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COMM Engineering, USA Lafayette, Louisiana

COMM Engineering, USA Lafayette, Louisiana. VOC Emissions’ Fair Market Dollar Value COMPEL Complete Elimination. COMM Engineering, USA Lafayette, Louisiana. “Wa $ te ga $ ” tonnage is 5 times estimated; value is twice natural gas: 5 X 2 = 10

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COMM Engineering, USA Lafayette, Louisiana

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  1. COMM Engineering, USALafayette, Louisiana VOC Emissions’ Fair Market Dollar Value COMPEL Complete Elimination

  2. COMM Engineering, USALafayette, Louisiana “Wa$te ga$” tonnage is 5 times estimated; value is twice natural gas: 5 X 2 = 10 Wa$te ga$ Fair Market Dollar Value is 10 times assumed value

  3. COMM Engineering, USALafayette, Louisiana PROFITS Not Penalties will do it for the EPA

  4. COMM Engineering, USALafayette, Louisiana VOC’s:Volatile Organic Compounds and (CXH2X+2) Volatile Aromatic Hydrocarbons Volatile Organic Hydrocarbons 1. MethaneCH4 to TridecaneC13H28 2. BTEX: Benzene Toluene Ethylbenzene Xylenes 3. The other toxic “stuff”:H2S, etc. EPA Denver Jan 25, 2005

  5. COMM Engineering, USALafayette, Louisiana More than 2% of energy taken from wellheads is vented or flared between wellheads and end users

  6. COMM Engineering, USALafayette, Louisiana Worldwide, on average, each barrel releases 100 standard cubic feet (SCF) of vent gas containing, on average, 2000 BTU, worth more than ten dollars per million BTU at the wellhead:

  7. COMM Engineering, USALafayette, Louisiana 100 Scf per barrel X 2000 BTU per Scf X $10 per million BTU = $2.00 per barrel of crude oil

  8. COMM Engineering, USALafayette, Louisiana Actual On-Site Measurement: Dec 9-10, 2005 Vent Gas: 350 MScfD at 3012 BTU / Scf Oil Production: 2000 Barrels per day 350 MScfD X 3012 BTU/Scf X $10 / MM BTU = $10,538per Day or $3,836,000 per Year $10,538 / 2000 barrels = VENT GAS WORTH $5.27per barrel of crude oil

  9. COMM Engineering, USALafayette, Louisiana When VOC’s go to market the 2 % increase in gross income becomes a 10 %increase in NETincome

  10. COMM Engineering, USALafayette, Louisiana 2004 USA Oil and Gas production: 1.955 Billion Barrels of Oil Daily: 5,356,000 Barrels X $60 = $321,360,000 $2 / Barrel = $10,712,000 $10,712,000 / $321,360,000 = 3.33% is vented or flared EPA Denver Jan 25, 2005

  11. COMM Engineering, USALafayette, Louisiana

  12. COMM Engineering, USALafayette, Louisiana Secretary of Energy tasked by Energy Policy Act of 2005 (SEC 954 (c) (4)) to collect data on: “the quantity of natural gas vented or flared in association with crude oil production.”

  13. COMM Engineering, USALafayette, Louisiana WHY this lost PROFIT ? Presidents and CFO’s do not know Production VP’s are OVERWORKED !

  14. Vent Gas? Now? We’re busy ! EPA Denver Jan 25, 2005

  15. Vent Gas? Now? We’re busy ! EPA Denver Jan 25, 2005

  16. Vent Gas? Now? We’re busy ! EPA Denver Jan 25, 2005

  17. COMM Engineering, USALafayette, Louisiana Production VP’s are paid to pump oil - not recover “wa$tega$” or “shrinkage” between the wellhead and the gas sales meter

  18. COMM Engineering, USALafayette, Louisiana “Wa$te ga$” or “$hrinkage” is 5 to 10 times the reported or estimated tonnage

  19. COMM Engineering, USALafayette, Louisiana “Wa$te ga$” is typically 2000 BTU per Scf. It’s “$20 gas”, not $10 gas per MScf (per MM BTU)

  20. COMM Engineering, USALafayette, Louisiana Vent gas is NOT “Wa$te Ga$” Vent gas is VERY valuable PRODUCT EPA Denver Jan 25, 2005

  21. The old or classic Methane Molecule: EPA Denver Jan 25, 2005

  22. The old or classic Methane Molecule: EPA Denver Jan 25, 2005

  23. The NEW Methane Molecule: EPA Denver Jan 25, 2005

  24. COMM Engineering, USALafayette, Louisiana Again, “Wa$te ga$” tonnage is 5 times estimated; value is twice natural gas: 5 X 2 = 10 Wa$te ga$ Fair Market Dollar Value is 10 times assumed value

  25. COMM Engineering, USALafayette, Louisiana This new funding source may increase YOUR Departmental Budget

  26. COMM Engineering, USALafayette, Louisiana Again, VOC Emissions’ Fair Market Dollar Value COMPEL Complete Elimination

  27. COMM Engineering, USALafayette, Louisiana For the Industry:You can bank your vent gas - not burn it - nor vent it harmfully into the air we breathe. Vented gas is invisible. It leaves no sheen on the water, no footprint: Your money is gone.

  28. COMM Engineering, USALafayette, Louisiana WE Identify, Quantify, Reduce and RECOVER vent gas. WE will recovery it for FREE, if we own it. Do you want your money from your vent gas? Do your Partners? Your stockholders?Your owner? Your Directors? CalPERS? Your State?MMS? US EPA? US Interior Dept.? US Dept. of Justice? They may. Call us. Your call will benefit EVERYONE.

  29. COMM Engineering, USALafayette, Louisiana Vent Ga$ : IT I$ A Revenue $tream Provided by NEW TECHNOLOGY

  30. COMM Engineering, USALafayette, Louisiana NEW TECHNOLOGY: Measure$ Vent Ga$ Recover$ Vent Ga$

  31. COMM Engineering, USALafayette, Louisiana RECOVERING Vent Ga$ Is Sustainable Development

  32. COMM Engineering, USALafayette, Louisiana RECOVERING Vent Ga$ is CONSERVATION of Natural Resources

  33. VOC’s Measurement & Recovery: • Jim Nunn • COMM Engineering, USA • P.O. Box 53463 • Lafayette, LA 70505-3463 USA • Office Phone: 01-337- 237- 4373 Ext 109 • Cell Phone : 01-337- 298- 2758 • Email: jimnunn@commengineering.com • Web site: www.commengineering.com EPA Denver Jan 25, 2005

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