![Deep Well Services, CNX Launch JV AutoSep Technologies](/sites/default/files/styles/hart_news_article_image_640/public/image/2024/04/deep-well-services-cnx-launch-jv-autosep-technologies.jpg?itok=3RuoKfds)
(Source: Shutterstock.com, Deep Well Services)
Deep Well Services (DWS) and CNX Resources Corp. are launching a new oilfield services joint venture (JV) company, AutoSep Technologies, the companies said on April 24.
The JV will combine CNX’s technological development capabilities with Deep Well’s service quality standers to provide automated conventional flowback operations to the oil and gas industry.
The partnership’s first product offering is an automated flowback system for modern, high rate unconventional shale wells, according to the press release. The companies said the new system can be deployed quicker and with less labor involved, as well as reduce costs, improve safety and lower environmental impact.
"Benefits include remote operation and monitoring through SCADA and closed-circuit cameras that feed to a central control center located outside of safety red zones,” David Mulvihill, chief strategy officer of Deep Well Services, said in the press release. “This also automates data collection, allowing customers to access data in real-time through DWS' industry leading BoreSite system."
AutoSep’s automated control unit eliminates methane emissions with a fully sealed flowback, including sand trap blowdowns, as well as during simultaneous operations. AutoSep will be a standalone company operated by DWS.
Recommended Reading
Michael Hillebrand Appointed Chairman of IPAA
2025-01-28 - Oil and gas executive Michael Hillebrand has been appointed chairman of the Independent Petroleum Association of America’s board of directors for a two-year term.
Confirmed: Liberty Energy’s Chris Wright is 17th US Energy Secretary
2025-02-03 - Liberty Energy Founder Chris Wright, who was confirmed with bipartisan support on Feb. 3, aims to accelerate all forms of energy sources out of regulatory gridlock.
US Energy Secretary Nominee Chris Wright Champions Energy at DUG GAS
2024-11-19 - President-elect Donald Trump's energy secretary nominee Chris Wright championed energy's role in bettering human lives earlier this year on stage at Hart Energy’s DUG GAS Conference and Expo.
What's Affecting Oil Prices This Week? (Feb. 3, 2025)
2025-02-03 - The Trump administration announced a 10% tariff on Canadian crude exports, but Stratas Advisors does not think the tariffs will have any material impact on Canadian oil production or exports to the U.S.
SM Energy Adds Petroleum Engineer Ashwin Venkatraman to Board
2024-12-04 - SM Energy Co. has appointed Ashwin Venkatraman to its board of directors as an independent director and member of the audit committee.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.