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MURO Energy The Oil & Gas industry, while they have powered our nation to great progress is now facing challenges from all directions. Renewable energy is making a huge push to reduce market share of traditional fossil fuels by reducing their unit cost of production through better technology and storage solutions. Horizontal fracking has caused a massive gas production glut causing a price collapse making many wells unprofitable to produce and other wells without offtake lines an operating burden. Bankruptcies amongst oil producers with the currently lower prices have resulted in millions of abandoned wells and orphaned wells which leak methane into our atmosphere causing environmental catastrophes and a huge nightmare for many communities and the States Orphan Well Programs. Investors in the energy sector are being forced to make decisions to create a cleaner image for their investment portfolios forcing oil and gas companies to clean up their production requiring large capital expenditures and general corporate pressure. For existing and producing wells the challenges are no less. All oil wells also emit methane gas and in this low cost of gas environment, spending millions of dollars in capital expenditure to create CNG or LNG systems on site to save the gas is completely not economical, especially when offtake lines are not close to the well sites. For these producers flaring or venting the gas remains the only real viable option. Both of these options lead to a not so clean image for the operators, and the sight of burning gasoline and other factors like carbon emissions, greenhouse gas creation, data around childbirth defects near flaring sites, and other items such as groundwater damage etc. crate a costly proposition and a public relations nightmare. At Muro Energy, we help oil producers, abandoned and orphan well owners, State Orphan Well Programs and exploratory drillers solve the problems associated with the unwanted or unutilized gas by creating a green solution that doesn’t require flaring or venting and can utilize abandoned or leaking orphan wells to create net positive returns instead of environmental liabilities. We help oil producers recapture revenues from carbon credits, eliminate their existing flaring operational costs, reduce any costs associated from flaring fees and penalties, reduce Bureau of Land Management royalties associated with sites that flare on Federal Land and create a green image for the company , their investors and the market by helping the operators become leaders in the Zero Flaring movement being led by the EPA and The World Bank. We partner with producers and well owners to add onsite systems that capture the gas offtake, converts the gas offtake to clean energy and then harnesses the energy to create net positive revenue, instead of having billions of dollar’s worth of by product wastage. If you have a flaring or venting problem or an issue with abandoned or orphaned wells that weren’t commercially viable, or would like to start monetizing enormous revenue from carbon credit generation, we have the solution.
The Oil & Gas industry, while they have powered our nation to great progress is now facing challenges from all directions. Renewable energy is making a huge push by reducing their unit costs through better technology and storage solutions. Investors are being forced to make decisions to create a cleaner image for their portfolios forcing Oil & Gas investments to face pressure to clean up their act. Horizontal fracking has caused a massive gas production glut rendering most of the gasoline worthless to most in the Oil industry. For oil producers the challenges are multiplied. All oil wells also emit methane gas and in this low cost of gas environment, spending millions of dollars in capital expenditure to create CNG or LNG systems on site to save the gas is completely not economical. Instead, oil producers are getting rid of the gas by flaring or venting the gasoline. Both of these options lead to a not so clean image for the operators, and the sight of burning gasoline and other items like carbon emissions, greenhouse gas creating, childbirth defects and other items around flaring are making the process a costly proposition and a public relations nightmare. At Muro Energy, we help oil producers and exploratory drillers solve the problems associated with flaring by eliminating their need to flare gasoline. We help gas well owners who have capped Wells monetize it. We help government agencies solve the problems associated with abandoned and orphaned wells. Muro partners with producers to create systems that take the gas offtake, converts the gas offtake to energy and then harnesses the energy instead of having billions of dollars worth of by product be wasted. Muro helps oil producers recapture carbon credits, eliminate their existing flaring operational costs, reduce any costs associated from flaring fees and penalties, reduce Bureau of Land Management royalties associated with sites that flare on Federal Land and create a green image for investors and the market by helping the operators become leaders in the green movement for oil. Muro Energy's solutions require zero out of pocket cost or any financial outlay from the oil well operator, and minimal site or location specific land outlay. If you have a flaring or venting problem, we have the solution. Contact Us. Problem: Globally, Oil & Gas companies are venting or flaring massive amounts of gas to get to the oil. This process comes with a lot of incredible issues, challenges, cost and public relations problems. Costs include: 1) Operating Costs of Flaring, 2) Fees & Penalties paid for venting & over flaring, 3) Greenhouse gas and Cabron Emissions, 4) Lost revenues from missed Carbon Credit offtakes, 5) PR Nightmare, 6) Public Investors pressuring the company to reduce or stop flaring and 7) Governmental (EPA & World Bank etc.) pressure to go to zero Flaring/Venting. 8) Governmental and regulatory pressure to stop emissions from abandoned and orphaned wells. 