Standard Lithium Explains Its Direct Lithium Extraction Process - GoHaynesvilleShale.com2024-03-29T01:35:31Zhttps://gohaynesvilleshale.com/forum/topics/standard-lithium-explains-its-direct-lithium-extraction-process?commentId=2117179%3AComment%3A3988397&feed=yes&xn_auth=noThanks for the detail, Dion. …tag:gohaynesvilleshale.com,2021-07-17:2117179:Comment:39885142021-07-17T01:40:11.907ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Thanks for the detail, Dion. :-)</p>
<p></p>
<p>Thanks for the detail, Dion. :-)</p>
<p></p> Skip:
Although somewhat antiq…tag:gohaynesvilleshale.com,2021-07-16:2117179:Comment:39883202021-07-16T21:26:12.904ZDion Warr, CPLhttps://gohaynesvilleshale.com/profile/DionWarr
<p>Skip:</p>
<p>Although somewhat antiquated given the current state of processing, transport and sales of multiple upstream and midstream refined products, most oil and gas producing states still follow this formula and definition for "oil" and "gas", and taxes are assessed based on a definition of "oil" being petroleum products at industry standard measurement temperature and pressure (typically ±60ºF and ±14.7psi) in the liquid phase and "gas" being any other product produced in a vapor…</p>
<p>Skip:</p>
<p>Although somewhat antiquated given the current state of processing, transport and sales of multiple upstream and midstream refined products, most oil and gas producing states still follow this formula and definition for "oil" and "gas", and taxes are assessed based on a definition of "oil" being petroleum products at industry standard measurement temperature and pressure (typically ±60ºF and ±14.7psi) in the liquid phase and "gas" being any other product produced in a vapor phase in the same environment.</p>
<p>NGLs are not in the liquid phase at this standard. The heaviest NGL components (n-butane and isobutane) changes phase at normal pressure at around 40ºF. While butanes and propane are easily liquified at pressure, this is simply not the field standard. Typically, these products are not introduced at quantity in the sales and distribution gas stream as the pipeline companies restrict BTU content to no more than 1100MMBtu/mcf (and in many cases less), hence even ethane content tolerances can be severe.</p> Until there is interest in Lo…tag:gohaynesvilleshale.com,2021-07-15:2117179:Comment:39883972021-07-15T18:17:34.108ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Until there is interest in Louisiana brine wells, my concern will be for lack of specificity in lease language and a void in Louisiana Office of Conservation reporting regulations relating to natural gas liquids (NGL). Standard form leases do not mention them and companies are not required to report volumes to the state as is required for oil and gas. In all but a few rare cases, the Haynesville Shale does not produce NGLs. It is very dry gas. However there are plenty of Louisiana gas…</p>
<p>Until there is interest in Louisiana brine wells, my concern will be for lack of specificity in lease language and a void in Louisiana Office of Conservation reporting regulations relating to natural gas liquids (NGL). Standard form leases do not mention them and companies are not required to report volumes to the state as is required for oil and gas. In all but a few rare cases, the Haynesville Shale does not produce NGLs. It is very dry gas. However there are plenty of Louisiana gas wells that do produce NGLs. When we see a "gas" well that is reporting "oil", regularly or periodically, it is likely that the "oil" is condensate and wherever we see condensate, we should also think NGLs. The state lumps all liquids under "oil" for reporting production volumes.</p> interesting, and thanks. I g…tag:gohaynesvilleshale.com,2021-07-15:2117179:Comment:39882962021-07-15T17:51:52.485ZSteve Phttps://gohaynesvilleshale.com/profile/StevePorter
<p>interesting, and thanks. I guess this is where the lease term "and other minerals" comes in play.</p>
<p>I recall a posting on this blog, maybe by you, a year or two ago about this project and the lithium brine found in the Smackover formation.</p>
<p>I recall back in the 70's when the La. Legislature enacted a statute to make clear that the "and other minerals" did not include lignite which would be produced by surface mining.</p>
<p>interesting, and thanks. I guess this is where the lease term "and other minerals" comes in play.</p>
