Joseph S. D Amico PE

Transcription

1 Joseph S. D Amico PE DAMICO.CORP@VERIZON.NET Coal Bed Methane Basins = 700 TCF CMM Recovery & Enhanced Value Utilization Amidst Low Prices 2017 International Pittsburgh Coal Conference Sept 6, 2017 Coal Mine Methane Enhanced Value Opport LNG Gas to Liquids CNG Stranded Oil Recov (SOR)

2 Global History of America Stable Unstable America Grows with Coal for Electricity from the 1800s to today America Grows with Oil for Transportation, started in PA, then to TX, then to Middle East. America Grows with Gas for Direct Use Heat & some Pwr Gen from the 1900s to America Grows with Shale Gas for Power Gen, displacing Coal, from 2008 to today2017.

3 Proven Reserves Coal Oil Gas (2016)

4 Growth of World Coal Consumption

5 China World s Largest Coal Consumer DAMICO.CORP@VERIZON.NET

6 US Coal Production History

7 Global Demand vs GDP

8 Manufacturing Capacity: Falling in N. America

9 Sources of CBM, Shale Gas, and Stranded Oil

10 Technologies Associated with DTC Legacy Nat Gas Engines 1,000 8,000 HP Sonex Low Nox Nat Gas Eng Eco-Fuel Catalytic Fuel Additive, Emiss Reduct, Eff Incr. Mercedes 6 Cyl Diesel Engine on Dyno Micro Chamber Pistons Sonex Low Soot Diesel D Amico Technologies Corp (DTC) Ingenios Stranded Oil Stranded Oil Recovery 9/4/2017 CO2 H2O H2S C6+ O2 Rejection & Gas Control Jesmar, Target, D'Amico ( JTD ) Chiller-Dehy BTU Control NGL Recovery Hydroc DP Contr Thermal Swing Deposition

11 Coal Bed Methane - Utilization Pipeline Quality Gas Power Generation Compr Nat Gas - CNG Liquid Nat Gas - LNG Gas-to-Liquid Fuels Stranded Oil Recov SOR Jesmar, Target, D'Amico ( JTD )

12 CMM Well Types Gob Wells CH4 Surface Directional Wells In-Mine Horiz D Amico Technologies Corp.

13 In-Mine Horizontal Well Drilling AMT EVOLUTION ACOUSTIC DDM TO DDM MECCA

14 In-mine Horizontal Wells

15 Surface Directional Well Drilling TWO ACCESS WELLS FOR 2 CBM HORIZONTAL WELLS TARGETING PITTSBURGH COAL BED DRILLED FROM ONE SITE DAMICO.CORP@VERIZON.NET

16 Gas Quality CMM Sources Gas Molecule In-Mine Horiz Gob Wells SD Wells Pipeline Spec BTU CH % % % ~ 96+ % CO % 2 7 % 5 18 % < 2.5 % N % 3 20 % % TL Inerts O % % % < 0.2 % TL Inerts (N2 + CO2) 7 16 % 5 27 % 5 19 % < 4 % H2O Saturated Saturated Saturated < 7 Lb / MM NGLs (Gal / MCF) < 0.2 GPM ~ 1.2 GPM < 0.2 GPM < 0.2 GPM Other Carbon Dust C6+, CL2, BTX Carbon Dust DAMICO.CORP@VERIZON.NET Water Clean & Dry

17 CO2 H2O H2S C6+ O2 Rejection & Gas Control D Amico Technologies damico.corp@verizon.net N2 Reject & He Recovery Coal Mine Methane 12 MMCFD Gas Dehydration & Hydrocarbon Dewpoint& BTU Control MMCFD NGL Recovery 6.5 MMCFD 9/4/2017 BTU Control 17

18 Technology & Know-how Mining Know-how: Coal Geology Gas Processing Technology Horizontal Drilling Relationships Land, Permitting, Pipelines, Roads, Streams, & Gas Marketing Wellhead Gas Treatment

19 Natural Gas Prices - Past & Future

20 Natural Gas Prices + Basis DAMICO.CORP@VERIZON.NET

21 GHG Recovery Benefit of 10 MMCFD of CMM American Source of Waste. Displaces 250,000 bbls/yr Persian Gulf Oil Saved = Heating 26,000 Homes / yr Saved = Driving 160,000 Autos / yr. CO2 Offsets = 222,000 Acres Trees DAMICO.CORP@VERIZON.NET

22 Coal Bed Methane - Utilization Pipeline Quality Gas Power Generation Compr Nat Gas - CNG Liquid Nat Gas - LNG Gas-to-Liquid Fuels Stranded Oil Recov SOR Jesmar, Target, D'Amico ( JTD )

23 Coal Mine Methane - Power Generation DAMICO.CORP@VERIZON.NET

24 High Value Utilization of USA s Nat Gas & Coal Feedstocks Coal Coal Bed Methane & Natural Gas DTC Pre-Treat Adsorp-Membr Horiz CBM Drilling Wellhd Gas Purific DAMICO.CORP@ VERIZON.NET Pipeline Gas Strand Oil Recov CBM Process Plant Power Gen High Value Gas & Liquids CNG $6 10/ mmbtu LNG $10 14/ mmbtu Stranded Oil Recovery SOR CBM Purification Mining for Oil Methanol, Gasoline, Diesel Fuel, Jet Fuel

