MMEX supporters are so very sad... As copiously
Post# of 4466
(Total Views: 240)
Posted On: 11/30/2018 5:00:58 PM
Re: DieselBuzz #4072
MMEX supporters are so very sad...
As copiously documented, straight-run "diesel" is rarely used in any direct application - a limited, and decreasing use has been found in HOBM (drilling mud - not fracking fluid), and that application is rapidly declining.
Use of diesel in fracking fluid would require a special UIC. Here is the reference:
http://www.rrc.state.tx.us/media/20701/062014-hf-diesel.pdf
No reputable operator would use diesel, straight-run, or otherwise in fracking fluid - it would be suicide for a variety of reasons.
MMEX supporters are easily confused, because they lack any real knowledge of the sector - the 10K BPD is the unit's name-plate rating - no production unit actually produces at the name-plate rating - industry averages are in the 80% - 85% range, for well-run stable plants. Based on the feedstock assay (in MMEX's TCEQ application), the unit might, at peak production, if it were ever built, generate 7,000 bpd of straight-run diesel, at the expense of other intermediate product streams.
The MRT, a fourth-rate, C-market media outlet, did no actual vetting of the PR supplied by MMEX - they simply regurgitated it without any due diligence or fact checking - in turn, unsophisticated retail investors, with zero sector knowledge eat it up, and spit it back out.
As copiously documented, straight-run "diesel" is rarely used in any direct application - a limited, and decreasing use has been found in HOBM (drilling mud - not fracking fluid), and that application is rapidly declining.
Use of diesel in fracking fluid would require a special UIC. Here is the reference:
http://www.rrc.state.tx.us/media/20701/062014-hf-diesel.pdf
No reputable operator would use diesel, straight-run, or otherwise in fracking fluid - it would be suicide for a variety of reasons.
MMEX supporters are easily confused, because they lack any real knowledge of the sector - the 10K BPD is the unit's name-plate rating - no production unit actually produces at the name-plate rating - industry averages are in the 80% - 85% range, for well-run stable plants. Based on the feedstock assay (in MMEX's TCEQ application), the unit might, at peak production, if it were ever built, generate 7,000 bpd of straight-run diesel, at the expense of other intermediate product streams.
The MRT, a fourth-rate, C-market media outlet, did no actual vetting of the PR supplied by MMEX - they simply regurgitated it without any due diligence or fact checking - in turn, unsophisticated retail investors, with zero sector knowledge eat it up, and spit it back out.
Quote:
here you go- "The distillation unit, when complete by the end of 2018, will generate 10,000 barrels a day of mid-range diesel that will be used for non-transportation purposes such as in hydraulic fracturing fluids, naptha and residual fuel oils."
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