Draft:Del Mar Energy
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| Company type | Industry |
|---|---|
| Founded | 2002 |
| Founder | Michael Latham |
| Headquarters | 4406 SAGE LN MELISSA, TX 75454 |
Key people | Michael Latem, Nick Kaufman, Stefan Russo, Thomas Lieberman |
| Products | Installation of production equipment, Development of mineral deposits |
| Owner | Michael Latham |
Number of employees | 3000 |
| Website | https://delmar.biz/ http://www.delmar.energy/ |
Del Mar Energy is an American industrial holding company of international scope, which develops industrial sectors and provides it's investors with advanced investment and financial technologies, as well as online business marketing.
History
· 2002: The holding was founded in Texas by Michael Latham. The opening of the first oil rigs in Archer County at a cost of $400 million. [1] [2]
· 2003: The holding has 600 investors. Opening of an additional 10 rigs. Installation of the first filters in production. Beginning of gas extraction projects. Completion of the first development contracts.
· 2004: Opening of the first oil rigs in the Jack field and purchase of land for resale to other companies. Launch of 5 gas extraction sites with a daily extraction level of 25,000 cubic feet. [3]
· 2005: Purchase of several areas in the Jack field for extraction. Daily oil production reaches 50,000 barrels per day. Daily gas production reaches 100,000 cubic feet. Design and construction of the first thermal power plant. The first Del Mar Energy tender exceeds $100 million. The holding daily produces 100,000 barrels of oil and 400,000 cubic feet of gas. Creation of the Del Mar Energy wind farm in Oklahoma, consisting of 14 Vestas wind turbines, each with a capacity of 8 MW. Purchase of land in Texas and the UAE for building solar platforms. Completion of the Gordon Butte Pumped Storage Project. Opening of the Brewer 1A-3A oil rigs network. Opening of the MCCOY-A-1A-3A gas extraction facilities. Completion of the Pavagada Solar Park.
· 2020: The holding has 8,000 investors. Del Mar Energy held numerous events in the USA dedicated to building investment teams. Opening of the first private offices in Europe. Establishment of the STIMPSON C.H. -B- LEASE gas extraction complex. Construction of the Cauchari Solar Plant.
· 2021: Opening of the first 20 rigs in Europe. Opening of 4 wind platforms in Asia. The holding won a tender for the construction of a highway in France. Construction of a new type of power plants that save up to 40% of primary heat. Development of a new coating for solar panels. Equipping extraction sites with new digital technologies. Delivery of Guntert & Zimmerman asphalt pavers. Creation of new construction equipment for coal mining. Construction of the Baihetan Dam hydropower plant. Construction of an oil refining complex in the Heilongjiang steppe area.
· 2022: Opening of 20 wind platforms in America, 10 of which are located near California, and 6 in Greece. Development of 2 new research centers. Modernization of the equipment of the McGinnes Hills geothermal complex. Completion of solar panel deliveries for the Oklahoma solar power plant. Completion of the McGinness Hills geothermal complex. [4]
· 2023: Receipt of a commendation from the U.S. government and Texas Senator for boosting the economy. Opening of its own production of solar panels for wholesale and retail sales. Construction of a waste processing plant in Ethiopia, 80 kilometers from Asbe-Tafiri. Oil export to Turkey. Creation of digital systems that allow tracking the subsurface position of oil. Opening of new deposits in Mexico. The company enters the markets of Indonesia, Malaysia, and Singapore. Launch of the investor toolkit panel. Holding the Del Mar Energy Forum in Indonesia. Construction of a hydropower plant on the Hoover Dam. Development of the Tavan Tolgoi coal deposit. Development of a deposit in Gregg County. Opening of the Ras-Gharib oil field in Egypt. Opening of the Biedron hydropower plant in Switzerland. [5]
· 2024: Launch of the production of improved solar panels with proprietary technology and efficiency over 20%. Oil export to Turkey via the northern Atlantic Ocean and the Strait of Gibraltar. [6]
Owners and management
·Michael Latem: Founded Del Mar Energy in 2002. The company started with a few oil wells, but now Del Mar Energy is a leader in oil production, holding numerous government tenders and being one of the largest oil exporters to Europe. Michael Latem's current net worth is $610 million.
