DOCUMENT: 5549-M-RP-00001

7125 West Jefferson Ave., Ste. 400 JOB NO.: 49235549

Lakewood, CO 80235 700 Universe Blvd. PROJECT: Flickertail Process Facilities
Juno Beach, FL 33408
REV. NO.: A
REV. DATE: 6/10/2014

H2S Treatment Options Present Worth Study -

Flickertail Compressor Station #1

Rev Date Revision Description By Checked Approved

A 6/10/2014 Issued for Information SDW
GN GN

1 of 3
 NextEra Process Facilities H2S Treatment Options @ 4% Interest Rate per Year
Design Pressure [psig] 210 Amine Solutions
Design Temperature [F] 120 MEA MDEA
Loss of Amine Solution [lb/MMSCF] 0.053 0.54 0.053 Loss [lb/MMSCFD]
Amine Media Cost [$/lb] $ 8.80 $ 4.00 $ 8.80 Cost [$/lb]
Sulfatreat Media Cost [$/lb] $ 1.10
Interest Rate per Year 4.0%
Operating Year 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
Assumed Site Capacity [MMSCFD] 5.5 13.2 16.4 17.7 18.7 19.8 20.8 22 23 23.9 21.1 18 15.9 14.3 13 11.9 10.9 10.1 9.2 8.5
Amine @ 86% Capacity 5.5 13.2 16.4 17.7 18.7 19.8 20.8 21.5 21.5 21.5 21.1 18 15.9 14.3 13 11.9 10.9 10.1 9.2 8.5
Amine Capital Cost $ 2,500,000.00
Amine Startup Cost $ 250,000.00
Amine O&M Cost $ 936.30 $ 2,247.12 $ 2,791.87 $ 3,013.18 $ 3,183.41 $ 3,370.67 $ 3,540.91 $ 3,660.07 $ 3,660.07 $ 3,660.07 $ 3,591.98 $ 3,064.25 $ 2,706.75 $ 2,434.37 $ 2,213.07 $ 2,025.81 $ 1,855.57 $ 1,719.38 $ 1,566.17 $ 1,447.01
Option 1

Amine Fuel Consumption Cost $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00
Total Cost $ 2,948,036.30 $ 199,347.12 $ 199,891.87 $ 200,113.18 $ 200,283.41 $ 200,470.67 $ 200,640.91 $ 200,760.07 $ 200,760.07 $ 200,760.07 $ 200,691.98 $ 200,164.25 $ 199,806.75 $ 199,534.37 $ 199,313.07 $ 199,125.81 $ 198,955.57 $ 198,819.38 $ 198,666.17 $ 198,547.01
Present Worth $ 2,948,036.30 $ 191,679.92 $ 184,811.27 $ 177,899.89 $ 171,203.10 $ 164,772.28 $ 158,569.42 $ 152,561.16 $ 146,693.42 $ 141,051.37 $ 135,580.31 $ 130,022.88 $ 124,798.71 $ 119,835.17 $ 115,098.33 $ 110,567.49 $ 106,224.01 $ 102,068.55 $ 98,067.21 $ 94,238.83
Accumulated Present Worth $ 2,948,036.30 $ 3,139,716.22 $ 3,324,527.49 $ 3,502,427.37 $ 3,673,630.47 $ 3,838,402.75 $ 3,996,972.18 $ 4,149,533.34 $ 4,296,226.75 $ 4,437,278.12 $ 4,572,858.43 $ 4,702,881.31 $ 4,827,680.02 $ 4,947,515.19 $ 5,062,613.52 $ 5,173,181.02 $ 5,279,405.02 $ 5,381,473.57 $ 5,479,540.78 $ 5,573,779.62
Present Worth Life Cost $ 5,573,779.62
Sulfatreat @ 100% Capacity 5.5 13.2 16.4 17.7 18.7 19.8 20.8 22 23 23.9 21.1 18 15.9 14.3 13 11.9 10.9 10.1 9.2 8.5
Sulfatreat Capital Cost $ 1,500,000.00
Sulfatreat Startup Cost $ 629,000.00
Option 2

