Showing posts with label colorado energy news. Show all posts
Showing posts with label colorado energy news. Show all posts

Tuesday, July 14, 2009

Colorado Energy News Launches “Energy Leadership Series

Published by: Heartland Energy Colorado

The leading news and information hub for Colorado’s energy industry is providing overdue recognition to the organizations out in front on energy innovation and development in the state.

Basalt, CO (PRWEB) September 9, 2008 — Colorado is ground zero for energy development in the 21st century, and now the companies and organizations that are helping propel it forward will be recognized in a new Energy Leadership Series sponsored by Colorado Energy News.

ColoradoEnergyNews.com delivers the most comprehensive coverage of the business, politics and technology of the state’s rapidly growing energy industry, including the latest developments in oil and gas, renewables and power generation. The website includes streaming video channels with energy-specific content, including Going Green, Pain at the Pump and Bloomberg Energy News.

“From traditional oil and gas developers on the Western Slope to new solar and wind power projects along the Front Range, Colorado-based companies are creating thousands of jobs and contributing to the state’s emerging position as a leader in both traditional and new energy markets,” says Executive Editor, David Hill.

Natural gas development has become a major energy driver in the Rocky Mountains and Colorado in particular. Piceance Basin in the western part of the state is one of the largest gas fields in the country, fits in perfectly with T. Boone Pickens’ ambitious plan to reduce America’s dependence on foreign oil. With the state’s boom in gas production has come public policy and environmental issues, which visitors to ColoradoEnergyNews.com can read about daily. The Colorado Oil and Gas Conservation Commission is addressing many of these issues by developing new rules for oil and gas operations in the state, scheduled to become law this fall.

Another important story reported in Colorado Energy News is the Ritter Administration’s drive to attract renewable energy investment, which is paying off with companies, such as Swedish wind turbine manufacturer Vestas, constructing new facilities along the Front Range and adding hundreds of jobs. “Colorado should be a model for the world and the U.S. of what can be done in a state when everyone teams up to push for clean energy,” says Roby Roberts, senior vice president of external relations for Vestas America.

State law requiring large utilities to generate 20 percent of their electricity from solar, wind or biomass sources by 2020 is another key factor propelling Colorado’s new energy economy. Xcel Energy, the state’s largest utility company supplying more than 70 percent of the electricity, appears on track to meet the target with several years to spare.

Adding to a highly favorable environment for energy development is Colorado’s rich academic tradition. The state is home to several prominent energy-related education and research institutions, including the National Renewable Energy Laboratory in Golden; the Colorado School of Mines; Colorado State University, which has a major alternative energy curriculum; and Colorado University in Boulder.

“With our Energy Leadership Series, Colorado Energy News is shining the spotlight on those organizations making a difference in our economy and quality of life,” explains Hill.

“As Colorado goes, so goes the nation. It is an exciting time to be involved with energy and we look forward to sharing with our readers the cutting edge companies that are helping Colorado lead the way in energy solutions.”

The Search for Energy: Evaluating a Formation’s Oil Potential

Determining whether a formation contains oil and gas falls under the realm of formation evaluation. Formation evaluation includes the activities the operator does to test a formation for hydrocarbons. The operator must not only know whether hydrocarbons exist, but also whether they exist in ample amounts. A hole may penetrate a formation that contains hydrocarbons; however, if the formation does not contain enough hydrocarbons for the operating company to get its monetary investment back, the company may declare the hole to be dry. Methods of formation evaluation include examining cuttings and drilling mud, well logging, drill stem testing, and coring.

Several techniques are available to help the operator decide whether to complete the well. One of the simplest is looking at the cuttings the drilling mud carries from the bottom of the hole. A geologist can test the cuttings to determine whether they contain hydrocarbons. The mud logger, using various kinds of detection equipment, can also spot hydrocarbons in the drilling mud. An operator probably would not decide to complete or abandon a well using only information from cuttings and mud returns. Careful examination of them, however, can indicate whether the well is likely to produce.

Well logging is a widely used evaluation technique. Many kinds of logging tools are available. Some measure and record natural and induced nuclear, or radioactive, attributes of a rock. Others measure and record the way in which formations respond to electric current. Another log measures and records the speed with which sound travels through a formation. These are only a few on many logs available to operators. By interpreting the recordings, or logs, the operator can usually tell if the well will be a producer.

