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Post by Watermallen on Aug 24, 2018 2:26:31 GMT -5
Midstream: the transport, terminaling and storage of crude oil, refined products and natural gas liquids (NGLs).
Once Zion has established a commercially viable oil and/or gas well, a midstream service provider (most likely not Zion) will take it from there.
I'm curious to know who that provider might be. Will Zion build on-site storage tanks or the service providers? (I would bet initially it's Zion)
I would guess that initially the midstream provider would ship the well products in trucks, followed by a build-out of a pipeline.
Would they hold-off on a pipeline until more wells (MJ#2, 3...#n) were producing?
I wonder if we might be able to invest in the midstream company as well.
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Post by Ethan / JRyan on Aug 24, 2018 6:20:23 GMT -5
Good Question - I would look at what Noble ran into and it might give us an idea. I had read that Noble/Delek was not to pleased with Israel and its rules when it came to their Natural gas find.
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