The Outer Continental Shelf (OCS) of the United States was first defined in 1953 when Congress enacted the Outer Continental Shelf Lands Act (OCSLA) defining the shelf as all submerged lands lying seaward of coastal states, up to three miles offshore. Under the OCSLA, the stewardship and protection of these areas of valuable resources was made the responsibility of the Secretary of the Interior. The Secretary of the Interior was given authority to accept or deny leases for drilling and exploration of the shelf; decisions that could be made based on responsible, environmentally safe procedures, or primarily on highest bid alone, with discretion left up to the Secretary. The Secretary also was given responsibility for the formation of necessary regulations and protective implementations in order to assure the health of the shelf for future mineral harvesting while maintaining a beautiful shoreline for tourists and indigenous wildlife inhabitants alike.
In 1982, Congress and the Secretary of the Interior, James G. Watt, extended the responsibility of shelf management to a branch of the Department of the Interior, the Minerals Management Service. The MMS as part of their duties has periodically funded surveys by top geologists, projecting and estimating the true wealth and abundance of minerals and fossil fuel supplies encased beneath the surface of the continental shelf. The latest assessment of these resources was based on information from new exploration techniques administered in 2003; the statement was released in 2006.
The Mineral Management Service’s newest estimates take under consideration the limits of current technology but also take into account the foreseeable developments of new technology as well when presenting their estimated findings. What the MMS does not include when developing their findings is allowances for economic feasibility or financial profitability limits; their findings just state the facts of what amounts of resources are present, not limited by the financial investments needed to extract those resources. The latest estimates detail that the OCS could feasibly contain anywhere from 66.6 to 115.3 billion barrels of oil and from 326.4 to 565.9 trillion cubic feet of natural gas. These large estimates have undoubtedly affected new bill proposals currently being discussed within the Senate concerning decreasing the drilling limitations currently in place. The wealth of these supplies is constantly being weighed against the potentially hazardous effects of drilling and exploration upon the picturesque American seashore. Large oil companies such as Triple Diamond Energy Corp. are implementing new and improved methods of extraction that yield large amounts of fuel supplies without subjecting the fragile landscape to undue stresses caused by overdevelopment.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
Friday, December 28, 2007
Thursday, December 27, 2007
India and China Cooperative
India and China, nations that are 4th and 2nd respectively in petroleum consumption amounts, have joined together their efforts in petroleum exploration and distribution much to the chagrin of other oil hungry nations. The combining of their efforts and pooling of their finances in this endeavor has allowed them to obtain rights to some of Iran’s largest producing fields and successfully find new fields within the borders of their own countries.
The first oil field procured by the joint venture of China National Petroleum Corporation (CNPC) and India’s Oil and Natural Gas Corporation (ONGC) was accomplished in 2005. The two largest oil companies in the respective countries successfully bid to share 37% of Petro-Canada’s stake in Syrian al-Furat oil and gas fields. While the companies had been working together in the past, this marked the first foreign property to be cooperatively purchased by the duo. These two oil producing giants are courting other Indian and Chinese companies to join in their efforts, proposing that all combine their technologies and monies to make higher bids on foreign fields, achieving the possibility of outbidding the major oil companies that tend to acquire all the drilling rights in the Western Hemisphere. Large oil companies like Shell and Mobile have been watching these developments with much trepidation.
Researchers project that the global demand for energy will grow as much as 55 percent in the next two decades, owing mostly to the growing needs of China and India, who combine for 45 percent of that total growth spurt. These two petroleum consuming giants have decide that cooperation between neighbors makes much more sense than competing with each other for supplies. Their newest acquisition is a 50 percent joint stake in a large Colombian oil field. The conglomerate successfully purchased this 50 percent share from a Texas-based oil and natural gas company, Ominex Resources Inc. Like Triple Diamond Energy Corp., also in Texas, Ominex finances oil exploration and extraction in order to continuously supply their customers’ oil and natural gas needs. The 50 percent share purchased from Ominex for roughly 800 million has the ability to supply China and India with nearly 10,000 barrels of oil daily.