·Nick Kaufman: Nick Kaufman has been the Vice President of Del Mar Energy since 2017, contributing significantly to the company. He graduated from Massachusetts University and initially pursued a career in law, where he met Michael Latem in 2013. Their paths crossed again in 2018 when Nick Kaufman became an official partner of the company.
·Stefan Russo: Stefan Russo's journey with Del Mar Energy began in 2016 during an internship, where he introduced an enhanced referral system, allowing investors to earn alongside the company, regardless of their capital. Stefan Russo reduced customer acquisition costs by over 50%.
·Thomas Lieberman: The Director of Public Relations at Del Mar Energy, born in 1984 in Nevada, graduated from a local university. After moving to New York in 2006, Thomas Lieberman worked in marketing and PR with renowned brands such as P&G, Gillette, and General Motors. Thomas Lieberman started collaborating with Del Mar Energy in 2011, tasked by Michael Latem to develop unique PR solutions and build a strong reputation. He introduced a modern brand and business relations model, along with a new brand promotion system.
Operations
| # | name | Country | Year of foundation | Production | Direction | Project Cost | Partners | Status |
|---|---|---|---|---|---|---|---|---|
| 1 | AIRHART 1-2 oil production complex | USA | 2017 | 44 thousand barrels daily | Gas and Oil Production | 74,000,000 USD | U.S. Government | Completed |
| 2 | BAGGETT 1-8D | USA | 2008 | 66,000 barrels per day | Oil and gas production | $37,000,000 | Triumph International LLC | Completed |
| 3 | Bailey 1-3 | USA | 2011 | 37,000 barrels per day | Oil and gas production | $27,000,000 | U.S. Government | Completed |
| 4 | BREWER 1A-3A | USA | 2019 | 21,000 barrels of oil per day | Oil and gas production | $27,000,000 | Suncor Energy | Completed |
| 5 | Del Mar GSH A1-C3 | USA | 2013 | 19,000 barrels per day | Oil and gas production | $11,000,000 | U.S. Government | Completed |
| 6 | ELENBURG 1-8 | USA | 2012 | 32,000 barrels per day | Oil and gas production | $43,000,000 | U.S. Government | Completed |
| 7 | GALATIAN 1-4 | USA | 2017 | 54,000 cubic feet of gas | Oil and gas production | $29,000,000 | U.S. Government | Completed |
| 8 | MCCOY-A-1A-3A | USA | 2019 | 63,000 cubic feet of gas | Oil and gas production | $37,000,000 | Completed | |
| 9 | STIMPSON C.H. -B- LEASE | USA | 2020 | 47,000 cubic feet of gas | Oil and gas production | $29,500,000 | Completed | |
| 10 | Pavagada Solar Park, Additional Construction of 300 MW | India | 2019 | 2200 MW | Green Energy | 170,000,000 USD | Government of India, Karnataka Renewable Energy Development Ltd | Completed |
| 11 | Guru Gobind Singh Refinery, Installation of 750 km Pipeline | India | 2012 | 11.3 million barrels (225,000 m³) of oil per day | Oil and Gas | 74,000,000 USD | HPCL-Mittal Energy Limited (HMEL), Mittal Energy Investment Pte Ltd, Singapore | Completed |
| 12 | Guru Gobind Singh Refinery, Installation of 750 km Pipeline | India | 2015 | Green Energy | 18,000,000 USD | Government of India | Completed | |
| 13 | El Romero Solar Park | Chile | 2017 | Green Energy | 343,000,000 USD | Acciona (Spain) | Completed | |
| 14 | Grande Prairie Wind Farm | USA | 2016 | Green Energy | 590,000,000 USD | BHE Renewables (USA) | Completed | |
| 15 | Gordon Butte Pumped Storage Project | USA | 2019 | Green Energy | 986,000,000 USD | Absaroka Energy (USA) | Completed | |
