FISCHER TROPSCH Discovered in 1923 by F. Fischer and H. Tropsch at the Kaiser Wilhelm Institute for Coal Research in Mulheim, Germany. A catalytic process to synthesize hydrocarbons and their oxygen derivatives by the controlled reaction of hydrogen and carbon monoxide. Process used in WWII by Germany to create fuels. Conventional Fischer Tropsch needs to be large to be economically viable THE FUTURE OF ENERGY Small on-site energy production Bring the technology to the fuel source Transformation of GTL through Microchannel Fischer Tropsch MICROCHANNEL FISCHER TROPSH Develop the micro-reactor directly at the well head CAPTURE WASTED RESOURCES 5 TCF of gas flared every year 5 TCF re-injected to avoid flaring alone 29% of natural gas produced in ND is flared Accelerates processes Up to 1,000 fold MODULAR DESIGN BENEFITS Modular suitable for remote locations Capacity can be adjusted to the field Smaller plants = smaller investments Reduced costs through shop fabrication High quality and consistency Only ‘designed once’ Eliminates “scale up” issues SUCCESSFUL BUSINESS….. Identifies problems and solves them Turns negatives into positives Is mutually beneficial to all concerned Is scalable and repeatable MICROCHANNEL FT TURNS NEGATIVES INTO POSITIVES & PROFITS Turns wasted flaring into profits Eliminates prolonged flaring Eliminates costly injection in lieu of flaring Monetizes stranded NG reserves Hedge against low natural gas prices Reduces carbon emissions Eliminates night time light/noise Unlike regulations that cost money, MFT will make money Positive Public Relations With Microchannel Fischer Tropsch, when you look into the night sky……. Instead of seeing flaring……