Frozen. No Longer Just a Disney Movie

Frozen. No Longer Just a Disney Movie

One of our Reese Energy Consulting team members received this question yesterday: “I live in Wyoming and we’ve never experienced anything like the number of frozen wells and gas plants in Texas. What’s up?” REC reached out to our friend Justin Mecklenburg, CEO of Okla.-based NeoInsulation, for an answer. Mecklenburg echoes The Houston Chronicle’s latest report as a lack of winterization—especially insulation—on vulnerable back pressure and ball valves and pipes that simply can’t withstand 7-14 days of prolonged exposure to Arctic temps and ice. Old-school insulation without heat trace, he says, won’t cut it—something Texas and Okla., found out the hard way with frozen wells and gas plants. Neo’s patented insulation along with heat trace technology have resulted in more than 3,000 zero-fail installations, including current operations still humming along in both states. It’s a small investment, Mecklenburg adds, when you consider losing thousands if not millions a day.

Neoinsulation

NeoInsulation provides revolutionary, state of the art protective solutions for the oil & gas and industrial industries through its patented insulation applications.

www.neoinsulation.com

What do you think? Learn more about Reese Energy Consulting and our natural gas, LNG, and midstream expertise and services at www.ReeseEnergyConsulting.com.

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Lighter Than Air

Lighter Than Air

Situated near the Colorado-Kansas border, the Ladder Creek System is one of a few gas processing plants in the U.S. that also extracts, purifies, and liquefies a vast amount of helium. With 700 miles of pipeline across some of the most helium-rich gas regions in the nation, Ladder Creek has the capacity to process up to 1.5 MMCFD of the stuff with purity levels of 99.999%. The U.S. also happens to be the world’s largest supplier of helium used across the globe in everything from MRI magnets and semis-conductor chips, to computer hard drives, microscopes–and, of course–balloons. Reese Energy Consulting today is following the latest news from Colo.-based Tumbleweed Midstream, which is set to become a whole lot busier with a new 10-year sales contract valued at more than $500 million. With new helium supplies from Russia and Qatar expected to hit the market over the next two years, CEO Durell Johnson says the new agreement will allow Tumbleweed to sell producers’ helium at a fixed price, adding every molecule of available helium anywhere in the world is under contract.

Tumbleweed Midstream

Tumbleweed Midstream acquired the Ladder Creek Helium Plant and Gathering System in late 2019. The company is laser-focused on maximizing returns for producers of helium from the large concentration of rare helium reserves near the Colorado-Kansas border.

www.tumbleweedmidstream.com

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

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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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