An article recently published by Rystad Energy reports that flaring and venting in the Permian Basin has stabilised at around 600-650MMscfd. If redirected as feedstock for Gas2Wire these volumes could generate >3GWe (72GWh/day), enough to meet Nigeria’s annual power utilisation.
The Gulf Coast Express pipeline project (GCX), which entered full service late September, is expected help reduce this figure, but is already fully subscribed under long-term contracts. Several others are on the way (including the Pecos Trail, Permian-Katy, Permian Highway, Whistler and Permian Global Access pipelines), but not all operations may be able to support the CAPEX/OPEX demands of this new infrastructure. Will these projects be allowed to continue to flare?
Gas2Wire is scalable, redeployable and can be delivered quickly and relatively inexpensively, creating both short-term and permanent options for a wide range of projects.