The advance of horizontal drilling and well completion technologies, including hydraulic fracturing, has allowed for production of natural gas from shale formations in a number of different basins that were not previously considered to have economic potential, especially in the USA. Total shale resource base is estimated in excess of 6,500 trillion cubic feet.
Shale gas production is associated with high production costs, which exceed the current market prices. In addition, many producers face significant difficulties in delivering gas to consumers, as gas transportation network’s capacity is limited.
INFRA.xtl technology allows for convertion gas into synthetic crude at the source, offsetting high production costs with high value added product and eliminating the need for gas transportation infrastructure, making shale gas production economically viable.
Gas monetization solution: converting gas into synthetic oil
Coal monetization solution: converting coal into synthetic oil
Biomass monetization solution: converting biomass into synthetic oil
$ 490 million CAPEX
Oil price $ per barrel