Author Topic: Once booming natural gas industry in midst of a bust  (Read 419 times)

0 Members and 1 Guest are viewing this topic.

Offline Rella

  • ..
  • Legendary Member
  • ******
  • Posts: 5936
  • Manna: 649
  • It was 6. Apparently now is up to 7.
Once booming natural gas industry in midst of a bust
« on: Fri Jan 03, 2020 - 20:27:31 »
@Jaime

Thought you might be interested in this, if you are not aware of what is going on in PA.

https://thealmanac.net/news/once-booming-natural-gas-industry-in-midst-of-a-bust/article_487b0fe7-58ea-5d58-a469-b933b302e395.html?utm_source=Almanac+Subscribers&utm_campaign=5cf2917c56-Almanac+Newsletter&utm_medium=email&utm_term=0_6f8d306242-5cf2917c56-153338885

As a side comment.

Marcellus shale never drilled in our township directly, although they did have some of the area, including our street surveyed this
past summer.

But their drilling has had a direct effect on the hydraulic pressure on the water around here and we now are getting water pushing up in the basement game room fireplace from the ground up and along the base of the foot high bricks where the hearth sits.
8 feet in from the nearest wall .

Yes, it can be fixed... to the tune of $30,000 from the only people who claim they can fix it and no insurance wont cover it.

And no was to prove that Marcellus drilling is the culprit.  ::headscratch::






Christian Forums and Message Board

Once booming natural gas industry in midst of a bust
« on: Fri Jan 03, 2020 - 20:27:31 »

Online Jaime

  • (Pronounced Hi-Me, not Ja-Me)
  • Global Moderator
  • *****
  • Posts: 35627
  • Manna: 776
  • Gender: Male
  • I AM A DEPLORABLE
Re: Once booming natural gas industry in midst of a bust
« Reply #1 on: Fri Jan 03, 2020 - 21:34:50 »
I strongly doubt the Marcellus drilling has anything to do with your water intrusion problem. The fracking is occurring about 1 mile to 2 miles deep and never affects ground water. From what I have read, there IS some coal bed gas deposits that are pretty shallow in Pennsylvania, but not commercial in quantities like the horizontal Marcellus wells and certainly the Marcellus wells are WAY deeper than can affect ground water with fracking. Also typically the frack radius away from the horizontal wellbore is only a couple of hundred feet.

Yes in the Permian, we are producing so much gas in our OIL wells, we have swamped the gas pipeline infrastructure. Producers have had to PAY for the pipelines to take their gas instead of the other way around. There is a lot of flaring out here because the price of the gas is so bad or none existent.

We produce casinghead gas along with the oil that we can get a decent price for so we take it in the shorts on the gas. We can’t just not produce the gas or shut in the gas because it comes MIXED WITH a butt load of crude oil, the comparatively reasonably priced commodity that we have in prolific quantities.
« Last Edit: Sat Jan 04, 2020 - 07:18:28 by Jaime »

Offline Rella

  • ..
  • Legendary Member
  • ******
  • Posts: 5936
  • Manna: 649
  • It was 6. Apparently now is up to 7.
Re: Once booming natural gas industry in midst of a bust
« Reply #2 on: Sun Jan 05, 2020 - 18:03:40 »
Jaime,

As our resident expert on this... I had someone email me this today...

Is it true?

have learned it's illegal for oil companys to export crude oil from the usa.
all exports must be a finished product, gas, diesel, motor oil, whatever.

Online Jaime

  • (Pronounced Hi-Me, not Ja-Me)
  • Global Moderator
  • *****
  • Posts: 35627
  • Manna: 776
  • Gender: Male
  • I AM A DEPLORABLE
Re: Once booming natural gas industry in midst of a bust
« Reply #3 on: Sun Jan 05, 2020 - 18:33:12 »
It’s not illegal, but used to be. We now export both crude oil and petroleum products.

The light sweet crude we produce from the Permian is more suitable for foreign refineries. Our own refineries are geared for heavier grade oil. Not every barrel of oil is equivalent. We import a lot of heavy oil and export a lot of light crude.
« Last Edit: Sun Jan 05, 2020 - 19:52:05 by Jaime »

Christian Forums and Message Board

Re: Once booming natural gas industry in midst of a bust
« Reply #3 on: Sun Jan 05, 2020 - 18:33:12 »
Pinterest: GraceCentered.com

Offline Rella

  • ..
  • Legendary Member
  • ******
  • Posts: 5936
  • Manna: 649
  • It was 6. Apparently now is up to 7.
Re: Once booming natural gas industry in midst of a bust
« Reply #4 on: Sun Jan 05, 2020 - 19:57:10 »
It’s not illegal, but used to be. We now export both crude oil and petroleum products.

The light sweet crude we produce from the Permian is more suitable for foreign refineries. Our own refineries are geared for heavier grade oil. Not every barrel of oil is equivalent. We import a lot of heavy oil and export a lot of light crude.

Thanks,

The one who sent that to me is a bit of a conspiracy follower... actually more then a bit.

Christian Forums and Message Board

Re: Once booming natural gas industry in midst of a bust
« Reply #4 on: Sun Jan 05, 2020 - 19:57:10 »



Online Jaime

  • (Pronounced Hi-Me, not Ja-Me)
  • Global Moderator
  • *****
  • Posts: 35627
  • Manna: 776
  • Gender: Male
  • I AM A DEPLORABLE
Re: Once booming natural gas industry in midst of a bust
« Reply #5 on: Sun Jan 05, 2020 - 20:29:06 »
Actually congress voted in December 2015 to drop the 4 decades long ban on crude oil exports at the request of Texas, Alaska and North Dakota.

https://money.cnn.com/2016/01/29/investing/us-oil-exports-begin/index.html
« Last Edit: Mon Jan 06, 2020 - 09:57:37 by Jaime »

 

     
anything