Gas flaring is a fairly efficient method of burning
impurities found in raw natural gas and carbon dioxide, but without the proper
equipment in place, much of the wasted fossil fuel is expelled directly into
the atmosphere – resulting in billions of wasted dollars and detriment to the
surrounding environment.
The National Oceanic Administration Association (NOAA)
estimates that gas flares pump 400 million tons of carbon dioxide into the
atmosphere worldwide each year, adversely impacting local populations of human
and wildlife, and often resulting in loss of livelihood and severe health
issues.
For Houston-based Well Power, Inc., the environmental and
economic obstacles are more of an opportunity than a problem. Through a
strategic licensing agreement, Well Power has the rights to Texas, along with
the first right of refusal on the other U.S. states, to a new technology
solution designed to process waste natural gas into “clean power” and
engineered fuels. Based on proprietary technology, these Micro Refinery Units
(MRU) are mobile, high-yield and can be deployed with minimum capital
expenditure.
The MRUs, currently in development, will provide the
opportunity to turn a wasted resource into a product of value while at the same
time enabling wider access to energy, improved environmental conditions, and
economic development for local populations where gas flaring is prevalent –
such as North Dakota. By focusing on eliminating legacy flaring and minimizing
new flaring, Well Power has an opportunity to assume a vital role in the
continual for sustainable resource development and energy efficiency.
Well Power also intends to offer its technology along with
full-service engineering, design, construction, modular fabrication,
maintenance and construction management services to clients in the upstream
areas of exploration and production.
Development of the product is ongoing, with the first MRU
expected in the near future.
For more information visit www.wellpowerinc.com
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