CompactGTL - Optimising natural resources

• Home
• Company overview
  • Our process
  • Associated gas
  • Market focus
  • Strategic partnerships
• UK pilot plant
  • Petrobras pilot plant
  • Commercial plants

• Learn more about associated gas

Market focus

• Home >
• Market focus >

CompactGTL has a modular gas solution that coverts a liability into economic value.

Our solution enables oil companies to resolve the issue of associated gas handling and to exploit oil fields previously considered to be uneconomic. It adds substantial value to oilfield NPV. The solution has a number of important operational benefits:

• Avoids gas flaring bans & penalties
• Increases oilfield NPV
• Accelerates oilfield development
• Avoids expensive gas export infrastructure
• Avoids multi-party gas off-take negotiations
• Avoids gas re-injection cost & gas breakthrough risk
• Worthless gas is converted into bookable reserves
• Eases government concern over resource preservation

The CompactGTL plant is designed to be integrated within FPSOs and standalone onshore facilities. The plant is modular and, accordingly, has the flexibility to match the production profile of the associated gas. As the field's production declines, surplus modules can be "switched off" providing operating efficiency and a reduction in costs.

As the associated gas is converted to synthetic crude, it can be co-mingled with the natural crude produced from the field and transported to market using the existing oil transportation infrastructure. The process thus provides an incremental income stream that augments the economics of the oilfield and eradicates the need for flaring or the potentially damaging and costly injection of the gas into the reservoir. It also eliminates the need for separate product storage, transportation and marketing arrangements as required for other possible solutions including LNG, CNG, DME and Methanol.

As flaring becomes more unacceptable from a political and environmental viewpoint, oilfields with no viable associated gas solution may be required to curtail production or in the extreme case, cease production entirely. There is evidence that this is starting to occur. CompactGTL provides a solution to this issue.

The CompactGTL modular gas solution can benefit new or established, onshore or offshore oilfields. It is ideally suited for:

• Fields producing 10 - 50 MMscf of associated gas per day
• Fields with reserves of up to about 250 MMBO
• Fields where flaring is being phased out or heavily taxed
• New fields where re-injection is not viable because of the low volume of associated gas, high reservoir pressure, the distance to market, a lack of on-shore solutions and the location of reservoirs
• New fields where re-injection is the only current viable option but results in significant capital cost, increased complexity of reservoir management, potential damage to the reservoir and limits on oil production rates