Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: dvdw© who wrote (1020)	6/27/2013 11:11:33 AM
From: dvdw©	Respond to of 1580

Outtake from previous article worth noting....EXport the deficit,is the news . Additionally, we think the Cline will support over 50,000 jobs during the exploration phase, which could last upwards of 20 years."The Cline shale is approximately 200 to 550 feet thick with total organic content of between 2 and 8 percent and a porosity of five to 12 percent, has produced light sweet crude with an American Petroleum Institute gravity of 38 to 42 degrees, similar to the Eagle Ford

To: dvdw© who wrote (1020)	7/5/2013 10:43:55 PM
From: dvdw©	Respond to of 1580

ALBUQUERQUE, N.M. (AP) -- The federal government has given the green light to a proposal to build 234 miles of pipeline to transport natural gas liquids from one corner of New Mexico to the other and ultimately to markets in South Texas. The Bureau of Land Management's approval of the Western Expansion Pipeline III project comes just a week after President Barack Obama unveiled his plan for combating climate change, part of which included boosting the role of natural gas in energy production. News of the pipeline's approval encouraged oil and gas developers in New Mexico, which is home to portions of both the Permian and San Juan basins. "These projects aren't just built for the conditions at the moment. They're long-term investments," said Wally Drangmeister, a spokesman for the New Mexico Oil and Gas Association. "I think it's a good sign that some investment is going in that will support the state." The $320 million project will transport natural gas liquid products from northwestern New Mexico to a hub in Hobbs in the southeastern corner of the state and ultimately to Texas to help meet existing and future demand. With production increasing in the San Juan Basin and in the Rocky Mountains, Mid-America Pipeline Co.'s existing system is nearing capacity. Currently, the system can transport about 275,000 barrels per day, but more wells are going into production in New Mexico, Wyoming, Utah and Colorado. With the new pipeline through New Mexico, Mid-America said its capacity would be boosted to about 350,000 barrels per day. The Bureau of Land Management said this week's decision to approve the Western Expansion Pipeline project comes after a review of public comments and potential environment effects. The agency looked at everything from the location of prairie dog burrows, cactus groves and groundwater wells to the effects on raptors and other bird species. The new pipeline will follow an existing corridor across a dozen New Mexico counties and connect to adjacent and parallel pipelines through a network of valves. The system will cross a combination of BLM land, Navajo and Zia Pueblo lands as well as state and private lands. Mid-America Pipeline said work on the project could start as early as this summer. Construction could take up to nine months to complete.

To: dvdw© who wrote (1020)

11/18/2013 7:41:54 AM

From: dvdw©

Read Replies (1) | Respond to of 1580

The Cline will be huge!

To: Dennis Roth who wrote (181384)	11/17/2013 3:50:01 PM
From: RevoltNapper6	of 181392

Cline Shale -- mineralrightsforum.com Conclusions The Cline Shale is a small subset of development opportunities offered by the Permian. (In fact, one of the reasons the Cline play has gained strong momentum, Cline wells provide the advantage of holding by production the entire mineral stack above it as well as helps to map out with a great degree of precision all target intervals above it). Early results in the Cline are truly impressive (so are results in the more actively drilled Wolfcamp interval). There is very little doubt already at this point that both the Wolfcamp and the Cline will become large-scale, highly economic plays and significant contributors to the U.S. unconventional oil production. Pioneer's wells establish that the Cline is most likely highly prolific all the way across the basin and effectively de-risk an enormous area with dimensions of approximately 80 miles by 40 miles. Recent SM Energy's (SM) Dorcus well results and discussion show that the play likely works even further west, almost all the way to the edge of the Midland Platform.