India and China had in the past been major competitors for fuel supplies, but for the greater good of the two countries, put aside their differences in order to be successful in their goals. With natural gas and oil fields cross the earth rapidly depleting, certainly more of these cooperate efforts will emerge. Large companies, pooling their resources, will be much more successful as efforts to supply the world’s fuel needs prove to be more and more difficult.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
The first oil field procured by the joint venture of China National Petroleum Corporation (CNPC) and India’s Oil and Natural Gas Corporation (ONGC) was accomplished in 2005. The two largest oil companies in the respective countries successfully bid to share 37% of Petro-Canada’s stake in Syrian al-Furat oil and gas fields. While the companies had been working together in the past, this marked the first foreign property to be cooperatively purchased by the duo. These two oil producing giants are courting other Indian and Chinese companies to join in their efforts, proposing that all combine their technologies and monies to make higher bids on foreign fields, achieving the possibility of outbidding the major oil companies that tend to acquire all the drilling rights in the Western Hemisphere. Large oil companies like Shell and Mobile have been watching these developments with much trepidation.
Researchers project that the global demand for energy will grow as much as 55 percent in the next two decades, owing mostly to the growing needs of China and India, who combine for 45 percent of that total growth spurt. These two petroleum consuming giants have decide that cooperation between neighbors makes much more sense than competing with each other for supplies. Their newest acquisition is a 50 percent joint stake in a large Colombian oil field. The conglomerate successfully purchased this 50 percent share from a Texas-based oil and natural gas company, Ominex Resources Inc. Like Triple Diamond Energy Corp., also in Texas, Ominex finances oil exploration and extraction in order to continuously supply their customers’ oil and natural gas needs. The 50 percent share purchased from Ominex for roughly 800 million has the ability to supply China and India with nearly 10,000 barrels of oil daily.
India and China had in the past been major competitors for fuel supplies, but for the greater good of the two countries, put aside their differences in order to be successful in their goals. With natural gas and oil fields cross the earth rapidly depleting, certainly more of these cooperate efforts will emerge. Large companies, pooling their resources, will be much more successful as efforts to supply the world’s fuel needs prove to be more and more difficult.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
Wednesday, December 26, 2007
Russian Natural Gas Reserves Management
As the country with the world’s largest proven natural gas reserves, Russia should be feeling pretty great about their energy resources in this new millennia. Russia possesses a staggering 1,680 trillion cubic feet of natural gas; nearly double that of Iran, the nation holding the next largest supply. Unfortunately for Russia, ever since the dissolution of the Soviet Union in 1991, management of these large natural gas reserves has fallen by the wayside. Russia set up a state-owned natural gas monopoly, Gazprom, to manage, continue in exploration, and distribution of known and newly discovered reserves. Gazprom has proven itself unworthy of this task by not having the necessary funds or knowledge base to exploit the bounteous supply beneath Russia’s expansive land mass.
Truthfully, the Russian government should think about radically changing the way they allow Gazprom to handle these resources. Not only are there tons upon tons of untapped natural gas lying in wait for the use of their country, but also for the billions of dollars that would be made for the nation through exporting these huge reserves. Russia has allowed Gazprom to be the only exploration and distribution company in the country; no foreign researchers, geologists, or engineers have been allowed to lend the much needed knowledge and know-how to make their company, and indirectly, the nation more profitable and prosperous. Most countries with large reserves realize that by charging others to join in the drilling, the country as a whole can benefit from the many drilling tariffs they could demand and enjoy the help of much more knowledgeable scientists like those employed by large outfits like Shell and Triple Diamond Energy Corp. In some ways the Cold War has continued in regard to the way Russia’s government continues to shut out foreign development, over-zealously protecting their natural gas reserves with a “if we can’t get it, no one can” attitude.
