field pilot construction, operation and … · cfo anton dammer senior vice president ......
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FIELD PILOT CONSTRUCTION, FIELD PILOT CONSTRUCTION,
OPERATION AND RESULTSOPERATION AND RESULTS
The The EcoShaleEcoShale ProcessProcess
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29th Shale SymposiumThe Colorado School of Mines
Dr. James PattenDr. James PattenRed Leaf Resources, Inc.Red Leaf Resources, Inc.
Dr. James BungerDr. James BungerJWBAJWBA
Mr. Matthew GreeneMr. Matthew GreeneRed Leaf Resources, Inc.Red Leaf Resources, Inc.
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The Red Leaf LeaseholdsThe Red Leaf Leaseholds
Assembled 16,868 acres of Utah state oil shale leases
USGS estimates approximately 1.5 billion barrels in place
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The TeamThe TeamLeading Team of Oil Shale ExpertsLeading Team of Oil Shale Experts
Dr. James Patten
President/CEO
Matthew Greene
CFO
Anton Dammer
Senior Vice President
Dr. Laura Nelson
Vice President
Les Thompson
Field Operations
Lance Lehnhof
General Counsel
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The TeamThe TeamExpert AdvisorsExpert Advisors
Dr. James Bunger
Consultant to DOE, Governor’s Technology Advisor for the State of Utah, and several multi-national energy companies
James Holtkamp
Holland & Hart, Partner - Environmental
Steven Christiansen
Parr Brown Gee & Loveless - Environmental
Wayne Western
Thorpe, North & Western - Intellectual Property
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The Technology
IN-SITU
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IN-CAPSULEAt surface
RETORTSAt surface
Extraction while moving
• Mined• Rubblized• Impounded• Handle Only Once• At Mine Face• Stationary Extraction
1.ATP Process2.Petrobras – Brazil3.Kivitar4.Galoter5.Fushun
The TechnologyThe EcoShale Process extracts from a mined
heap of ore in an impoundment
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• Above Surface• Mined• Rubblized• Impounded• Gas Convection Heating
• Underground• In-Situ• Subterranean• In-Formation
The TechnologyThe EcoShale In-Capsule Process
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History
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The Products
• Prompt Oil – produced as liquid at the roasting temperature – 29 A.P.I gravity, slightly heavier than middle distillate + some middle distillate, near zero fines (entrained solids), very low acid number
• Condensate Oil – condensed from produced hydrocarbon gas, 39+ A.P.I. gravity, middle distillate + some naphtha, zero fines, very low acid
• Synthetic Natural Gas – non-condensable hydrocarbon gas, generally less than C5
• High Molecular Hydrogen Production
• Coke retained in the parent ore; non-leachable
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RLR Field PilotOil Chemistry
Test Prompt Oil Condensate Shale Oil
API Gravity (60/60) 28.4 39.5
Pour Point (ºC) 30 -17
TAN (acid No.) (mgKOH/g sample) 1.85 .29
Oxygen (wt%) 1.824 1.459
LECO Sulfur (wt%) 0.53 .052
CARLO ERBA C (wt%)H (wt%)N (wt%)
85.412.621.079
85.15812.9711.228
PONA Arom
OlefinPar/Np
34.7065.3
29.515.355.2
Sediment (vol%) 0.3 0
Sulfated Ash (wt%) <0.005 <0.005
Heat of Combustion
Gross (BTU/lb), (MJ/kg)Net (BTU/lb), (MJ/kg)
18,848, 43.8417,697 41.16
18,892, 43.9417,709, 41.19
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EcoShale In-Capsule Process Overview
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Economics
EcoShale CAPEX+OPEX
is $20.31 per barrel for a 30,000
barrel per day project not including transportation
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Summary
• Best surface oil shale resource in USA – est. 1.5 billion barrels
• Best available technology – First to market in USA
• Production cost with mild upgrading – est. $20.31/bbl
� 1 bbl oil equivalent energy input for 10 bbl oil equivalent output
• Ten months to design, build and operate field pilot
• 230+ Procedures written, trained and implemented
• 100% MSHA, OSHA compliant
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Summary
• Zero injuries of any kind
• 700+ Thermocouples, full data set of thermal history for pilot
• Control system and control software written, developed and validated; used to plan and adjust pilot operations; currently in use for production design
• Initial produced oil analysis completed, additional analysis and testing in progress
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Summary
• Environmental impact – low emissions, no process water, rapid reclamation
� Rapid reclamation as part of the process
� Impermeable clay liner protects ground water
• Enables enterprise projects worldwide – lower CAPEX and OPEX than Canadian oil sands projects
• World-class management team
• World-class consultants and partners
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FIELD PILOT SITEFIELD PILOT SITEVernal, UtahVernal, Utah
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September 2007 1818
September 2007 1919
February 2008 2020
Mahogany Marker
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Dr. James PattenDr. James PattenPresident & CEOPresident & CEO
[email protected]@ecoshale.com
Matthew GreeneMatthew GreeneCFOCFO
[email protected]@ecoshale.com
www.ecoshale.com