Sulfatreat O&M Cost $ 320,691.77 $ 769,660.25 $ 956,244.56 $ 1,032,044.43 $ 1,090,352.03 $ 1,154,490.38 $ 1,212,797.97 $ 1,282,767.09 $ 1,341,074.68 $ 1,393,551.52 $ 1,230,290.25 $ 1,049,536.71 $ 927,090.76 $ 833,798.61 $ 757,998.73 $ 693,860.38 $ 635,552.78 $ 588,906.71 $ 536,429.87 $ 495,614.56
Total Yearly Cost $ 2,449,691.77 $ 769,660.25 $ 956,244.56 $ 1,032,044.43 $ 1,090,352.03 $ 1,154,490.38 $ 1,212,797.97 $ 1,282,767.09 $ 1,341,074.68 $ 1,393,551.52 $ 1,230,290.25 $ 1,049,536.71 $ 927,090.76 $ 833,798.61 $ 757,998.73 $ 693,860.38 $ 635,552.78 $ 588,906.71 $ 536,429.87 $ 495,614.56
Present Worth $ 2,449,691.77 $ 740,057.94 $ 884,101.85 $ 917,483.74 $ 932,037.48 $ 948,906.94 $ 958,491.86 $ 974,797.56 $ 979,910.14 $ 979,090.81 $ 831,140.01 $ 681,759.03 $ 579,058.15 $ 500,757.84 $ 437,725.38 $ 385,276.04 $ 339,326.83 $ 302,328.95 $ 264,796.87 $ 235,239.69
Accumulated Present Worth $ 2,449,691.77 $ 3,189,749.71 $ 4,073,851.55 $ 4,991,335.29 $ 5,923,372.78 $ 6,872,279.71 $ 7,830,771.57 $ 8,805,569.13 $ 9,785,479.27 $ 10,764,570.08 $ 11,595,710.09 $ 12,277,469.12 $ 12,856,527.28 $ 13,357,285.11 $ 13,795,010.50 $ 14,180,286.53 $ 14,519,613.36 $ 14,821,942.31 $ 15,086,739.18 $ 15,321,978.88
Present Worth Life Cost $ 15,321,978.88
80/20 Amine/Sulfatreat @ 100% Capacity 5.5 13.2 16.4 17.7 18.7 19.8 20.8 22 23 23.9 21.1 18 15.9 14.3 13 11.9 10.9 10.1 9.2 8.5
Amine Capital Cost $ 2,500,000.00
Amine Startup Cost $ 250,000.00
Amine Fuel Consumption Cost $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00
Amine O&M Cost $ 936.30 $ 2,247.12 $ 2,791.87 $ 3,013.18 $ 3,183.41 $ 3,370.67 $ 3,404.72 $ 3,404.72 $ 3,404.72 $ 3,404.72 $ 3,404.72 $ 3,064.25 $ 2,706.75 $ 2,434.37 $ 2,213.07 $ 2,025.81 $ 1,855.57 $ 1,719.38 $ 1,566.17 $ 1,447.01
Option 3

