comm engineering, usa lafayette, louisiana voc emissions’ fair market dollar value compel complete...

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: jimnunn@commengineering.com• Web site: www.commengineering.com