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Comment: Blogs can't establish notability, it require in-depth coverage from multiple reliable secondary sources to establish notability. GrabUp - Talk 15:32, 23 May 2024 (UTC)
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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 repute, actively expanding across various sectors such as oil and gas extraction, road construction, energy production, renewable energy, and coal activities. The company operates under a private financing system, characterized by a daily financial payout model. Del Mar Energy exports oil to Turkey, France, and Germany, and frequently wins government tenders.
History
· Founded in 2002 as an independent oil and gas producer, Del Mar Energy was established by its founder, Michael Latham, who took on the role of company head[1].
· By 2003, Del Mar Energy had amassed 600 investors and completed its first contracts for development. That same year, the company began exploring the natural gas sector, installing filters at extraction sites.
· In 2004, Del Mar Energy inaugurated its first oil rigs at the Jack oil field and launched five gas extraction sites, reaching a daily output of 25,000 cubic feet[2].
· In 2005, the company announced the construction of its first thermal power plant.
· By 2006, the holding began laying railway tracks and developing pipelines.
· In 2007, Del Mar Energy transitioned from a closed to an open investment system and introduced a referral system for select clients as a marketing tool. That year also saw the company's initial efforts in offshore oil and gas extraction.
· In 2008, Del Mar Energy hosted events in New York, presenting new projects in New Mexico to investors and raising $600,000 for Greenpeace. The company also opened the BAGGETT 1-8D field.
· In 2009, the company commenced the construction of recycling plants[3].
· In 2011, Thomas Lieberman joined as Director of Public Relations, and the company adopted the fountain method for gas extraction[4].
· By the end of 2012, the holding had established six research centers.
· In the following year, Del Mar Energy submitted its first application for a government tender, leading to road development projects in Europe by 2014.
· In 2015, the company received its first government order to export oil to Europe and to develop oil fields there[5].
· In 2016, Del Mar Energy won its first award for reducing environmental risks associated with extraction. The company fully integrated the referral system as a marketing tool, and Stefan Russo joined the holding as an intern.
· The holding underwent reorganization in 2017, adopting a private financing model with daily payouts to clients[6].
· In 2019, Del Mar Energy secured a $100 million tender for oil exports to European countries[7].
· As of 2021, the company won a tender for highway construction in France, and its solar panels were enhanced with a new durability coating.
· In 2023, Del Mar Energy received commendation from a Texas senator for boosting the economy. The company began large-scale digital technology implementation across its operations[8].
· By 2024, Del Mar Energy launched the production of advanced solar panels using proprietary technologies. The holding also exported oil to Turkey via the Strait of Gibraltar and the northern Atlantic.
Ownership and management
·Michael Latem: Founder of Del Mar Energy in 2002. Current personal net worth: $610 million.
·Nick Kaufman: Vice President of Del Mar Energy since 2017. Graduated from the University of Massachusetts and became an official company partner in 2018.
·Stefan Russo: Joined Del Mar Energy in 2016. Introduced a multi-level referral system, reducing new client acquisition costs by 50%.
·Thomas Lieberman: Born in 1984 in Nevada and a graduate of the local university. Worked in marketing with P&G, Gillette, and General Motors before joining Del Mar Energy as Director of Public Relations in 2011.
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
- ^ https://ustimespost.com/del-mar-energy-pioneering-green-energy-technologies-financial-savvy-and-long-term-perspectives/
- ^ https://www.lyricsgoo.com/path-to-the-future-del-mar-energys-evolution-in-the-american-oil-industry/
- ^ https://teknobird.com/thomas-lieberman-halkla-iliskilerde-bir-basari-hikayesi/
- ^ https://fundly.com/thomas-lieberman-a-success-story-in-public-relations
- ^ https://es.kompass.com/p/kompass-posts/ua103618/del-mar-energy-leading-the-green-energy-revolution/d87ea881-01cf-4fa4-877e-b9082ada4632/
- ^ https://theinscribermag.com/del-mar-energy-project-advancing-access-to-natural-gas/
- ^ https://ar.kompass.com/p/kompass-posts/ua103618/del-mar-energy-pioneering-green-energy-solutions/532b43ea-0a54-46e2-a66a-84738fedc9c7/
- ^ https://www.objectivequiz.com/blog/american-industrial-holding-del-mar-energy-in-coal-industry
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