Sulfatreat Capital Cost $ 750,000.00

Sulfatreat Startup Cost $ 315,500.00
Sulfatreat O&M Cost $ - $ - $ - $ - $ - $ - $ 46,646.08 $ 116,615.19 $ 174,922.78 $ 227,399.62 $ 64,138.35 $ - $ - $ - $ - $ - $ - $ - $ - $ -
Total Yearly Cost $ 2,948,036.30 $ 199,347.12 $ 199,891.87 $ 200,113.18 $ 200,283.41 $ 200,470.67 $ 1,312,650.80 $ 317,119.91 $ 375,427.50 $ 427,904.34 $ 264,643.07 $ 200,164.25 $ 199,806.75 $ 199,534.37 $ 199,313.07 $ 199,125.81 $ 198,955.57 $ 198,819.38 $ 198,666.17 $ 198,547.01
Present Worth $ 2,948,036.30 $ 191,679.92 $ 184,811.27 $ 177,899.89 $ 171,203.10 $ 164,772.28 $ 1,037,406.99 $ 240,985.07 $ 274,321.20 $ 300,639.91 $ 178,783.38 $ 130,022.88 $ 124,798.71 $ 119,835.17 $ 115,098.33 $ 110,567.49 $ 106,224.01 $ 102,068.55 $ 98,067.21 $ 94,238.83
Accumulated Present Worth $ 2,948,036.30 $ 3,139,716.22 $ 3,324,527.49 $ 3,502,427.37 $ 3,673,630.47 $ 3,838,402.75 $ 4,875,809.75 $ 5,116,794.81 $ 5,391,116.01 $ 5,691,755.93 $ 5,870,539.31 $ 6,000,562.19 $ 6,125,360.89 $ 6,245,196.07 $ 6,360,294.40 $ 6,470,861.89 $ 6,577,085.90 $ 6,679,154.45 $ 6,777,221.66 $ 6,871,460.49
Present Worth Life Cost $ 6,871,460.49

Present Worth Life Cost Notes

Amine @ 86% Capacity $ 5,573,779.62 *Amine maximum capacity is rated at 21.5 MMSCFD based off of emission requirements for SO2. Breakeven compared to Sulfatreat is ~ 2 years.
Sulfatreat @ 100% Capacity $ 15,321,978.88
Amine/Sulfatreat Combo @ 100% Capacity $ 6,871,460.49 *This is a 80/20 split for Amine/Sulftreat.

NextEra Process Facilities H2S Treatment Options @ 6% Interest Rate per Year
Design Pressure [psig] 210
Design Temperature [F] 120
Loss of Amine Solution [lb/MMSCF] 0.053
Amine Media Cost [$/lb] $ 8.80
Sulfatreat Media Cost [$/lb] $ 1.10
Interest Rate per Year 6.0%
Operating Year 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19
Assumed Site Capacity [MMSCFD] 5.5 13.2 16.4 17.7 18.7 19.8 20.8 22 23 23.9 21.1 18 15.9 14.3 13 11.9 10.9 10.1 9.2 8.5
Amine @ 86% Capacity 5.5 13.2 16.4 17.7 18.7 19.8 20.8 21.5 21.5 21.5 21.1 18 15.9 14.3 13 11.9 10.9 10.1 9.2 8.5
Amine Capital Cost $ 2,500,000.00
Amine Startup Cost $ 250,000.00
Amine Fuel Consumption Cost $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00
Option 1

Amine O&M Cost $ 936.30 $ 2,247.12 $ 2,791.87 $ 3,013.18 $ 3,183.41 $ 3,370.67 $ 3,540.91 $ 3,660.07 $ 3,660.07 $ 3,660.07 $ 3,591.98 $ 3,064.25 $ 2,706.75 $ 2,434.37 $ 2,213.07 $ 2,025.81 $ 1,855.57 $ 1,719.38 $ 1,566.17 $ 1,447.01
Total Cost $ 2,948,036.30 $ 199,347.12 $ 199,891.87 $ 200,113.18 $ 200,283.41 $ 200,470.67 $ 200,640.91 $ 200,760.07 $ 200,760.07 $ 200,760.07 $ 200,691.98 $ 200,164.25 $ 199,806.75 $ 199,534.37 $ 199,313.07 $ 199,125.81 $ 198,955.57 $ 198,819.38 $ 198,666.17 $ 198,547.01
Present Worth $ 2,948,036.30 $ 188,063.32 $ 177,903.05 $ 168,018.88 $ 158,643.22 $ 149,803.35 $ 141,443.92 $ 133,516.92 $ 125,959.35 $ 118,829.58 $ 112,065.35 $ 105,444.03 $ 99,297.83 $ 93,549.50 $ 88,156.36 $ 83,088.24 $ 78,318.12 $ 73,834.44 $ 69,601.46 $ 65,622.37
Accumulated Present Worth $ 2,948,036.30 $ 3,136,099.61 $ 3,314,002.67 $ 3,482,021.55 $ 3,640,664.77 $ 3,790,468.12 $ 3,931,912.04 $ 4,065,428.96 $ 4,191,388.31 $ 4,310,217.89 $ 4,422,283.25 $ 4,527,727.28 $ 4,627,025.11 $ 4,720,574.61 $ 4,808,730.97 $ 4,891,819.22 $ 4,970,137.34 $ 5,043,971.78 $ 5,113,573.24 $ 5,179,195.61
Present Worth Life Cost $ 5,179,195.61
Sulfatreat @ 100% Capacity 5.5 13.2 16.4 17.7 18.7 19.8 20.8 22 23 23.9 21.1 18 15.9 14.3 13 11.9 10.9 10.1 9.2 8.5
Sulfatreat Capital Cost $ 1,500,000.00
Sulfatreat Startup Cost $ 629,000.00
Option 2

