24 August 2011

How to Liberate 3X Saudi Arabia's Oil Reserves Without Using Water

...the Uinta Basin is the site of the massive Eocene Green River Shale formation – potentially the largest reservoir of unconventional petroleum in the world. With total reserves estimated at up to 1.3 trillion barrels, and ultimately recoverable reserves of 800 billion barrels or more , this formation holds three times or more the amount of Saudi Arabia’s proven reserves. Unlocking this formation would change the energy outlook of the nation – and of the world – for a century or more.

Today, TomCo has announced that it has awarded contacts toward the development of this resource. _Source
World Oil

Reserves of oil shale kerogens in the western US states is massive -- far larger than the huge proven oil reserves of Saudi Arabia. Now a technology exists which can liberate these vast trapped energy reserves without using water or contaminating groundwater. Using this waterless in situ approach, the scenic appearance of these majestic western drylands will be unaffected, and the environmental quality of the region will be preserved.
Eco-Shale Technology
The EcoShale™ In-Capsule Technology involves heating mined shale in a closed surface impoundment, or capsule. The process relies on conventional mining and construction methods and produces a bottomless oil product that requires no coking. The process produces a shale oil with a much higher concentration of middle distillate than West Texas intermediate crude. Two synthetic shale oil products are produced: (1) prompt oil of approximately 29 API gravity; (2) condensate oil of approximately 39 API gravity. The oil and condensate produced with this process have no fines and have very low acid numbers.

The technology requires no process water, protects groundwater and vegetation, uses low temperatures for heating and allows for rapid site reclamation.

The resultant product is a high quality feedstock with an average 34 API and no fines. The process also results in synthetic natural gas production allowing for energy self-sufficiency. _EcoShale
It is almost impossible for most persons to envision the economic impact of the introduction of these vast energy resources into world energy markets. Far more resources are devoted by the Obama administration to shutting down the liberation of North America's vast energy stores, than to making the production of energy cleaner and more economical.

Mr. Obama's approach has always been one of energy starvation, rather than energy facilitation. That is just one of the several nearly insurmountable obstacles to prosperity which the US economy currently faces, and for which Mr. Obama can take direct credit -- if only he would.

Cross-posted in slightly modified form under a different title to Al Fin Energy blog

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Blogger Ugh said...

So, how will Obama's EPA kill this? They have Fracking in their sights to kill massive new natural gas resources, this can't be good news for them...

Thursday, 25 August, 2011  
Blogger al fin said...

Salazar's DOI has been holding back oil shale leases and suppressing development.

Any number of federal agencies could jump into the fray at a moment's notice. Shutting down economic activity is the only thing the Obama administration is truly good at. It's the lawyer mentality combined with the Chicago way.

Thursday, 25 August, 2011  

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