CompactGTL’s business and strategy is focussed on providing a unique value creating solution to the costly problem of associated gas disposal in the upstream oil and gas industry.

CompactGTL’s proprietary technology solution converts gas into synthetic crude oil, or syncrude. However, the economic value of this solution is much greater than simply the syncrude produced as it also enables the costs associated with gas re-injection, or flaring penalties, to be avoided and can even facilitate the development of marginal fields.

This provides a clear distinction from the proposition offered by conventional GTL technologies where projects rely on economies of scale and focus on converting gas into high value refined petroleum products.

The solution has a number of important operational benefits:

• Avoids gas flaring bans and penalties
• Increases oilfield NPV
• Accelerates oilfield development
• Avoids expensive gas export infrastructure
• Avoids multi-party gas off-take negotiations
• Avoids gas re-injection cost and gas breakthrough risk
• Worthless gas is converted into bookable reserves
• Eases Government concern over resource preservation

CompactGTL is committed to ensuring that the application of the technology meets individual plant requirements therefore the whole approach from project feasibility to defined scope can be tailored to suit individual client and project needs.

CompactGTL – turnkey solution provider

• Feasibility / Conceptual Study
• Pre-FEED and FEED Study
• EPC Contract
• Service and Support

The CompactGTL proprietary reactor module design and operation remain a common factor for each plant. However, the balance of plant, overall configuration and project execution approach vary from project to project. Our clients normally evaluate how the CompactGTL solution impacts their existing or proposed oilfield developments during a screening study exercise.

To support this activity, CompactGTL carries out a project specific Feasibility Study in conjunction with the client. The Feasibility Study examines the technical and commercial aspects for the proposed solution at a conceptual design level.

Typical aspects include the expected feed gas composition and flow profile, site location, availability of utilities, syncrude yield, budgetary capital expenditure and economic impact on the oilfield development. In addition, the Feasibility Study will generate the required information to generate a proposal for the next phase of project definition, namely a pre-FEED and/or FEED study leading up to an EPC contract.

The CompactGTL modular gas solution can benefit new or established, onshore or offshore oilfields. It is ideally suited for:

• Fields producing 10 – 50 million standard cubic feet (MMscf) of associated gas per day
• Fields with reserves of up to about 250 million barrels of oil (MMBO)
• Fields where flaring is being phased out or heavily taxed
• New fields where re-injection is not viable because of the low volume of associated gas, high reservoir pressure, the distance to market, a lack of on-shore solutions and the location of reservoirs
• New fields where re-injection is the only current viable option but results in significant capital cost, increased complexity of reservoir management, potential damage to the reservoir and limits on oil production rates