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
EZ Smartgrid™ Flaring Mitigation System
It is a unique solution for the existing wasted energy problem in oil fields. It consists of a MOBILE GAS ENGINE GENERATOR, which converts wasted, flared gas into electricity, which is immediately used on-site to power the MOBILE DATA CENTER, EZ Smartbox™.
EZ Blockchain developed a mobile flaring mitigation system available to be deployed right on OIL WELL PADS to reduce flaring, called EZ Smartgrid™ Flaring Mitigation System (FMS).
This unique system does not require connection to the grid, all electricity produced is used on-site.
Instead of flaring, wasted associated gas can be harnessed by a gas engine generator to produce electricity, then the electricity is used to power the 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.