Steven Byle
- Title
- CTO @
- Company
- Green Flame Energy
Steven Byle is a seasoned executive and serial entrepreneur who has created, owned and/or operated companies with a combined value exceeding US$2B. He has been a founder and/or executive at a number of start-ups and mid-sized companies, both public and private, that have achieved revenues as high as $500M with over 1500 employees. Steven has broad experience across the energy, technology and industrial construction sectors, and is specialized in applying emerging technologies and innovative business models towards making energy businesses green. He has recently overseen the development of water, waste and emission free oil sands, conversion of heavy sweet oil to biodiesel, and carbon sequestration associated with oil & gas production
Past Speaking Events
- HIGH OIL PRICES, INTERNATIONAL PRIMARY OIL & GAS PRODUCER AND WINTER COMINGhosted by Green Flame EnergyAugust 9, 202211:00 AM - 12:00 PMWebcast
About Green Flame Energy
STRATEGIC LOCATION The 110 wells drilled on the 744-acre Parrylands Block in Trinidad & Tobago is connected to the pipeline sales point on location and is 5 miles from the Atlantic LNG Plant with 7 MMSCFPD of pure CO 2 available for EOR and sequestration.
PRODUCING ASSET $20MM+ invested to date inclusive of all required infrastructure with 110 wells drilled and over 440,000 Bbls of production to date on cold production. Adjacent to Texaco’s 50+% recovery thermal EOR pilot project.
CARBON NEUTRAL PRODUCTION Our technology injects all emissions into the reservoir effectively sequestering the carbon and increasing oil production at the same time. When the CO 2 pipeline is in operation, then the project will likely become Carbon Negative.
RESERVES Gaffney Cline Reserve Report estimated 81MMBO Original Oil in Place (“OOIP”) within the lease boundary (less than 500,000 bbls produced to date). Our latest carbon neutral technologies recover above 80% OOIP.
STABILITY 3rd richest country by GDP per capita in the Americas after U.S. and Canada. 40% of GDP is Oil & Gas.
PERMITTING STATUS Fully permitted for immediate implementation of the EOR project.