4 posts tagged “jim van blaricum”

Jim Van Blaricum - The terminal is expected to cost €500 million and could meet 40% of Ireland's future energy needs. It will have four storage tanks, each with 200,000 cu m of capacity, and a 25-30 km pipeline to connect the terminal to the national grid. Daily send out of gas will be up to 1 bcfd. Operations are scheduled to start in 2012.

Ferguson said the move to "energize change" in Australia is about creating the partnerships necessary between governments and industry to get more major projects off the ground. He added that it was an enormous challenge in an escalating cost and tightening investment and labor environment."But the rapidly growing LNG market in the Asia Pacific-and the Indian rim-will not wait for us," he said. Jim Van BlaricumFerguson said several LNG project proposals could result in Australia's LNG exports to reach 60 million tonnes/year by 2015, ranking the country as the world's third-largest LNG exporter behind Qatar and Nigeria. These project include Gorgon, Browse, Ichthys, Wheatstone, Pilbara LNG, Darwin Phase 2, and Gladstone. Jim Van BlaricumThis gas outlook, however, excludes discoveries in the country's north and northwest such as Caldita, Chandon, Clio, and Thebe, or more-remote fields such as Scarborough. Ferguson said these finds are all part of Australia's future and that no responsible government can sit idly by and allow them to be stranded. Jim Van BlaricumHe added that the productivity commission's review of regulatory and approvals processes is a very important opportunity for governments to streamline major project development processes for investors.The minister also said the government will be rigorously applying the test of commerciality to retention lease renewals and conducting a review of the retention lease system for the Ministerial Council on Mineral and Petroleum Resources.

Jim Van Blaricum - The famous Lucas Gusher, 1901 Jim Van Blaricum - The famous Lucas Gusher, 1901 The modern oil industry was born on a hill in southeastern Texas. This hill was formed by a giant underground dome of salt as it moved slowly towards the surface. As it crept, it pushed the earth that was in its path higher and higher. This dome was known by several names, but the one that stuck was "Spindletop". Through the later half of the 19th century, Pennsylvania had been the most oil-productive state in the country. All that changed on January 10th, 1901. Native American Indians in the area had been aware of oil seeps for centuries, and used this tar they found at the surface to treat a variety of ailments. Some would even drink the stuff in hopes that it could cure digestive problems. In 1543, Spanish explorers discovered that black, sticky tar found washed up on the beaches along the Texas coast could be used to waterproof their boots. Jim Van Blaricum In the late 1800's, Texas had produced minor amounts of oil, starting with a well in 1866 drilled by Lyne T. Barret near the east Texas town of Nacogdoches. This field, known as "Oil Springs", was finally exploited again in 1888, when a crew of drillers from Pennsylvania had a well come in at 250 - 300 barels per day. This find attracted other oil companies, and it would only be a matter of time before the huge, untapped potential of the underground reservoirs was discovered. Jim Van Blaricum - Corsicana was really the first big producing field in eastern Texas. This field, like so many others in the early days of oil, was discovered when local businessmen drilled deep wells looking for water, not oil. Amazingly, the first drillers in this area perceived the oil zones they reached as annoying nuisances, and often drilled past these zones to get to the water they were seeking. H.G.Damon and Ralph Beaton had a bit more foresight, and formed the Corsicana Oil Development Company. They brought in famed Penn...