Triple Diamond Energy Corporation

Triple Diamond Energy Corp Announces Plans For Two Well Program In Garvin County Oklahoma

2008-10-28T12:36:00.001-07:00

Triple Diamond Energy Corp (TDEC) has announced plans for a two-well controlled step out oil and natural gas program in south central Oklahoma.

ADDISON, TX -- The Texas-based oil and gas production and exploration company, Triple Diamond Energy Corporation, has announced they are planning a program for Garvin County located in south central Oklahoma.

The plans involve a two well, controlled step out oil and natural gas program. These wells will be drilled one or more spacing units away from existing production already in the targeted formations.

"Garvin County is the fifth largest producer of oil in the entire state of Oklahoma and other wells currently located in the area are showing promise. Several wells located adjacent to the area we will be working in are producing one million or more barrels of oil," said Chris Jent, Officer of Triple Diamond Energy Corp. (http://www.triplediamondenergy.com/)

The Golden Trend region of south central Oklahoma is on the Anadarko Basin's Southeastern embayment between the Arbuckle Mountains and the Nemaha-Pauls Valley. The oil produced in McClain and Garvin Counties comes from one of three main formations made from Deese sandstones, Hunton limestone, and Viola limestone as well as several pools located in the Simpson group. These formations shifted and created stratigraphic traps where the oil now sits.

Triple Diamond Energy Corp. has just completed the first two wells of its four well Sportsman Lake Program located in Seminole County, Oklahoma. Drilling for this program commenced in August and TDEC expects to complete them at the end of October.

Triple Diamond Energy Corp Completes Drilling And Begins Logging Of Two Wells In Oklahoma Project

2008-10-28T12:35:00.001-07:00

Triple Diamond Energy Corp. (TDEC) announces the drilling of two wells in Seminole County, Oklahoma is complete and logging is set to start.

ADDISON, TX -- Triple Diamond Energy Corp. (TDEC) reported the drilling of two wells in Seminole County, Oklahoma is complete. Oil production will commence once the completing and equipping process has concluded.

The Texas oil and gas exploration company started the drilling process for the Seminole County portion of the project in August on the previously undrilled geologic structure of the Sportsman Lake Field. The pair of wells will pull oil from the Proven Undeveloped Producible Reserves located in the high formation.

With drilling complete, an e-log will use electrical measurements to map out the structure and locate the tops of the geological formations. This will allow TDEC to determine the best possible hydrocarbon bearing zones to target. Triple Diamond Energy Corp. can then install the production casing and perforate the zone.

"Once the completion and equipping processes are complete, the two wells can begin extracting oil. From there, it will be processed and refined into various fuel and petroleum products," says Chris Jent, Chief Marketing Officer of Triple Diamond Energy Corp. (http://www.triplediamondenergy.com/)

Reports have shown the area to contain a minimum of 100 000 barrel of attic oil. Oklahoma is presently in fifth place in crude oil production in the country producing 8.8 percent of the natural gas and 3.3 percent of the crude produced in the US.

2008-10-27T15:16:00.001-07:00

Triple Diamond Energy Corporation Announces Spudding the Fourth and Final Well In Sportsman Lake Field Program

Triple Diamond Energy Corp (TDEC) announces spudding of the fourth and final well of the Sportsman Lake Field Program.

ADDISON, TX -- All four wells in its Sportsman Lake Field Program have now been spud by Triple Diamond Energy Corp. The Texas based oil and gas exploration and production company began the program in August. This is the last well planned for the Oklahoma portion of the program.

The oil and gas exploration company commenced spudding the fourth well earlier this week after receiving regulatory approval from the Oklahoma authorities and acquiring the leaseholds and mineral agreements. Detailed surveys were taken of the area to locate the prime location for the well site and drilling pad.

"This is the northernmost well included in the program. It is located approximately seven hundred feet from the closest well and is about one-half mile away from the well at the southern end of the program," said Chris Jent, Officer of Triple Diamond Energy. (http://www.triplediamondenergy.com/)

With the well drilled to an approximate depth of 5,000 feet in order to reach the top of the deepest target formation, TDEC will then begin the process of e-logging the well to define the bounds of the geological formation. They will then determine the optimal oil and gas bearing zones and make a determination as to well completion.

The Sportsman Lake Field program will produce attic oil from Proven Undeveloped Producible Reserves originating in the high geological structure. The area was previously undrilled, however, reports prior to the commencement of the program indicated the large formation contained a minimum of 100,000 barrels.

About Triple Diamond Energy Corporation: Triple Diamond Energy Corp. is located in Dallas, Texas. Privately owned and operated, the oil and gas exploration company is headed by a management team with more than 35 years of combined experience.

