JAKER ENGINEERING, PC
 

Overview
Jaker Engineering, PC has developed a method to reclaim stranded resources from under-producing gas wells. With Jaker Engineering's project design and business concept, these wells can provide useful energy for the region and a return on investment for the drilling company. This concept also has merit for productive well sites during seasonal transition of energy values.
 

The Problem
Between 50% and 75% of gas wells drilled yield production rates that are uneconomical for connection to a regional pipeline. Many wells are simply plugged and abandoned when their yield is insufficient. Jaker Engineering, PC realized that a design process and business model was needed that will allow these "stranded" wells to produce revenue.

The Solution
A platform designed by Jaker Engineering can be set up at these unproductive sites to generate power for connection to the grid. While the design uses proven equipment and technologies, it is the business concept that makes it successful. Approximately 300 MCF per megawatt, per day is required, in contrast to the several thousand MCF per day output required for pipeline connection.
 

The People
Jaker believes to have identified the best combination of participants in the energy sector and has developed a model that can quickly assess the potential for economic return on each project. Each participant required in the development of under producing wells brings a strength to the project that is paramount for success.
 

IOGA of NY Conference
Jack (John P.) Perkins, President/CEO of Jaker Engineering, PC, has been invited to speak at The Independent Oil and Gas Association of New York's 25th annual conference in Buffalo, NY. The topic will be "Power Generation with Stranded Gas; New York State's Hidden Asset". Conference Agenda is available at www.iogany.org.

  Stranded Gas Press Releases

       "Reclaiming Stranded Resources from Gas Wells"
       "Reclaiming Stranded Gas Resources for Power Generation - Update"
       "Funding Approval for Power Generation Project with Stranded Gas Resources"

   Conference Power Point Presentation

      Power Generation with Stranded Gas - PowerPoint Office 2003 Version (1 MB)
      Power Generation with Stranded Gas - PowerPoint Office 97 Version (9 MB)

   Conference Brochures

      Stranded Resources - Adobe PDF file (200K)
 

Contact Jaker Engineering, PC for more information.
 

Jaker Engineering, PC
5 Cardinal Road, PO Box 67  -  Horseheads, NY 14845  -  (877) 525-3772
solutions@jakerengineering.com

Copyright 2006 Jaker Engineering

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