Maverick Synfuels and Petrostar Petroleum form JV for small-scale methane-to-methanol plants in Canada
8 July 2014
Maverick Synfuels and Petrostar Petroleum Corporation, a Canadian-based oil and gas exploration company, formed Maverick Northstar, Inc., a joint venture to facilitate the deployment and operation of gas-to-liquids (GTL) technology in the Canadian Provinces of Alberta, British Columbia and Saskatchewan. (Earlier post.)
The small-scale modular plants will utilize and promote technology that converts a methane-rich feedstock, such as natural gas, flare gas and biogas, into high-quality methanol, which offers new possibilities for synthetic chemicals and fuel production in Canada’s methane-rich prairie provinces.
Much of the methane in Western Canada is found in remote oil and gas fields where traditional distribution is not economically viable due to infrastructure choke points and discounted gas rates. Maverick’s modular production platform offers a small-scale solution that can be co-located at the source of the methane. The platform converts methane and higher hydrocarbons into methanol that can be used on-site or transported to larger facilities nearby for conversion into higher value products such as ultra-clean synthetic fuels and chemicals.
Maverick has contracted with Plant Process Equipment to manufacture and sell small-scale gas-to-liquids plants (GTL). These modular plants are mounted on skids and can be quickly transported and installed remotely, even in difficult-to-access terrain. The plants can produce up to 10,000 gallons a day of methanol from methane-rich waste gas, or natural gas sources.
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