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http://www.triplediamondenergy.com

Hydraulic Rotary Drilling

2008-02-12T20:52:00.000-08:00

Oil exploration experts do their best to discover the right places to drill for oil, but often the presence of oil cannot be determined until a drill bit penetrates the pocket. This can take many days or weeks of hard work in extreme circumstances. Utilization of the right drilling equipment is essential for a successful and profitable operation.

Once a promising site has been identified by explorers, operators must evaluate the site to determine an efficient drill plan. Geologists assist with this step using techniques such as mechanical earth modelling (MEM). By compiling information from core samples taken at the site, and correlating with information from other wells in the area geologists can generate a picture of the earth strata that drillers may encounter. This information consists of the depth that different types of sediments will be encountered as well as the rock density and hardness. All of this enables drillers to select the appropriate drilling equipment for the operation.

Pre 1900’s most holes were done using percussion drilling. This is when a heavy object is lifted up and dropped to the ground repeatedly. This method only allows for depths of several hundred feet and the work can take many years. With the drive to reach deeper depths in shorter time frames technology has rapidly evolved. Today companies like Triple Diamond Energy Corp depend on hydraulic rotary drilling, which allows rig operators to reach the deepest oil reservoirs between 30,000 and 40,000 feet below the earth’s surface and oceans. Beyond 40,000 feet the intense heat from the earth’s core will have vaporized any useable crude oil.

Hydraulic rotary drilling consists of a tungsten carbide drill bit impregnated with synthetic or natural diamonds on the end of a hollow pipe assembly. Drilling mud, a gel like mixture of bentonite, clay, and other additives, is used to lubricate and cool the pipes and drill bit. Cuttings and rock chips travel up the hole on the outside of the drilling assembly. Samples of rock chips are collected at various depths. Drill bits are often between 18 and 26 inches in diameter. The largest drill bit in the world is over 3’ in diameter. Larger holes are required to reach attain higher flow rate of crude, therefore faster production times. If stability of the bore hole becomes a problem, as it can in softer sedimentation, steel collars or casings must be put in place to keep the hole from collapsing. A rotating three cone drill bit, like the one pictured in the popular Bruce Willis movie “Armageddon”, reduces friction and increases wear

One of the latest advancements is a rotary steerable system (RSS). This system allows deviations from the vertical up to several hundred feet. By reducing the friction and wear on the drill bit there is less chance of stuck pipes, or a jammed drill bit twisting off. The benefits substantially reduce production costs by saving time and equipment costs.

About the Author: Robert Jent is President & CEO of Triple Diamond Energy Corp. Triple Diamond Energy is an independent producer of oil and natural gas. Located in the Dallas area, the company specializes in acquiring the highest quality prime oil and gas properties.

How is Oil Formed – Crude Oil is Solar Power

2008-02-09T22:34:00.001-08:00

Oil and Natural gas are among the most valuable and sought after natural resources being used today. Crude Oil is the organic compound harvested from the Earth that is used to make all forms of petroleum products. Refineries convert most crude oil into energy producing compounds such as gasoline, diesel fuel, liquefied petroleum gas, jet fuel, and heating gases such as propane. However, a surprising amount of everyday products also contain petroleum components. This long list includes deodorant, plastics, inks, eyeglasses, tires, paraffin wax, lubricants, cleaning products, heart valves, and bubble gum. Another important derivative is used in road asphalt. The U.S. consumes about 22 million barrels of oil/day, most of which is imported from other countries such as Canada, and Saudi Arabia. A 45 gallon barrel of crude oil can be converted to approximately 20 gallons of automotive fuel.

Petroleum, which comes from the Latin meaning “rock oil”, is found all over the world at varying levels of concentration. They are called “hydrocarbons” because their chemical composition mostly consists of hydrogen and carbon atoms chained together. Crude is being formed all the time; however, conditions during certain periods in the Earth’s history were extremely suitable for the formation of oil. Jurassic period over 150 million years ago the Earth’s Oceans were abundant in microscopic plants, and bacteria which drew their energy from the sun in a process known as photosynthesis. Swarms of plankton fed on the plants and bacteria. As the plants and plankton died they sank to the ocean floors and became covered in mud and silt. Overtime layers upon layers of organic material and silt become stratified. Since the organic materials do not have access to oxygen they will not breakdown the same way. Anaerobic micro-organisms, that do not require oxygen to live, decompose the material into a carbon rich substance. Heat and pressure increase with depth and eventually presses the substance into other sediments forming source rock. Intense heat and pressure continues to act on the rock for thousands of years eventually releasing liquid hydrocarbon chains known as crude oil. Essentially it is the suns energy preserved deep within the Earth’s crust. The crude oil then migrates to porous rock and becomes trapped in underground reservoirs. Reservoirs can be tens of thousands of feet below the Earth’s surface, and require. Companies like Triple Diamond Energy Corp are among the leaders of oil extraction in the United States.
Oil sands are a form of heavy oil, or bitumen found on the Earth’s surface. One of the largest deposits of bitumen is in the Athabasca region in Alberta thought to hold an estimated 175 billion barrels of oil. Oil sands were formed in a similar fashion. Scientists speculate a large inland sea once covered Alberta. Over eons of geological shifts the oil formed has migrated through porous limestone and sandstone towards the surface.

