A potential “game-changer”
in the oil industry will be highlighted during a featured presentation at the
2014 Black Hills Bakken & Investor Conference October 1st and 2nd at the
Spearfish Holiday Inn Convention Center, Spearfish, S.D.
Two western South Dakota
entrepreneurs, Tom Wilson and Dan Johnson, have created an innovative and
environmentally friendly method of turning hazardous oil into safe and
profitable oil. Tom and Dan have extensive
backgrounds in the oil industry with nearly 70 years combined experience.
The company, Blue Bull,
LLC, turns sour crude into sweet crude by removing Hydrogen Sulfide (H2S) from
the oil. Hydrogen Sulfide is the second-most-deadly,
naturally occurring gas. It kills by
paralyzing the nervous system area that controls the involuntary function of
breathing. The result is lack of oxygen to the brain, followed by death in
minutes. Stricter regulation of H2S
makes it more difficult to blend large volumes of H2S oil with crude, leaving
H2S oil more difficult to transport by rail and pipeline, as it’s highly
corrosive.
Their first, fully operational
processing plant in Sidney, Montana has been in operation for a few months and
they are processing approximately 2000 barrels of oil a day. The company’s patent pending processing
system doesn’t just remove H2S from oil; it eliminates it completely without
residue or additional cleansing.
Prior to their system, the only
way to treat sour crude was with chemicals, which added between $4 and $15 per
barrel. With chemical cleansing, H2S is
only reduced, not eliminated; and trace chemicals remain after the process. This new process leaves no chemical residue
because chemicals aren’t used in any part of the process.
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