Houston-based Well Power is collaborating with Canadian company ME Resource Corp. to develop a novel technology that addresses the billions of dollars lost each year in flared natural gas.
Since 2000, gas flaring in the United States has doubled. Aside from the tremendous cost of wasted energy resources, gas flaring has also been known to pose adverse risks to the environment and human populations’ quality of life. When excess natural gas is burned, carbon dioxide is released into the air, which can have tremendous implications for environmental integrity and human health. On a global scale, the National Oceanic Administration Association reports gas flares pump around 400 million tons of carbon dioxide into the air, on the whole. That amounts to emissions from 77 million cars and $10 billion in wasted natural resources.
Well Power and ME Resource Corp.’s solution to this challenge is a mobile and scalable Micro-Refinery Unit, which can be deployed close to wellheads and transform raw natural gas into clean power and engineered fuels, including no-sulphur diesel and diluents. For this novel solution, Well Power holds licensing rights in Texas as well as the first right of refusal for other U.S. states.
The Micro-Refinery Unit is to be made of an assembly of recognized commercial technologies with a proprietary micro-reactor system for hydrocarbon processing and catalytic reactions. With these components, the system will be able to process raw natural gas flows of between 75 Mcf to 250 Mcf, by first conditioning and converting methane and condensates into Syngas (CO and hydrogen). Thereafter, the processing will progress to a Fischer-Tropsch reaction to produce liquid fuel products and clean power, which will be produced from heat generated by exothermic reactions and combustion. In short, the Micro-Refinery Unit will be a mobile, cost-effective way for eliminating the tremendous wasted natural resources and adverse risks associated with gas flaring.
In addition to Texas, Well Power has expressed interest in extending the Micro-Refinery Unit to Wyoming, Colorado, North Dakota, Oklahoma, and New Mexico. The company recently hosted a successful webinar, which can be found on YouTube.
More information about Well Power, including its progress, can be found at: http://www.wellpowerinc.com
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