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When is XOM supposed to start processing their gas?
#1

Is it conceivable, that XOM will be able to purchase Gas from IOC -  (Triceratops or even Antelope) during the next 4-5 years when our plant is being built?  Can't help but think about that Tee that XOM put in place.  Wouldn't that also streamline the cashflow for IOC?  IF XOM is online within a year, isn't it possible we could have our pipline in place and hooked up to the tee somewhere in that time frame, allowing us to not only have a sale down to CVX, but also XOM?  As in multiple bidder(s)!   Question is - does the gas have to be conditioned prior to sending it down the line to the tee, or can we start immediately when the pipe is in place?

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#2

'Optionray' pid='16619' datel Wrote:

Is it conceivable, that XOM will be able to purchase Gas from IOC -  (Triceratops or even Antelope) during the next 4-5 years when our plant is being built?  Can't help but think about that Tee that XOM put in place.  Wouldn't that also streamline the cashflow for IOC?  IF XOM is online within a year, isn't it possible we could have our pipline in place and hooked up to the tee somewhere in that time frame, allowing us to not only have a sale down to CVX, but also XOM?  As in multiple bidder(s)!   Question is - does the gas have to be conditioned prior to sending it down the line to the tee, or can we start immediately when the pipe is in place?

Option- The gas will have to be conditioned by the condensate stripping plant before it can be put in the Exxon pipeline. So we will have to build the CSP and the pipeline. Then we can sell gas to Exxon.

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#3
Pet- is 24 months a reasonable time period to build a CSP???
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#4

'jft310' pid='16626' datel Wrote:Pet- is 24 months a reasonable time period to build a CSP???

I think it can be done in 24 months.

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#5

'petrengr1' pid='16624' datel Wrote:

'Optionray' pid='16619' datel Wrote:

Is it conceivable, that XOM will be able to purchase Gas from IOC -  (Triceratops or even Antelope) during the next 4-5 years when our plant is being built?  Can't help but think about that Tee that XOM put in place.  Wouldn't that also streamline the cashflow for IOC?  IF XOM is online within a year, isn't it possible we could have our pipline in place and hooked up to the tee somewhere in that time frame, allowing us to not only have a sale down to CVX, but also XOM?  As in multiple bidder(s)!   Question is - does the gas have to be conditioned prior to sending it down the line to the tee, or can we start immediately when the pipe is in place?

Option- The gas will have to be conditioned by the condensate stripping plant before it can be put in the Exxon pipeline. So we will have to build the CSP and the pipeline. Then we can sell gas to Exxon.

Thanks, Ken had the same question I had.  24 months doesn't sound too bad.

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#6
That's cash flow boys and girls insane 24 months before the LNG was completed ...understand that's conditioned NG and confensate sales or thru their refinery maybe
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