The RotoReformer Enabling large-scale blue Hydrogen Strategy
The strategy protects the value of Natural Gas (NG) reserves for decades to come. It utilizes CO2 for enhanced gas recovery, which prolongs the production life and pushing more NG out of the reservoir. This approach creates a lasting and formidable competitive advantage for early adopters.
Additionally, the strategy plays a crucial role in solving global climate and greenhouse gas (GHG) challenges. By implementing CO2 capture and storage (CCS) at the source, it effectively addresses the issue. This strategy not only helps in preserving the environment but also saves the cost of future CO2 carbon tax.
Furthermore, it eliminates the need for building pipelines from the plant location for the transport and storage of CO2. Leveraging day-to-day technologies and processes well known to Oil and Gas Companies, the strategy efficiently achieves its objectives.
One of the key advantages of this approach is the permanent storage of CO2 in the NG reservoirs of known integrity and capacity. This avoids the need to find other suitable storage reservoirs, streamlining the overall process.
Moreover, the strategy significantly lowers investment cost (CAPEX) and operational cost (OPEX) compared to the current Steam Methane Reforming (SMR) method. This cost-effectiveness provides early adopters with a substantial competitive advantage.