Quantcast
breaking news

Heat Could be Key to Improving Oil & Gas Revenue

By: Mycah Glover
Updated: March 21, 2013
watch video
Midland -- Over the years, we've seen how a number of processes have impacted the oil and gas energy. There's been 3D seismic, directional drilling and a lot more. Now, one man says the availability to capture waste heat energy can also have a big impact on the industry...especially when it comes to saving money.

According to Richard Erdlac, owner of Erdlac Energy Consulting, there are a number of different processes in the oil and gas industry where waste heat energy is either thrown up into the atmosphere or removed from a system.

"For example, turbines (and) engines that might be used on a drilling rig or might be used with compressors at a gas treatment plant where your compressing natural gas into a pipeline, those are areas where a lot of waste heat ends up being developed," said Erdlac.
   
He said these are areas where companies can capture that heat on-site using a Gulf Coast Green Energy ElectraTherm Green Machine and actually begin to generate some of their own power and, in turn, save some money. "If a company is paying say over 7 cents a kilowatt hour, they're going to see some significant savings," he said.
   
Erdlac say there are four areas in the oil and gas industry that are prime for taking advantage waste heat capture. Those include oil and gas drilling sites, flares, gas compression sites and amine processing.

"It's not as exciting as exploration for oil and gas, but it is a way to save a company money. Obviously, right now, that's something that ends up being very important. How your operating expenses can be decreased overtime and that's what this is about," stressed Erlac.

If you're interested in taking advantage of these savings or simply want to learn more, you can contact Erdlac Energy Consulting by calling 432-699-5288 or emailing rjerdlac@att.net.

For more energy news, follow Mycah Glover on Facebook or Twitter.

Comments

Readers Feel...

hello
Related Content

The Permian Basin chapter of Mensa, the high I.Q. society, offered testing to locals Saturday who were hoping to become a part of the elite group....

McDonald's celebrated the grand opening of a new location on Saturday....

The mayor of West, Texas made an appearance in Gardendale on Saturday at the Texas Thunder Music Festival....

An Alpine man is facing federal charges for allegedly getting drugs in the mail to be sold to other people....

One woman is dead and another is behind bars after a hit and run in Midland Friday night....

The town of Colorado City will be saying goodbye to the teenage girl the've spent years looking for on Sunday....

A West Odessa home has been destroyed after an afternoon fire....

The Catholic Diocese of Lubbock is speaking out after an investigation revealed a man claiming to be part of the Diocese was simply using their name to secure clients....

The Texas Thunder Festival has come to the area to raise money for those affected in the West explosion....

Temps will stay in the upper 90's and 100's this weekend with low humidity...

 
 
Do you believe people will go to prison over the IRS scandal?
 



 
 
 
©1998 - 2013 Permianbasin360.com
Nexstar Broadcasting, Inc.
All Rights Reserved