Energy
Savings Analysis for an
Oil Company in Cody Wyoming
Pumping
oil requires constant pumping of water down into a well to displace oil
as it is pumped up. This is a critical element of an oil fields operation.
What follows is an analysis of energy consumption for 30 days before and
30 days after installation of a STEMS LLC energy management system for
their water wells on fields 28-1 & 28. This analysis is based on power
bills from Mountain Parks Electric Inc.
| Cost
for 30 days |
Pre-STEMS |
Post-STEMS |
Delta |
| KWH |
691.5 |
575.6 |
115.90 |
| Average
cost per day |
$43.86 |
$40.47 |
$3.39 |
| Average
savings per day: |
|
|
$
3.39
X 365 |
| Average
savings per year: |
|
|
$1,237.35 |
The
customer pays $.02 per KWH for usage over 400 KWH on these two wells.
|