Strategic Power Solutions News

Strategic Power Solutions

STATISTICS & RELEVANT INFORMATION FOR THE SMART JACK & REGENERATOR

OIL

Today oil and gas, supplies 60% of our energy needs globally. Their role will continue to be of primary importance in the foreseeable future.

Energy demands world-wide are growing at a rapid pace. Oil & Gas Networks Magazine predicts that the present daily global oil demand of 87.5 million barrels, will grow to 95.8 million barrels per day by 2012. China is now second to the United States in consumption, with an economy that is surging at an 11% growth rate. India is not far behind, and other Pacific Rim countries such as Korea and Japan have become large energy consumers as well.

As energy demands keep increasing, geo-political issues are also affecting oil prices. Instability in the Middle-East, the war in Afghanistan, violence in Pakistan and Nigeria (major producer in Africa), and more recently a soured relationship between the US and Venezuela (major producer in South America), are raising the security issue of global oil supply.

Fueled by continued strong consumer demands for oil and gas products, and the price of a barrel of oil steadily increasing, drilling and exploration activity has resumed This increase in drilling activity is forecasted to continue in the foreseeable future, and it is predicted that oil consumption will increase by 34% by the year 2030. Not too long ago on January 3, 2008, the price of a barrel reached $100 and is projected to reach and surpass this figure in the very near future.

ARTIFICIAL LIFTS

Today oil producers extract oil from underground reservoirs using an artificial lift technology that has virtually remained unchanged for the past 60 years. Given today’s rigorous standards, Beam Pumps are known to be very inefficient, requiring continuous regular maintenance and monitoring, resulting in high maintenance costs, high energy consumption levels and high emissions.

In the past Artificial Lift manufacturers have not been compelled to innovate. They have simply repaired, adapted, and replicated with minor modifications the antiquated technology and equipment. Oil producers as well, showed little interest in changing their oil extraction methodology, or investing in any new technology, for fear that this would result in an increase in capital and operating expenditures and affect their bottom line.

Today, as a result of the changes in the oil market dynamics, the oil, gas, and energy sectors have shown considerable interest in searching for new technologies that will increase their productivity, achieve previously unachievable efficiencies, reduce waste and green house emissions, and allow them to be competitive, positioning them at the forefront of this new global trend called "Clean Technology" , “Cleantech”, "Leantech".

Cleantech/Leantech products offer higher returns for investors, manufacturers, and customers, while providing solutions to the global environmental challenges. To those who embrace it, there is a greater financial upside and sustainability.

In North America alone it is estimated that there are 1,167,350 artificial lifts operating, with thousands of new lifts being installed every month.

There are 5.9 million km of natural gas pipelines in the world, and more are planned to be constructed within the next five years, resulting in an existing vast, lucrative and growing market for the SPS Regenerator technology. Globally, at this time there are 397,537 km of new pipelines in various stages of development and construction.

USA

The US has far more oil and natural gas pipelines than any other nation in the world. It is estimated to have in its network, approximately 2,313,432 km of gas pipelines (source the 1960-2005: American Gas Association, Gas Facts, 2005 Arlington, VA: 2006).

Canada

Canada also has major gas pipelines, such as the Trans Canada pipeline which is 3,700 kilometers long running from Alberta to Montreal. The major Canadian pipeline companies involved are: Alliance Pipeline Limited Partnership; Foothills Pipeline Ltd.; Maritimes & Northeast Pipeline; TransCanada PipeLines, LP; TransQuebec & Maritimes Pipeline; Sable Offshore Energy Inc. and WestCoast Energy Inc. The Mackenzie Valley natural gas pipeline is currently Canada’s largest new proposed pipeline. The environmental review and consultation with aboriginal groups has been completed and the go-ahead has been given by the Canadian Government. It will consist of 1,200 kilometers of pipeline running from the Mackenzie Delta to the NWT-Alberta border. It would have a capacity of 1.2 billion cubic feet per day.

Russia & China

Russia and China have the largest gas reserves in the world. The former Soviet Union is second only to the US in the total length of oil and gas pipelines. The Middle Asia Central Zone pipeline has a length of 5500 kilometres and carries over 25 billion cubic meters of gas. One of the longest gas pipelines in the world is the Northern Lights pipeline with 5,470 kilometres of pipe. China ranks fifteenth in gas production with an output of 27.7 billion cubic meters .China to date has built 11,800 km of gas pipelines. There are plans for an oil pipeline network connecting Northeast China, North China, and East China.

Europe

In Europe, there are plans to construct by 2012 the Nord Stream pipeline, which will be approximately 1,200 kilometers long. It will transport gas from Russia to the European gas network for the major markets of Germany, Denmark, the UK, the Netherlands, Belgium, France and other countries.

GAS PIPELINES WORLDWIDE

Can & US Pipelines map

US Pipelines map

China and Central Asia pipelines

Green Solutions Always

Russia & China

Europe In Europe, there are plans to construct by 2012 the Nord Stream pipeline, which will be approximately 1,200 kilometers long. It will transport gas from Russia to the European gas network for the major markets of Germany, Denmark, the UK, the Netherlands, Belgium, France and other countries.

Europe

In Europe, there are plans to construct by 2012 the Nord Stream pipeline, which will be approximately 1,200 kilometers long. It will transport gas from Russia to the European gas network for the major markets of Germany, Denmark, the UK, the Netherlands, Belgium, France and other countries.

Europe

In Europe, there are plans to construct by 2012 the Nord Stream pipeline, which will be approximately 1,200 kilometers long. It will transport gas from Russia to the European gas network for the major markets of Germany, Denmark, the UK, the Netherlands, Belgium, France and other countries.