With current prices significantly lower than historical averages some producers cannot breakeven operating their wells.
Stranded - At current methanol and gas prices Stranded Solutions can generate 2 to 3 times higher profit margins than selling natural gas.
Natural gas that needs processing and conditioning to be useable (H2S, CO2, N2, C2+) and is financially unattractive.
Stranded - Side steps gas remediation by converting gas to liquids produced at a lower cost, often without additional processing.
Natural gas is located too far to build pipeline connection or pipelines are at capacity and unable to accept more gas.
Stranded - If site is accessible by truck, rail or barge gas converted to methanol can be transported to market economically.
Choice to flare natural gas or build collection pipelines. Some oil well production constrained by flaring permits.
Stranded - Turns flared gas to cash and saves the expense of constructing and maintaining pipelines. No flare cap to limit oil production.
When flow tests are needed and associated gas is present, a temporary solution is needed.
Stranded - Avoid gas flaring limits and other regulatory obstacles allowing oil producers to gather valuable information for sizing their gathering and processing systems.
Copyright © 2018 - All Rights Reserved.
