Here's an interesting article from West Texas...
https://www.mrt.com/business/oil/article/Natural-gas-powering-compu...
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Any process that uses what would be "waste" gas is welcome. Electric fracking equipment (E-Frac) runs on natural gas and cuts completion costs. Unfortunately it is a $60M investment to place one in service. An investment that is beyond the reach of many companies that have been squeezed for years and now must face the down turn in well completions.
https://www.reuters.com/article/us-usa-oil-electric-fracturing-focu...
supercomputers are power hogs, and there is a nation-wide effort underway for COVID-16 research that is utilizing super-computing systems. I doubt that any of those centers are too worried about power costs, but this is a fine gesture anyway. Great PR.
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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