Issues of concern to people who live in the west: property rights, water rights, endangered species, livestock grazing, energy production, wilderness and western agriculture. Plus a few items on western history, western literature and the sport of rodeo... Frank DuBois served as the NM Secretary of Agriculture from 1988 to 2003. DuBois is a former legislative assistant to a U.S. Senator, a Deputy Assistant Secretary of Interior, and is the founder of the DuBois Rodeo Scholarship.
Wednesday, January 22, 2014
Encana slashing fuel costs by drilling with natural gas
Half of Encana Corp.’s drilling rigs are running on natural gas,
which will save the company $200,000 to $1.5 million in annual fuel
costs, the company’s CEO said during a Houston conference Tuesday. Speaking at World LNG Fuels 2014,
Encana CEO Doug Suttles touted the Canadian oil and gas producer as a
leader in using natural gas to power drilling rigs, hydraulic fracturing
equipment, and even pickup trucks. About 30 percent of Encana’s pickup
truck fleet run on natural gas, he said. Encana can save between $1 million and $1.5 million in annual fuel
costs by using natural gas tapped directly from wells, Suttles said. The
company saves less — between $200,000 and $250,000 — if it powers its
equipment with liquefied natural gas trucked to well sites from plants,
he said. Encana’s decision to use natural gas to power oil field operations
wasn’t based solely on the producer’s own interest in the fuel.
Environmental regulations drove the company to pursue the option when
developing a well in southern Wyoming, Suttles said. “It started about meeting permit regulations, in particular (nitrous
oxide) requirements that the (Bureau of Land Management) presented to
us,” he said...more
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