IN 2006 in the US the records show tehy Flared/Vented 129,701 MILLION cubic ft Of Natural Gas. this is available at.http://tonto.eia.doe.gov/dnav/ng/ ng_prod_sum_dcu_NUS_a.htm If you go up to search and type in ND gas flaring , you will get the ND results. don
On Sep 29, 2:59 am, elwood <[EMAIL PROTECTED]> wrote: > claraevju typed "...how much (MCF) of gas is burned off at each > well..." > > by my estimate, that is about 11,500 mcf/day in the parshall field, > including confidential wells, for july, '08. about 1,500 mcfd are > being sold. > > given the apparent rapid pressure decline in parshall, maybe it would > make sense to re-inject this gas instead of a pie in the sky co2 huff > 'n puff. > > On Sep 28, 10:13 pm, claraevju <[EMAIL PROTECTED]> wrote: > > > > > Hi, you all have confirmed that there is a value to all the Nat. Gas > > that now is being flared at possibly 100's of wells. I understand that > > ND law allows flaring if no pipe line is in the area of the well. And > > after one year then royalties must be paid. This seems to be a big > > waste of energy in my mind. > > > There should be small units that use nat gas as fuel to power a 25-30 > > hp engine with a compressor unit, to pump the gas into a tanker > > trailor. And these be swapped out with an empty trailor and hauled to > > that new gas plant. In the same manner that ND Port Services is > > setting up between Stanley and Minot to haul oil. > > > Granted I dont know how much (MCF) of gas is burned off at each well. > > But by the looks of some of the photos that have been posted here and > > other sites some are darn big. > > > But I do know if there was a crud oil leak of equal value, it would be > > fixed now !! > > > Just my thoughts. > > > On Sep 27, 4:38 am, David <[EMAIL PROTECTED]> wrote: > > > > We see gas trading in the $8 per mcf range lately. Near term oil > > > contracts on the NYMEX have been running around $106 per bbl, and at > > > the wellhead Bakken crude is probably running in the low $90 range > > > now. If your 6:1 ratio is right, $8 gas is roughly energy equivalent > > > to $48 crude. That seems a little low--crude is either overpriced or > > > nat gas is under priced based only on energy content. > > > > Boone Pickens has been saying in his ads that if we had the > > > infrastructure to deliver nat gas to drivers, cars could run on that > > > at about 60% of the cost of gasonine made from crude. > > > > The US has a large supply of nat gas and Pickens' basic argument is > > > correct. > > > > The catch is that nat gas is really expensive to move from the > > > wellhead and deliver to motor vehicles at a service station. > > > Apparently its basically impractical and all but impossible to truck > > > raw nat gas from the wellhead to a refinery. Hence all the flaring in > > > the Bakken. > > > > The only practical way to move it is via a pipeline to a nat gas > > > processing plant, ideally a plant pretty close to the source. W/O the > > > infrastructure investment you are out of luck. > > > > On the plus side, setting up a small-scale nat gas processing plant is > > > apparently not nearly as complex nor costly as setting up a small- > > > scale oil refinery. It looks to me that the equipment needed to get > > > the plant running can basically be trucked in and set up to operate > > > within the space of a few months if a company sets its mind to it. > > > > There is a ready market for nat gas to heat homes,but the fueling of > > > mobile powerplants is tricky, because of the changes needed in the > > > service stations as well as in the vehicles themselves. So Picken's > > > plan to substitute nat gas for crude-derived gasoline is not quite as > > > easy or quick as he makes it out to be. > > > > The use of nat gas by homowners and industry is pretty much a known. > > > Nat gas prices at any point in time are largly supply determined, and > > > even a small increase in supply can cause prices to drop > > > significantly. But if you suddenly create a new demand for nat gas to > > > power motor vehicles, nat gas will soon not be as cheap as it is > > > currently relative to the price of crude and ordinary gasoline. > > > > Still the US has a large supply of nat gas that can be tapped more > > > heavily pretty easily, and more of this would quickly come out of the > > > ground if nat gas prices increased substantially above current levels. > > > > I wish there were free lunches but there are not. > > > > David > > > > On Sep 26, 10:50 pm, DepME <[EMAIL PROTECTED]> wrote: > > > > > Yes, a great discussion and thanks for the link Liz. > > > > > Just so I know I have this correct.... > > > > > 3600 MCF of gas would be approximately 600 barrels of oil. Correct? > > > > > On Sep 26, 12:45 pm, Bri-VA <[EMAIL PROTECTED]> wrote: > > > > > > The conversion ratio is a generalization between the relative value > > > > > for producing electricity as some plants are able to use multiple fuel > > > > > sources to produce electricity. They think in terms of dollars per > > > > > BTU to make a decision on what they will burn. Obviously, the high > > > > > cost of oil make natural gas a more profitable source for producing > > > > > electricity. This is why Natural gas should have good growth > > > > > potential in the near future and also why many leases are being signed > > > > > for natural gas production in other states that formerly were being > > > > > ignored. 6 to 1 is the general rule as I have heard it. > > > > > > On Sep 25, 4:00 pm, DepME <[EMAIL PROTECTED]> wrote: > > > > > > > Can anyone give me a general rule to convert the MCF gas figure into > > > > > > equivalent barrels of oil.- Hide quoted text - > > > > > - Show quoted text -- Hide quoted text - > > > > - Show quoted text -- Hide quoted text - > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Bakken Shale Discussion" group. 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