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Politics : Peak Oil reality or Myth, of an out of Control System -- Ignore unavailable to you. Want to Upgrade?


To: dvdw© who wrote (638)12/21/2011 5:12:01 PM
From: dvdw©Read Replies (2) | Respond to of 1580
 
Prediction about how demand for wellhead operations power will be filled........... the ability to use what would be flared gas, to power a Pad with 3 wells reshapes the economics of operations in the Bakken from the oil industry past. the below outtake captures a few of the salient points.

The no locate function is currently in operation across this investment space....entity or entities are running programs.....rinse function is sustained by eoy tax loss selling. one can only guess when clearing the backlog of unfilled unlocated shares will accumulate to the levels of embarrassment. price remains an artifact of prevailing systems intent.

The objective of the microturbine and ORC deployment is to increase the level of associated gas utilization in Tatarstan's oil fields in compliance with the Russian government's resolution and declaration to decrease atmospheric pollution from gas flaring dated January 8, 2009. Associated gas utilization for power will allow Russian Oil and Gas customers to avoid emissions penalties and to significantly reduce power costs at the oil field level. The electricity generated by the microturbines covers nearly all the energy needs of the oil field and allows the site to use the electric grid as a backup power source for peak loads. This configuration not only increases reliability, but also decreases the cost of electricity substantially when compared with the local electric utility rates.