Gazprom has not only been inefficient stewards of untapped reserves, they have mismanaged the currently producing supplies as well, leading to shortages of natural gas in a country that should be overflowing with it. This company that is the sole provider of natural gas to the entirety of Russia also owns all rights to the 155,000 kilometers of pipelines that carry the natural gas throughout the country. Mismanagement of this pipeline has resulted in Russia’s own population experiencing shortages of the natural gas direly essential for all types of heating and fueling needs. The future of Russia hinges on the Russian government’s ability to encourage and direct its state-owned monopoly to keep in mind the needs of the people they have been chosen to serve.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
Truthfully, the Russian government should think about radically changing the way they allow Gazprom to handle these resources. Not only are there tons upon tons of untapped natural gas lying in wait for the use of their country, but also for the billions of dollars that would be made for the nation through exporting these huge reserves. Russia has allowed Gazprom to be the only exploration and distribution company in the country; no foreign researchers, geologists, or engineers have been allowed to lend the much needed knowledge and know-how to make their company, and indirectly, the nation more profitable and prosperous. Most countries with large reserves realize that by charging others to join in the drilling, the country as a whole can benefit from the many drilling tariffs they could demand and enjoy the help of much more knowledgeable scientists like those employed by large outfits like Shell and Triple Diamond Energy Corp. In some ways the Cold War has continued in regard to the way Russia’s government continues to shut out foreign development, over-zealously protecting their natural gas reserves with a “if we can’t get it, no one can” attitude.
Gazprom has not only been inefficient stewards of untapped reserves, they have mismanaged the currently producing supplies as well, leading to shortages of natural gas in a country that should be overflowing with it. This company that is the sole provider of natural gas to the entirety of Russia also owns all rights to the 155,000 kilometers of pipelines that carry the natural gas throughout the country. Mismanagement of this pipeline has resulted in Russia’s own population experiencing shortages of the natural gas direly essential for all types of heating and fueling needs. The future of Russia hinges on the Russian government’s ability to encourage and direct its state-owned monopoly to keep in mind the needs of the people they have been chosen to serve.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
Monday, December 24, 2007
South Korea Needs Fuel Change
As South Korea’s population grows, it is becoming more and more essential for governmental involvement in industry to help stave the overwhelming effects of pollution on the nation’s air quality. In the late 1990s, South Korea’s environment was put into jeopardy by efforts of its industry to boost economic growth at all costs. Industry shifted into high gear without being mindful of the enormous amounts of particulates and carbon emissions released into the air as a result. Recent governmental controls have helped clean up efforts, and carbon and sulfur dioxide emissions by industry have been largely lessened. Unfortunately for South Korea, with economic growth and prosperity, millions more automobiles have become accessible by consumers, and their emissions are now surpassing the environmental effects rendered by industry a decade earlier.
The total volume of particulate matter (soot, carbon, sulfur, etc) released by the country’s motor vehicles has been estimated at 1.6 million metric tons each year. Transportation vehicles, such as large city buses and commercial fleets distributing product throughout the country, account for under 10% of all vehicles on their roads but emit a whopping 40% of these detrimental emissions into South Korea’s air. These large amounts of particulate released affect the health and quality of life of South Korean citizens, especially in large cities like Seoul. Seoul has seen a rampant rise in cases of respiratory disease as a direct result of a lack of governmental regulatory control over the hundreds of thousands of motor vehicles swamping the city’s streets on a daily basis.
Thanks to recommendations and suggestions from studies by the World Health Organization, the city government of Seoul and the national government of South Korea as a whole are making efforts to curb these polluting trends. South Korean government is promoting new alternatives for transportation companies by offering incentives for more environmentally conscious energy use. Research and development teams have worked to show the overwhelming value that compressed natural gas (CNG) could play in efforts to clean up the air that South Koreans breathe. CNG burns cleaner than gasoline, requires less oil usage, and promotes a cleaner environment by releasing a fraction of the amount of particulates into the air versus traditional gasoline powered engines. The government has offered tax breaks and incentives to private transportation outfits in order to promote the substitution of over 20,000 CNG buses to replace current diesel powered buses. By instituting stricter controls over allowable emissions by motor vehicles, South Korea could make cleaner air a reality. Petroleum companies like Triple Diamond Energy Corp have the ability to refine petroleum into the clean burning CNG needed to run greener, cleaner buses, that can help make the air that all citizenry breathe healthier.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
The total volume of particulate matter (soot, carbon, sulfur, etc) released by the country’s motor vehicles has been estimated at 1.6 million metric tons each year. Transportation vehicles, such as large city buses and commercial fleets distributing product throughout the country, account for under 10% of all vehicles on their roads but emit a whopping 40% of these detrimental emissions into South Korea’s air. These large amounts of particulate released affect the health and quality of life of South Korean citizens, especially in large cities like Seoul. Seoul has seen a rampant rise in cases of respiratory disease as a direct result of a lack of governmental regulatory control over the hundreds of thousands of motor vehicles swamping the city’s streets on a daily basis.