The essential requirements are quite simple. Organic material becomes trapped and preserved under sediments and rock strata. Ever increasing pressure and heat slowly converts the substance into hydrocarbon chains and the crude oil deposits migrate to reservoirs.

About the Author: Robert Jent is President & CEO of Triple Diamond Energy Corp. Triple Diamond Energy is an independent producer of oil and natural gas. Located in the Dallas area, the company specializes in acquiring the highest quality prime oil and gas properties.

The Oil Change

2008-02-09T01:13:00.001-08:00

You are on your way home late at night and you notice the check engine light is on. What could be the problem? It dawns on you that it has been quite a while since you last checked or changed the oil. Here’s why you should stop immediately and check it out instead of waiting till morning.

The oil in your car lubricates the engine parts, reducing friction and heat. It coats all the metal parts in the engine which reduces engine corrosion or oxidization. The oil must also hold all the by-products of combustion in suspension. Continuing to drive if there is no oil, or even lower levels of oil, will cause the engine to seize up and stall. This can do permanent damage to your engine which may require you to replace it entirely.

One of the most common procedures that goes hand in hand with automotive ownerships is the oil change. While you may have very little desire to change the oil yourself it is unwise to ignore the check engine warning light for too long. Here is some basic information to help you understand what an oil change is and why it is important.

Oil is made from “crude”. Crude is an organic compound found beneath the earth’s crust. Companies that own oil fields, like Triple Diamond Energy Corp, hire drilling rigs to bring up the oil. It is then sent to a refinery that converts it into different kinds of oil. Not all motor oil is equal. Various properties described by the Society of Automotive Engineers (SAE) are used in grading. Viscosity refers to the resistance of motion or thickness of oil. Flash point is the lowest temperature the oil will begin to burn at. Pour point is the warmest temperature the oil stops flowing at. There are also Synthetic oils which are essentially manufactured molecule by molecule. These oils have a greater consistency, since they are free from irregularities and contaminants. Synthetic oils were first used by the Air Force during World War 2 for the new high performance radial engines used on fighter planes and bombers, which would not run on regular oil.

Oil breaks down over time and its ability to protect the engine is lessened. Most regular oils will last between 5000 – 7000 miles; however manufacturers often recommend changing your oil every 3000 miles. Synthetic oils do not breakdown as quickly, the additives in them still will and should be changed every 15 000 – 20 000 miles.
It doesn`t take much to prevent this kind of automotive breakdown. Always keep an emergency tool kit in the trunk of your car. Be sure to include a flashlight, funnel, some rags, and a few quarts of oil. Familiarize yourself with the layout of your engine should you find yourself. If your car has an oil pressure or engine temperature gauge on the dashboard you can look up the safe operating ranges in your service manual. Knowing this can prevent catastrophe in the event the check engine light fails to activate. Typically any readings in the “red zone” are cause for concern. Should a problem arise this can get you home, or to your preferred auto mechanic before any serious damage is caused.

About the Author: Robert Jent is President & CEO of Triple Diamond Energy Corp. Triple Diamond Energy is an independent producer of oil and natural gas. Located in the Dallas area, the company specializes in acquiring the highest quality prime oil and gas properties.

Cleaning Up Kuwait's Oil Fields

2008-02-09T01:11:00.001-08:00

At the outset of the Gulf War in 1991, Iraq’s generals gave orders to demolish Kuwait’s oil production facilities and wells to insure the coalition forces would recapture nothing of value. The ensuing scorched earth tactics led to the destruction of over 85% of Kuwaiti oil wells. Serious fires erupted in over 600 of the 700 wells that were blown up sending up toxic clouds of smoke. Oil flowed at uncontrolled rates. Enormous lakes of oil covering 100’s of square kilometers formed in the flat desert. Another hope was that the massive flames and smoke would prevent coalition forces from operating; however it had very little impact on the advancing troops. The efforts to control fires and well blow outs lasted nearly 9 months. Fallout of immeasurable proportions continues to be an issue to this day and it is estimated that 1 billion barrels of oil were consumed in those fires.

