CND 0.00% 3.1¢ condor energy limited

lpg frac superior

  1. 643 Posts.
    The item I posted earlier included a presentation on LPG fracing based on 704 fracs at 307 locations.

    38 page pdf document here:
    www.houstonclub.org/files/Lestz.pdf

    Interesting statements in the presentation are that the method increases oil & gas recovery by 20-30%; the frac fluid (LPG) is recovered in full reused or sold on. Does away with the recovery and clean up and disposal costs of the water method, non soluble with mineral salts....increased profit.

    Comparative cost of fracing. Conventional 2500$/ft, LPG frac 1500$/ft.

    I would assume that the original cost of the equipment and set up would be more expensive.

    If there is a commercial enterprise here in the Georgina Basin wouldn't you use this method for the higher return and less concern on damage/water contamination that people will assume true or not.

    If there is anybody out there with some knowledge on this would be interesting to hear from.

    PS: Yes I have a position and have had one for quite some time (think I may have accidentally tick the non position on my lap top in a previous post. Unsure)
 
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