Wednesday, March 26, 2014

Well Power, Inc. (WPWR) Seeks to Turn Wasted Natural Gas into Clean Power and Green Fuels

Well Power is tackling one of the most taxing global environmental problems—gas flaring—which results in a huge waste of natural resources and emits massive amounts of carbon dioxide-equivalent greenhouse gases, creating dreadful environmental conditions that could have a negative impact on the livelihood and health of local residents.

The company holds the licensing rights in Texas to a technological solution that would turn raw and wasted natural gas—flared, vented, or stranded gas—into clean power and green/engineered fuels, such as diluents, drop-in diesel, and synthetic crude, while also decreasing carbon dioxide emissions and generating revenue with minimal capital expenditure. By creating a use for a wasted resource and offering greater access to energy, better environmental conditions and economic development for local populations, the successful reduction of gas flaring would not only benefit local communities and regional and national governments but the entire planet as well.

The technology behind Well Power’s solution is a Micro-Refinery Unit (MRU) that is being developed so it is portable, cost-effective and can be deployed with minimal capital costs. The MRU combines established commercial technologies with a micro-reactor system for hydrocarbon processing and catalytic reactions. This novel micro-reactor system is the main technological component which allows the MRU to be an economically viable, transportable, flexible, scalable, modular, energy efficient, high yield, single vessel, skid mounted, and custom configured solution.

Well Power’s license will also allow the company to provide clients dealing in the upstream areas of exploration and production with both the MRU and a full suite of services including:

•           Engineering
•           Design
•           Construction
•           Modular fabrication
•           Maintenance
•           Construction management
•           Consulting services
•           Process assessments
•           Facility appraisals
•           Feasibility studies
•           Technology evaluations
•           Project finance structuring and support
•           Multi-client subscription services

For more information about Well Power, visit: www.wellpowerinc.com

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