Numerous challenges had to be overcome to cap a blazing well. First the heat from the fires combined with the hot desert sun made in extremely difficult to even get near the well sites and toxic black smoke reduced visibility in the area. The blaze must first be extinguished before custom designed equipment can be used to seal the blow outs. Massive amounts of water were needed to fight the blaze, which had to be trucked in and stored near the site in 500 gallon tanks or large pits that were dug. Preparations for an attempt on a blaze took several days. Crude oil spewed from the extinguished wells high into the sky. Wind carried the black substance as far away as 500 yards covering both man and machine. A process called “stinging” sealed the blow out. The stinger assembly attached to a pump truck delivers mud at high pressure and volume to overcome the flow of oil.

Another regional problem of great concern is the enormous quantities of waste oil in tank bottoms and earth pits. Although the U.N. has pledged several billion dollars towards the cleanup much of the funds have been unused, however some progress is finally being made. Each pit is a mixture of sub standard oil, chemicals, and other solid by products from the oil extraction process that may contain up to 30 million barrels of usable oil. Methods are being developed to bring up this sludge and separate out the usable oil and contain the left over chemicals and waste materials.

Due to regulations put in place by the Environmental Protection Agency oil extraction performed in the U.S. by companies like Triple Diamond Energy Corp produce far less waste than Kuwait. A similar organization in Kuwait has made some changes however due to mounting political pressure for development many environmentally harmful methods are still practiced.

About the Author: Robert Jent is President & CEO of Triple Diamond Energy Corp. Triple Diamond Energy is an independent producer of oil and natural gas. Located in the Dallas area, the company specializes in acquiring the highest quality prime oil and gas properties.

Drilling In Ultra-Deep Water

2008-02-08T23:55:00.000-08:00

As the major terrestrial oil fields near retirement, there is an ever increasing drive to bring deep sea oil fields to production. The Gulf of Mexico is thought to contain the largest untapped oil reserves in the world. Based on current findings, some estimates by the Department of the Interior Mineral Management Services number reserves at over 100 billion barrels. Finding oil in deep water is one thing, but extracting it from these undersea reservoirs is an entirely different challenge. Deep water rigs are designed to overcome the unique technical problems associated with deep water drilling.

Deep water rigs and the equipment on them must withstand extreme and variable conditions. Freezing temperatures, stormy seas, hurricane wind forces are just a few things to contend with at the surface. Equipment on the sea floor may be difficult or impossible to access during drilling and must be designed to be nearly maintenance free for several years at a time, while still operating 24 hours around the clock. The price tags on these rigs can easily climb past half a billion dollars.

Sending drill bits down through a mile or two of ocean and then three of four miles of variably dense rock strata to reach reserves is no small feat of engineering. The drill is made up of hundreds of pipe sections all linked together. Once a rig reaches its desired drilling site crews spend several days linking pieces together; as each piece is dropped into the water it is affixed to the next. Joints at each connection point allow limited amounts of flexibility for drilling.

Once a rig goes into production it must stay anchored in place for years at a time. In shallow waters rigs are anchored in place with synthetic moorings. These ropes are strong enough to resist the wind forces of a hundred year storm like Hurricane Katrina. Anchoring a deepwater rig is much more difficult and can even be dangerous by preventing it from moving to safer water in the event of a hurricane. Ocean currents in deepwater are much more powerful than shallow areas. Anchoring a deep water rig is done using massive propulsion mechanisms positioned at each corner of the rig. GPS monitoring equipment tracks the rigs position and tells the thrusters how to maintain status.

Systems are put in place on the ocean floor to help increase production speeds. Rock strata on the ocean's floor is porous and sponge like, therefore well pressures may not be strong enough to overcome the water column above. Powerful pumps are used to increase production speeds. The pipes and pump systems must withstand both the extreme freezing temperatures of the sea water at that depth, as well as the intense heat of the oil coming from the well which can reach temperatures of 400 degrees Fahrenheit. This interaction between the hot oil and the cold water can cause catastrophic backflow problems. High grade insulation is used to counteract this problem. Should a problem arise, robotic submarines can be dispatched to investigate and repair damages.

As exploration into the deepest regions of the Gulf of Mexico escalates and some of the largest oil fields in history are being discovered, Oil and Natural gas companies based in the United States, such as Triple Diamond Energy Corp, are able to work towards reducing US dependency on foreign oil imports. The future is promising!

About the Author: Robert Jent is President & CEO of Triple Diamond Energy Corp. Triple Diamond Energy is an independent producer of oil and natural gas. Located in the Dallas area, the company specializes in acquiring the highest quality prime oil and gas properties

Deep Ocean Exploration

2008-02-01T00:57:00.000-08:00

As accessible coastal oil reserves in shallow waters near the shore become exhausted, alternative sources must be continually found. A synthesis of advanced technologies has opened up new frontiers in deeps sea oil and gas explorations. With over 70% of the earth covered in water there is a lot of territory to explore, which makes starting in the right place a paramount issue. Sensors aboard satellites, surface ships, and submarines have helped locate and access oil reserves in areas previously thought impossible to reach. Currently drilling in the Gulf of Mexico is taking place at depths as low as 2500m’s.

