Bitumen monetization using a novel processing sequence

Abstract

This invention monetizes bitumen reserves utilizing proven refining processes to ultimately produce, primarily, high quality refined oil products. At the same time, a unique operating sequence and mode of operation produces precursors, the primary building blocks, for the petrochemical, fertilizer and energy co-products markets. Essentially, in producing refined oil products, the feedstock requirements of associated industries are satisfied in such a manner that the integration of these entities produces a higher rate of return for the combined entity than the sum of each of the individual entities. Furthermore, the process is tailored with broad functionality as to be able to “dial for profit” dependent upon the agreed upon business for the integrated facility specific to a certain geographical area. A further and important inclusion is the use of processes to attain zero emissions of environmental deleterious substances i.e. a profitable use for all co-products during processing.

I claim:  
     
         1 . A method to produce simultaneously refined oil, petrochemicals, and energy co-products from Bitumen.  
     
     
         2 . A method for a zero emissions Bitumen process.  
     
     
         3 . A method for monetizing bitumen reserves by maximizing dollars from the process involving cracking margin, co-product optimization and co-operative business venture.  
     
     
         4 . A business venture to maximize value for the geographic location of the Bitumen reserves.