PROVIDING SOLUTIONS TO
AMERICA'S ENERGY NEEDS
Barrell Energy's current focus includes oil, natural gas, solar, wind, battery storage, carbon sequestration, brine minerals, and technology. Our projects and investments align with the worldwide "Energy Expansion & Diversification".
STRATEGY
The U.S. energy landscape is undergoing an expansion and diversification, not simply a transition. Despite comprising only 4.2% of the global population, the U.S. consumes 16% of the world's energy. Our future electrical grid envisions a foundation of natural gas, supplemented by renewable sources and battery storage to manage the grid's dynamic nature.
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US Consumption 2023
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Petroleum: 38%
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Natural Gas: 36%
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Coal: 9%
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Renewables: 9%
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Nuclear: 9%
Source: EIA
Our Partnership Approach: We stand out by partnering with landowners, not just working for them. By combining your land with our expert geological insights and aggregating it with neighboring properties, we create high-value projects that benefit everyone: landowners, investors, and operators. This collaborative approach has resulted in over $477 million in successful transactions for landowners across Texas, Louisiana, Mississippi, Arkansas, and West Virginia in the past 13 years.
MANAGEMENT
With an extensive thirty-eight-year tenure in the energy sector, Kirk Barrell stands as a seasoned industry veteran. Over the past twenty-nine years, he has been a driving force behind the establishment of multiple enterprises, including Barrell Energy, Barrell Lithium, and Amelia Resources, where he serves as President. In 2021, he co-founded NuQuest Energy to focus on renewable energy project development across the Gulf Coast.
Mr. Barrell's extensive expertise spans a diverse spectrum across the energy landscape, with his current focus encompassing oil, natural gas, solar, wind, CO2, and lithium. His educational foundation is firmly rooted in geology, with degrees earned from Louisiana State University and Texas A&M University.
Throughout his career, Barrell has consistently demonstrated his commitment to advancing and diversifying the energy industry, making him a prominent and influential figure in this dynamic field.
HISTORY
2017 – Mineral Rights Sale – MCM – Permian Basin - Texas
2017 – Mineral Rights Acquisition – Utica – W. Virginia
2017-18 – 535,000 acres secured – Austin Chalk - Louisiana
2017 – Lease Sale – 85,000 acres - ConocoPhillips – Austin Chalk - Louisiana
2018 – Lease Sale – 58,000 acres – Undisclosed Private Equity – Austin Chalk - Louisiana/Mississippi
2018 – Working Interest Sale – Blackbrush – Austin Chalk - Louisiana
2019 – Mineral Rights Sale – Haynesville Shale - Louisiana
2020 – Acquired initial equity position in Australis Oil
2021 – Co-Founded NuQuest Energy LLC
2021 – Lease Acquisition – Smackover Lithium Brine - Texas
2022 – Mineral Rights Acquisition – Tuscaloosa Marine Shale - Mississippi
2022 – Lease Expansion – Smackover Lithium Brine - Texas
2023 – Lease Expansion – Lithium Brine - Texas
2023 – Leased 1 Gigawatt of utility-scale solar – NuQuest Energy - Louisiana/Mississippi
2023 – Carbon Sequestration – NuQuest Energy/BKV Corp – Louisiana
2023 – Development of the Gulf Coast Storage Network - Louisiana/Texas
2024 – Leased 800 MW of utility-scale solar and wind – NuQuest Energy
2024 – Executed a CO2 storage agreement in Louisiana on private lands serving the Mississippi River Industrial Corridor
2024 – Raised investment capital and formed Barrell Lithium LLC
1997
1997 – Founded Barrell Energy, Inc. - State of Texas
1997-99 – Cotton Valley Project – Louisiana
2002
2005
2002-04 – Atocha Project - Louisiana
2005 – Founded Amelia Resources LLC
2005 – Co-Founded Wave Exploration LLC
2005-11 – Wave Exploration - 65 wells drilled - Louisiana/Texas/Mississippi
2011
2011 – Lease Sale - 60,000 acres – Encana – Tuscaloosa Marine Shale
2011 – Mineral Rights Sale – 2,100 acres – Blackstone Minerals – Eagle Ford - S. Texas
2012
2013
2012 – 220,000 acres secured – Tuscaloosa Marine Shale – Louisiana, Mississippi
2013 – Lease Sale - 59,716 acres – Halcon – Tuscaloosa Marine Shale
2013 – Lease Sale - 19,500 acres – Comstock – Tuscaloosa Marine Shale
2014
2016
2014 – Working Interest Sale – Wildhorse – Terryville Sands - North Louisiana
2016 – Mineral Rights Sale – Energen – Permian Basin - Texas
2017
2018
2019
2020
2021
2022
2023
2024
PORTFOLIO
BARRELL LITHIUM LLC
Formed in 2024, Barrell Lithium LLC raised investment capital to pursue lithium brine projects in the United States. The company is currently focused on the Smackover Lithium Project.