Satellite imagery is an area continually undergoing innovation. In the past satellite data has been used to identify “macroseeps”, or large pools of oil at the surface leaked from reserves below. Using advanced sensing equipment and lasers, satellites can now pick up traces of hydrocarbons in the atmosphere above suspected oil reserves. Comparing images taken at various times can help pinpoint locate the exact sources of the seeps.

Determining actual depth seabed has traditionally been done with surface ships using depth sounding equipment, but now satellite altimetry is used to create images of the seabed below. Dips and bulges at the surface of the ocean, not visible with the naked eye, follow the ocean floor can be identified by measuring signals sent through a network of satellite and ground stations.

Until recently the intense pressures of the deep sea has limited submersible exploration. Robotics has allowed submersibles to dive as deep as 3600m’s, or 12 000ft. These craft can take pictures, videos, and scans as well as collect material samples from the oceans floor. Samples can be examined for hydrocarbon contents, and imagery can be used to locate oil seeps coming from the sea bed.

With oil wells successfully operating nearly a mile below the surface mining and mineral exploration companies have begun to cross the rift to deep sea operations. If you can go 2 km’s through solid rock to reach mineral deposits why not 2km’s below sea level? Hydrothermal vents near volcanically active places superheat sea water as it seeps below the porous ocean floor. As the water shoots out the vent dissolved minerals precipitate forming mineral rich towers known as black smokers. These towers collapse over time forming vast fields of resources. Some suggest that mining in these sea beds are far less environmentally destructive than mining from the earth’s surface. Deposits lying on the sea floor are immediately accessible without extensive excavation efforts. Acid drainage released from the process would be neutralized in the alkaline sea water. Another benefit advocates point to is that no permanent structures or rock waste piles would be left behind.

With emerging superpowers, China and India, driving the demands for oil exponentially upwards American companies, such as Triple Diamond Energy Corp, are continually seeking new ways to reduce the need for foreign oil importation.

About the Author: Robert Jent is President & CEO of Triple Diamond Energy Corp. Triple Diamond Energy is an independent producer of oil and natural gas. Located in the Dallas area, the company specializes in acquiring the highest quality prime oil and gas properties

Chukchi Lease Sale 193 Announces Feb 6, 2008

2008-02-01T00:41:00.001-08:00

The Alaskan wilderness and surrounding seas have long been coveted by oil and mining companies for their richness in natural resources, but strict regulations and controversial environmental issues have prevented widespread efforts from taking place.

Currently debated is the Chukchi Sea lease sale 193. The Chukchi Sea area in question lies 25 miles off the north-western coast of Alaska. Reservoirs below are thought to contain 15 million barrels of recoverable oil and 76 trillion cubic feet of natural gas. The sea bed, lying between 95ft and 262ft, could be easily accessed by off shore drilling rigs. This icy sea is also one of two environmentally sensitive habitats of arctic polar bears, a species whose endangerment is also currently in debate. Impending decisions on the protection of their habitat could significantly limit development by the oil industry in the Chukchi Sea.

The Department of the Interior Minerals Management Service has proposed the sale of 29.4 million acres for oil and gas exploration to be held on Feb 6, 2008. This would be the first sale in this region in fifteen years. Oil and gas exploration and extraction companies will bid for the rights of 5355 blocks of territory and the MMS would collect a 12.5% royalty on revenue from all parcels. Advocates for the sale believe this could help bolster the faltering U.S. economy by providing a security that comes from reduced reliance on foreign oil supply.

Politicians, including Senator John Kerry, are advocates for delaying the sale until a decision can be made about the Polar Bears endangermenet. Delaying the sale by as much as three years would allow scientists more time to conduct studies on how further commercial activity may cause imbalance in this region. Scientists also seek to develop an understanding of how global warming is impacting habitat. Polar bears are carnivores and scavengers that live and hunt for food off the ice floes of the Chukchi Sea. When the ice melts the bears either drown or are forced inland, which limits their access to their staple food sources: seal, walruses, and narwhal and beluga whale carcasses.

Some have questioned why the proposed sale is to take place before the decisions about the polar bear habitat, however it seems there is little that can be done to stop the sale now. The Alaska Wilderness League expects companies like Exxon, Shell, and Statoil to be bidding on the sale. Companies like Triple Diamond Energy Corp could also benefit from further oil developments in the region.

