How Digital Flare Gas Abatement unlocks stranded gas...
Digital Flare Gas Abatement is one of, if not the only method to bring the market upstream to the source of energy instead of the traditional method of monetarising energy by exporting it to a grid or counterparty. This is a new and revolutionary development in the energy industry and will help to unlock constrained and restricted energy assets all over the world, regardless of geographical and economical constraints.
Digital Flare Gas Abatement can be used to monetise hydrocarbons onsite without a counterparty that would otherwise be flared or vented into the atmosphere... This is not just a waste of resources but a detriment to the environment.
The concept of Digital Flare gas Abatement from flared gas is that we can take the wasted gas stream that would be sent down to a flare and instead feed the gas to a natural gas generator or turbine to generate electricity that is then used to power Data Centres, processing data for the Digital Economy in return for a financial reward.
Digital Flare Gas Abatement VS Traditional Pipeline Infrastructure
A core component of Digital Flare Gas Abatement is its mobility. The entire operation can be trucked to and from a location and be operational in a matter of weeks. This feature mean that there is zero sunken cost into operations once the well is no longer producing sufficient gas flows, whereas this is not applicable for pipeline infrastructure.
Digital Flare Gas Abatement can be scalable. Our systems are as equally economical on as little as 150 MCF/D as they would be on 30 MMCF/D. Pipelines are restricted to larger producing gas assets to justify the expensive infrastructure, excluding a large amount of gas producing wells.
Deployment of a Digital Flare Gas Abatement system is typically more cost effective than deployment of pipeline infrastructure. GDR’s systems requires approximately $140 of capital investment need to handle 1 MCF/D
Deployment of our systems requires a far lower footprint than pipelines, reducing deforestation and disruption of local communities.
Our systems can be deployed and deconstructed in a matter of weeks (depending on size of flare) whereas pipeline take years of planning, permitting and construction.
Digital Flare Gas Abatement prompts a vast range of benefits for both nation states and O&G companies:
Helping meet the World Bank's zero routine flaring and venting for all by 2030. Flare Gas Abatement is an immediate solution to reduce or eliminate flaring outright
Improving the living standard and health of local communities nearby currently flaring wells
Help meet Flaring and venting consents while continuing to produce oil
The gas becomes a positive yielding asset, not a wasted resource
Improves the O&G producers’ public image and ESG standards while maximising profits
Assists with pipelines at full flow capacity
Monitise Gas from newly drilled wells without immediate pipeline connection
Solution to orphaned wells
Optimisation of oversized substations assets
Increased tax revenue due in increased O&G sales