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Jordan Spizikes Killer Coalbed Methane Gas Powers

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Dołączył: 25 Maj 2011
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PostWysłany: Czw 12:45, 26 Maj 2011    Temat postu: Jordan Spizikes Killer Coalbed Methane Gas Powers

ler Coalbed Methane Gas Powers Chinese Taxis
Successful investors can predict where the market is going years before the rest of us. Like the clichés of selling ice to Eskimos (or the British version of selling coal to Newcastle), Richmond, Virginia-based Coal Baron E. Morgan Massey was five years ahead of the markets when he raised $75 million to develop coal mines in China’s Shanxi province in 2001.
As early as 1994, the seventies-something founder and chairman of A.T. Massey Coal, which has since evolved into Massey Energy (MEE), began planning to bring American-invented Longwall mining technology to China’s coal mines in Shanxi province. With his Chinese partners,Jordan Shoes 2011 Kingsland Property Group, Massey and Asian American Coal control about two billion tons of coal reserves.
It is Massey’s spin off coalbed methane (CBM) company Asian American Gas,Jordan Spizike, which caught our eye. According to Shanxi News,Jordan SC-1 Why Six Sigma Works Against The Recession,Jordan Spizikes, the CBM output of a pilot well set a new national record, continuously producing 40,000 SCM per day (standard cubic meters). The new technology which created the new national record is something called “Multi-Lateral Drilling (MLD).”
Asian American Gas Chief Executive Zou Xiang Dong claimed the MLD technology helped the methane gas output for his wells on his company’s Panzhuang CBM block in Shanxi province jump by more than 40 times that of conventional vertical wells. Obviously the company is excited as four other MLD wells installed in the latter half of 2006. The company believes those wells might also have the potential to match the record production.The previous daily output record stood at 16,000 cubic meters.
China Celebrates Coalbed Methane
An inside look at China’s rapidly blossoming CBM industry is nothing if not electrifying. The world’s energy entrepreneurs have been rushing to China to take up the country’s state-owned methane gas company

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