below are answers to our customers frequent question
Q : What is flaring?
Flaring is the controlled combustion of hydrocarbon or other compounds in a flare. Continuous, or routine flaring happens when excess gas is produced routinely, without means of taking it to market or utilizing it locally. Operation flaring happens due to production upsets.
Q : Why is flaring a bad thing?
Flaring is a waste of natural resource. Additionally, flares contribute to air pollution as they emit harmful gases and sooth. Thirdly, flares contribute to climate change through CO2 and Methane emission.
Q :How does F2V help solve the flaring issue?
The oil and gas industry has been working on flare abatement for decades and made significant progress. However, in order to achieve the World Bank zero routine flaring target by 2030, thousands of projects need to be deployed over the next 10 years. We need more human and financial resource and solutions that can be deployed fast.
We bring resources to the problem and simple modular solutions that can be deployed fast. We do this without investment from the oil and gas company or government. F2V develops commercial and technical solutions, engineers and builds flare gas monetization projects, owns and operates the facilities. So, we crate value from waste and reduce environmental and climate change impact.
We also believe the global problem of flaring needs a large number of companies like F2V. Therefore, we proactively foster growth through successful projects and sharing our experience.
Q : What are the typical solutions ?
In our experience, monetization solutions depend on gas supply and product market (distance, prices). It may be attractive to utilize gases from small flares locally as reinjection gas, fuel gas, or generate heat or power. Above 5 mmscfpd, higher added value options may become attractive, such as production of dry gas, LPG and condensate. Often associated gas can also be used to displace diesel in generator sets.