RE: RE: Derampers2 Mar 2019 14:15
They shouldn’t say words like high impact, tipping point as looks like they have failed after a length of time, maybe he gets excited when in talks with end users and has good feedback and thinks it’s going to happen and conveys this to us but then no deal leaves him looking silly.
DT is Kansas in a way as you know they wanted to find a cheap source of N2 to facilitate DT, it surprised them the purity and high pressure and the market potential to sell with no processing.
See I said potential because until they are selling to market it is a potential, but surely it does actually make sense that they can sell to market.
I research about kinder Morgan a lot and I think they are trying to emulate their early business model with having a gas that has a technical Benifit to the industry and will need to secure assets and focus on the application to the market, but not only in oil and gas as Kinder but agricultural industry uses as well.
1.Is the N2 gas cheaper to provide to the market by normal industries standards, yes!
2.Is the concept of talking N2 from the ground pure and selling to market feasible as a working model, yes!
If you look at Kinder Morgan they made a business of suppling CO2 to the Permian Basin for Enhanced oil recovery.
3.Is there a need from the market for the use of pure N2, yes!
a.production of fertilizer
https://pubs.usgs.gov/of/2004/1290/2004-1290.pdf
b.providing to the oil and gas industry for Enhanced oil recovery and Artificial lifting
3.Is the market near to N2 find!
It’s closer to market ie Hugoton than any CO2 field that Kinder Morgan operates.
https://imgur.com/a/dpnXWLM
See the ROIP (Remaining oil in place) of the light blue Mid-Cont 65.6 BBls which is Kansas,
https://imgur.com/a/EmZ2U7R
Growth of US CO2 EOR and Kinder Morgan pdf
https://imgur.com/a/H0vpbiz
Ive taken my info from this CO2 pdf as N2 has similar properties as both can be processed from air but as Kinder Morgan’s business model shows that drilling wells and extracting CO2 from underground as a working business works!
Highlands N2 well is much closer to Kansas oil and gas fields than any Kinder Morgan CO2 fields and no CO2 gaslines near so that’s why I’m very interested to know the geological size of the Highlands N2 find and if continuous throughout area of Hamilton Kansas and Prowers Colorado as close to boarder.
https://www.netl.doe.gov/sites/default/files/netl-file/CO2_EOR_Primer.pdf