Solar Steam Generators for Enhanced Oil Recovery Brochure

Solar Steam Generators For Enhanced Oil Recovery Reduction in EOR gas use Increase proved reserves Maximize In-country value 3 Please visit http://www.youtube.com/user/GlassPointSolar heating the formation makes heavy oil easier to pump Thermal Enhanced Oil Recovery (EOR) Thermal EOR Delivers Production Source: Chevron EOR has reversed oil production decline Increased oil production has increased gas use 22% Enhanced Oil Recovery (EOR) Gas Supply-Demand Balance in Oman Produced Imported 94% 6% 34% 44% Exported Consumed 98% of fuel burned is used for steam 500 Barrels of Steam (200 MMBtu) Artificial lift, pumps, … (432 kWh = 4 MMBtu) Solar Thermal Converts Light to Heat Photovoltaic Converts Light to Electricity Solar Thermal, Not Photovoltaic Solar Steam Generator Mirrors move to track the sun Sunlight is focused onto a pipe containing water steam water Berry Petroleum, Bakersfield, CA Two years of operation PDO Amal, Oman 50 tonnes of steam per day First Steam 12-12-12 14 Now in daily operation Under Construction What happens when the sun sets? Hybrid Configuration Noon Sunset Midnight Steam Delivered Annual Gas Savings Oman 17 In-Country Value Planned solar factory in Oman Creates 1,500 direct & indirect jobs Steam Gas Steam Generation at Oilfield Gas Steam Gas Steam Generation at Oilfield Sun Gas Solar Steam Generation 22% What is the value of released gas? Steam 22% Gas Steam Generation at Oilfield Sun Gas Solar Steam Generation 0.5 Bcf of Gas per annum 22% (6,000 tons) $17B of additional LNG revenue Steam $17B of revenue 22% Export as LNG Gas Steam Generation at Oilfield Sun Gas Solar Steam Generation Gas 22% 15,000 Jobs Created by Saving Gas Steam 15,000 Jobs 22% Private Industry Gas Steam Generation at Oilfield Sun Gas Solar Steam Generation Gas 22% Increase Proved Reserves EOR Production Profile - 5 10 15 20 25 30 35 40 1 4 7 10 13 16 19 22 25 28 Barrels of Oil per Day Year of Production Gas Steam Operating costs (gas) exceed revenue so well shut-in Additional Production - 5 10 15 20 25 30 35 40 1 4 7 10 13 16 19 22 25 28 Barrels of Oil per Day Year of Production Gas Steam Solar Hybdrid Steam Solar EOR Production Profile Operating costs minimal (no fuel cost) so well not shut-in Reduction in EOR gas use Increase proved reserves Maximize In-country value To learn more www.glasspoint.com http://www.youtube.com/user/GlassPointSolar Rod MacGregor President & CEO GlassPoint Solar, Inc. 46485 Landing Parkway Fremont, CA 94538 rod@glasspoint.com