9) Sotting on capped gas wells that’s aren’t currently being monetized. Even existing solutions like energy generation, feedstock production, CNG or LNG creation requres vast CapEX on company's behalf. Despite Their Promises, Giant Energy Companies Burn Away Vast Amounts of Natural Gas Exxon, Marathon, BP and others are flaring natural gas, a wasteful practice with consequences in the fight against climate change, at a record pace. www.nytimes.com https://www.worldoil.com/news/2020/9/7/investment-giants-urge-texas-to-end-most-natural-gas-flaring Investment giants urge Texas to end most natural gas flaring Investors managing more than $2 trillion are calling on Texas regulators to ban the routine burning of natural gas from shale fields, arguing that the energy industry hasn’t moved quickly enough ... www.worldoil.com https://www.worldbank.org/en/programs/zero-routine-flaring-by-2030 https://www.wsj.com/articles/oil-producers-are-setting-billions-of-dollars-on-fire-11578652210 Oil Producers Are Setting Billions of Dollars on Fire - WSJ Massive amounts of natural gas are being burned to make way for oil production. Unless the incentives are changed, the harmful practice will become even more common in the U.S. www.wsj.com https://www.bloomberg.com/news/articles/2019-08-30/flaring-or-why-so-much-gas-is-going-up-in-flames-quicktake Why Oil Producers Are Lighting the Skies With Flaring: QuickTake - Bloomberg If you take a drive along the well-worn highways of West Texas, orange flames will punctuate your journey. Those are gas flares, and they’re lighting up the skies above West Texas oilfields like ... www.bloomberg.com https://today.tamu.edu/2020/08/03/the-problem-with-natural-gas-flaring/ The Problem With Natural Gas Flaring - Texas A&M Today Flared natural gas is burned off at Apache Corporations operations at the Deadwood natural gas plant in the Permian Basin on February 5, 2015 in Garden City, Texas. today.tamu.edu https://www.reuters.com/article/us-usa-flaring/u-s-oil-fields-flared-and-vented-more-natural-gas-again-in-2019-data-idUSKBN1ZX1L5 https://www.energy.gov/sites/prod/files/2019/08/f65/Natural%20Gas%20Flaring%20and%20Venting%20Report.pdf Natural Gas Flaring and Venting: State and Federal Regulatory Overview, Trends, and Impacts - Energy.gov ii NATURA GAS FARING AND VENTING: STATE AND FEDERA REGUATORY OVERVIE, TRENDS, AND IPACTS Energy Information Administration (EIA) by Texas totaled 101 billion cubic feet (Bcf) and North Dakota by 88.5 Bcf. These totals are 10 to 20 times the www.energy.gov https://www.epa.state.oh.us/portals/27/oil%20and%20gas/basics%20of%20gas%20flaring.pdf FACT SHEET - epa.state.oh.us www.epa.ohio.gov • 50 W. Town St., Ste. 700 • P.O. Box 1049 • Columbus, OH 43216-1049 • (614) 644-3020 • (614) 644-2737 (fax) Understanding the Basics of Gas Flaring www.epa.state.oh.us https://www.iea.org/reports/flaring-emissions Flaring Emissions – Analysis - IEA Natural gas is often produced as a by-product (i.e. associated gas) during oil extraction. If the oil project has been planned in a way that does not incorporate access to a gas market or other productive uses, then there are only a few options left for the gas: an operator must choose whether to ... www.iea.org https://ehsdailyadvisor.blr.com/2019/03/the-measuring-and-reporting-of-flared-gas-on-public-lands/ The Measuring and Reporting of Flared Gas on Public Lands - EHS Daily Advisor In September 2018, the Department of the Interior’s Bureau of Land Management (BLM) promulgated amendments that eliminated or replaced most provisions of the Waste Prevention, Production Subject to Royalties, and Resource Conservation final rule the Obama administration issued in 2016. However, several 2016 provisions were retained with modifications, including a provision relating to ... ehsdailyadvisor.blr.com https://www.nytimes.com/2020/07/22/climate/gas-flares-premature-babies.html Study Links Gas Flares to Preterm Births, With Hispanic Women at High Risk - The New York Times Past research has shown that living near oil and gas wells increases the odds of adverse birth outcomes. The study, published last week in Environmental Health Perspectives, is the first to look ... www.nytimes.com Solution: We provide E&P companies with a NET POSITIVE CASH FLOW solution to the problems arising from Venting or Flaring gasoline in Oil production. 1) Reduce all flaring related operating costs to zero. 2) Get rid of any fines and penalties associated with Flaring or Venting 3) We help E&P companies garner valuable Carbon Credits for the reduction in carbon emissions from the elimination of flaring or venting. We also help monetize abandoned and orphaned wells and capped wells. 4) We help address companies PR image by creating a GREEN SOLUTION and address both World Bank, EPA and investor led concerns around emissions. 5) In a Democratic Environment where Environment is a key agenda, fines and other items 6) Reduce the Bureau of Land Management Royalty payments (12.5% of revenue) for flaring on any federal land leased wells and drill sites. 7) we help the emissions issues by taking over orphan and abandoned wells 8) we help gas’s well owners who have capped Wells to monetize them 9) Generate carbon credits for the company. 10) monetize carbon credits for the company. How Do we Do It: We sign an offtake agreement for all the gas to be flared, vented or from abandoned, orphaned or capped Wells. We then pay for gas driven generators (to be hosted on site by E&P company) We create the infrastructure to then utilize the energy generated in a green manner We monetize the new energy created via various cloud and computing based digital ventures. We help generate carbon credits and then monetize carbon credits. We are the ONLY NET POSITIVE CASH SOLUTION TO YOUR COMPANY's NOT SO GREEN PROBLEM!! https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN23N1NL https://www.salon.com/2020/12/19/inside-the-effort-to-plug-hazardous-oil-and-gas-wells-abandoned-by-companies_partner/ https://www.motherjones.com/environment/2020/12/the-number-of-abandoned-oil-and-gas-wells-is-on-the-verge-of-exploding-what-happens-now/
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We believe we are uniquely positioned to stop gas flaring and venting, enhance carbon credit offsets and reduce greenhouse gas emissions and solve issues of gas leaks all in three way positive manner for us, the asset owners and the world at large! While our clients are oil and gas companies we are their green solutions lifeline.
Every design category has flexible pricing for all budgets. Web page design starts at $599.
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It all began with a design brief.
A quick, interactive guide helped them understand their design style and captured exactly what they needed in their web page design.
Designers across the globe delivered design magic.
Ridaam collaborated with designers to refine their ideas
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