil Won't Go Below $83/Barrel
Flashback: The Bakken Boom Began With Vertical Wells in Elm Coulee (Montana)
Rigzone.com Reminds Us How Great the Bakken Is
Cottonwood Oil Field Updated
Thompson Lake Oil Field Updated
Elidah Field Updated
COP Ramps Up CAPEX In North America
Overview of Activity in the Bakken, 1Q11
US Energy Policy: Most Incoherent in the World
Denbury Well May Be Most Productive In North Dakota History
North Dakota #1: CBS
North Dakota Wheat Setting New Records
Wind Farm Project Canceled in North Dakota (Xcel)
NDIC Hearing Dockets for April, 2011, Posted
Corinthian Exploration -- Initial Surge: 204 Wells in the Souris/Spearfish
The Canadian Invasion: Spearfish Formation, North Dakota
Corinthinian: Acquires Ritchie's Bottineau Spearfish Wells
Spearfish Oil: Really Sweet, or Just Sweet?
Short vs Long Laterals: Canada's Experience with The Spearfish Formation
Zman's First Quarter Wrap-Up
North Dakota On Track for 1,789 New Oil Permits in 2011
Leases May Command 10-Fold Increase At End of Year (as They Expire)
Analyst: WTI Oil Will Be Back to $90 At End of April, 2011
1,000 More Man-Camp Units in North Dakota (Williston Area)
Pickens' Picks
New Jersey Fast Tracks Three New Natural Gas Utility Plants (Hess)
Oil Won't Go Below $83/Barrel
Flashback: The Bakken Boom Began With Vertical Wells in Elm Coulee (Montana)
Rigzone.com Reminds Us How Great the Bakken Is
Cottonwood Oil Field Updated
Thompson Lake Oil Field Updated
Elidah Field Updated
COP Ramps Up CAPEX In North America
Overview of Activity in the Bakken, 1Q11
US Energy Policy: Most Incoherent in the World
Denbury Well May Be Most Productive In North Dakota History
North Dakota #1: CBS
So, You Think The "Permitorium" In the Gulf is Bad --
The ban on fracking natural gas wells is still in effect in New York State.
They banned it three years ago:
No doubt at the end of the multi-year study in New York State (three years and counting), the authors will come to the same conclusion (that the waste water is the problem) and a new study will be commissioned. As the world turns.
Again, this tells me that "we" have not reached the tipping point in how much "we" are willing to spend on imported oil.
I noted earlier that in President Obama's energy security speech this past week, he said that every $10 increase in a barrel of oil translates to an increase of 25 cents/gallon at the pump. The individual who wrote that line, and the individual who spoke that line, clearly feel that Americans and the American economy can handle another 25 cents/gallon. That's why folks in Washington and pundits on television don't seem anxious about the price of oil right now.
They banned it three years ago:
New York put a hold on horizontal drilling three years ago while it conducts an environmental study to find safe ways of using the techniques that are in use elsewhere.It turns out the issue of where to put the waste water is a much bigger problem. Fracking is done with fresh water, and waste water cannot be used.
No doubt at the end of the multi-year study in New York State (three years and counting), the authors will come to the same conclusion (that the waste water is the problem) and a new study will be commissioned. As the world turns.
Again, this tells me that "we" have not reached the tipping point in how much "we" are willing to spend on imported oil.
I noted earlier that in President Obama's energy security speech this past week, he said that every $10 increase in a barrel of oil translates to an increase of 25 cents/gallon at the pump. The individual who wrote that line, and the individual who spoke that line, clearly feel that Americans and the American economy can handle another 25 cents/gallon. That's why folks in Washington and pundits on television don't seem anxious about the price of oil right now.
Seeking Alpha on Chesapeake -- Not a Bakken Story
I don't follow Chesapeake but this is an interesting "op-ed" regarding the company over at SeekingAlpha.com.
This is an article about the "holy grail" of the natural gas industry: to find a process to convert natural gas to liquid fuel, such as diesel.
At least that's what I think the article is saying.
If so, there is technology out there and it is working. I just don't know if the technology is scalable and / or profitable. But if I understand what the author over at SeekingAlpha is saying, I wonder why Syntroleum, Sasol, or Shell were not mentioned?
From a very recent NY Times article:
..... the "lost decade."
ADDED TO ORIGINAL POSTING:
Here's a nice op-ed on South Africa, Sasol, and the international oil embargo. I find it interesting what Chesapeake CEO did not say. It suggests CHK is way behind the "8-ball" on this one. I find it amazing that he has not been called out on it. DKRW is doing this (natural gas to gasoline and diesel) in Medicine Bow, Wyoming, also. Who's CHK trying to kid?
This is an article about the "holy grail" of the natural gas industry: to find a process to convert natural gas to liquid fuel, such as diesel.
At least that's what I think the article is saying.
If so, there is technology out there and it is working. I just don't know if the technology is scalable and / or profitable. But if I understand what the author over at SeekingAlpha is saying, I wonder why Syntroleum, Sasol, or Shell were not mentioned?
From a very recent NY Times article:
A South African firm, Sasol, announced Monday that it would spend just over 1 billion Canadian dollars to buy a half-interest in a Canadian shale gas field, so it can explore turning natural gas into diesel and other liquids. Sasol’s proprietary conversion technology was developed decades ago to help the apartheid government of South Africa survive an international oil embargo, and it is a refinement of the ones used by the Germans to make fuel for the Wehrmacht during World War II.I find that incredible. South Africa used the technology decades ago to help survive an international oil embargo, and Americans are willing to pay $104 for oil and $4 for gasoline ........
..... the "lost decade."
ADDED TO ORIGINAL POSTING:
Here's a nice op-ed on South Africa, Sasol, and the international oil embargo. I find it interesting what Chesapeake CEO did not say. It suggests CHK is way behind the "8-ball" on this one. I find it amazing that he has not been called out on it. DKRW is doing this (natural gas to gasoline and diesel) in Medicine Bow, Wyoming, also. Who's CHK trying to kid?
BLM To Help Write Environmental Impact Statement
The Bureau of Land Management will help write the environmental impact statement for a 400-mile transmission line from Wyoming to Utah.
New coal-powered electrical-generating plants in Wyoming? Natural gas plants? Wind power?
BLM's assistance in writing the environmental impact statement is something new to me. I would have assumed those who are advocating and funding the project would write the impact statement, and the BLM would review it. But here we have the BLM actually helping to write it. One of the nice things about that is this: the BLM would know the correct catch-phrases and the politically correct issues to place in the document to help ensure the states and the federal goverment would approve it. I assume the first level of approval is the BLM before it goes up to EPA.
All I'm saying is this: I doubt the BLM helps the oil companies write their environmental impact statements but I could be wrong. If they do, I applaud the industry and the government for working so closely together on our national energy program. Whatever it may be.
New coal-powered electrical-generating plants in Wyoming? Natural gas plants? Wind power?
BLM's assistance in writing the environmental impact statement is something new to me. I would have assumed those who are advocating and funding the project would write the impact statement, and the BLM would review it. But here we have the BLM actually helping to write it. One of the nice things about that is this: the BLM would know the correct catch-phrases and the politically correct issues to place in the document to help ensure the states and the federal goverment would approve it. I assume the first level of approval is the BLM before it goes up to EPA.
All I'm saying is this: I doubt the BLM helps the oil companies write their environmental impact statements but I could be wrong. If they do, I applaud the industry and the government for working so closely together on our national energy program. Whatever it may be.
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