Elmira, NY (PRWEB) January 27, 2006
Jaker Joules SG provides indication of the potential return for a power generation platform at an under-producing gas well to recover well-drilling costs. This software tool delineates pertinent energy input variables, provides default values to start and limits adjustment to a typical range. Variables such as heat content, system size and unit cost can be individually changed. Response is instantaneous.
The Jaker Joules SG display has dials, arrows and sliders which allow a user to easily adjust project variables. Text and gauge outputs show gross and net revenue as well as construction costs and project payback. This analytical tool also converts revenue from market power sales to the associated wellhead gas price. View demo at http://www.jakerengineering.com/jjsgtrial.htm
Power generation systems, based on a business model by Jaker Engineering, PC, can be installed to generate power for sale on the grid or to other end-users. "This analytical tool is a key indicator for successful development of an under-producing gas well with power generation" states Jaker Companies founder Jack (John P.) Perkins, PE. Projects in the 1 to 3 Megawatt size range can often show a simple payback of 3 to 4 years.
While these return numbers may not excite investors in speculative drilling, they have merit for third-party investors who are willing to glean the gas fields for energy-based investments. Investment in stranded gas power generation can be more secure because electrical energy is completely convertible. Also, with Jaker’s approach; upwards of 70% of capital investment is recoverable in the event that gas well flow abruptly stops.
To analogize stranded gas power generation to other Wall Street investments, this is the equivalent of a stock mutual fund. Each site has distinct opportunities when considering the yield, proximity to customers and the installation, operation and maintenance costs. A portfolio with several generation sites should diminish investor risk. Other Jaker Joules analytical energy products are coming soon. Visit http://www.jakerengineering.com.
ABOUT JAKER ENGINEERING, PC
Jaker Engineering, PC, a New York Professional Corporation, focuses on development of analytical energy products and services for privatized projects. Jaker Engineering, PC, in conjunction with Jaker Industries, Inc., provides professional services to identify, qualify and develop energy projects. Jaker Industries, Inc. has contracted with one of the largest energy companies in the world to identify privatized energy projects.
Mr. Daniel W. Dieterle
Jaker Engineering, PC
Telephone: 877-915-2537 (877-91-JAKER)
Web Site: http://www.jakerengineering.com/
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