Replies to This Discussion

Permalink Reply by intrepid on December 12, 2008 at 18:05

From the article," Porter Bennett, the president and CEO of Bentek Energy, an Evergreen, Colorado-based consulting firm, said “We have more gas that we know what to do with.” That’s good news for consumers. It’s good news for the environment, as increased natural gas use should result in cleaner air. And more natural gas use in the truck and car fleet could help reduce U.S. oil consumption."

Let's keep driving these points home everyday!

Good for the consumers!
Good for the environment!
Cleaner Air!
Reduced foreign oil consumption!

Everyone with an interest in the Haynesville Shale has an interest in making CNG the primary transportation fuel in America.

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Permalink Reply by intrepid on December 12, 2008 at 18:11

Again, from the article,"For Stark, the policy path should be obvious: “If the Obama administration is at all clever, they will capitalize on this increased gas production and use it to solve quite a few clean energy objectives for the country.”


Let's hope they are that clever. But don't stop with hope. Get to know your Congressman, personally. Use some of your lease bonus to make some contributions. Get them focused on making CNG the primary transportation fuel in America.

We have mineral owners all over America with interests in the Haynesville Shale. Join the Pickins Plan but do your own personal lobbying with your elected representatives, neighbors, associates.

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Permalink Reply by Bill on December 12, 2008 at 21:03

I'm just a landowner with some small acreage in Bossier and Natchitoches and dont know alot about the O@G business. It looks like my properties will get HPB before the leases expire and I didnt get the big bonus money but am somewhat happy with the royalty %, 20% and 22.5% on 2 seperate properties. My concerns are like everyone else's here........Small demand + big supply = less production=small royalties.
Now, I need yalls expertise from the O@G business. How many barrels of oil does it take to complete a Haynesville Horizontal well from start to finish? I realize some wells are more expensive with more fracing and other related costs but I bet that alot of gasoline and diesel is used to complete 1 well. Maybe the O@G companies can start using more of their own product. I know this is a monumental task with all the "sub-contracors" involved, ie.. drillers, fracing crews, saltwater trucks, etc ,etc... It has to start somewhere though and even with the low price of oil, maybe the producers can find a way to finance CNG for well production at a comparable cost to diesel or gasoline. Just more "production costs" lol.
I realize alot of this sounds simplistic and unreal to expect the O@G producers @ associates to convert their vehicles and machinery to CNG but honestly, It's kinda unreal to expect me to convert my vehicle either. If its not cost-effective for the industry it sure aint cost-effective for me. If a company doesnt like or believe in its own product, how can it market it ?
Guess I rambled enough and Im all for increasing the demand for NG and would really like to see CNG compete with gasoline. I would really like to convert one of my vehicles to CNG too but all the Kits Ive seen are around 6-7K and thats "DIY". Maybe Reliant Energy @ Chesapeake can get together on a subsidized conversion package..lol.

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Permalink Reply by Grice on December 12, 2008 at 22:52

http://newsok.com/chesapeake-converts-fleet-to-set-example/article/...

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Permalink Reply by intrepid on December 13, 2008 at 6:28

Thats a very interesting article. Here is a comment left by a reader who has a CNG vehicle:

"I just bought a honda gx cng vechicle. I have had it about a month. Just like everybody else, finding a place to fill up is hard. I live in Amber and work in Chickasha. My fill places are Anadarko or Mustang. I love the car. I am use to driving a SUV. The most I have spent a week so far in normal driving is $6.50. This car has all the power of a regular car. I can cruise the turnpike at 75 and 80, no problem. I like to use the website cngprices.com for locations of stations and prices. From that site you can also post remarks about the filling station. Once I went to a ONG station on a Sat. night and it would not work. Monday I reported it to ONG. I was very impressed with their response to me and within about an hour I received a call from the tech that had been out to service the pump, he told me that it was now operating and thanked me for reporting it, because they did not know it wasn't working. We have to start somewhere. I still have my SUV in the driveway, for longer trips. But I can say I'm doing my part. I'm tried of my money going to the Middle East. I also agree that the EPA needs to get out of the way on the conversion kits. I have a business and would like to convert some of my trucks, but can't due to EPA.
Malisa, Amber - Dec 2, 2008 2:44 PM

Does anyone know what Malisa may be referring to about the EPA getting in the way of converting vehicles?

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Permalink Reply by intrepid on December 14, 2008 at 14:56

Thanks, KB. After that info I see how they say the EPA is in the way. I would like to see GM start bringing some of those CNG vehicles over here.

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Permalink Reply by boby on December 13, 2008 at 7:03

Good questions Bill. What you are asking is what is the EROI (Energy Returned on Energy Invested). I cannot answer this but maybe some of the drillers can enlighten us on average diesel usage of a Haynesville class rig.
I don't think CNG is going to be a savior for the country in oil replacement (although it will definitely be a boost for
NG prices) due to the fact that 1MMCF of natural gas at 1000btu per cu. ft. is equivalent to only 167 barrels of oil.

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Permalink Reply by BirdDawg, plain ole' idiot on December 13, 2008 at 16:00

boby,
Think about this : 167 barrels of oil @ $42/ barrel versus 167 barrels of oil at $100/barrel.
Lots of difference. Which one are we talking about?

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Permalink Reply by The_Baron on December 13, 2008 at 16:15

not to mention, not all of a barrel of oil is turned into gasoline. A better comparison is how many MCF = 1 gallon of gas. Boone pickens claims its 1MCF = 8 gallons of gasoline.

Not a good deal for nat. gas now, but wait till we get out of this economic funk and gasoline is $4 a gallon again.

Also....more importantly.....our nat. gas comes from North america (we do import alot of gas from canada), which is a lot better than Arabian, russian, Nigerian, Libyian, and venzulaian oil.

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Permalink Reply by boby on December 14, 2008 at 17:35

We aren't talking about money, it was in reference to btu equivalent.

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Permalink Reply by Two Dogs, Pirate on December 14, 2008 at 17:43

I guess you could say that with good gas it would equate to 6 thousand NG = 1 barrel of oil or something close to that.

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Permalink Reply by boby on December 14, 2008 at 17:53

Yes, and if I'm punching the numbers right on the calculator in order to replace the entire daily oil consumption of the US (at 20mm bbls. a day) with nat gas would 119.76 bcf a day
or 1tcf every 8.35 days.

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