SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : RGBL.OB RG Global Lifestyles, Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: GC4/30/2008 10:02:42 AM
  Read Replies (1) of 337
 
CBM water volume grows

By DUSTIN BLEIZEFFER
Star-Tribune energy reporter

Tuesday, February 20, 2007 3:55 PM MST

Coal-bed methane production is on the rise in the Powder River Basin, and along with it comes more water.

With the industry facing the problem of having more water than can be put to beneficial use, others are presenting some potential solutions.

The Wyoming Pipeline Authority has set out to answer the question of whether it makes commercial sense to pipe water produced from coal-bed methane wells to a treatment-and-injection site or to the Big Horn or North Platte rivers. Pipeline officials are seeking nonbinding estimates from coal-bed methane producers of how much water they could put into a water pipeline project.

During a meeting in Casper Tuesday, Pipeline Authority director Brain Jeffries said the scenario is based on piping 100 million barrels of water per day at a cost of 30 cents per barrel.

"The reaction was that 30 cents seems on the high side of some of our current alternatives," Jeffries said.

However, there's some additional value in adding a water pipeline to the industry's water management methods. Jeffries said many companies like the fact that the pipeline would give them some regulatory certainty. The industry currently faces a great deal of uncertainty about water management requirements because of ongoing litigation between the states of Wyoming and Montana.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext