Word: wellheads
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...while the Carter administration should be willing to compromise when absolutely necessary, it should not give up its leadership role at this crucial point in negotiations and settlement. Its evident willingness to push hard for a wellhead tax on domestic crude oil, increased taxes for businesses using gas and oil, and extension of price controls to intra-state supplies of natural gas is laudable and necessary...
...reach 3 trillion cu. ft. That would be equal to 86% of last year's production in Louisiana, which leads the nation in gas output, and 18% of annual consumption in the whole country. To its discoverers that much gas would be worth $5.5 billion at existing wellhead prices on Louisiana's intrastate free market...
...weeks, a crew of red-suited blowout experts battled to cap the wild well. A crane removing a ten-ton piece of wellhead plumbing was smashed like a Tinkertoy, when the gas jet tossed the load into the air. The crew 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...
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...
While the search for gas in the Tuscaloosa Sand is being conducted mostly by private business, the U.S. Department of Energy is providing funds to assemble information on the Gulf Coast's geopressured zones. In theory, the water from these zones, emerging at a wellhead pressure of 6,000 lbs. per sq. in. and a temperature much above boiling, could spin turbines and yield heat for such purposes as oil refining, food processing and rice drying. The gas that is dissolved underground in the hot water fizzes out of solution at atmospheric pressure to be captured for fuel...