Sulfatreat O&M Cost $ 320,691.77 $ 769,660.25 $ 956,244.56 $ 1,032,044.43 $ 1,090,352.03 $ 1,154,490.38 $ 1,212,797.97 $ 1,282,767.09 $ 1,341,074.68 $ 1,393,551.52 $ 1,230,290.25 $ 1,049,536.71 $ 927,090.76 $ 833,798.61 $ 757,998.73 $ 693,860.38 $ 635,552.78 $ 588,906.71 $ 536,429.87 $ 495,614.56
Total Yearly Cost $ 2,449,691.77 $ 769,660.25 $ 956,244.56 $ 1,032,044.43 $ 1,090,352.03 $ 1,154,490.38 $ 1,212,797.97 $ 1,282,767.09 $ 1,341,074.68 $ 1,393,551.52 $ 1,230,290.25 $ 1,049,536.71 $ 927,090.76 $ 833,798.61 $ 757,998.73 $ 693,860.38 $ 635,552.78 $ 588,906.71 $ 536,429.87 $ 495,614.56
Present Worth $ 2,449,691.77 $ 726,094.58 $ 851,054.25 $ 866,524.40 $ 863,660.93 $ 862,702.37 $ 854,974.72 $ 853,113.38 $ 841,406.85 $ 824,841.00 $ 686,987.65 $ 552,882.85 $ 460,735.70 $ 390,917.32 $ 335,263.57 $ 289,523.69 $ 250,182.99 $ 218,699.00 $ 187,934.88 $ 163,807.06
Accumulated Present Worth $ 2,449,691.77 $ 3,175,786.35 $ 4,026,840.60 $ 4,893,365.01 $ 5,757,025.94 $ 6,619,728.31 $ 7,474,703.02 $ 8,327,816.40 $ 9,169,223.25 $ 9,994,064.25 $ 10,681,051.90 $ 11,233,934.75 $ 11,694,670.45 $ 12,085,587.78 $ 12,420,851.35 $ 12,710,375.04 $ 12,960,558.03 $ 13,179,257.03 $ 13,367,191.91 $ 13,530,998.97
Present Worth Life Cost $ 13,530,998.97
80/20 Amine/Sulfatreat @ 100% Capacity 5.5 13.2 16.4 17.7 18.7 19.8 20.8 22 23 23.9 21.1 18 15.9 14.3 13 11.9 10.9 10.1 9.2 8.5
Amine Capital Cost $ 2,500,000.00
Amine Startup Cost $ 250,000.00
Amine Fuel Consumption Cost $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00 $ 197,100.00
Amine O&M Cost $ 936.30 $ 2,247.12 $ 2,791.87 $ 3,013.18 $ 3,183.41 $ 3,370.67 $ 3,404.72 $ 3,404.72 $ 3,404.72 $ 3,404.72 $ 3,404.72 $ 3,064.25 $ 2,706.75 $ 2,434.37 $ 2,213.07 $ 2,025.81 $ 1,855.57 $ 1,719.38 $ 1,566.17 $ 1,447.01
Option 3