| 16 | Benban Solar Park | Mexico | 2018 | Green Energy | 200,000,000 USD | Acciona Energia (Spain), TutoEnergy (Mexico) | Completed | |
| 17 | Cauchari Solar Plant | Argentina | 2020 | Green Energy | 390,000,000 USD | Jujuy Energía y Minería Sociedad del Estado (Argentina) | ||
| 18 | Baihetan Hydropower Station | China | 2021 | Green Energy | 26,000,000,000 USD | China Yangtze Power (China) | ||
| 19 | Baihetan Hydropower Station | China | 2014 | Green Energy | 1,200,000,000 USD | Yalong River Hydropower Development Company, Ltd. | Completed | |
| 20 | Hoover Dam Hydroelectric Power Station | USA | 2023 | Green Energy | 14,000,000 USD | Bureau of Reclamation | ||
| 21 | Tavan Tolgoi Coal Mine Development | Mongolia | 2023 | Coal Industry | 300,000,000 USD | Erdenes Tavan Tolgoi JSC (Mongolia) | ||
| 22 | Oil Refinery Complex in Heilongjiang Steppe | China | 2021 | Oil and Gas | 26,000,000 USD | Zhejiang Petroleum and Chemical Co. Ltd (ZPC) (China) | ||
| 23 | Mato Grosso - Cuiabá Railway | Brazil | 2018 | Road Construction | 44,000,000 USD / 28,000,000 USD | Ministry of Infrastructure of Brazil | ||
| 24 | Waste Processing Plant | Brazil | 2024 | Energy | 8,000,000 USD | Brazil Ecolaw (Brazil) | ||
| 25 | Geothermal Energy Plant | Brazil | 2024 | Green Energy | 45,000,000 USD | Government of Brazil | ||
| 26 | Modernization of McGinness Hills Geothermal Complex Equipment | USA | 2022 | Green Energy | 7,000,000 USD | Ormat (USA) | ||
| 27 | East Texas Oil Field Development | USA | 2023 | Oil and Gas Extraction | 129,000,000 USD | East Texoil (USA) | ||
| 28 | Waste Processing Plant | Ethiopia | 2023 | Energy | 360,000,000 USD | Government of Ethiopia | ||
| 29 | Modernization of Oil Extraction Equipment | Egypt | 2023 | Oil and Gas Extraction | 16,800,000 USD | Egyptian General Petroleum Corporation (Egypt) | ||
| 30 | Modernization of Bieudron Hydropower Plant Equipment | Switzerland | 2023 | Green Energy | 32,000,000 USD | Grande Dixence SA (Switzerland) |
Additional operations
Oklahoma Solar Power Plant
The Oklahoma Solar Power Plant is one of the first renewable energy projects involving private capital, paving the way for a portfolio of projects in the renewable energy sector.
The implementation of the project has contributed to mitigating the effects of climate change by adding solar energy capacity to the national energy system, generating 131 MW of direct current. It supports the country's transition to a low-carbon development path, reducing its reliance on thermal sources of electricity. The $100 million project, financed through a public-private partnership, is entirely funded by foreign investors. According to the contract, Del Mar Energy supplied over 310,000 self-produced solar panels for the station. These panels are dual-sided with bidirectional light sensitivity, ensuring equal productivity from both sides. Each panel generates an average of 400-450 watts of electricity. The accumulated solar energy is sent to the main substation. The direct current electricity is stored in batteries, and at the output, the inverter converts it into alternating current, which is then supplied to the grid. The station's launch has saved 78 million cubic meters of natural gas per year and prevented the emission of 100,000 tons of harmful emissions into the atmosphere. This amount of saved gas would supply all households in the country for 10 days. Del Mar Energy attracted $10,000,000 for the project.
