Evaluation of the Economic Efficiency of the Associated Petroleum Gas Application for the GTL Technology
The main problem still remains a rather low level of useful use of associated components of oil production and, consequently, a high percentage of combustion of associated hydrocarbon compounds. In addition, companies are increasing the amount of costs aimed at reducing volatile organic compounds and nitrogen oxide every year, which significantly reduces the productivity of equipment. Based on the analysis of existing practices, the economic prospects are evaluated and recommendations for the targeted use of APG are formulated. The study briefly outlines technologies for reducing on-site flaring that are applicable in hard-to-recover oil fields. Information on technologies is collected and evaluated from a review of previous studies, technical documents, and analysis of open international sourcess.