Proteum Energy™, LLC is headquartered in Chandler, Arizona, and operates a 10-acre test facility in Bryan, Texas. There is an active, dedicated, and experienced 11-member board of directors, with a staff of 15 people in key engineering and management positions. The initial market for Proteum Energy™’s products and services are located near the more than 400 midstream gas processing plants in the U.S. In addition, we have identified promising strategic international opportunities for hydrogen production from NGLs and residue gas at midstream operations.
On July 31, 2020, the company’s predecessor entity successfully exited bankruptcy as Proteum Energy™, LLC under new ownership with a new board of directors and a new management team. The company had already invested over $50MM in its proprietary HDF System technology over five years of product development and testing. In 2019 the predecessor company experienced significant losses and misdirected business strategies, which lead to the replacement of ownership and management. New management has reassessed the available technology, market, and identified opportunities to deploy Proteum Energy™’s enhanced and upscaled HDF technology under an aggressive new business strategy focused on hydrogen and Designer Fuels produced at midstream NGL gas processing plants.
Proteum Energy™ is blessed to have an operating team composed of top engineering talent, supported by a dynamic board of directors with industry experience and a proven record of execution and performance. In our view, there are none better in the industry.
Third-Party Validation & Testing
Designer Fuel and performance criteria for the fuel our technology produces will also be regularly third-party validated through Gibbs Minimization design models provided by Bryan Research and Engineering, a recognized leader in midstream oil and gas processing engineering and performance modeling. We have engaged DNV GL to provide third party engineering and certification of our technology. DNV GL is the global leader in third-party validation testing and compliance in the oil and gas industry and we look forward to receiving DNV GL Technical Certification. We have also commissioned Air Hygiene, a leading third-party accredited environmental testing laboratory, to test and validate our Designer Fuel emissions benefits.
Engineering & Patents
We have engaged the services of Joule Processing, a globally recognized midstream processing equipment design and engineering company. Joule is now fully engaged in the development of our production HDF unit. We are very proud to participate with Joule Processing, and we anticipate a prototype HDF unit by September of 2021. We have also engaged Jasper Ventures for HDF pre and post gas conditioning and integration systems and Bryan Research and Engineering for gas processing simulation software development. We are fortunate to have these fine companies as our project partners and we believe these are among the best midstream gas processing engineering firms in the U.S.