Greyrock Announces Partnership with Nerd Gas to Deploy Gas-to-Liquids Facilities
SACRAMENTO, Calif., Jan. 15, 2015 /PRNewswire/ -- Greyrock Energy, a company transforming natural gas into premium transportation fuels, today announced the formation of a partnership with Nerd Gas to deploy gas-to-liquids (GTL) facilities in the United States.
Founded by Mick McMurry in 1996, Nerd Gas Company, LLC is a private, Wyoming-based energy investment company whose primary focus is on the efficient and responsible exploration of hydrocarbons in Wyoming and the northern Rocky Mountain region. Nerd Gas Company is one of Wyoming's leading entrepreneurs in energy projects in a state recognized for the depth and breadth of its extensive mineral resources.
Nerd Gas has invested in the previously announced Sterling Greyrock GTL project to confirm the commercial viability of small scale GTL. Through an affiliate, U.S. GTL, Nerd Gas and Greyrock are partnering to explore the feasibility of gas-to-liquids plants in Wyoming and other locations. The Nerd Gas and U.S. GTL teams have extensive expertise in hydrocarbon technologies, including GTL.
"Greyrock is excited to announce our partnership with the Nerd Gas/U.S. GTL team and look forward to building a portfolio of GTL projects based around Greyrock technology together," said Robert Schuetzle, Chief Executive Officer, Greyrock.
"The Nerd Gas team has worked for several years on an analysis of gas-to-liquids technologies and their applications in Wyoming and the Rocky Mountain region and believe that the Greyrock approach is best suited for success on these projects," said Mick McMurry, Founder and President of Nerd Gas. "Our development team is working to ensure that Wyoming GTL facilities can utilize Wyoming natural gas and produce clean transportation fuels for local consumption."
Greyrock's facilities produce primarily premium synthetic diesel fuel from natural gas or natural gas liquids using the company's groundbreaking GreyCat™ catalyst and Distributed GTL (dGTL) solution. Modular gas conversion can be achieved from a variety of abundant gas sources, including natural gas, natural gas liquids (such as ethane), stranded gas resources and associated gas.
About Greyrock
Greyrock enables natural gas producers and midstream companies to take full advantage of the industry's unprecedented levels of shale gas production by transforming natural gas potential worldwide with commercially available, small-scale gas-to-liquid (GTL) systems. Greyrock's partners can profit by transforming abundant, low-cost natural gas into higher-value transportation fuels without the costly, large-scale processes larger operators must support with traditional GTL solutions. This revolutionary technology permits more flexible deployment of GTL small-scale processing systems. Founded in 2006 and headquartered in Sacramento, CA, Greyrock's groundbreaking GTL process converts natural gas into pump-ready transportation fuels. For more information, please visit http://www.greyrock.com.
About Nerd Gas/U.S. GTL
Nerd Gas Company's outstanding reputation and leadership role in the energy and power industry is due to our commitment to foster business development and create jobs. The company stands by the Wyoming State Code, which provides our employees and leadership with the tools to attain the highest standards of ethical business practices.
At the time of its founding, Nerd Gas Company was a successful working interest partner in the discovery and nine-year development of both the prolific Jonah and Pinedale Anticline Fields in Sublette County, Wyoming. These fields presented geological challenges which required new drilling and hydraulic fracturing technology in order to successfully extract natural gas in these areas. Jonah Field was sold to Alberta Energy (later changed its name to Encana) in June 2000, and the Anticline Field was sold in November 2001 to Shell.
Nerd's energy resource development efforts did not end at the Jonah Field. Nerd is currently involved in conventional oil and gas exploration projects in the Rocky Mountain region. Zones of interest are primarily traditional oil or gas-bearing Cretaceous sand reservoirs, traditional carbonate reservoirs and both structural and stratigraphic traps. Nerd is also currently invested in other BTU-potential projects in Wyoming, including a pure play uranium exploration project in the Powder River Basin.
Nerd Gas Company is proud of its talented group of professionals on staff that have spent the majority of their careers focusing on Rocky Mountain reservoirs and solving energy production challenges. For more information please visit: http://www.nerdgas.com
CONTACT: Robert Schuetzle, Greyrock Energy, 800-729-9350
SOURCE Greyrock Energy
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