GTL Mobile Plant & All Related Equipment Wharton, TX

Property Location MAP

7391 US-59
Wharton, TX 77488

Property #: TAA1909A

Contact Agent

Kelly Toney, CAI
Tranzon Asset Advisors

713-816-1123 ktoney@tranzon.com
Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Southern District of Texas. Infra Technology LLC’s modular, transportable GTL (Gas-To-Liquid) M100 plant for processing natural and associated gas into synthetic crude oil. The GTL Plant is selling as a unit separately from the land. The land is 5.2604 +/- AC’s on U.S. Highway 59. Approx. 1.3 +/- AC’s of stabilized yard. The Property has all available utilities on site.   
  • Modular, transportable GTL (Gas-To-Liquid) M100 plant for processing natural and associated gas into synthetic crude oil
  • The GTL Plant converts the natural gas feed to synthetic crude oil passing through several technological blocks.
  • The GTL Plant is utilizing state of the art technology to fully integrate energy and material balance. The base configuration of the GTL plant incorporates a fuel (synthetic oil) enhancement block to meet market requirements.
  • The feed gas supplied to the GTL Plant during normal operation is defined to be 1 MMSCFD, considering plant annual operation cycle of 8000 hr/year. The gas will be supplied at a pressure of 27 bar. The Steam-Methane-Reformer (SMR) uses steam and methane to produce synthesis gas. The heat from the furnace is recovered in the Waste Heat Boiler.  The synthesis gas is then cooled and sent to the Amine Section.  In the amine section the carbon dioxide is removed from the synthesis gas.  The synthesis gas is then sent to the membrane section.  Here the desired hydrogen to carbon monoxide ratio is achieved.  The non-permeate stream of the membrane is then sent to the Fischer-Tropsch section.  Here the gas reacts to produce synthetic crude.  The crude is then cooled and separated into unreacted gas, water, and product.  The product is then sent to the product storage tank.   Refer to figure 1 the block diagram for the GTL process. 
  • The produced synthetic fuel is fully compatible with existing global liquid fuel and oil industrial process technologies. The INFRA synthetic fuel assay confirms a high quality liquid mono-product - light synthetic oil:
    • More than 95% of liquid light fractions,
    • No sulfur and aromatics,
    • Large fraction of iso-paraffins and olefins,
    • High cetane number for diesel fuel,
    • Large (up to 45%) fraction of jet fuel fraction
  • The GTL Plant utilizes a proprietary catalyst, which is the intellectual property of Infra Technology LLC’s Parent Company and is critical to the system design and operation. NOTE: The Parent Company is going to offer a license to use the proprietary catalyst at no cost to the purchaser who is interested in continuing the operation of the plant.
  • Location is the East side of US Highway 59 (just South of the intersection of Hwy 59 & Business 59), Wharton County, TX
United States Bankruptcy Court, Southern District of Texas, Houston Division, Case No. 19-31444  
  • NOTE: THE BOILER WHICH IS CRITICAL TO THE OPERATION OF THE GTL PLANT IS LEASED EQUIPMENT AND WILL NOT BE CONVEYED IN THE SALE OF THE GTL PLANT. PLEASE DOWNLOAD THE NOTICE REGARDING BOILER AND LEASE AGREEMENT TO SEE THE OPTIONS AVAILABLE TO THE WINNING BIDDER.
 
  • UPDATE APRIL 29TH: THE BUYER OF THE GTL PLANT WILL HAVE 60 DAYS, STARTING FROM THE DATE OF CLOSING BY THE PURCHASER OF THE REAL PROPERTY, IN WHICH TO REMOVE THE GTL PLANT FROM THE PROPERTY, OR, TO NEGOTIATE TERMS FOR A LONGER TIME PERIOD WITH SAID PURCHASER OF THE REAL ESTATE. 
 

Tranzon Asset Advisors of Texas LLC #9008058, Kelly D. Toney, TX Auctioneer #11818

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Kelly Toney, CAI

Kelly Toney, CAI: Tranzon Asset Advisors

713-816-1123 ktoney@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyers Premium: 10% Buyers Premium will be added to the high bid.
  • Closing: Closing will occur on or before 5PM on the fifth (5th) day after the Bankruptcy Court Order approving the sale becomes final and non-appealable, or as determined by the Bankruptcy Trustee and according to the Purchase and Sale Agreement or as determined by the Bankruptcy Trustee and according to the Sales Agreement & Bill of Sale
  • Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
  • Broker Co-op: N/A
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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