Business & Investing
Sponsored by

Houston..we have a problem....

7,313,490 Views | 28750 Replies | Last: 5 hrs ago by Bibendum 86
cptthunder
How long do you want to ignore this user?
Goose06 said:

cptthunder said:

Ran across these guys just last week.
Anyone ever have any experience with them?
aquacat water.com (take the space out between cat and water, stupid filters)
Some of the permits they claim to have seem very interesting.
I don't know anything about them. But they say on their website: "The only MOBILE wastewater treatment system that can reclaim over 100 million gallons of freshwater per year.". Converted to barrels per day thats 6,523. The typical disposal well can dispose of about 20,000 bpd in the Permian so I guess I find that stat a bit disingenuous.


I don't know anything more then what I've found on their website and a few other videos. I haven't seen any other videos out there of a company discharging water directly onto open land(atleast on purpose) which caught my eye
BiochemAg97
How long do you want to ignore this user?
AG
Goose06 said:

cptthunder said:

Ran across these guys just last week.
Anyone ever have any experience with them?
aquacat water.com (take the space out between cat and water, stupid filters)
Some of the permits they claim to have seem very interesting.
I don't know anything about them. But they say on their website: "The only MOBILE wastewater treatment system that can reclaim over 100 million gallons of freshwater per year.". Converted to barrels per day thats 6,523. The typical disposal well can dispose of about 20,000 bpd in the Permian so I guess I find that stat a bit disingenuous.


That sounds like their "smaller unit" @ 5000bpd. Website also mentions New units can treat 600,000 to 700,000 gallons (15,000 barrels) of water per day.
topher06
How long do you want to ignore this user?
BiochemAg97 said:

Goose06 said:

cptthunder said:

Ran across these guys just last week.
Anyone ever have any experience with them?
aquacat water.com (take the space out between cat and water, stupid filters)
Some of the permits they claim to have seem very interesting.
I don't know anything about them. But they say on their website: "The only MOBILE wastewater treatment system that can reclaim over 100 million gallons of freshwater per year.". Converted to barrels per day thats 6,523. The typical disposal well can dispose of about 20,000 bpd in the Permian so I guess I find that stat a bit disingenuous.


That sounds like their "smaller unit" @ 5000bpd. Website also mentions New units can treat 600,000 to 700,000 gallons (15,000 barrels) of water per day.
Some areas always do stuff like this. The federal government and the environmental groups also use that method. 42 million gallons sounds a lot worse than 1 million barrels.. its only a matter of time until that is reported as 5.3 billion ounces

EDIT: This is also always typed out - so 42,000,000 gallons as opposed to 42 million.
ChemAg15
How long do you want to ignore this user?
AG
As a general rule, any number reported in gallons can be dismissed.
topher06
How long do you want to ignore this user?
Anyone here at a company that is able to capitalize on this Rockies area gas being so elevated for most of the month? Looks like tomorrow's daily pricing may be the highest yet, at least in some areas.
La Bamba
How long do you want to ignore this user?
AG
Dan Scott said:

ExxonMobil now has a higher market cap than Tesla.

Nature finally heals itself.
HouAggie
How long do you want to ignore this user?
AG
topher06 said:

Anyone here at a company that is able to capitalize on this Rockies area gas being so elevated for most of the month? Looks like tomorrow's daily pricing may be the highest yet, at least in some areas.

Yes. Loving it.
ag94whoop
How long do you want to ignore this user?
AG
Anyone work for Marathon?
I have a couple of questions with regards to royalties and practices etc.
Boy Named Sue
How long do you want to ignore this user?
AG
ag94whoop said:

Anyone work for Marathon?
I have a couple of questions with regards to royalties and practices etc.
I don't, but I'm a Board Certified O&G attorney. Shoot me a DM if you have any questions I might be able to help with.
bullfrog1
How long do you want to ignore this user?
AG
Anybody familiar with Chesapeake sale in Burleson and Washington counties?
Ag in tu land
How long do you want to ignore this user?
AG
bullfrog1 said:

Anybody familiar with Chesapeake sale in Burleson and Washington counties?


No but inquiring minds want to know.
birdman
How long do you want to ignore this user?
bullfrog1 said:

Anybody familiar with Chesapeake sale in Burleson and Washington counties?
It has been for sale for long time. Pretty sure that it is bundled with Eagleford acreage in South Texas. EOG was the potential buyer that I've heard. Then I think EIOG punts the Burleson area.
bullfrog1
How long do you want to ignore this user?
AG
From what I heard, which is 3rd handed at best, magnolia was offering to take the Washington Co portion from whoever got the package.
Cartographer
How long do you want to ignore this user?
Lots of rumors, nothing concrete. The Washington/burleson side has attention and the whole thing has attention from everything I'm hearing but with recent declines in prices from when they announced, I'd be shocked if they get numbers like what they expect.

But just like all things CHK, it'll be better for the buyer than for the seller.

I still don't understand why people keep giving them billions.
Cyp0111
How long do you want to ignore this user?
As with every CHK asset divestiture, what does the midstream side of the equation look like.
birdman
How long do you want to ignore this user?
Midstream isn't bad. Chesapeake had nothing to do with those contracts.

The leasehold is Swiss cheese. Chesapeake didn't take any leases for several years. They also didn't maintain stripper wells so lots of acreage lapsed.
topher06
How long do you want to ignore this user?
Know any specifics would be tied to the exact type of rig so that won't be able to be answered, but can anyone share what percentage of operating rate they are seeing for standby rates for onshore rigs? Of course, the rig guys want 100% but I know it can be lower than that I just don't know how low. Thanks.
htxag09
How long do you want to ignore this user?
AG
topher06 said:

Know any specifics would be tied to the exact type of rig so that won't be able to be answered, but can anyone share what percentage of operating rate they are seeing for standby rates for onshore rigs? Of course, the rig guys want 100% but I know it can be lower than that I just don't know how low. Thanks.

