Petoskey company, Gas Technologies manufactures gas to liquids processing systems they call “GasTechno.”

The company is evaluating and developing processes for methanol-to-diesel, methanol-to-gasoline, methanol-to-jet fuel, methanol-to-olefins, glycols, amines, fertilizers and other bolt-on processes. They are looking for a “flare to fuels” partner with similar interests. The company says they want to work with operators who have gas resources at landfills and biodigesters.

The flagship offering is the Mini-GTL methanol plant.

Gas Techno Mini GTL unitA spokesman said “Companies wishing to tender bids for the GasTechno Early Adopter Program will be evaluated based on project merit and prospective opportunities for future collaboration in either commercial or developmental applications of the technology.”

In support of the Early Adopter Program, the company is developing a financing strategy that allows Early Adopters to jointly participate in acquisition strategies targeting stranded natural gas reserves.

GasTechno’s focus is the conversion and monetization of flared or stranded natural gas. Though “proven” geologically, stranded reserves cannot be included in the bookable value of an asset without an economically viable method to deliver that product to market. Deploying a GasTechno plant on stranded reserves converts stranded gas to liquid product that sells at market prices trending well above pipeline prices. By converting and marketing stranded reserves at improved pricing, this strategy has the potential to improve asset valuations at more than 5 to 10 times by exploiting provisions in the modernized SEC oil and gas reporting requirements that permit the use of “alternative product pricing” to value proven reserves.

With record lows in the natural gas markets, companies are offering natural gas assets at very attractive pricing. “We want to demonstrate the enormous potential in stranded North American gas reserves; that will only be possible when industry understands the market potential in converting those reserves to liquids at the surface. Currently the industry focus is finding and developing natural gas liquids below ground, but few really understand the financial potential unlocked by small scale conversion of existing gas to liquids with GasTechno above ground,” says Walter Breidenstein, CEO. “Our industry studies have been completed and all the economic and technical models are developed. Our goal in the Early Adopter Program is to open up our expertise and demonstrate what we have proven over the last several years in this growing sector.”