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AMELIA RESOURCES, LLC
Formed in 2005, Amelia Resources develops oil and gas projects across the onshore United States. The company has transacted over $400 million of projects in the Austin Chalk, TMS, Permian, Haynesville, Eagle Ford, and Utica basins.
www.ameliaresources.com
NUQUEST ENERGY, LLC
NuQuest Energy, an early-stage renewable energy developer, is developing a 1800 megawatt portfolio of originated solar and wind across the Gulf Coast region. The company has extended its origination efforts to the ERCOT and SERC markets where it is actively developing a pipeline of hybrid solar and standalone energy storage projects.
www.nuquestenergy.com
THE EINHAWK PROJECT
The EinHawk Project is a business intelligence research initiative utilizing analytics software technology to identify trends, correlations, anomalies, and cyclic patterns in disparate datasets resulting in advanced knowledge applicable to problem solving and predictive forecasting. The project, a thirty-four-year endeavor, explores the intersection of collective human behavior, financial markets, and history.
www.einhawk.com
AUSTRALIS OIL
The company holds an equity position in this Australian publicly traded oil company.
www.australisoil.com
LITHIUM
If you’re interested in leasing your mineral rights for lithium, please submit your contact information here.
THE LITHIUM MARKET
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The United States alone will need 500,000 metric tons per year of unrefined lithium by 2034 just to power EVs, but it currently accounts for only 1 percent of global lithium production.
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The lithium market has been growing rapidly in recent years, driven by the increasing demand for rechargeable batteries used in electric vehicles, consumer electronics, and energy storage systems.
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The global lithium market size was valued at $5.71 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 14.6% from 2021 to 2028 (Grand View Research)
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Lithium-ion batteries are the largest application segment for lithium, accounting for more than 50% of the global demand.
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Overall, the lithium market is expected to continue growing in the coming years, driven by the increasing demand for electric vehicles and renewable energy storage systems.
“Lithium batteries are the new oil.” Elon Musk
DIRECT LITHIUM EXTRACTION
Direct Lithium Extraction (DLE) is a set of technologies that extract lithium from brine resources more efficiently and with a lower environmental footprint compared to traditional evaporation pond methods. DLE utilizes various processes like adsorption, ion exchange, or membrane separation to directly capture lithium from the brine, eliminating the need for large, time-consuming evaporation ponds. This leads to:
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Faster production: DLE significantly reduces lithium extraction time from months to weeks.
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Higher efficiency: DLE boasts higher lithium recovery rates (up to 90%+) compared to traditional methods (40-60%).
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Reduced environmental impact: DLE requires less land, conserves water, and minimizes the disturbance of ecosystems.
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Access to untapped resources: DLE enables the extraction of lithium from lower-grade brines and previously inaccessible deposits.
While still under development and commercialization, DLE has the potential to revolutionize the lithium industry by providing a more sustainable and efficient way to meet the growing demand for this critical element in the energy transition.
SMACKOVER FORMATION
The Smackover Formation, spanning Arkansas and Texas, is emerging as a significant lithium resource due to its high-grade lithium brine. Companies like ExxonMobil, Equinor, Lanxess, Tetra, and Standard Lithium are actively involved in projects exploring Direct Lithium Extraction (DLE) technology to extract lithium from the brine.
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BARRELL ENERGY IS SEEKING PARTNERS FOR ITS SMACKOVER LEASING PROJECT
CARBON SEQUESTRATION
Barrell Energy Inc. is actively developing and seeking partners for four Carbon Sequestration projects in Louisiana and Texas.
Carbon Capture and Storage (CCS) encompasses a series of processes aimed at reducing CO2 gas emissions. Here's a summary of carbon sequestration's role within the broader CCS framework:
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Capture: CO2 is captured from industrial sources like power plants or directly from the air.
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Transport: Captured CO2 is compressed and transported via pipelines, ships, or trucks to a suitable storage site.