Thanks to recommendations and suggestions from studies by the World Health Organization, the city government of Seoul and the national government of South Korea as a whole are making efforts to curb these polluting trends. South Korean government is promoting new alternatives for transportation companies by offering incentives for more environmentally conscious energy use. Research and development teams have worked to show the overwhelming value that compressed natural gas (CNG) could play in efforts to clean up the air that South Koreans breathe. CNG burns cleaner than gasoline, requires less oil usage, and promotes a cleaner environment by releasing a fraction of the amount of particulates into the air versus traditional gasoline powered engines. The government has offered tax breaks and incentives to private transportation outfits in order to promote the substitution of over 20,000 CNG buses to replace current diesel powered buses. By instituting stricter controls over allowable emissions by motor vehicles, South Korea could make cleaner air a reality. Petroleum companies like Triple Diamond Energy Corp have the ability to refine petroleum into the clean burning CNG needed to run greener, cleaner buses, that can help make the air that all citizenry breathe healthier.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
Sunday, December 23, 2007
Chinese Reserves
As China’s population grows exponentially in the new millennia, the energy needs of the country grow as well. With an enormous population of 1.3 billion people, the People’s Republic is the world’s most populous country and the second largest petroleum consumer behind the United States. Chinese oil consumption has seen rapid growth as society has made a change, moving away from bicycles and towards gasoline powered vehicles with automobile ownership growing 19% a year since 1990. As China looks towards the future, the country hopes to minimize its dependence on foreign oil reserves, predominately Middle Eastern reserves, concentrating on using the enormous reserves of natural gas found within their country’s borders and diversifying their imports among several natural gas producing countries.
In 2006, Chinese natural gas reserves ranked 15th in the entire world with proven deposits of over 2.27 trillion cubic meters. With deposits and yields projected to continue growing over the next 15 years or more, the Chinese government is doing their very best to encourage more exploration and extraction to help exploit these rich deposits and keep up with their country’s rapidly increasing energy needs. The use of liquefied natural gas for China would provide a boon to its natural gas refining operations while helping to minimize pollution within the country as a whole. Projections show that by 2030, China will have more automobiles on their roads than the United States. China already holds the position of the world’s largest coal burning polluter; with so many cars, their environment would doubtlessly suffer greatly and increase already growing rates of respiratory disease cases.
As China encourages development of natural gas industry at home, it has also increased its imports of the fuel from abroad, signing long term contracts with foreign natural gas producers such as Australia, committing to buy 4 million metric tons of liquefied natural gas a year from Australian companies Woodside Petroleum and Royal Dutch Shell. The effects of Chinese natural gas consumption upon the liquefied natural gas production industry on a global scale cannot be understated. The United States and other natural gas rich nations would much enjoy greater and more amenable relations with China as the nation’s need for imports of fuel grow.
Oil and natural gas exploration companies like Triple Diamond Energy Corp would be greatly satisfied to count the People’s Republic of China as one of its many customers. Energy companies in all nations are ramping up exploration and production efforts in hopes of acquiring new contracts with this petroleum product consuming giant of the East.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com
In 2006, Chinese natural gas reserves ranked 15th in the entire world with proven deposits of over 2.27 trillion cubic meters. With deposits and yields projected to continue growing over the next 15 years or more, the Chinese government is doing their very best to encourage more exploration and extraction to help exploit these rich deposits and keep up with their country’s rapidly increasing energy needs. The use of liquefied natural gas for China would provide a boon to its natural gas refining operations while helping to minimize pollution within the country as a whole. Projections show that by 2030, China will have more automobiles on their roads than the United States. China already holds the position of the world’s largest coal burning polluter; with so many cars, their environment would doubtlessly suffer greatly and increase already growing rates of respiratory disease cases.
