Replies to This Discussion

Permalink Reply by dbob on September 10, 2015 at 13:47

There has been some permitting for wildcat wells in Tyler county I think folks might find interesting.  but no completion reports

Permalink Reply by jffree1 on September 10, 2015 at 13:45

dood... you can't be OT in this thread. Very worthy topic, IMO.

Permalink Reply by GoRicky on September 10, 2015 at 17:48

Sign of Life! Does dbob have a real dpulse or is it just a dfake-out? -  If it's dreal, I'm dthinkin' 'bout dchangin' my dname to dGoRicky - but only with dbob's dpermission dcourse!!... Good to hear from dsomebody!! These low dddd-down gas prices can't last very long!!!

Permalink Reply by Dry Hole on September 11, 2015 at 11:00

Dbob does anyone know why ETC is building the Large Gas Plant on 300 acres in Crockett and spending billions on large/long gas pipelines to accommodate it ? ie: 77 mile 24" from Bryan to Bedias to Crockett and 600 mile 30" from Mt.Belview Tx to Crockett to Midland Tx ?

Permalink Reply by dbob on September 11, 2015 at 11:15

DH,

I didn't realize they were laying that big of pipe.  Frankly, that pipe size sounds like an expansion of the proposed plant is already in the works.  Part of the reason for the location for that size plant may be due to ozone rules (which will likely get more strict in the next 18 months), part due to local success, particularly in Madison and Brazos counties, and partly due to other pipeline interconnects in the area.  

GoRicky - still around, but can't comment much on the development for personal reasons.

Permalink Reply by Dry Hole on September 11, 2015 at 12:23

Plant is also going to "straddle" a Lone Star line and I believe there is a crude products line nearby too  ---------- Just seems a little odd for ETC to not cancel/delay the project due to the current economic issues with drilling etc.----------- But the ROWs have been secured and the projects are moving forward at break the bank speed 

Permalink Reply by Skip Peel - Mineral Consultant on September 11, 2015 at 14:41

Mont Belvieu is the destination for natural gas liquids (NGLs).

Permalink Reply by Dry Hole on September 11, 2015 at 15:01

I suppose there must be a very good export MKT for NGLs abroad ?

Permalink Reply by Skip Peel - Mineral Consultant on September 11, 2015 at 15:17

Last time I checked NGL prices had fallen to about $0.50/Gal.  That would be about $21/Barrel or half the price of last year.  There is a glut and depressed prices in NGLs as there are in natural gas and oil.  Wet gas must be processed in a facility where the liquids are separated out.  The dry gas (tailgate) goes into a natural gas pipeline.  The NGLs can be transported by truck or go into a dedicated NGL pipeline.

NGLs have many uses and are largely responsible for the boom in new chemical plant construction.

Permalink Reply by GoRicky on September 12, 2015 at 7:44

I tell folks - NGLs are like Coleman fuel.  Burns great, but has no lubricating qualities. What costs more - a quart of gasoline (with a bunch of tax in it), or a quart of good motor oil?  The lubricating properties (including the effect of heat reduction) are the most desirable aspects of using "that bad old oil".  Of course, the most desirable aspect of burning NAT GAS for fuel is that it burns so cleanly.  Then, we can take the left-over CO2 & use it in our BB guns to run the deer out of our watermelon patches! - GR

Permalink Reply by Robert Craft on February 27, 2016 at 4:15

Friday's Baker Hughes Rig Map shows a rig just east of Crockett.
Any info on this rig, or is it a mapping mistake?
https://us.gis.connect.bakerhughes.com/rigcountweb/default2.aspx

Permalink Reply by Skip Peel - Mineral Consultant on February 27, 2016 at 4:30

Robert, my weekly rig report (RigData) shows no rig drilling or assigned in Houston or Trinity counties.  The is one rig drilling in Cherokee but it's just south of Troup, so north not east.   I suspect a mistake.

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