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COMM Engineering, USA Lafayette, Louisiana VOC Emissions’ Fair Market Dollar Value COMPEL Complete Elimination.

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Presentation on theme: "COMM Engineering, USA Lafayette, Louisiana VOC Emissions’ Fair Market Dollar Value COMPEL Complete Elimination."— Presentation transcript:

1 COMM Engineering, USA Lafayette, Louisiana VOC Emissions’ Fair Market Dollar Value COMPEL Complete Elimination

2 COMM Engineering, USA Lafayette, 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

3 COMM Engineering, USA Lafayette, Louisiana PROFITS Not Penalties will do it for the EPA

4 EPA Denver Jan 25, COMM Engineering, USA Lafayette, Louisiana VOC’s: Volatile Organic Compounds and (C X H 2X+2 )Volatile Aromatic Hydrocarbons Volatile Organic Hydrocarbons 1. Methane CH 4 to Tridecane C 13 H BTEX: Benzene Toluene Ethylbenzene Xylenes 3. The other toxic “stuff ”:H2S, etc.

5 COMM Engineering, USA Lafayette, Louisiana More than 2% of energy taken from wellheads is vented or flared between wellheads and end users

6 COMM Engineering, USA Lafayette, 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:

7 COMM Engineering, USA Lafayette, Louisiana 100 Scf per barrel X 2000 BTU per Scf X $10 per million BTU = $2.00 per barrel of crude oil

8 COMM Engineering, USA Lafayette, Louisiana Actual On-Site Measurement: Dec 9-10, 2005 Vent Gas: 350 MScfD at 3012 BTU / Scf Oil Production: 2000 Barrels per day 350 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

9 COMM Engineering, USA Lafayette, Louisiana When VOC’s go to market the 2 % increase in gross income becomes a 10 % increase in NET income

10 EPA Denver Jan 25, COMM Engineering, USA Lafayette, Louisiana 2004 USA Oil and Gas production: 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

11 COMM Engineering, USA Lafayette, Louisiana

12 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.”

13 COMM Engineering, USA Lafayette, Louisiana WHY this lost PROFIT ? Presidents and CFO’s do not know Production VP’s are OVERWORKED !

14 EPA Denver Jan 25, Vent Gas? Now? We’re busy !

15 EPA Denver Jan 25, Vent Gas? Now? We’re busy !

16 EPA Denver Jan 25, Vent Gas? Now? We’re busy !

17 COMM Engineering, USA Lafayette, Louisiana Production VP’s are paid to pump oil - not recover “wa $ te ga $ ” or “shrinkage” between the wellhead and the gas sales meter

18 COMM Engineering, USA Lafayette, Louisiana “Wa $ te ga $ ” or “ $ hrinkage” is 5 to 10 times the reported or estimated tonnage

19 COMM Engineering, USA Lafayette, Louisiana “Wa $ te ga $ ” is typically 2000 BTU per Scf. It’s “ $20 gas”, not $10 gas per MScf (per MM BTU)

20 EPA Denver Jan 25, COMM Engineering, USA Lafayette, Louisiana Vent gas is NOT “Wa $ te Ga $ ” Vent gas is VERY valuable PRODUCT

21 EPA Denver Jan 25, The old or classic Methane Molecule:

22 EPA Denver Jan 25, The old or classic Methane Molecule: H I H- C -H I H

23 EPA Denver Jan 25, The NEW Methane Molecule: $ I $- $ -$ I $

24 COMM Engineering, USA Lafayette, 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

25 COMM Engineering, USA Lafayette, Louisiana This new funding source may increase YOUR Departmental Budget

26 COMM Engineering, USA Lafayette, Louisiana Again, VOC Emissions’ Fair Market Dollar Value COMPEL Complete Elimination

27 COMM Engineering, USA Lafayette, 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.

28 COMM Engineering, USA Lafayette, 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.

29 COMM Engineering, USA Lafayette, Louisiana Vent Ga $ : IT I$ A Revenue $ tream Provided by NEW TECHNOLOGY

30 COMM Engineering, USA Lafayette, Louisiana NEW TECHNOLOGY: Measure $ Vent Ga $ Recover $ Vent Ga $

31 COMM Engineering, USA Lafayette, Louisiana RECOVERING Vent Ga $ Is Sustainable Development

32 COMM Engineering, USA Lafayette, Louisiana RECOVERING Vent Ga $ is CONSERVATION of Natural Resources

33 EPA Denver Jan 25, VOC’s Measurement & Recovery: Jim Nunn COMM Engineering, USA P.O. Box Lafayette, LA USA Office Phone: Ext 109 Cell Phone : Web site:


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