ROCKMAN wrote:Pusher - By your number 10,000 cf (10 mcf) will yield 1 bbl. So for 250 bbls/day: 10 mcf X 250 = 2,500 mcf. That's nothing even for a single gas well. I've got two wells in Matagorda CO making a total of 8,000 mcf/day. That would yield 800 bbls of diesel. And I'm selling that 8,000 mcf/day for $2.50/mcf = $20,000/day. And I could sell 800 bbls (33,600 gallons) for $40,000. Or I could make an extra $7.3 million per year running though that GTL plant. And how much does this size plant cost? Until we see that number there's no way to tell if it would be economical or not. So $10 million for the plant and ops costs....sounds good. $50 million for the plant and ops cost...forget about it. LOL.
Not sure how close you are to Pasadena, TX ROCKMAN, but the latest press release says they are about finished building the moduals for the plant there and soon will be shipping them to Oklahoma City, OK for installation and testing.
ENVIA Energy
Commercial reference site under construction.
ENVIA Energy's Oklahoma City GTL project is located adjacent to Waste Management's East Oak landfill site and will use a combination of landfill gas and natural gas as feedstock. ENVIA Energy is a joint venture set up between Waste Management, NRG Energy, Ventech and Velocys that was announced in March 2014.
The plant will deploy a number of Velocys' full-scale commercial Fischer-Tropsch (FT) reactors, the manufacture of which are complete. All ASME (American Society of Mechanical Engineers) certifications required for the reactors prior to installation and commissioning of the plant have been issued. Commercial production of the initial FT catalyst charge for the plant has also been completed by world class manufactures and certified by Velocys' quality control protocols.
Fabrication of the modular process units by Ventech Engineers at their fabrication facility in Pasadena, Texas is essentially complete. Mechanical completion of the plant is expected in mid-year 2016.
Press releases:
24th March 2014
29th July 2014
15th May 2015
2nd September 2015
5th February 2016
In February 2016 Velocys gained a greater equity share of the ENVIA project and a greater influence in the commissioning, start-up and operations of the plant. Members of Velocys' 70-strong R&D and manufacturing supply chain teams have considerable experience in the commissioning and start-up of commercial GTL projects for Sasol.
Neville Hargreaves discusses the significance of ENVIA Energy's project in "Setting the stage for the future of smaller scale GTL" – Gas Processing (Aug-2015)
http://www.velocys.com/projects_envia_energy.php