About the Author: Robert Jent is President & CEO of Triple Diamond Energy Corp. Triple Diamond Energy is an independent producer of oil and natural gas. Located in the Dallas area, the company specializes in acquiring the highest quality prime oil and gas properties

Mineral Exploration In Canada

2008-01-29T10:31:00.000-08:00

Canada has been a leader in mineral exploration and extraction for over 50 years. Canada is the largest single exporter of oil to the United States, and Alberta is the #2 oil supplying region in the world. Mines in Quebec, Saskatchewan, British Columbia, Ontario, and Alberta extract enormous quantities of aluminum, coal, potash, copper, diamond, gold, nickel, uranium, zinc, oil, and natural gas that are shipped throughout the world. Over half of the world’s 2300 mining related companies are listed on Canadian stock exchanges, and 40% of the world’s mining companies are based in Canada. In 2006 over $440 billion dollars worth of mineral and fuel related natural resources were exported throughout the world.

Mineral exploration is the segment of the industry that is responsible for identifying new assets for mining companies to exploit. Staking a claim and moving to production is a process that can take years. Exploration workers face the most rugged terrains and weather conditions in identifying viable assets.

Before any work on the ground is started extensive research of geological reports and surveys is done to determine where the company will stake its claim. Once a promising area is identified a claim is literally staked out by cutting tree posts at the corners and blazing lines between them. Stakes that are drawn up on a map and reported to a governing office must be dated including a starting and finishing date. At this point prospectors can be sent in to examine the surface rocks. Prospectors carry a special tool with a hoe on one end and a hammer on the other. The hoe is important for clearing underbrush. Rock sampling is done by breaking open rocks and examining them for mineral contents with a magnifying glass. Soil samples are collected on a cut grid or with GPS to be later examined in a lab. All findings are catalogued and recorded. A curious nature is the most important characteristic a prospector must have. It is what drives them to keep looking.

If the samples suggest high mineral content below the surface machines may be brought in for further investigation. Surface vegetation is cleared with a backhoe exposing bedrock. Additional samples are cut from the bedrock with a handheld gas powered diamond blade saw. Most exploration companies are small operations that do not possess the financial resources or backing to bring an asset to profitability. Once all the data is compiled these companies pitch the asset to large mining companies, such as Triple Diamond Energy Corp, with deep pockets and extensive financial backing for a fixed price. In some circumstances they may preserve some property rights or small percentage should one day the claim becomes productive.

The industry does not consist solely of prospectors, but also many other individuals all experts in their fields as it relates to mineral exploration. Specialized financial and legal firms assist with financing, and detailing contracts. Coring and drilling operations assist with the collection of samples. Other companies provide supply and transport solutions, geological surveys, feasibility studies, drilling equipment and maintenance. Development of new technologies is always changing the way mining exploration is carried out.

About the Author: Robert Jent is President & CEO of Triple Diamond Energy Corp. Triple Diamond Energy is an independent producer of oil and natural gas. Located in the Dallas area, the company specializes in acquiring the highest quality prime oil and gas properties

Practical Ways to Conserve Energy

2007-11-14T00:26:00.001-08:00

With energy prices across North America escalating, consumers are looking for practical ways to reduce their electrical and natural gas bills. Any household can save up to 50% of their electrical bills by doing just a few simple things.

One way consumers can decrease their household electrical bills is to be made aware of a type of energy consumption referred to as phantom load. Phantom loads are electrical appliances that still use electricity even when they are turned off. Phantom load appliances include anything with a digital clock such as DVD players or VCRs, stereos, and microwaves. Also, computers, printers, monitors, and fax machines all draw on power when plugged in. A simple solution is to use power bars that have on/off switches. Connect stereo systems & entertainment systems to the power bar, and turn the power bar off when not in use. This will not harm your electronics at all. Attach your entire computer system to a power bar or two. If you leave your computer on all the time, at least put the monitor, printer, speakers, scanner, etc, etc on a power bar and turn that off. If you turn your computer off anyway, put it all on a power bar.

Heating is generally one of the largest single consumers of electricity. Another thing to do to reduce your heating bill is to insulate your hot water tank. You can buy insulation kits at any hardware store. Make sure your hot water tank is located somewhere warm. If the tank is outside in an unheated garage, it will lose even more heat.

Use hot water wisely. The first run of hot water that takes a minute to reach the faucet is tremendously wasteful, as this simply heats up the water in the pipes, with only a fraction of that water reaching you.

Turn the thermostat down at night and when you are away from the house during the day. Consider installing a programmable thermostat which will heat the house up before you wake in the morning, turn it down during the day, and then warm it up again before you come home from work. This will let you save on heat, yet not have to come home or wake up to a cold house

Use insulating curtains on windows during the night. Inspect and resolve any drafts that are the result of defective weather stripping around doors and windows. Have your furnace and hot water heaters serviced regularly to ensure they are operating at peak efficiency. Close off rooms that are not in use, and turn off the heat or block the registers.

