WOULD ANY OTHER INDUSTRY WASTE USD30 BILLION A YEAR OF HIGH VALUE BY-PRODUCT?
It is difficult to imagine any other industry allowing the waste of such a high value by-product. Industry feedback suggests that given a genuinely profitable alternative to gas-flaring and venting, many oil and gas operators would gladly seize it.
VERDIS GTD units will enable these companies to monetize their “waste.”
CUSTOMER VALUE CREATION
The smallest unit in the product line will convert some 0.25M SCF per day of natural gas into 25 Barrels Per Day (4000 liters) of ultra-low sulfur diesel. This extremely efficient 10,000:1 conversion ratio is only possible due to our proprietary catalyst.
At an estimated selling price of USD3 million in most countries, this GTD unit will offer an average customer payback period of 3 years in most markets. This table summarizes the customer payback period for this GTD unit in 11 illustrative markets where VERDIS has filed for patent protection.
While some oil and gas operators will see their associated gas as otherwise wasted, and not assign it a value as an input, others may elect to assign a value to it. The table therefore outlines both scenarios: one where the input gas is considered free, and a second where the Full Market Value is used, according to Henry Hub prices.