ASPEN

James Meyer MBA/PE

Crude Oil Stabilization and Recovery (COSR)

Aspen Engineering Services, LLC

Solutions for the Oil and Gas Industry

1

ASPEN

CRUDE OIL VENTING

Plaguing Problems for the Oil Industry

CRUDE OIL STABILIZATION

CRUDE OIL VOLATILITY REVENUE

2 COSR

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What If One Process Could Eliminate this…

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…and this…

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…While Providing a Payback to the Producer?

Uncontrolled COSR

Vent recovery 0% 100%

Reid vapor

pressure 17.2 psi 7.6 psi

Maximum storage

temperature 44° F 113° F

Recovered vent

value $0 $161,241

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What Causes Tank Venting?

• Flashing loss due to depressurization.

• Breathing loss caused by temperature

changes.

• Working loss from inventory variation.

WELL

50 PSI

110° FWATER

OIL @

0 PSI

TO FLARE

TANK VENT

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COSR Lite

7 COSR

PIPELINE

OIL @

0 PSI

STABILIZED CRUDE OIL

NO VENT!!!

WELL

35 PSI

125° F

WATER

VR

T AIR

COOLER

VRU

ASPEN

COSR with Liquid Recovery

8 COSR

FUEL

GASOLINE

OIL @

0 PSI

STABILIZED CRUDE OIL

NO VENT!!!

WELL

35 PSI

125° F

WATER

VR

TFINAL

SEPARATOR

AIR

COOLER

VRU

PR

IMA

RY

SE

PA

RA

TO

R

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Technology Comparison

VRU Combustion COSR Flash Stabilizer

Vent Capture 100% 100% 100% 50%

Vent Recovery 0% 0% 100% 50%

Crude Oil Stabilization

No No Yes Yes

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COSR is Patent Pending

Reference: Meyer, J. (2015). Crude Oil Stabilization and Recovery, U.S. patent application 14/663,064 and Canada 2,885,455.

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