Completing a FERC document is no easy task even when it is in Texas. Read it. Several hundred pages. Independent environmental firm to evaluate and another one working with TIDE. Go dig around TORP and see what you find. This is real enough, it is a question of money & partnerships.
Been tracking these guys for years;
Tidelands Oil & Gas Corporation Looking to Mexico for New Opportunities
HOUSTON--October 19, 2004--Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Tidelands Oil & Gas Corporation (OTCBB: TIDE) (San Antonio, Texas) is planning to make some major investments in Mexico's natural gas sector. Tidelands is planning to construct a new underground natural gas storage facility near Reynosa, Mexico. The government of Mexico will own the facility, and Tidelands will have the right to construct and operate it.
The storage facility will be based on an existing depleted reservoir and will be constructed in two phases. Each phase will have a natural gas storage capacity of approximately 25 billion cubic feet (Bcf). Surface facilities to support the project will include a 50,000 horsepower compressor station with a high-throughput dehydration unit. The compression will most likely be based on internal combustion engines.
To supply this proposed storage facility, Tidelands will construct a total of 100km of 30" and 36" diameter natural gas pipelines from Texas to the storage property in Mexico. The first pipeline will connect Progreso, Texas, with Nuevo Progreso, Mexico. The second pipeline will connect Mission, Texas, to the storage reservoir.
Tidelands hopes to begin construction on the storage and associated pipelines in late 2005 or early 2006, with commercial operation slated for just over a year later. The government of Mexico hopes that this project will help protect its economy from the price swings in natural gas originating in the U.S., which affects the market in Mexico, as well.
View Project Report - 65000473 01010078 01010055
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Tidelands Oil & Gas Studies Possibility of Constructing an LNG Receiving Facility Off the West Coast
SUGAR LAND--August 11, 2006--Researched by Industrial Info Resources (Sugar Land, Texas). Esperanza Energy, LLC (San Antonio, Texas), a subsidiary of Tidelands Oil & Gas Corporation (OTC:TIDE) (San Antonio, Texas), is planning to construct a new LNG receiving facility off the coast of California. The proposed platform will be located twelve miles offshore of Long Beach, California. The platform will use TORP HiLoad LNG Regas technology and could have a regasification capacity between 600 million cubic feet per day and 1.2 billion cubic feet per day of natural gas. The proposed facility will incorporate a single platform fitted with two HiLoad regasification buoys. There will be no on-site storage of LNG. The LNG will be re-gasified as it is offloaded from a docked LNG carrier.
Tidelands Oil & Gas Corporation has retained the services of ENTRIX, Incorporated (Walnut Creek, California) as the project’s environmental permitting consultant. The proposed LNG receiving platform will carry an estimated capital cost of $450 million, which does not include the cost of the 14-mile, 24” diameter natural gas pipeline that will be needed to be constructed in order to deliver the gas to the local pipeline grid. All things considered Tidelands Oil & Gas expects to begin construction some time in 2009, with a completion date targeted for in 2010.
View Project Report - 06004854 06004855
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