As China encourages development of natural gas industry at home, it has also increased its imports of the fuel from abroad, signing long term contracts with foreign natural gas producers such as Australia, committing to buy 4 million metric tons of liquefied natural gas a year from Australian companies Woodside Petroleum and Royal Dutch Shell. The effects of Chinese natural gas consumption upon the liquefied natural gas production industry on a global scale cannot be understated. The United States and other natural gas rich nations would much enjoy greater and more amenable relations with China as the nation’s need for imports of fuel grow.
Oil and natural gas exploration companies like Triple Diamond Energy Corp would be greatly satisfied to count the People’s Republic of China as one of its many customers. Energy companies in all nations are ramping up exploration and production efforts in hopes of acquiring new contracts with this petroleum product consuming giant of the East.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com
Saturday, December 22, 2007
Water Heating with Gas
Natural gas supplies in the United States are the third largest in the entire world. New reserves are being located everyday through diligent research and exploration by scientists employed by energy companies such as Triple Diamond Energy Corp. These companies are continuously striving to provide Americans with the clean burning natural gas used to make homes warmer and more comfortable places to live. Of course, natural gas is helpful in heating homes and offices, but most consumers don’t realize that clean burning natural gas is also used in over half of American households as the fuel which heats their water for washing dishes, clothes, and showers each and every day.
Most homeowners don’t give a second thought to their water heaters until the opportunity affords itself; namely, when their current system bites the dust. Options of replacement or conversion should be considered before this unfortunate situation occurs, so that one can weigh his or her household’s options carefully without the added stress created as necessity drives the resolution of this issue in order to provide hot water for themselves and their families in a more hasty fashion.
Environmentally, natural gas presents itself as the far more friendly way, considering most electric water heaters, especially on America’s eastern coast where dams are less prevalent, are fueled by electricity acquired from coal burning power plants that belch and emit horrible pollutants and particulate into the air while their turbines crank. Natural gas extraction does not involve the issuance of air particulate, and is thus a cleaner way to acquire the fuel for American families.
Gas-fired water heaters are much more efficient ways of heating water because of their higher flow rates which allow a constant ability to heat the water. A demand water heater also referred to as a tankless or instantaneous water heater maintains this constant ability because it is not required to use a storage tank; storage tank water heaters must deal with standby heat losses due to their storage tanks. Therefore, the most efficient water heaters integrate gas and tankless technology in order to provide constant flowing, hot water to the household. When natural gas is not available because the house is located in a rural setting, its cousin, propane is a viable, clean burning alternative. A propane tank can be installed on a concrete pad in the backyard and filled several times a year with clean burning propane to fuel efficient gas powered water heaters year round.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
Most homeowners don’t give a second thought to their water heaters until the opportunity affords itself; namely, when their current system bites the dust. Options of replacement or conversion should be considered before this unfortunate situation occurs, so that one can weigh his or her household’s options carefully without the added stress created as necessity drives the resolution of this issue in order to provide hot water for themselves and their families in a more hasty fashion.
Environmentally, natural gas presents itself as the far more friendly way, considering most electric water heaters, especially on America’s eastern coast where dams are less prevalent, are fueled by electricity acquired from coal burning power plants that belch and emit horrible pollutants and particulate into the air while their turbines crank. Natural gas extraction does not involve the issuance of air particulate, and is thus a cleaner way to acquire the fuel for American families.
