Drillers find that CNG and LNG conversions are cost effective

With natural gas prices low, producers have been eager to locate new markets for their supplies. Coincidentally, some drillers are finding it economical to install kits that allow "trucks, generators and even the drilling rigs" to run on natural gas. The rigs run on a combination of LNG and diesel and "can be quickly switched to diesel-only mode should LNG supplies become tight," according to E&E Reporter. Use of LNG and CNG is still relatively rare in oil and gas drilling operations, but the trend is catching on as companies try to prevent flooding the market and causing prices to drop even more. For more, read the full story.