Upload
emmeline-elliott
View
222
Download
1
Embed Size (px)
Citation preview
October 11, 2012 www.fieldupgrading.com1
Upgrading Bitumen using Molten Sodium
Enabling Cost Effective Upgrading at Modest Scale
John GordonJavier
AlvareNeil
Camarta
October 11, 2012 www.fieldupgrading.com2
Molten Sodium Upgrading
Breakthrough Upgrading
…Significantly Less Complex
…One-Half the Capital Intensity
…Twice the Net Margin
…Less Hydrogen Required
…Greatly Improved Economics
…Lower emissions
October 11, 2012 www.fieldupgrading.com3
Molten Sodium Upgrading
Reactor Separator
Electrolytic regenerationSeparator
H2 or CH4
Ni, V, Fe
Electrical Power
Na saltNa
Sulfur
Make up Na
Simple Process
October 11, 2012 www.fieldupgrading.com4
Diluent loop
Bitumen production
Market
Sodium Upgrading
DilbitMix
Diluent StripperSweet
20 APILow resid
8 API36
API
18 API
20 API
Diluent return
October 11, 2012 www.fieldupgrading.com5
Major Equipment Comparison
Molten Sodium CokingReactor Atmospheric Unit
Solids Separator 1 Vacuum Unit
Condensate Stripper
Cokers
Solids Dryer Coker Fractionator
Solids Separator 2 Gas Recovery Unit
Electrolysis Unit Hydrogen Plant
Tank Farm Naphtha Hydrotreater
Utilities Distillate Hydrotreater
Gasoil Hydrotreater
Amine and SRU
Tank Farm
Utilities
October 11, 2012 www.fieldupgrading.com6
MSU Treatment ExampleFractions boil at lower temperature
“Resid” fraction is reduced
0 0.10.20.30.40.50.60.70.80.9 10
100
200
300
400
500
600
700
800
Dilbit treatedDilbit AR
Fraction Boil offSim
dis
t T
em
p (
C )
October 11, 2012 www.fieldupgrading.com7
Electro Regeneration
October 11, 2012 www.fieldupgrading.com8
Electrolysis Cells
+ +
Na2S Solution
Molten Sodium
Molten Sulfur
Anolyte
Cathode
NaSICON tube
AnodeNa2S Solids
DepletedNa2SSolution
Na2SDepletedSolids
October 11, 2012 www.fieldupgrading.com9
Tubular Commercial Cells
For sodium waste recovery
October 11, 2012 www.fieldupgrading.com10
Cell Life Tests Very Encouraging
Anolyte Replacement
October 11, 2012 www.fieldupgrading.com11
Example Metrics & Economics
October 11, 2012 www.fieldupgrading.com12
Key Crude Valuation Metrics
PropertyAthabasca Bitumen
Feed
MSU Product
Best Run
MSU ProductPotential
DelayedCoking Sweet SCO
API Gravity 8.3 27.3 29 34.8
Sulphur, wt% 4.9% <0.1% <0.1% 0.2%
TAN, mg KOH/g
2.8 <0.1 <0.1 <0.1
Olefins wt% 0% 1.1% <1.0% 0%
MCRT, wt% 13.2% 0.3% <0.3% 0%
C5 Asphaltenes
16.6% <0.3% <0.3% 0%
Ni+V, wppm 289 <1 <1 <1
October 11, 2012 www.fieldupgrading.com13
Key Crude Valuation Metrics
PropertyAthabasca Bitumen
Feed
MSU Product
Best Run
MSU ProductPotential
Delayed
Coking Sweet SCO
Distillation
IBP – 350 F 0% 4% 4% 17%
350 – 650 F 14% 34% 36% 58%
650 – 1000 F 35% 43% 45% 25%
1000 F + 51% 19% 15% 0%
Yield (LV%) N/A 90% 95% 82%
Edmonton Price $US/bbl
$42.76 $74.52 $75.65 $80.01
October 11, 2012 www.fieldupgrading.com14
Economics - Margin
MSU ProductPotential
DelayedCoking Sweet
SCO
Feedstock Price, US$/bbl $42.76 $42.76
Product Price, US$/bbl $75.65 $80.01
Product Yield, LV% 95% 82%
Gross Margin, US$/bbl $29.93 $23.67
Operating Cost, US$/bbl $8.85 $16.30
Net Margin, US$/bbl $21.08 $7.37
October 11, 2012 www.fieldupgrading.com15
Economics – Capital & Return
MSU ProductPotential
DelayedCoking Sweet
SCO
Net Margin, US$/bbl $21.08 $7.37
Capital Cost, US$/bbl $30,000 $60,000
Capital Cost, US$MM $750 $1,500
IRR, % 18.4% 1.1%
NPV (10%), US$MM $602 ($835)
Profitability Index 1.80 0.44
October 11, 2012 www.fieldupgrading.com16
Emissions
45% Lower CO2 Emissions
Zero SO2 Emissions
October 11, 2012 www.fieldupgrading.com17
Niches
Smaller operationsDiluent scarceDecentralizedRemote
October 11, 2012 www.fieldupgrading.com18
Next Steps
Pre-pilot investigation 20121st Pilot scale installation and operation 2013 – 2014
October 11, 2012 www.fieldupgrading.com19
Contact Information
John Gordon…[email protected]…(801) 631-5961
Neil Camarta…[email protected]…(403) 470-0141