Gas-fired water heaters are much more efficient ways of heating water because of their higher flow rates which allow a constant ability to heat the water. A demand water heater also referred to as a tankless or instantaneous water heater maintains this constant ability because it is not required to use a storage tank; storage tank water heaters must deal with standby heat losses due to their storage tanks. Therefore, the most efficient water heaters integrate gas and tankless technology in order to provide constant flowing, hot water to the household. When natural gas is not available because the house is located in a rural setting, its cousin, propane is a viable, clean burning alternative. A propane tank can be installed on a concrete pad in the backyard and filled several times a year with clean burning propane to fuel efficient gas powered water heaters year round.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
Friday, December 21, 2007
Natural Gas Drilling in National Parks
Natural gas deposits are often located in areas of magnificent beauty because they naturally occur within or underneath ancient rock formations, on land or underneath water, where fossilized plant and animal matter has been compressed and broken down over many millions of years. It then is no coincidence that many of these fertile areas are within the boundaries of protected national park areas in the United States. While debates continue on Capitol Hill over drilling bans or permissions within these sanctuaries, it could be helpful to look at instances where drilling and extraction of resources has successfully coexisted with picturesque beauty and protected status.
Texas has long been a fertile ground for natural gas and oil reserves. Its rich, though sometimes barren landscape possesses thousands of proven mineral and petroleum deposits that have been the state’s mainstay for economic growth over the past century and a half. One such area that has recently come under public scrutiny by environmentalists such as the Sierra Club and large oil outfits like British Petroleum is the protected seashore at Padre Island National Park located on the southeast tip of that great state, on the Gulf of Mexico.
Exploration and development of Padre Island’s cache of natural resources has been underway for many decades. In the late 1930s, Texas’ growing interest in development of its state’s natural reserves motivated legislators to send surveyor J.S. Boyle to the area. The first oil well was not constructed until a decade later, by Sun Oil Company at Yarborough Pass. The permission for this and other wells drilled by Sun was acquired through legislation proposed by Senator Yarborough of Texas, and Sun was the only oil company drilling on the National Seashore during the 50s and 60s. These oil wells produced small amounts of show, but very little commercially viable crude.
There are currently three natural gas producing wells in operation at Padre Island. These wells are under the close watchful eye of the National Park Service. Rangers help in monitoring to ensure a safe environment for the over 800,000 visitors who visit the park each year. The National Park Service describes their role in managing the park’s resources as a “commitment to previous property owners by ensuring their ability to recover the oil and gas mineral resources with a minimum of environmental consequences.” Since the lands which make up the park were previously private, the NPS has committed itself to help serve both the public and private sector with its stewardship of the park. Oil companies such as Triple Diamond Energy Corp adhere to strict regulations when drilling and exploring this protected seashore.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
Texas has long been a fertile ground for natural gas and oil reserves. Its rich, though sometimes barren landscape possesses thousands of proven mineral and petroleum deposits that have been the state’s mainstay for economic growth over the past century and a half. One such area that has recently come under public scrutiny by environmentalists such as the Sierra Club and large oil outfits like British Petroleum is the protected seashore at Padre Island National Park located on the southeast tip of that great state, on the Gulf of Mexico.
Exploration and development of Padre Island’s cache of natural resources has been underway for many decades. In the late 1930s, Texas’ growing interest in development of its state’s natural reserves motivated legislators to send surveyor J.S. Boyle to the area. The first oil well was not constructed until a decade later, by Sun Oil Company at Yarborough Pass. The permission for this and other wells drilled by Sun was acquired through legislation proposed by Senator Yarborough of Texas, and Sun was the only oil company drilling on the National Seashore during the 50s and 60s. These oil wells produced small amounts of show, but very little commercially viable crude.
There are currently three natural gas producing wells in operation at Padre Island. These wells are under the close watchful eye of the National Park Service. Rangers help in monitoring to ensure a safe environment for the over 800,000 visitors who visit the park each year. The National Park Service describes their role in managing the park’s resources as a “commitment to previous property owners by ensuring their ability to recover the oil and gas mineral resources with a minimum of environmental consequences.” Since the lands which make up the park were previously private, the NPS has committed itself to help serve both the public and private sector with its stewardship of the park. Oil companies such as Triple Diamond Energy Corp adhere to strict regulations when drilling and exploring this protected seashore.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
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