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Sequestration (Storage): This is where carbon sequestration plays its crucial role. CO2 is injected into deep geological formations like depleted oil and gas reservoirs, saline aquifers, or unmineable coal seams. Once injected, CO2 is trapped and stored securely for long periods, preventing its release into the atmosphere.
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Monitoring and Verification: The storage site is monitored to ensure the CO2 remains safely contained and doesn't leak back into the atmosphere.
Sequestration's Importance in CCS:
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Permanent Removal: Sequestration offers a long-term solution for reducing atmospheric CO2 levels. By safely storing CO2 underground, it effectively removes it from the carbon cycle.
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Climate Change Mitigation: CCS, with sequestration as a key component, is recognized as a vital technology for mitigating climate change by reducing greenhouse gas emissions.
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Industrial Decarbonization: CCS enables industries with high carbon emissions, such as power generation and manufacturing, to continue operating while significantly reducing their environmental impact.
BARRELL ENERGY IS SEEKING PARTNERS FOR THREE SEQUESTRATION SITES
NEWS
September 5, 2024
NuQuest Energy Powers Forward with 800+ Megawatts of Utility-Scale Solar and Wind Projects in MISO, Expands into New Markets
NuQuest Energy, an early-stage renewable energy developer, today announced significant milestones in its mission to accelerate the clean energy transition. The company’s 800 megawatt portfolio of originated solar and wind projects was submitted to the April 2024 MISO queue, building on its track record of over a gigawatt of projects submitted in the 2022 MISO queue.
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August 29, 2023
Barrell Energy Inc. Announces the Development of the Gulf Coast Storage Network
NEW ORLEANS--(BUSINESS WIRE)--Barrell Energy, Inc. announces the development of the Gulf Coast Storage Network. Barrell Energy announced today that it is developing the Gulf Coast Storage Network (GCSN), which currently consists of four carbon sequestration sites along the Gulf Coast in Louisiana and Texas.
Barrell Energy President Kirk Barrell said, "Carbon sequestration is rapidly emerging as a current technological solution for the permanent storage of CO2. We believe it is a key pillar in this new era of 'Energy Expansion and Diversification.'"
August 10, 2023
BKV and NuQuest Energy Announce Carbon Sequestration Agreement with the State of Louisiana
DENVER, Aug. 10, 2023 /PRNewswire/ -- BKV Corporation (BKV) and NuQuest Energy LLC (NuQuest) announced today that they entered into a carbon sequestration agreement with the State of Louisiana to develop facilities and permanently sequester carbon dioxide from local emissions sources, supporting the goal to reduce their carbon footprints and supporting BKV's commitment toward achieving net-zero carbon emissions in its upstream businesses.
April 05, 2022
NuQuest Energy LLC Secures Three Utility-Scale Solar Development Projects Totaling 390 Megawatts in Louisiana and Mississippi
NuQuest Energy, LLC announced today that it has secured sites for three utility-scale solar projects totaling 390 Megawatts in Louisiana and Mississippi. The company has rapidly progressed towards the goal of building a 1 Gigawatt portfolio and solidifying the position of a locally-based industry-leading renewables development company.
April 09, 2021
Why These Louisiana Fossil Fuel Land Scouts are Jumping Into the Solar Power Business
As a geologist, Kirk Barrell has studied what lies below ground for decades on the hunt for oil and gas pockets across Louisiana. But now he's searching for land to build solar farms that won't be a wetland in 50 years along the Gulf Coast.
April 06, 2021
Energy Industry Executives Team up on New Venture, NuQuest Energy, to Develop Utility-Scale Renewable Energy Projects in the United States
NEW ORLEANS--(BUSINESS WIRE)--Four leading energy business leaders and early-stage investors today announced the formation of NuQuest Energy LLC, a utility-scale renewable energy development company pursuing projects in the United States.
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January 3, 2018
Amelia Resources LLC Announces the Sale of 85,000 Net Acres in the Louisiana Austin Chalk Play
NEW ORLEANS--(BUSINESS WIRE)--Amelia Resources LLC announces the sale of 85,000 net acres in the Louisiana Austin Chalk play.
PHILANTHROPY
Please assist us with supporting our favorite charity!
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Emmaus House Inc. is a 501(c)(3) public charity founded in 1966 in Harlem by Father David Kirk to empower those in need, breaking the cycle of poverty at its root. Our organization has been a stalwart of service for over 58 years in the community. Kirk Barrell has had the honor of serving as President for the past 17 years following the sudden death of his uncle and Emmaus Founder, Founder Father David Kirk.
www.emmausharlem.com
www.fatherdavidkirk.com