Nevada Hydro Power Plant
The Nevada Hydro Power Plant is a medium-head run-of-river hydroelectric power plant (the power plant building is part of the headworks). The installed capacity of the power plant is 240 MW, with a design annual electricity generation of 900 million kWh. The hydro complex includes: 1. A right-bank earthen-rockfill dam with a length of 250 m and a height of 37 m. The impermeability of the dam is ensured by cementation of the central zone. 2. A power plant building combined with tailrace sluices. The tailrace sluices with a maximum discharge capacity of 3090 m3/s are located under the assembly platform.
Three vertical hydro units with a capacity of 80 MW each are installed in the power plant building, equipped with Kaplan turbines PL 40/587a-V-680, operating at a design head of 26 m. The turbines drive hydrogenerators SV-1210/122-60 UHL4. The electricity from the generators at 13.8 kV is fed to three-phase power transformers TDC-125000/110 UHL1 and TDC-200000/220 UHL1, and from there through open switchgear (OS) at 110 and 220 kV to the power grid. The head structures of the hydroelectric power plant form a small reservoir with an area of 2.4 km3; its total and useful capacity is 40.87 and 5.47 million m3, respectively, allowing for weekly flow regulation. The normal reservoir water level is 572 m, and the dead volume level is 569.9 m. The equipment modernization allows increasing the potential capacity of the hydroelectric power plant to 275 MW, which will increase generation to 1.2 billion kWh. Del Mar Energy carried out work to upgrade the hydro turbines and pump mechanisms, using the most advanced solutions and cutting-edge technologies. Del Mar Energy attracted $7,500,000 for the project.
Iowa Hydro Power Plant-2
The Iowa Hydro Power Plant is a dam-type hydroelectric power plant with a powerhouse. The installed capacity of the power plant is 220 MW, with a projected annual electricity generation of 932 million kWh.
The hydro complex includes an earth-rockfill dam with a clay core, 34 meters high, a spillway dam, and the power plant building, housing two vertical hydro units with a capacity of 110 MW each, operating at a design head of 22.5 meters. The head structures of the hydroelectric power plant form a reservoir with a total capacity of 66.5 million m3 and a useful capacity of 5 million m3. The initial project for the Iowa Hydro Power Plant was developed in the 1980s and involved the construction of a station with a concrete dam 39 meters high. The station project was significantly revised by the designers, notably replacing the concrete dam with an earth-filled one. Construction of the Iowa Hydro Power Plant officially began on February 20, 2006. $180 million was allocated for the construction of the station. Del Mar Energy, according to the contract, was the main contractor in the construction of the hydroelectric power plant, completing 90% of the work. Del Mar Energy employed 740 people and its own construction equipment for the construction of the Iowa Hydro Power Plant.
Directions of the company
· Installation of production equipment
· Field development
· Refining and sale of petroleum products
· Routine, medium and major road repairs
· Bridge and railroad construction
· Pipelines and sewers
· Power Plant Design and Construction
· Installation of thermal power plants
· Recycling of secondary raw materials
· Sale and installation of solar modules
· Creation of wind turbines and their blades
· Development and utilization of geothermal sources
· Development of mineral deposits
· Production and sale of coking coal
· Production of carbon and special steel products
External links
References
- ^ "Del Mar Energy: Pioneering Green Energy Technologies, Financial Savvy, and Long-Term Perspectives - USTimesPost". February 15, 2024.
- ^ "Del Mar Energy: Charting New Frontiers in Energy Sustainability". hightechbuzz.net.
- ^ "Path to the Future: Del Mar Energy's Evolution in the American Oil Industry". May 1, 2024.
- ^ "American Industrial Holding Del Mar Energy in Coal Industry | Blog". Objective Quiz.
- ^ "Del Mar Energy: Leading the Way in Sustainable Development in the Heart of Texas". May 17, 2024.
- ^ "Del Mar Enerji Sanayi Holding Türkiye ve ABD arasındaki endüstriyel ilişkileri güçlendiriyor". https://www.hedefhalk.com.
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