Crusoe Energy Systems LLC announced today a new collaboration with XCL Resources LLC to deploy Crusoe’s flare technology in Utah’s Uinta Basin.
Under an agreement with XCL, Crusoe will use its Digital Flare Mitigation technology to add 6 MMcf/d of XCL’s production in the Uinta.
Crusoe said its equipment, running at full capacity, is expected to reduce equivalent CO2 emissions by up to 273,000 tons per year, equivalent to taking 60,000 cars off the road for a year.
The project is projected to bring more than 100 jobs consisting of both short- and long-term construction and operational employment opportunities to the basin.
“We’re excited to extend Crusoe’s positive environmental impact into the Uinta Basin and to significantly expand our capacity to reduce methane emissions,” said Cully Cavness, Crusoe’s co-founder and president. “This collaboration with XCL will help to advance Crusoe’s mission to align the future of computing with the future of the climate.”
“XCL is focused on providing abundant, low-cost and reliable energy that is developed responsibly within our communities,” said Blake McKenna, XCL’s President and COO. “This partnership with Crusoe fits that strategy by implementing cutting-edge technology that reduces emissions and supports XCL’s continued growth.”
Recommended Reading
Permian Recycling Facility Passes 50 MMbbl of Water Recycling
2024-05-20 - Occidental Petroleum and Select Water Solutions have collaborated on water treatment and recycling at the site since 2021.
Trio Petroleum to Increase Monterey County Oil Production
2024-04-15 - Trio Petroleum’s HH-1 well in McCool Ranch and the HV-3A well in the Presidents Field collectively produce about 75 bbl/d.
Sinopec Brings West Sichuan Gas Field Onstream
2024-03-14 - The 100 Bcm sour gas onshore field, West Sichuan Gas Field, is expected to produce 2 Bcm per year.
US Gas Rig Count Falls to Lowest Since January 2022
2024-03-22 - The combined oil and gas rig count, an early indicator of future output, fell by five to 624 in the week to March 22.
Barnett & Beyond: Marathon, Oxy, Peers Testing Deeper Permian Zones
2024-04-29 - Marathon Oil, Occidental, Continental Resources and others are reaching under the Permian’s popular benches for new drilling locations. Analysts think there are areas of the basin where the Permian’s deeper zones can compete for capital.