BluBox Energy Produces Clean Energy & Discovers New Profits
from "Stranded" Natural Gas Wells!
Many oil and natural gas fields in the United States are located away from existing pipelines. In many cases the area is so remote that it’s just not economical to establish a connection to a regional pipeline. While crude oil can be transported to distant markets with relative ease, the practice in the past has been to flare stranded gas at the wellhead in order to produce the oil. This practice however is no longer acceptable due to environmental concerns. (strictly prohibited in Colorado where all flaring must be authorized by the COGCC unless certain strict conditions are met) BluBox Energy has the solution for many of these oil and gas producers throughout Colorado and beyond. "Stranded" or "shut-in" wells can now return to full production, increasing operator revenue and state tax revenue, while maintaining compliance with all local, state and federal regulations.
BluBox Energy provides modular generation units that can be placed at stranded natural gas wells to turn those trapped resources into green recycled electricity. We provide a turn-key system; engineering, equipment, installation and maintenance. Units are configurable up to one megawatt, can be set up fairly quickly, are computer monitored remotely and are powered by Caterpillar. The generated electricity is then uploaded directly into reliable primary transmission lines and is sold on the open market under long-term contracts to the local rural electric cooperatives. A Gas Acquisition Agreement is executed with the oil and gas producers and a Power Purchase Agreement is put into place with the local utility thus fixing our cost of gas and guaranteeing the price we sell our electricity for. It’s an excellent opportunity for everyone involved and BluBox is producing much needed “CLEAN” energy directly to the grid.
Colorado Shut-In Wells
1. There are approximately 3,000 shut-in wells in Colorado today and that number is growing
considerably each and every month.
2. The COGCC prohibits the venting or flaring of natural gas from the wellhead into the
atmosphere which in many cases also halts valuable oil production.
3. There are no natural gas pipelines in many of the new drilling areas of the state and
due to depressed natural gas prices the companies that gather, process and market the gas
do not expect to connect these areas for several years. Additionally, they have little or no
storage capacity left at this time.
1. BluBox contracts with the local oil and gas producing companies that have "shut-in" wells
to acquire their natural gas in exchange for providing them with the opportunity to
produce their valuable oil from their "shut-in" wells while maintaining gas flaring compliance.
2. BluBox contracts with the local electric utilities and end users and provides them with
consistent and reliable power at an attractive price.
3. BluBox provides a turn-key system; engineering, equipment, installation and maintenance.
CLEAN ENERGY FROM WELLHEAD TO END USER