
The Department of Energy has granted Pioneer Energy $6 million in funding to adapt carbon management company Emvolon’s flare gas-to-methanol technology. (Source: Mehaniq/Shutterstock.com)
Oilfield servicer Pioneer Energy plans to use $6 million in federal funding to adapt carbon management company Emvolon’s flare gas-to-methanol technology, Pioneer said in a Jan. 13 press release.
The funding, which was awarded by the Department of Energy (DOE), will be used to demonstrate the technology at an oil and gas facility in the Eagle Ford Shale for 12 months.
Emvolon’s platform is designed to convert flared gas, biogas and landfill gas into liquid green methanol to eliminate flaring and emissions in the oilfield, Pioneer said.
The green methanol will then be transported in standard truck containers, “offering a way to monetize otherwise stranded resources at a low cost and without expensive pipeline infrastructure while avoiding emissions,” Pioneer said.
The partnership with Emvolon is part of DOE grants totaling $27 million aimed at reducing methane emissions in oilfields in Colorado, Texas’ Eagle Ford Shale and Louisiana’s Cotton Valley.
Pioneer said it would allocate most of the funds toward advancing its Emission Control Treater, a near zero emissions well pad production technology.
“We look forward to working closely with the DOE as well as Emvolon, as we leverage our expertise to adapt their technology for this challenging oilfield application, furthering the DOE’s goal of using new technology to improve domestic oil production and oilfield efficiency,” said Pioneer Energy CEO Eyal Aronoff.
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