As we predicted, drillers are shifting operations from the dry gas plays into wet gas plays, that is natural gas found with less than 85 percent methane, containing butane, propane, hexane, etc. The shift is caused by declining natural gas prices. Moving some operations from the Marcellus Shale Rex Energy will drill four wells in in 2012 in Carroll County.
A Houston-based company has announced plans for a new $13 million facility in Youngstown to service the area's burgeoning oil and gas production industry. Exterran Energy Solutions plans a 65,000-square-foot building at the Salt Springs Road industrial park, creating more than 100 jobs in the process. The company hopes to be open for business by the end of the year.Consol Energy best known for its coal mining operation entered a partnership with Hess Corp. to explore for and develop oil, natural gas liquids and gas on 200,000 acres across Belmont, Jefferson, Harrison and Guernsey counties.
Land owners have questions. Not the frantic Gasland type concerns we hear so much about but the more sedate problems of managing and maximizing wealth. Ohio State University Extension, Jefferson County Farm Bureau, Jefferson Soil & Water Conservation District and the Eastern Ohio Development Alliance have teamed up to offer the Shale Gas Workshop Series for Landowners. Topics include, Wealth and Tax Management Strategies for Landowners, Covering Lease and Royalty Payments and Negotiating Pipeline Easements Which are Favorable to Landowners. Oh to have such worries!
One of these days, in the not-to-distant future, we will be able to tell those sixth century rag heads what they can do with their oil.
ReplyDeleteLet's see, oil mixed with sand... Hmmmm, can't think of a thing they can do with that combination.
And, the ironic thing will be that they will have to go to the first world to get their refined oil for their Mercedes and Rolls Royces -- or hitch to a camel and get towed...
I'm going to do another post on burning natural gas in your auto. Doing the conversion is illegal under EPA rules unless you are certified. I've got a video in mind that shows just how simple it is to do. I knew a guy who did this in the 80's, back when they had carburetors but with fuel injection it's a breeze. If not for conversion of the present rolling stock it will show what a minimal effort an auto maker would have to make to produce a car that burned both natural gas and gasoline. Comparing it to that with that idiotic algae idea of Obama's it's brilliant. It would not cost the government a dime, it could begin right now, and maybe it would add a couple of hundred dollars if that much to the sticker price.
ReplyDeleteIt's the age old problem with natural gas, hydrogen power, solar etc. There are no distribution systems in place now and to get up one, with natural gas, would take years. The only alternative would be NG and gasoline/diesel for the immediate future.
ReplyDeleteWe could be divorced from outside energy within ten years...
It's the age old problem with natural gas, hydrogen power, solar etc. There are no distribution systems in place now and to get up one, with natural gas, would take years. The only alternative would be NG and gasoline/diesel for the immediate future.
ReplyDeleteWe could be divorced from outside energy within ten years...
There are more CNG stations in place than charging stations. I have one about a mile from me. My hunch is they would come on pretty quick. If you can burn either maybe you have to drive to work on CNG and home on gasoline.
ReplyDelete