The operator calls the logging company to the well while the drilling crew trips out the drill string. From a portable laboratory, truck-mounted for land rigs or in a small cabin on offshore rigs, the well loggers lower logging tools into the well on wire line. They lower tools to bottom and then slowly reel them back up. When activated, the tools measure formation properties. The tools transmit the data they gather to the truck or logging shack. There, special recorders and computers store the information. For on-site evaluation, computers in the portable laboratory print the data. These logs give the operator a first look at what a formation may yield. For thorough evaluation, the portable lab can transmit the log’s data to powerful computers located at the central testing facilities. By carefully examining well logs, the operator can determine whether to complete the well. Well logs not only indicate the presence of oil and gas, they also indicate how much may be there.

During the drilling, the operator can run ‘logging while drilling’ (LWD) tools in the drill stem. These instruments incorporate sophisticated electronic devices that sense, transmit, and record formation characteristics as the bit drills ahead. The LWD tool transmits formation information on a pulse the tool creates in the drilling mud. Much as radio waves transmit sound information through air, mud pulses transmit formation information to computers on the surface. The computers analyze and display the information in readouts that experts on the site can interpret and evaluate.

Colorado Energy companies are constantly seeking out oil and testing wells before they drill. This ensures both economic return, and longevity. Heartland Energy Development Corporation evaluates domestic rock formations for oil. Heartland Energy is among the leaders in domestic oil evaluation and production.

Monday, July 13, 2009

Feds Roll Out New Lighting Rules and $346M for Energy Efficient Buildings

Reported by: Heartland Energy Colorado

The momentum for 2009 being called the year of ”energy efficiency” was punctuated further this week when President Obama detailed stricter new lighting standards and promised the swift release of $346 million in Recovery Act funds to boost energy efficiency in new and existing commercial buildings and homes.

“I know light bulbs may not seem sexy, but this simple action holds enormous promise because 7 percent of all the energy consumed in America is used to light our homes and businesses,” Obama said of the new rules that set higher thresholds for energy efficiency in lamps and lighting equipment.

Issued last Friday, the standards call for products made in the U.S. or imported for use here to meet the new parameters starting in 2012. According to the Department of Energy, the changes in lamps and lighting equipment would:

• Prevent the emission of as much as 594 million tons of carbon dioxide from 2012 through 2042, which is estimated as being roughly equivalent to removing 166 million cars from the road for a year.

• Save consumers $1 billion to $4 billion annually from 2012 through 2042.

• Save enough electricity from 2012 through 2042 to power every home in the U.S. for as many as 10 months.

• Eliminate the need for up to 7.3 gigawatts of new generating capacity by 2042, which the DOE says is equivalent to as many as 14 500MW coal-fired power plants.

The DOE’s release of $346 million in stimulus funds will go toward development and deployment of more energy smart buildings — and the technology and equipment to support them.

In the U.S., commercial buildings and homes account for about 40 percent of the energy consumption — more than any other economic sector — and for a similar percentage of CO2 emissions in the country. Existing structures present a ripe target for energy efficiency efforts and retrofits, the DOE noted, with three-quarters of the 81 million buildings in stock having been constructed before 1979.

The Recovery Act money for energy efficient structures will be allotted in five major areas:

• Advanced Building Systems Research, $100 million: Funding focuses on the development and design of integrated systems to control and manage the technology and equipment that enable structures to be more energy efficient. The goal is to accelerate progress toward zero-net energy buildings.

• Commercial Buildings Initiative, $53.5 million: Funds are to be used for expanding and speeding formation of partnerships among major companies and organizations with large building portfolios to make that property deliver “exemplary energy performance.” The DOE wants to increase the number of partnerships, now at 23, to about 75. Competitive applications for the partnerships will open in September.

• Buildings and Appliance Market Transformation, $72.5 million: Funding will be aimed at spurring the development of more energy efficient products through an expansion of Energy Star; preparing and educating various industries on how to implement commercial building codes that call for a 30 percent improvement in energy efficiency and take effect in 2010; and adapting the DOE Appliance Standards program to better address innovative technology.

• Solid State Lighting Research and Development, $50 million: The DOE’s Energy Efficiency and Renewable Energy department calls solid-state lighting “a pivotal emerging technology that promises to fundamentally alter lighting in the future.” The R&D funds in this area will be channeled toward work that will bring high-performance lighting technology and products to market more quickly.

• Residential Buildings Development and Deployment, $70 million: The money is to be devoted to projects that will provide technical training and assistance to residential builders and the workforce handling improvement and retrofitting of existing homes for energy efficiency, as well as the construction of new, energy-saving homes. Eligible projects include those run by municipalities, states and utilities.

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