Gas flaring mitigation solution

Name: EZ Blockchain - Client Application
Brand: EZ Blockchain
Rating: 5 (10 reviews)

Eco-friendly

Complete flaring elimination at locations with a minimum of 350 MCF flared a day. No CO2 emissions caused by flaring where EZ Smartgrid™ System is deployed.

Meets new regulations

Meet rapidly growing regulations and tightening environmental guidelines without interruptions of the operation by reducing harmful emissions.

Profitable

Zero upfront cost to producers. Additional royalties to landowners by bringing flared gas to market on-site without building physical pipeline infrastructure.

The problem of gas flaring

In 2020, the World Bank estimated that annual Gas flaring had increasedto 5.3 trillion ft³ of natural gas. Highest in a decade. (25% of total U.S. consumption)

The problem of gas flaring

In 2020, the World Bank estimated that annual Gas flaring had increasedto 5.3 trillion ft³ of natural gas. Highest in a decade. (25% of total U.S. consumption)

            5.3 trillion cubic feet
of natural gas are flared or vented annually

            Equivalent to 25%
of U.S. yearly gas consumption

            $30.6 billion
is the approximate cost of flared natural gas according to the World Bank

            More than

                    400 million tons
                
of carbon dioxide equivalent are emitted into the atmosphere annually

Problems with existing flaring solutions

Most of the information here is based on the research paper from the U. S. Department of Energy National Energy Technology Laboratory

The economic problem

Most popular existing flaring solutions are NGl recovery, striping natural gas liquids from natural gas, and liquifying natural gas (LNG) to deliver it to the market. Both of these solutions are very expensive on CAPEX and may not prove to be economically feasible. Dealing with liquids is very expensive when thinking about transportation, stability, and price. Because of inconsistent gas volumes and pressure, it is also hardly possible to predict the project's economic side. Power generation does not prove to work by itself because of regulatory difficulties to sell power to the grid and lack of power line infrastructure.

The problem of slow infrastructure development

It may take a few years to develop and build all needed infrastructure to solve the problem of flaring on the scale such as gathering lines, pipelines, power lines, gas processing facilities, etc. Usually, when it is built the problem still exists because of the higher production volume and, therefore, the higher number of flaring emissions.

The environmental problem

Some of the solutions do not solve the problem of flaring completely. NGL recovery, for example, just strips rich BTU liquids from flared gas, but lean gas flaring still occurs. This type of flaring reduces CO2 emissions by an insignificant amount. Flaring releases significant greenhouse gas emissions into the atmosphere and doesn't produce any work (useful energy) as a result.

Reducing CO2 emissions

of flared gas by up to70%

With Smartgrid™ system

EZ Blockchain developed a plug-and-play solution to turn natural gas flaring into monetization. EZ Blockchain deploys the EZ Smartgrid™ Flaring Mitigation System (FMS) right on the oil well pads to turn wasted natural gas into a new revenue stream, meeting new environmental regulations along the way.

EZ Smartgrid™ Flaring Mitigation System

It consists of a mobile gas engine generator which converts wasted, flared gas into electricity which is immediately used onsite to power the mobile data center, EZ Smartbox.

EZ Blockchain developed a mobile flaring mitigation system available to be deployed right on the oil well pad to reduce flaring.

This unique system does not require connection to the grid, all electricity produced is used onsite.

Instead of flaring wasted associated gas can be harnessed by gas engine generator to produce electricity, then the electricity is used to power mobile data center on the well pad without distributing energy to the grid.

Benefits

Environmental

Complete flaring elimination at locations with a minimum of 350 MCF flared a day. No CO2 emissions are caused by flaring where EZ Smartgrid™ System is deployed.

Regulatory

Meet rapidly growing regulations and tighten environmental guidelines without interruptions of the operation by reducing harmful emissions.

Economic

Zero upfront cost to producers. Additional royalties to landowners by bringing flared gas to market on-site without building physical pipeline infrastructure.

Facility All facilities

facility: upstate ny location

Objective

A power generation company was looking for a solution to diversify its revenue and build a demand response system that could consume power at the off-peak hours.

Solution

EZ Blockchain redesigned the mobile data center with a unique shelving system and airflow system to bring its capacity up to 2.5 MWs, installing 720 x Bitmain S17 type miners. Our engineering team had to design a separate electrical room built from scratch to make the work of the electrical operations team simpler and safer. The design of the mobile data center was divided into 6 separate sections, each having its own autonomous electrical surge protection infrastructure to operate each section independently.

The company’s team developed a simple from an operational perspective but complex from an engineering perspective filter louver door in each section. This optimized the effort of changing filters on a constant basis, reducing the amount of labor hours needed to perform the work.

Our HVAC engineers had to pick a special type of fan blades used for the HVAC cooling system to minimize the sound output from the fans in a 100% mode. In addition, a commercial VFD system was installed to optimize the fan RPM during night hours to minimize the noise when the temperature drops during the night.

TESTIMONIALS

Wesco Operating, INC.

Flaring mitigation/Gas monetization

EZ Blockchain delivered and installed a BTC mining box and associated miners with very little issues. The project is running smoothly, and a second box is on schedule to be delivered and installed.

This install will limit flaring at the field to a minimum, turning stranded gas into a profitable solution. The company designed the project from scratch, sourced crypto mining hardware in very tough market conditions.

After the installation, EZ Blockchain operates the crypto mining operation on a daily basis.

Tom Kirkwood

Silver Energy Services

Trusted partner in our mining operations

We’ve had the privilege of working with EZ Blockchain over the last year. Their support in getting our mine up and running was invaluable, saving us countless hours and maximizing uptime. Since start-up, we have been able to lean on their team 24/7 to help with mine optimization and troubleshooting. They are a trusted partner in our mining operations.

Joel Gordon

Gas flaring mitigation solution

The problem of gas flaring

5.3 trillion cubic feet of natural gas are flared or vented annually

Equivalent to 25% of U.S. yearly gas consumption

$30.6 billion is the approximate cost of flared natural gas according to the World Bank

More than 400 million tons of carbon dioxide equivalent are emitted into the atmosphere annually

Problems with existing flaring solutions

The economic problem

The problem of slow infrastructure development

The environmental problem

Reducing CO2 emissions of flared gas by up to70% With Smartgrid™ system

EZ Smartgrid™ Flaring Mitigation System

Benefits

Environmental

Regulatory

Economic

TESTIMONIALS

5.3 trillion cubic feet

of natural gas are flared or vented annually

Equivalent to 25%

of U.S. yearly gas consumption

$30.6 billion

is the approximate cost of flared natural gas according to the World Bank

More than
400 million tons

of carbon dioxide equivalent are emitted into the atmosphere annually

Reducing CO2 emissions

of flared gas by up to70%

With Smartgrid™ system