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US shale drillers to reduce Permian emissions, increase reliability with nuclear reactors
Posted on 4/1/24 at 1:06 pm
Posted on 4/1/24 at 1:06 pm
quote:
(Bloomberg) – U.S. oil and gas companies including Diamondback Energy Inc. are considering small nuclear reactors to power drilling operations in Texas’s Permian basin, a move aimed at cutting carbon emissions and ensuring reliable access to electricity.
Diamondback, the largest independent producer headquartered in the shale-oil region, has signed a nonbinding letter of intent with Oklo Inc. to deploy small reactors for some of its future power needs, according to Diamondback President Kaes Van’t Hof. Oklo, which is developing an advanced fission reactor, has held similar discussions with other oil companies, its chief executive officer said in an interview.
Permian producers have increasingly shifted their operations from diesel generators to electricity supplied by the local power grid. But the Texas grid can be shaky, especially in remote parts of the oil patch. A drilling site with its own nuclear plant would offer reliability without greenhouse gas emissions, since reactors generate power without spewing carbon dioxide.
“Small nuclear reactors could make sense as a low-cost, low-carbon, high-reliability alternative energy source for a company like Diamondback whose energy needs continue to increase,” Van’t Hof said by email.
It won’t happen soon, however. Oklo and other companies developing small reactors are years away from delivering commercial systems.
Oklo’s 15-megawatt system would be far smaller than the conventional reactors used today, which typically produce 1,000 megawatts of electricity. (A megawatt is enough to power 200 typical Texas homes.)
Supporters say small nuclear plants would be a good fit for powering industrial sites, especially in far-flung locales. Some companies are also interested in tapping heat from reactors, such as chemical giant Dow Inc., which has said it’s planning to power a Texas facility with a system from X-Energy Reactor Co.
Nuclear power is increasingly seen by policy makers as a key part of the fight against climate change. While there’s a growing push to eliminate fossil fuels, Oklo CEO Jacob DeWitte said it’s going to take a long time to curb the demand for oil. Incorporating nuclear power into the drilling process would help reduce greenhouse gases while oil is still needed.
“These fossil fuels are going to be produced. Do we want to burn carbon to produce them, or do we want to not burn carbon to produce them?” DeWitte said in an interview. “There’s a pretty obvious answer.”
LINK /
Posted on 4/1/24 at 1:34 pm to ragincajun03
They want to eliminate fossil fuels by using Nuclear reactors to power the extraction of fossil fuels; did I read that right?
Posted on 4/1/24 at 1:37 pm to CamdenTiger
quote:
They want to eliminate fossil fuels by using Nuclear reactors to power the extraction of fossil fuels; did I read that right?
No. They want to use mini reactors to provide stable power to remote areas without having to build out a shite ton of infrastructure and blow money on fuel, logistics, etc. and also get the production tax credit to run from taxes.
This post was edited on 4/1/24 at 1:38 pm
Posted on 4/1/24 at 1:39 pm to ragincajun03
Diamondback ran me off a couple of times
Posted on 4/1/24 at 1:39 pm to billjamin
quote:
etc. and also get the production tax credit to run from taxes.
Aaahhh!
Posted on 4/1/24 at 1:40 pm to CamdenTiger
quote:
They want to eliminate fossil fuels by using Nuclear reactors to power the extraction of fossil fuels; did I read that right?
You did not read that right.
Posted on 4/1/24 at 2:13 pm to Krane
quote:
Diamondback ran me off a couple of times
What you did, baw? Put your pipe in the pipe slicer?
Posted on 4/1/24 at 2:15 pm to ragincajun03
Prolly lost the key to the v door.
Posted on 4/1/24 at 2:28 pm to ragincajun03
quote:
has signed a nonbinding letter of intent with Oklo Inc.
I wonder how much these little guys cost and how many homes they can run?
Posted on 4/1/24 at 2:35 pm to ragincajun03
My company said we could drill 750’/hr with good AGR resolution along with communications with the rotary steerable
We could not
We could not
This post was edited on 4/1/24 at 2:37 pm
Posted on 4/1/24 at 2:42 pm to ragincajun03
I wouldn’t hate it if these were small molten salt reactors…
BTW if any oil companies are reading this and want to support research into this by professor in the area that co-oped at nuclear plant years ago, I’d be more than happy to consult on those projects. (Need to make up for what Bidenomics has done and continues to do to my bank account)
BTW if any oil companies are reading this and want to support research into this by professor in the area that co-oped at nuclear plant years ago, I’d be more than happy to consult on those projects. (Need to make up for what Bidenomics has done and continues to do to my bank account)
Posted on 4/1/24 at 2:55 pm to ragincajun03
There are a couple of California-based companies that have some very innovative technology for smaller & very safe reactors that will be changing all of our lives in the coming decades.
Posted on 4/1/24 at 4:21 pm to GumboPot
quote:
I wonder how much these little guys cost and how many homes they can run?
$3-8MM per MWp to buy.
Posted on 4/1/24 at 4:24 pm to ragincajun03
You can’t build a nuclear reactor in less than 20 years in the United States. Period.
Just ask Georgia Power and South Carolina Electric and Gas.
Just ask Georgia Power and South Carolina Electric and Gas.
Posted on 4/1/24 at 4:24 pm to SneezyBeltranIsHere
quote:
There are a couple of California-based companies that have some very innovative technology for smaller & very safe reactors that will be changing all of our lives in the coming decades.
I thought the US Military was working with small portable reactors for power as well.
Posted on 4/1/24 at 5:00 pm to Deplorableinohio
quote:
You can’t build a nuclear reactor in less than 20 years in the United States. Period.
True for grid-interconnected. Portable self consumption generation has always been a bit of a hot potato. Who permits it? Who inspects it? Who's the AHJ? Point being, they very well may not be beholden to the current issues, and certainly won't have the NIMBY attacks that cause so many delays. But maybe the feds lock it down and its worse (probable scenario). We'll see.
This post was edited on 4/1/24 at 5:47 pm
Posted on 4/1/24 at 5:21 pm to Deplorableinohio
quote:
2001: Utilities including Southern Co., the parent of Georgia Power Co., meet with federal regulators to discuss ways to ease permitting for new nuclear power plants, in a push by President George W. Bush's administration.
It started generating electricity last year. Confirmed.
Posted on 4/2/24 at 9:26 pm to LemmyLives
Thank you. That’s 23 years.
Posted on 4/2/24 at 9:35 pm to BamaChemE
quote:
BTW if any oil companies are reading this and want to support research into this by professor in the area that co-oped at nuclear plant years ago, I’d be more than happy to consult on those projects. (Need to make up for what Bidenomics has done and continues to do to my bank account)
Hmm…. You and I both may be acquainted with a certain professor who worked at Abilene Christian.
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