Professional Documents
Culture Documents
REVOLUTIONARY SOLUTION TO
ASSOCIATED GAS PROBLEMS IN
OILFIELD DEVELOPMENT
Peter Riches
1
Stranded or associated gas opportunity
2
Current associated gas options
• Issues
• Costs
• Undeveloped oil reserves
• Constraints on production/reservoir management
• International pressure to stop flaring
• National governments’ concern over disposition and use of national
resource
3
The associated gas problem
• HUGE OPPORTUNITY !
Deepwater E & P Gas flaring
4
GTL market drivers
5
Associated gas GTL market
Requirements
• Scalable capacities
• Flexible throughputs
CompactGTL
Modular reactor construction
6
CompactGTL
7
GTL plant scale
8
CompactGTL’s market focus
• New oil fields where re-injection is the only option produces lower total
NPV for the oil field because, e.g.,
• significant capital cost
• increased complexity of reservoir management
• potential damage to the reservoir (early gas break through)
• limits on oil production rates
• Existing oil fields where gas flaring is being phased out or heavily taxed
9
CompactGTL technology development
10
CompactGTL technology application
• PETROBRAS
10-20 barrel per day plant for
testing onshore and offshore Brazil.
On-stream 2008
11
CompactGTL – the difference
12
Conclusion
13