Consider adding a solar-thermal hot water heating system. Capturing the infrared energy from the sun is a simple, extremely efficient process. A modest-sized solar collector can provide a significant quantity of the domestic hot water used in a home or business.

These are just a few examples of ways you can reduce your energy usage. Although the myriad of methods may seem overwhelming, implementing even just a few can save you thousands in the years to come.

Chris Jent is the chief marketing officer 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.

Environmental Concerns on Oil Extraction Methods

2007-11-14T00:22:00.000-08:00

The global dependence on oil and resources is unquestionable. Extracting these resources deep below the Earth’s surface can be extremely difficult, if at all possible. Advancements in extraction science have allowed drillers to reach oil previously unreachable. However, certain techniques employed have caused concerns among environmental scientists.
In the process of drilling into an oil or natural gas reservoir, debris and other matter may clog the bore hole preventing a majority of the oil reserves from being extracted. Hydraulic fracturing is a technique that creates new pathways for oil to be released by injecting water mixed with chemicals underground at high pressures. The pressure of fluid being injected is greater than the pressure in the formation. This causes the formations to crack or fracture and the oil or gas flows more freely out of the formation. Scientists are concerned that some of the injected fluids may remain trapped underground long after the oil is removed.

Stimulant fluids used in this technique are combined with chemicals. One commonly used stimulant fluid is diesel fuel, which contains benzene, ethyl benzene, toluene, xylene, naphthalene and other chemicals. Even a small amount of a chemical such as benzene can contaminate significant amounts of underground water. Studies have linked exposure to benzene with cancer, birth defects, and respiratory disease.

Hydraulic fracturing is commonly used in coal bed methane production areas. Many coal beds contain aquifers which meet the standards to be considered underground sources of drinking water. Since hydraulic fracturing is being used in these areas, these underground sources of drinking water are at risk of contamination from harmful chemicals. Studies have shown that 20-40% of the fracturing fluids remain in the rock indicating that contamination is not just a short term problem, but one that could continue for years to come. These chemicals not only affect the drinking water but have adverse effects on the geological formations, such as causing decreased permeability.

Companies, such as Triple Diamond Energy Corporation, are now implementing safer hydraulic fracturing practices to decrease the risk of drinking water contamination. Some of those practices include using sand and water in the stimulant fluid without any additives, using non-toxic additives, and eliminating the use of diesel fuels. Lining the backflow pits with impermeable coatings around the borehole, which reduces re-absorption of fracturing fluids, as well as collecting and storing these back flow wastes in steel tanks are some other examples environmental exposure to potentially harmful chemicals can be dealt with.

Implementing measures such as these will not only help our nation meet its goals today, but also ensure a safe and healthy environment for future generations.

Chris Jent is the chief marketing officer 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.

Dynamic Gas Pulse Loading - A Better Solution

2007-11-11T22:17:00.001-08:00

Setting up a drilling platform is a costly endeavour. It is important that the maximum amount of oil or gas be extracted from the reservoir and the fastest rate possible. Running the crews around the clock isn’t enough to accomplish this task. Once the initial oil or gas is released from a reservoir the hydrostatic pressure will drop and the flow rate will be reduced or stop completely. Oil and gas further away from the drill site may not have a clear path to the borehole. Well drillers have come up with a number of techniques to solve this problem.

Hydraulic fracturing, and acidizing are the most commonly used methods, however, The idea behind these two techniques is to create fractures in the rock thereby increasing the radius the well is able to draw oil or gas from. However, certain circumstances may dictate these methods unsuitable. One problem is that they involve using large quantities of fluids, which certain formations may be sensitive to. They may not actually create fractures on an outward horizontal plane.

The Dynamic Gas Pulse Loading (DGPL) system generates high-pressure gasses, which induce and propagate multiple fractures in the targeted zones in very short time frames. The resulting hot gas, contained by a liquid column in the wellbore, expands to generate a fracture network extending from each perforation tunnel in the treatment zone. The DGPL system uses mechanical pressure gauges to monitor the fracture response of the formation. Time-dependent pressure recording provides a more detailed picture of the fracture process. The system is lowered into a well on an electric wire line or by a modified tubing conveyance. A down hole pressure sensor connected by wire to the digital recorder system at the surface provides instant access to the data and does not risk damage to the digital recorder.

Some would argue that dynamic gas pulse loading is a better method to increase the flow rate of gas and oil wells. Certain benefits are obvious. A DGPL system eliminates the need for large storage tanks at the surface and pump trucks. Most importantly, drillers are able to control the direction of the fractures. This eliminates the possibility of damaging the reservoir with hydraulic methods that may only create fractures in a vertical direction, and possibly rendering the well unusable.

