Word: cued
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Dates: during 1970-1979
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...succeeded in diverting the gas to an open pit, where they set it ablaze to prevent an accidental explosion. By the end of September, workers managed to pipe the gas through a purifying plant and into a pipeline, through which it flowed at an uncontrolled rate of 140 million cu. ft. per day. Says Chevron's Exploration Manager David Johnson: "If we had tried to shut it off, the gas would have blown the control equipment out of the hole...
Eventually, the workers pumped enough drillers' mud into the well to stop the flow of gas and permit the installation of proper wellhead equipment. Next year the well will go on stream at a manageable 20 million cu. ft. per day, six times the volume of a typical south Louisiana well and enough to meet the daily needs of 61,000 American homes...
...producer, almost as much if it is a dry hole-and dry holes outnumber the producers 3 or 4 to 1. Louisiana officials argue that the heavy costs will require higher prices for interstate gas, which is now federally price controlled at $1.47 per 1,000 cu. ft., v. an average $1.85 on Louisiana's intrastate free market. Even at that price, Louisiana last year piped 75% of its gas to other states; higher prices could attract still more of the gas into interstate pipelines...
...conference on geopressure at the University of Southwest Louisiana in November, a research team that had converted an abandoned gas well into a geopressured test hole reported recovering 10,300 bbl. a day of superheated gas-saturated brine, which yielded up 1.5 million cu. ft. of gas. The Department of Energy's David Lombard estimates that a geopressured well would have to yield 40,000 bbl. of water a day for five to ten years to turn a profit. Whether the reservoirs can produce at that volume is one of the questions to be answered by drilling a series...
...exhaust water will have to be pumped back into the earth to avoid turning the area into a swamp. The economics will look more encouraging, however, if Congress adopts a provision now in a pending tax bill that will allow a tax credit of 50? per 1,000 cu. ft. of geopressured gas recovered...