LNG Option For Stranded Gas Wells (no pipeline) - GoHaynesvilleShale.com2024-03-28T18:55:27Zhttps://gohaynesvilleshale.com/forum/topics/lng-option-for-stranded-gas-wells-no-pipeline?commentId=2117179%3AComment%3A3909978&feed=yes&xn_auth=noTransporting many forms of hy…tag:gohaynesvilleshale.com,2020-06-14:2117179:Comment:39101512020-06-14T15:13:01.750ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Transporting many forms of hydrocarbons carries risk. The crude coming out of the Bakken has high vapor pressure and was responsible for the horrific train accident that almost wiped out the small town of Casselton, ND. And another Bakken crude train exploded in Canada. Both of those wrecks have details which are important and bring up the subject of regulations that might address the dangers. I don't think that the US cuts as many corners or takes as many safety risks as China but that…</p>
<p>Transporting many forms of hydrocarbons carries risk. The crude coming out of the Bakken has high vapor pressure and was responsible for the horrific train accident that almost wiped out the small town of Casselton, ND. And another Bakken crude train exploded in Canada. Both of those wrecks have details which are important and bring up the subject of regulations that might address the dangers. I don't think that the US cuts as many corners or takes as many safety risks as China but that has become an open question with mass deregulation.</p>
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<p><a href="https://www.twincities.com/2018/12/29/5-years-after-n-d-oil-train-derailment-some-changes-made-others-opposed/" target="_blank">https://www.twincities.com/2018/12/29/5-years-after-n-d-oil-train-derailment-some-changes-made-others-opposed/</a></p>
<p></p> Trucking LNG is only good unt…tag:gohaynesvilleshale.com,2020-06-14:2117179:Comment:39101482020-06-14T15:00:30.772ZGreg Whitsonhttps://gohaynesvilleshale.com/profile/GregWhitson
<p>Trucking LNG is only good until there is a wreck. Looks like China is finding that out.</p>
<p><a href="https://www.foxnews.com/world/china-tanker-truck-explosion-zhejiang-province-deadly-crash">https://www.foxnews.com/world/china-tanker-truck-explosion-zhejiang-province-deadly-crash</a></p>
<p>Trucking LNG is only good until there is a wreck. Looks like China is finding that out.</p>
<p><a href="https://www.foxnews.com/world/china-tanker-truck-explosion-zhejiang-province-deadly-crash">https://www.foxnews.com/world/china-tanker-truck-explosion-zhejiang-province-deadly-crash</a></p> I found this statement of int…tag:gohaynesvilleshale.com,2020-06-12:2117179:Comment:39099462020-06-12T13:24:55.387ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>I found this statement of interest.</p>
<p><em>Additionally, Edge LNG expects this deal to <span style="text-decoration: underline;">generate surplus LNG beyond these agreements, allowing it to expand its customer base</span>.</em></p>
<p>I suspect that the peripheral market for LNG is growing. In the past I can only imagine a re-gasification process for pipeline delivery to existing end users. Now there are other potential end users. LNG can be used to fuel frac pumps and can be used for…</p>
<p>I found this statement of interest.</p>
<p><em>Additionally, Edge LNG expects this deal to <span style="text-decoration: underline;">generate surplus LNG beyond these agreements, allowing it to expand its customer base</span>.</em></p>
<p>I suspect that the peripheral market for LNG is growing. In the past I can only imagine a re-gasification process for pipeline delivery to existing end users. Now there are other potential end users. LNG can be used to fuel frac pumps and can be used for marine fuel now. For EXCO and other companies that produce natural gas as a by product of oil production, this would not need to be a significant profit center as long as it is a net gain. And there is PR value in the fact that it eliminates flaring.</p> Great concept for all that st…tag:gohaynesvilleshale.com,2020-06-12:2117179:Comment:39100132020-06-12T13:13:09.309ZRock Manhttps://gohaynesvilleshale.com/profile/MarkP
<p>Great concept for all that stranded gas. The technology has been there since at least the late 1990's.</p>
<p>But the drawback then was cost. For the Fort Stockton area (California) operation I was involved with, the "gathering and transport fees" to liquify the gas and truck it off was over 75% of the gas price at that time. </p>
<p>Not a lot left for the operator - especially if they could not pass along these fees to "cost free" royalty owners.</p>
<p>And one other concern - this could…</p>
<p>Great concept for all that stranded gas. The technology has been there since at least the late 1990's.</p>
<p>But the drawback then was cost. For the Fort Stockton area (California) operation I was involved with, the "gathering and transport fees" to liquify the gas and truck it off was over 75% of the gas price at that time. </p>
<p>Not a lot left for the operator - especially if they could not pass along these fees to "cost free" royalty owners.</p>
<p>And one other concern - this could put a lot of LNG tanker traffic on the roads.</p>
<p>I'd love to see some cost data from this operation in various areas.</p> And many other interesting qu…tag:gohaynesvilleshale.com,2020-06-11:2117179:Comment:39099782020-06-11T15:20:42.632ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>And many other interesting questions regarding the technology/service.</p>
<p>"A world-first solution to flaring, venting and stranded wells</p>
<div class="fusion-text white-text no-margin spacing-bottom-small"><p>Trillions of cubic feet of natural gas are flared, vented or left stranded due to a lack of takeaway capacity or economic alternatives. The Edge LNG gathering virtual pipeline offers a transformative new solution – capturing and converting associated and stranded gas into LNG. No…</p>
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<p>And many other interesting questions regarding the technology/service.</p>
<p>"A world-first solution to flaring, venting and stranded wells</p>
<div class="fusion-text white-text no-margin spacing-bottom-small"><p>Trillions of cubic feet of natural gas are flared, vented or left stranded due to a lack of takeaway capacity or economic alternatives. The Edge LNG gathering virtual pipeline offers a transformative new solution – capturing and converting associated and stranded gas into LNG. No pipeline, no problem."</p>
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<p><a rel="nofollow noopener" href="https://edgelng.com/" target="_blank">https://edgelng.com/</a></p>
<p></p> Wow! That's neat! I'd like…tag:gohaynesvilleshale.com,2020-06-11:2117179:Comment:39099102020-06-11T15:16:25.630ZMister Sundayhttps://gohaynesvilleshale.com/profile/KeithLFancher
<p>Wow! That's neat! I'd like to see that. I wonder how many skids it comes in on?</p>
<p>Wow! That's neat! I'd like to see that. I wonder how many skids it comes in on?</p>