When Worlds Collide

When Worlds Collide

Newly crowned as the world’s richest man, Elon Musk enjoys two great passions—space exploration and the environment. Combining the two might first appear at odds but, hey, when you’re a visionary worth $201.4 billion even the unlikeliest pair can make total sense. Reese Energy Consulting today is following the latest news out of Musk World with the entrepreneur’s announcement to award a lucky winner $100 million for the best carbon capture technology, which Musk will use to produce synthetic rocket fuel. Now, the race is afoot to determine which—if any—of the current tech mixes are prize contenders, but you can bet global engineers with ideas of their own are stockpiling matches and midnight oil. Meanwhile in Texas, Musk and his SpaceX intergalactic enterprise look to drill gas wells on the company’s 806-acre oil lease near its Boca Chica launchpad, with plans to use methane, along with liquefied oxygen, to power engines on the new Starship rocket. The Starship’s first flight to Mars could launch as early as 2024.

 

SpaceX

Space Exploration Technologies Corp. is an American aerospace manufacturer and space transportation services company headquartered in Hawthorne, California. It was founded in 2002 by Elon Musk with the goal of reducing space transportation costs to enable the colonization of Mars.

www.spacex.com

What do you think? Learn more about REC and our natural gas and midstream services here on Planet Earth at www.ReeseEnergyConsulting.com.

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All Fired Up

All Fired Up

Mike Hopkins has powerful plans for N.D. The CEO of Bakken Midstream Natural Gas in Bismark is an accomplished entrepreneur, attorney, and business executive whose numerous successes read like a Who’s Who of industry captains. After developing 54 natural gas-fired power plants around the world, Hopkins now looks to apply his ingenuity in the Williston Basin—and he has $25 million to do it. Reese Energy Consulting today is following the latest news from Bakken Midstream, which has signed its first ethane supply term sheet to support a large-scale baseload power plant. Three years in planning, the proposed Williston Basin Energy Center will be the largest electrical plant of its kind to leverage advanced combustion turbine technology that uses ethane as the primary fuel. The company also plans to develop other “value-added” natural gas infrastructure projects in N.D., that harness the state’s plentiful gas resources, including power generation and pipelines.

Bakken Midstream

Bakken Midstream believes that the State has the potential to become a world-class leader in value-added natural gas related products. North Dakota has tremendous natural gas resources. What’s lacking is natural gas infrastructure, in particular infrastructure for value-added products. The mission of Bakken Midstream is to develop and own that infrastructure.

bakkenmidstream.com

What do you think? Learn more about REC and our natural gas expertise at www.ReeseEnergyConsulting.com.

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Just Add Water

Just Add Water

Marvin Nash, a Wyo., cowboy with a storied history as wide as his full-brim hat, has developed an oilfield wastewater repurpose system that essentially rewrites the script for produced water management in arid climes. Reese Energy Consulting today visited with Nash and his company, Encore Green Environmental, which launched its pilot project in September after a call from a Wyo., wildcatter who told Nash, “I’ve got 50,000 Bbls of water in a pond and it’s gonna cost me $4-5 bucks per barrel to haul it off.” Nash said, “I can do it for half.” And he did. But that’s not the full story. EGE’s Conservation by Design system not only eliminates the need for disposal injection but irrigates land with treated produced water via mobile storage tanks and sprinklers—all in proximity to the wellsite. The process sequesters carbon, promotes photosynthesis through new vegetation, and reduces the impact of climate change. “Smart E&Ps understand the next midstream partner is the landowner himself,” Nash says. With 40% of the nation considered arid and thirsty, he’s now out to introduce his system in Texas and N.M.

 

Encore Green Environmental

Encore Green Environmental’s patent-pending methodology, Conservation By-Design™, brings the perfect storm together for unprecedented environmental and industrial results.

www.encoregreenenvironmental.com

What do you think? Learn more about REC and our midstream services at www.ReeseEnergyConsulting.com.

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