In this market, I believe 100% operational rate is pretty standard for standby. Depending on rig, standby used to be at a slight discount, but don't think that's the case anymore…
Comeby!
How long do you want to ignore this user?
AG
I think that's correct although there's a difference between standby time due to the operator and rig up/rig down days. I've been able to cap those days in order to incentivize them to be ready to spud or get off the location quickly.
topher06
How long do you want to ignore this user?
Thanks for the info on standby rates.

Regarding Freeport LNG... guess what... more delays (months more).

Freeport LNG Restart Likely Delayed Months, Consultant Says (1) (bloomberglaw.com)
Cyp0111
How long do you want to ignore this user?
What is going on with the Freeport situation is not ideal. That coupled with warmer start to January and HH has gotten smoked.
topher06
How long do you want to ignore this user?
Pretty much confirms the federal government is actively trying to kill oil and gas, not just phase out of it slowly. If natural gas is targeted despite it being a relatively green energy source (particularly when exported to replace massive greenhouse gas sources elsewhere in the world), there is no other explanation. This isn't about safety, no one got hurt in that incident.
sushi94
How long do you want to ignore this user?
AG
The FLNG situation is about correcting the human error that occurred. PHMSA has to be satisfied that FLNG has put all procedures in place to make sure that it never happens again. Somebody forgot to open a valve and others ignored visual and audible signs of an issue and failed to take a controlled shut down. PHMSA has nothing to gain by rushing a restart until the operator proves their culture of safety is corrected IMO. Nothing to do with the commodity price.
Sea Speed
How long do you want to ignore this user?
AG
Those Freeport harbor pilots are gonna be destitute when this finally shakes out.
AgLA06
How long do you want to ignore this user?
AG
I doubt it. It's still extremely busy.
Cyp0111
How long do you want to ignore this user?
as we check notes.... and they approve the facility in late March after the US winter is largely over.
Ragoo
How long do you want to ignore this user?
AG
sushi94 said:

The FLNG situation is about correcting the human error that occurred. PHMSA has to be satisfied that FLNG has put all procedures in place to make sure that it never happens again. Somebody forgot to open a valve and others ignored visual and audible signs of an issue and failed to take a controlled shut down. PHMSA has nothing to gain by rushing a restart until the operator proves their culture of safety is corrected IMO. Nothing to do with the commodity price.
possibly. But a misalignment of valves isn't so much an operator failure as it is a PHA/Hazop failure and control system architecture failure.

Very clearly the process wasn't adequately protected from this misalignment.
cone
How long do you want to ignore this user?
AG
lol nope
Ragoo
How long do you want to ignore this user?
AG
Did an operator close a valve incorrectly? That would be an inadequate MOC policy.
cone
How long do you want to ignore this user?
AG
https://www.eenews.net/articles/hubris-lng-plant-officials-saw-trouble-days-before-blast/

Quote:

The managers brought in an outside engineer to troubleshoot the problem with the pipe the day before the explosion. But the fire marshal's report says that "someone did not listen to him and react to the pipe moving."

The pipe was filled with liquefied natural gas and was likely blocked for four days by an improperly closed relief valve, causing pipes to move on their support structure as pressure built up, according to the investigator's report.
Ragoo
How long do you want to ignore this user?
AG
A closed valve on a relief device is bad MOC policy. That valve should have been car-sealed open. Additionally, the PSV is not the only safety credit allowed during a HAZOP. That process should also include a Pressure transmitter tied to the safety shutdown system with a high high set below the psv set pressure.

Appears to be many levels of failure from the start. Doesn't begin and end with "well we told them the pipe was moving".
Ogre09
How long do you want to ignore this user?
AG
Don't **** up and the moron feds won't come digging into your business is my takeaway.
topher06
How long do you want to ignore this user?
Ogre09 said:

Don't **** up and the moron feds won't come digging into your business is my takeaway.
Yes they absolutely will. You operate mainly on non-federal lands? That would reduce some of the exposure, although certainly not reducing exposure on the weaponized EPA.
Sims
How long do you want to ignore this user?
AG
Ogre09 said:

Don't **** up and the moron feds won't come digging into your business is my takeaway.

I may only be one person but in executive roles in the following industries, I have been party to Feds (or state agencies) digging into our business when no law had been broken nor complaint made.

Mining - MSHA
Manufacturing - TRRC, OSHA, DOL, EPA, TCEQ
Banking - OCC, CFPB

Unless the business is very small, you can be virtually certain you will be visited by some regulatory agency absent any contributing factors.
sts7049
How long do you want to ignore this user?
AG
Ragoo said:

A closed valve on a relief device is bad MOC policy. That valve should have been car-sealed open. Additionally, the PSV is not the only safety credit allowed during a HAZOP. That process should also include a Pressure transmitter tied to the safety shutdown system with a high high set below the psv set pressure.

Appears to be many levels of failure from the start. Doesn't begin and end with "well we told them the pipe was moving".
you are right, but also acceptance criteria and risk tolerance varies by company too. their standards could have been OK with a single hardware barrier, and that doesn't mean it's necessarily wrong.

hazops are never perfect exercises. i have lost count how many times a project will want to hazop a design and then lose control of change management during a project, leading to scenarios that were never envisioned.

the MOC process is as only as good as the people who follow it.
First Page Last Page
Page 750 of 822
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.