<p>I recall a posting on this blog, maybe by you, a year or two ago about this project and the lithium brine found in the Smackover formation.</p>
<p>I recall back in the 70's when the La. Legislature enacted a statute to make clear that the "and other minerals" did not include lignite which would be produced by surface mining.</p> Most of the leases or buy out…tag:gohaynesvilleshale.com,2021-07-15:2117179:Comment:39882722021-07-15T00:53:56.993ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Most of the leases or buy outs that have crossed my desk have been for Arkansas. The last one was a buy out offer for royalty under a 1976 lease. The brine industry has been around for a long time in that part of AR. Wikipedia excerpt:</p>
<p><em>"<b>Bromine production in the United States</b> of 225,000 tonnes in 2013 made that country the second-largest producer of bromine, after Israel. The US supplied 29 percent of world production. Since 2007, all US bromine has been produced by two…</em></p>
<p>Most of the leases or buy outs that have crossed my desk have been for Arkansas. The last one was a buy out offer for royalty under a 1976 lease. The brine industry has been around for a long time in that part of AR. Wikipedia excerpt:</p>
<p><em>"<b>Bromine production in the United States</b> of 225,000 tonnes in 2013 made that country the second-largest producer of bromine, after Israel. The US supplied 29 percent of world production. Since 2007, all US bromine has been produced by two companies in southern Arkansas, which extract bromine from brine pumped from the <a rel="nofollow" href="https://en.wikipedia.org/wiki/Smackover_Formation" title="">Smackover Formation</a>. At an advertised price of US$3.50 to US$3.90 per kg, the US 2013 US production would have a value of roughly US$800 million.</em></p>
<p><em>The two active bromine producers are <a rel="nofollow" href="https://en.wikipedia.org/wiki/Albemarle_Corporation" title="Albemarle Corporation">Albemarle Corporation</a> and <a rel="nofollow" href="https://en.wikipedia.org/wiki/Chemtura" title="Smackover Formation">Chemtura</a>, whose bromine operations together employ 950 people. Albemarle Corporation, whose corporate headquarters is in Charlotte, North Carolina, operates two main plants at Magnolia, in <a rel="nofollow" href="https://en.wikipedia.org/wiki/Columbia_County,_Arkansas" title="">Columbia County, Arkansas</a>, and some satellite plants in Union County. In 2007, Albemarle had capacity to produce 148,000 tons of bromine per year.</em></p>
<p><em>Chemtura, a Philadelphia-based corporation, operates four plants through its subsidiary, Great Lakes Solutions. Three plants are in the vicinity of El Dorado, and all in <a rel="nofollow" href="https://en.wikipedia.org/wiki/Union_County,_Arkansas" title="Union County, Arkansas">Union County, Arkansas</a>. In 2007, Chemtura had the capacity to produce 130,000 tonnes of bromine per year.</em></p>
<p><em>The new player is: <b>Standard Lithium chose south Arkansas as a key development target</b> due to its very large resource potential, with a well-studied and documented brine deposit. Combine this with a pro-business environment, a region with more than five decades for commercial brine production, the associated infrastructure; pipelines, well fields, low-cost power, road, rail and a highly skilled work force. This makes Standard Lithium’s south Arkansas project the perfect location for a modern lithium chemical company.</em></p>
<p>Standard Lithium has been the source of most of the media attention since it announced it's Lanxess Project. No mention that I have found so far on Louisiana Brine leases. Brine is a mineral and companies use standard form leases similar to O&G leases.</p> Does this 175,000 acres exten…tag:gohaynesvilleshale.com,2021-07-15:2117179:Comment:39881882021-07-15T00:40:50.018ZSteve Phttps://gohaynesvilleshale.com/profile/StevePorter
<p>Does this 175,000 acres extend into Union Parish, or is it just in Arkansas? Do the landowners own the brine underlaying their land, or is the brine "severed" from the surface? Considering the value of Lithium, I hope someone is making royalty off of this.</p>
<p>Does this 175,000 acres extend into Union Parish, or is it just in Arkansas? Do the landowners own the brine underlaying their land, or is the brine "severed" from the surface? Considering the value of Lithium, I hope someone is making royalty off of this.</p>