Upload
alize-paschal
View
216
Download
1
Tags:
Embed Size (px)
Citation preview
COMM Engineering, USALafayette, Louisiana
VOC Emissions’ Fair Market Dollar
Value
COMPELComplete
Elimination
COMM Engineering, USALafayette, Louisiana
“Wa$te ga$” tonnage is 5 times estimated; value is
twice natural gas: 5 X 2 = 10
Wa$te ga$ Fair Market Dollar Value is
10 times assumed value
COMM Engineering, USALafayette, Louisiana
PROFITSNot Penalties
will do it for the EPA
EPA Denver Jan 25, 2005 4
COMM Engineering, USALafayette, Louisiana
VOC’s: Volatile Organic Compounds and
(CXH2X+2) Volatile Aromatic Hydrocarbons
Volatile Organic Hydrocarbons 1. Methane CH4 to Tridecane C13H28
2. BTEX: Benzene Toluene
Ethylbenzene Xylenes
3. The other toxic “stuff ”: H2S, etc.
COMM Engineering, USALafayette, Louisiana
More than 2%
of energy taken from wellheads is vented or
flared between wellheads and end users
COMM Engineering, USALafayette, Louisiana
Worldwide, on average, each barrel releases 100 standard cubic feet (SCF) of vent gas
containing, on average, 2000 BTU, worth more than
ten dollars per million BTU at the wellhead:
COMM Engineering, USALafayette, Louisiana
100 Scf per barrel X 2000 BTU per Scf
X $10 per million BTU =
$2.00 per barrel of crude oil
COMM Engineering, USALafayette, Louisiana
Actual On-Site Measurement: Dec 9-10,
2005 Vent Gas: 350 MScfD at 3012 BTU /
ScfOil Production: 2000 Barrels per
day350 MScfD X 3012 BTU/Scf X $10 / MM BTU =
$10,538 per Day or $3,836,000 per Year
$10,538 / 2000 barrels = VENT GAS WORTH
$5.27 per barrel of crude oil
COMM Engineering, USALafayette, Louisiana
When VOC’s go to market the
2 % increase in gross income becomes a
10 % increase in NET income
EPA Denver Jan 25, 2005 10
COMM Engineering, USALafayette, Louisiana
2004 USA Oil and Gas production:
1.955 Billion Barrels of Oil
Daily:
5,356,000 Barrels X $60 = $321,360,000
$2 / Barrel = $10,712,000
$10,712,000 / $321,360,000 =
3.33% is vented or flared
COMM Engineering, USALafayette, Louisiana
COMM Engineering, USALafayette, Louisiana
Secretary of Energy tasked by
Energy Policy Act of 2005 (SEC 954 (c) (4)) to collect data on:
“the quantity of natural gas vented or flared in association with crude oil
production.”
COMM Engineering, USALafayette, Louisiana
WHY this lost PROFIT ?
Presidents and CFO’s do not know
Production VP’s are OVERWORKED !
EPA Denver Jan 25, 2005 14
Vent Gas? Now? We’re busy !
EPA Denver Jan 25, 2005 15
Vent Gas? Now? We’re busy !
EPA Denver Jan 25, 2005 16
Vent Gas? Now? We’re busy !
COMM Engineering, USALafayette, Louisiana
Production VP’s are paid to pump oil - not recover
“wa$te ga$” or “shrinkage” between the wellhead and the gas sales
meter
COMM Engineering, USALafayette, Louisiana
“Wa$te ga$” or “$hrinkage” is 5 to 10 times the
reported or estimated tonnage
COMM Engineering, USALafayette, Louisiana
“Wa$te ga$” is typically 2000 BTU per
Scf.
It’s “$20 gas”, not $10 gas
per MScf (per MM BTU)
EPA Denver Jan 25, 2005 20
COMM Engineering, USALafayette, Louisiana
Vent gas is NOT “Wa$te Ga$”
Vent gas is
VERY valuable PRODUCT
EPA Denver Jan 25, 2005 21
The old or classic Methane Molecule:
EPA Denver Jan 25, 2005 22
The old or classic Methane Molecule:
HI
H - C - HIH
EPA Denver Jan 25, 2005 23
The NEW Methane Molecule:
$I
$ - $ - $I$
COMM Engineering, USALafayette, Louisiana
Again, “Wa$te ga$” tonnage is 5 times estimated; value is
twice natural gas: 5 X 2 = 10
Wa$te ga$ Fair Market Dollar Value is
10 times assumed value
COMM Engineering, USALafayette, Louisiana
This new funding source may increase
YOUR Departmental
Budget
COMM Engineering, USALafayette, Louisiana
Again, VOC Emissions’ Fair Market Dollar
ValueCOMPEL
Complete Elimination
COMM Engineering, USALafayette, Louisiana
For the Industry: You can bank your vent gas - not burn it - nor vent it harmfully into the air we breathe.
Vented gas is invisible. It leaves no sheen on the water, no footprint:
Your money is gone.
COMM Engineering, USALafayette, Louisiana
WE Identify, Quantify, Reduce and RECOVER
vent gas. WE will recovery it for FREE, if we own it.
Do you want your money from your vent gas?
Do your Partners? Your stockholders? Your owner?
Your Directors? CalPERS? Your State? MMS?
US EPA? US Interior Dept.? US Dept. of Justice?
They may. Call us. Your call will benefit EVERYONE.
COMM Engineering, USALafayette, Louisiana
Vent Ga$ : IT I$A Revenue $tream
Provided by
NEW TECHNOLOGY
COMM Engineering, USALafayette, Louisiana
NEW TECHNOLOGY:Measure$ Vent Ga$
Recover$ Vent Ga$
COMM Engineering, USALafayette, Louisiana
RECOVERING Vent Ga$
Is
Sustainable Development
COMM Engineering, USALafayette, Louisiana
RECOVERING Vent Ga$
is CONSERVATION of
Natural Resources
EPA Denver Jan 25, 2005 33
VOC’s Measurement & Recovery:
• Jim Nunn • COMM Engineering, USA• P.O. Box 53463• Lafayette, LA 70505-3463 USA• Office Phone: 01-337- 237- 4373 Ext 109 • Cell Phone : 01-337- 298- 2758• Email: [email protected]• Web site: www.commengineering.com