25 Gas to Liquids GTL How do we get there? High Value Liq Fuels & Chemicals Joseph S. D Amico PE DAMICO.CORP@VERIZON.NET

26 GTL Risks 1 Technically Complicated 2 High Capital Cost 3 4 Volatile Oil & Gas Prices Lack of Sustained Interest DAMICO.CORP@VERIZON.NET

27 Natural Gas & Oil Spread GTL Friendly

28 US Power Gen Costs $ 2.50 / $ 5.00 / $ 7.50 / mmbtu Must add Demand Charge No Wind No Power Before Gov Reg Technology should be used to reduce emissions, not Govt

29 Proposed Coal Fired Power Plants

30 Coal & Natural Gas Price History

31 US Electricity

32 Nat Gas: High Eff Heat & Chemicals, Not for Electricity Pipeline Natural Gas + Distributed Heat Thermodynamic Efficiency x CH4 / BTU = ~ 90 % Eff = 1.11x CH4/BTU Displaces Pipeline CH4 fr Other Sources that have larger Carbon Footprint Gas Fired Power Gen 1 MW + 20% Line Loss (NE) = 33 % Eff = 3x CH4 / BTU Requires 3 times the Methane for the same BTU Pipeline Natural Gas + = ~ 100 % Eff Direct use Nat Gas as Feedstock for Chemical, and Fertilizer Industry Chemical Products / Fertilizer Plant DAMICO.CORP@VERIZON.NET

33 Use Methane (CH4) Wisely? Thermodynamic Efficiency w / Transm losses 100% 90% 80% 70% 60% 90% 100% 50% 40% 30% 20% 10% 30% 35% 0% Electr fr Coal Electr fr Gas Direct Use Gas Gas as Feedstock

34 Gas Turbine + Steam Turbine Electr Gen. Natural Gas Fuel Only 33 45% Thermodynamic Eff DAMICO.CORP@VERIZON.NET

35 US Gas Price Volatility

36 Tri-Fuel Steam Boiler Electric Generation Tri - Fuel 30 35% Thermodynamic Eff DAMICO.CORP@VERIZON.NET

37 Longview Supercritical Coal-Fired Power 700 MW 39% Eff

38 CO 2 Capture from Flue Gas via Moving Bed TSA Moving Bed Thermal Swing Adsorp = < $ 20 / Tn CO2 vs Absorption Amines = $ 80 / Tn CO2 Low Pressure Operating Conditions using Flue Gas Waste Heat Unique Patented Process Could be the Savior for the Coal Industry DAMICO.CORP@VERIZON.NET

39 CO 2 Capture from Flue Gas via Moving Bed TSA Could be the Savior for the Coal Industry Moving Bed Thermal Swing Adsorp = < $ 20 / Tn CO2 vs Absorption Amines = $ 80 / Tn CO2 Low Pressure Operating Conditions using Flue Gas Waste Heat Unique Patented Process

40 Coal-Fired Syngas Comb-Cycle Electr + Fuel Gen Integrated Gasification Combined Cycle - IGCC CO + H2 Gas Turbine Steam Turbine 35 49% Thermodynamic Eff DAMICO.CORP@VERIZON.NET

41 Coal Bed Methane - Utilization Pipeline Quality Gas Power Generation Compr Nat Gas - CNG Liquid Nat Gas - LNG Gas-to-Liquid Fuels Stranded Oil Recov SOR Jesmar, Target, D'Amico ( JTD )

42 Stranded Oil Recovery Stranded Oil Recovery with High Pressure Water Borehole Extraction A D Amico Technologies Group Company Stranded Oil Recovery From: Known Reservoirs 4 Days: Start - Finish Yields: Fraction of Conventional Drilling Costs Results: Efficient & Fast Oil Recovery High Rate of Return

43 Stranded Oil Recovery (SOR) - Shallow Wells Ingenios Resources

44 Stranded Oil Recovery - USA Ingenios Resources

45 Stranded Oil Recovery - USA Production cell stats: How Our System Works Mining for Oil Size: 32.5 radius, 40 vertical height Time: 4 days from start to finish Volume: 4000 barrels of oil

46 Stranded Oil Recovery - USA Bore Hole Extraction (BHE) Drilling Tools BHE Wellhead Postionor BHE Pump Manifold BHE Cutting Tool

47 Stranded Oil Recovery - USA BOREHOLE EXTRACTION SYSTEM The System Disintegrates oil rich ore body Makes oil when it reaches pay zone Safe and environmentally protective Cost Effective and Efficient No exploration costs A fraction of conventional operating costs Zero future administrative and operational costs

48 Stranded Oil Recovery - USA How Our System Works Production cell stats: Size: 32.5 radius, 40 vertical height 20 Radius Time: 4 days from start to finish Sonar Profile of Production Cell Volume: 4000 barrels of oil

49 Use Coal & Nat Gas Wisely Targeted Objectives Using the Best Technology Let s Target Coal Mine Methane & Stranded Oil Projects Together DAMICO.CORP@VERIZON.NET