Sulfatreat Capital Cost $ 750,000.00

Sulfatreat Startup Cost $ 315,500.00
Sulfatreat O&M Cost $ - $ - $ - $ - $ - $ - $ 46,646.08 $ 116,615.19 $ 174,922.78 $ 227,399.62 $ 64,138.35 $ - $ - $ - $ - $ - $ - $ - $ - $ -
Total Yearly Cost $ 2,948,036.30 $ 199,347.12 $ 199,891.87 $ 200,113.18 $ 200,283.41 $ 200,470.67 $ 1,312,650.80 $ 317,119.91 $ 375,427.50 $ 427,904.34 $ 264,643.07 $ 200,164.25 $ 199,806.75 $ 199,534.37 $ 199,313.07 $ 199,125.81 $ 198,955.57 $ 198,819.38 $ 198,666.17 $ 198,547.01
Present Worth $ 2,948,036.30 $ 188,063.32 $ 177,903.05 $ 168,018.88 $ 158,643.22 $ 149,803.35 $ 925,367.01 $ 210,902.85 $ 235,547.86 $ 253,275.92 $ 147,775.31 $ 105,444.03 $ 99,297.83 $ 93,549.50 $ 88,156.36 $ 83,088.24 $ 78,318.12 $ 73,834.44 $ 69,601.46 $ 65,622.37
Accumulated Present Worth $ 2,948,036.30 $ 3,136,099.61 $ 3,314,002.67 $ 3,482,021.55 $ 3,640,664.77 $ 3,790,468.12 $ 4,715,835.14 $ 4,926,737.99 $ 5,162,285.85 $ 5,415,561.77 $ 5,563,337.08 $ 5,668,781.11 $ 5,768,078.94 $ 5,861,628.44 $ 5,949,784.81 $ 6,032,873.05 $ 6,111,191.17 $ 6,185,025.62 $ 6,254,627.08 $ 6,320,249.44
Present Worth Life Cost $ 6,320,249.44

Present Worth Life Cost Notes

Amine @ 86% Capacity $ 5,179,195.61 *Amine maximum capacity is rated at 21.5 MMSCFD based off of emission requirements for SO2. Breakeven compared to Sulfatreat is ~ 2 years.
Sulfatreat @ 100% Capacity $ 13,530,998.97
Amine/Sulfatreat Combo @ 100% Capacity $ 6,320,249.44 *This is a 80/20 split for Amine/Sulftreat.

Document: 5549-M-RP-00001 Rev No.: A

Job No.: 59235549 2 of 3
Rev Date: 6/10/2014
Project: Flickertail Process Facilities
 Accumulated Present Worth

$18,000,000.00 30
4% IR: Amine @ 86% Capacity
4% IR: Sulfatreat @ 100% Capacity
4% IR: Amine/Sulfatreat @ 100%
Capacity
$16,000,000.00 6% IR: Amine @ 86% Capacity
6% IR: Sulfatreat @ 100% Capacity
6% IR: Amine/Sulfatreat @ 100% 25
Max Capacity for Design
Capacity
$14,000,000.00 Adjusted Assumed Site Capacity for
Amine
Assumed Site Capacity
Max Capacity for Amine
$12,000,000.00 20

Assumed Site Capacity [MMSCFD]

Accumulated Present Worth

$10,000,000.00

15

$8,000,000.00

Breakeven Point Sulfatreat Startup

$6,000,000.00 10

$4,000,000.00

$2,000,000.00

$- 0
0 2 4 6 8 10 12 14 16 18 20

Year of Operation

Document: 5549-M-RP-00001 Rev No.: A

Job No.: 59235549 3 of 3 Rev Date: 6/10/2014
Project: Flickertail Process Facilities