Triple Diamond Energy Corporation and others will most surely benefit from continued scientific research in the field of well stimulation.

Chris Jent is the chief marketing officer 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.

Stimulation Techniques used in Oil Drilling

2007-11-11T22:16:00.000-08:00

Fictional media depictions of oil drilling have given the general public an inaccurate picture of the ease with which oil is removed from its rocky reservoirs. Typically it is not all gushing geysers in response to a little drilling. In actuality an oil-bearing formation may contain a large amount of oil, but low flow rate as a result of low permeability or blockage from debris may slow the extraction process. This is especially true for tight sands, oil shale, and coal bed methane. There are two major categories of stimulation techniques used by oil drillers to help alleviate this problem and restore flow of fluids from the reservoir to the borehole. They are called hydraulic fracturing, and acidizing or matrix treatments.

Hydraulic fracturing is a method that creates new pathways for the oil to travel by injecting fluid underground at high pressures. This causes the formations to fracture, and the oil or gas flows more freely out of the formation .Typically, in order to create fractures a mixture of water, proppants (sand or ceramic beads) and chemicals is pumped into the rock or coal formation. Eventually, the formation will not be able to absorb the fluid at the same rate that it is being injected. At this point, the pressure created causes the formation to crack or fracture. The fractures are held open by the proppants, and the oil or gas is then able to flow through the fractures to the well. Coal bed fracture treatments use between 50,000 and 350,000 gallons of various stimulation and fracturing fluids, and anywhere from 75,000 to 320,000 pounds of proppant during the hydraulic fracturing of a single well.

Chemicals commonly used in combination with stimulant fuels include diesel fuel, which contains benzene, ethylbenzene, toluene, xylene, naphthalene, polycyclic aromatic hydrocarbons, methanol, formaldehyde, ethylene glycol, glycol ethers, and sodium hydroxide. This fracturing method is performed above the fracture pressure of the formation and creates a highly passable flow path between the reservoir and the borehole.

Acidizing involves injecting the formation with acid, typically hydrochloric acid, which causes the rock to dissolve opening rock pores and allowing fluid to flow more easily. Matrix acidizing is administered at a high rate, but at treatment pressures below the fracture pressure of the formation. This allows the acid to saturate the formation and amplify the depth of treatment while averting further breakdown of the reservoir formation. These methods are sometimes combined to create an acid fracture treatment.
These important techniques are helping companies like Triple Diamond Energy Corporation to get the maximum benefit out of their wells, by reducing costs and environmental impact of oil and gas drilling.

Chris Jent is the chief marketing officer 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.

Extraction Methods for Natural Gas in the Barnett Shale

2007-10-01T20:02:00.000-07:00

The Barnett Natural Gas Field is contained within a very hard sedimentary rock formation called Shale. Shale is a fine-grained rock made up of ancient compacted clays or mud. Until recently the Barnett Shale Gas Fields were largely untapped due to the difficulty and cost to extract the gas. The recent increase in natural gas prices along with improvements in extraction methods has made it possible to produce wells in the Barnett Shale that are commercially viable.

One of the improved extraction methods is called Hydraulic Fracturing. First developed in the United States 1948, Hydraulic Fracturing simply creates fractures that extend from a borehole into rock formations. A hydraulic fracture is formed by pumping a fracturing fluid into the well bore at a rate sufficient to increase the pressure down the bore hole fracturing the surrounding rock formation.

In order to keep this fracture open after the injection stops, a solid proppant is added to the fracture fluid. The proppant, which is commonly a sieved round sand, is pumped into the fracture. This sand is chosen to be higher in permeability than the surrounding formation and the propped hydraulic fracture then becomes a conduit through which the fluids can be produced back to the well.

Another recently improved method is Directional or Horizontal Drilling. Horizontal Drilling is the science of drilling non-vertical wells. Directional drillers are given a well path to follow that is predetermined by engineers and geologists before the drilling starts. Once the drilling starts, periodic surveys are taken with a camera instrument to provide survey data such as inclination and azimuth of the well bore.

Since major portions of the Texas Barnett Shale Gas Field are covered by development, Horizontal Drilling has to be used to reach areas without disrupting the day to day life for residences, schools, and businesses in the area.

Much of the gas in the Texas Barnett Shale is lodged beneath the City of Fort Worth. Horizontal Drilling has helped create a financial win fall for the city.

In 2005–2007 horizontal drilling in the Texas Barnett Shale extended south into Johnson, Hill, and Bosque counties, with a 100% success rate on completed wells.

About the Author:
Chris Jent is Chief Marketing Officer of Triple Diamond Energy Corporation. Triple Diamond Energy Corporation is an independent producer of oil and natural gas. Located in the Dallas area, the company specializes in acquiring the highest quality prime oil and gas properties.