Property Listing No Longer Available for Sale

7391 US-59, Wharton, TX

Land for Sale - 5.26 acres


Property Info

CIMLS #1043980
Location7391 US-59
Wharton TX 77488
Last UpdatedApril 12th, 2019
TypeLand
PriceUndisclosed
Land5.26 acres
DemographicsView data

Property Description

Court Ordered Bankruptcy Auction | Selling Land and Equipment Separately

TAA1909A (Plant & Equipment)

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. The Plant will Sell to the Highest Bidder!

DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!

• 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:

o More than 95% of liquid light fractions,

o No sulfur and aromatics,

o Large fraction of iso-paraffins and olefins,

o High cetane number for diesel fuel,

o 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

TAA1909B (Real Estate)

Bankruptcy Auction! Ordered by the U.S. Bankruptcy Court, Southern District of Texas. 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. The property is the site for 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 will Sell to the Highest Bidder!

DON’T MISS THIS OPPORTUNITY TO BUY UNDER MARKET VALUE!!!

• Approx. 5.2604 AC’s or 229,143.02 SF of land

• Location is the East side of US Highway 59 (just South of the intersection of Hwy 59 & Business 59), Wharton County, TX

• Zoning: None

• Topography: Grade level

• Utilities:

o Electricity: 3-Phase Power

o Water/Sewer: City

o Gas: Centerpoint

• Flood Hazard: Zone X500 & A according to FEMA #484810355

• Fencing: Hurricane Fence with Barb Wire/Electronic Entry Gate

• Parking: Approx. 60,000 +\- SF of Crushed Rock Stabilized Yard

• 56 Miles Southwest of Houston CBD

• Market Area: Wharton is the County Seat and is located on the Colorado River just East of U.S. Highway 59.

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

United States Bankruptcy Court, Southern District of Texas, Houston Division, Case No. 19-31444

10% Buyer's Premium and other terms apply.

Online bidding ends at 3:00 pm CT TAA1909A (Plant & Equipment) & 4:00 pm CT for TAA1906B (Real Estate)

For more information, please contact Kelly Toney at 888-791-7307 ext. 88 or ktoney@tranzon.com

Property Address - 7391 US-59, Wharton, Texas 77488



Similar Listings