ExxonMobil, Aiteo, Shell, others flare N9.2bn gas in one month

The deployment of green technology in Nigeria’s oil and gas industry would ensure that no gas is lost through flaring across oil fields in the country.

This was the submission of the Managing Director, Clenik Petrotech Solutions, Clara Ikuku, a geologist and reservoir engineer, during an interview at the sideline of the just concluded Nigeria International Petroleum Summit, NIPS in Abuja.

Advertisement

She stated that the green technology has been successfully applied in basins in Texas where there is zero gas flare.

She noted that Nigeria has a lot to benefit from utilizing its gas resources from generating more revenue to protecting the environment around the industry.

According to her, “My green technology will be a game changer for the gas to power programme. It is time now to end gas flaring because we need the gas to develop our economy and for future generation. We need it for sustainable development.

“We cannot continue to do business as usual. A lot of big banks and financial institutions are taking out their money from the oil sector because they think that we are polluting the environment because of global warming.

“If we show to these stakeholders and these big banks that we can still produce the oil safely with zero gas flares, then we can get the investment we need”, she added.

Ikuku said the Canadian based company currently operating in Houston, is presently partnering with a green technology company to develop the technology which has been successfully applied at the Appalachian Basin in the US.

She explained that the technology “takes the gas, once the well has been completed, and streams it together with the water in the well to a pipeline. But before this, it has a whole lot of separators right at the well site, the separators will separate the constituents.

Advertisements

“The oil which you can sell and then the gas which you can compress and re-inject if you want to manage your reservoir to maintain pressure in your reservoir. You can compress the gas and sell them or re-inject them for enhanced oil recovery.

READ ALSO: NCDMB investments limited to Govt Policies, Projects – Wabote 

“Then, because a lot of companies spend so much money on water disposal; they drill water disposal wells, they are looking for ways to manage the produced water. In this case, it is a closed-loop and so you don’t need to spend money on disposal. All you need to do is recycle the water and re-inject it into the well for pressure maintenance as well.

“It is a closed-loop where nothing is wasted. The oil is separated right at your well and then sold, the gas is compressed re-injected or sold and the water is recycled”, she added.

She said the company, which currently consults for Saudi Aramco in Texas is seeking to go into discussion with people in charge of gas to power programme as well as the Nigerian National Petroleum Corporation on the benefits of deploying the technology in Nigeria.

Also speaking, the Executive Director, Operations, Clenik Petrotech Solutions, Lulu Barango encouraged young and growing entrepreneurs to take advantage of the immense opportunities provided by the summit in collaboration with the Ministry of Petroleum Resources under the creative leadership of the Minister of State Petroleum, Chief Timipre Sylva, the Executive Director of NCDMB, Simbi Wabote and the multi-national oil and gas companies operating in Nigeria.

He further advised indigenous companies in the oil and gas space to dwell more in providing solutions in their service delivery by initiating a technology solution mix than dwelling in foreign procurement alone.

Advertisement

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.