
(Source: Shutterstock.com)
Pioneer Energy Inc., announced that they have completed a successful field trial of their new Emission Control Treater (ECT) technology. Pioneer partnered with Colorado-based oil producer Bayswater Exploration & Production to deploy and operate the ECT on one of their production locations in Weld County, Colorado. The pilot demonstrated a near-complete elimination of well pad emissions and an 11.3% increase in crude yield.
“ECT can help Bayswater improve our bottom line while helping to achieve our emissions reduction targets,” Bayswater CEO Steve Struna said in a press release.
The ECT pilot validated key aspects of the technology and “exceeded our expectations,” said Pioneer Energy CEO Eyal Aronoff. Aside from increasing the volume of crude produced, the pilot also demonstrated reliable autonomous system operation and produced high-quality, marketable, stabilized crude oil and natural gas.
Pioneer Energy expects to commence commercial production of ECT systems in 2024.
Recommended Reading
CenterPoint Energy Completes NatGas Pipeline Sale to Bernhard
2025-04-01 - CenterPoint Energy Inc. has closed on a sale of natural gas distribution utilities in Louisiana and Mississippi to Bernhard Capital Partners.
Glenfarne Deal Makes Company Lead Developer of Alaska LNG Project
2025-03-28 - Glenfarne Group LLC is taking over as the lead developer of the Alaska LNG project with the acquisition of a majority interest in the project from Alaska Gasline Development Corp.
Partners Group to Buy California NatGas Power Plants for $2.2B
2025-03-18 - Partners Group will purchase 11 natural gas-fired power plants in California as well as battery energy storage systems from a fund managed by Avenue Capital Group.
Constellation Energy Nearing $30B Deal for Calpine, Sources Say
2025-01-08 - Constellation Energy is nearing a roughly $30 billion deal to acquire power producer Calpine that could be announced as early as Jan. 13, sources familiar with the matter said.
Nabors SPAC, e2Companies $1B Merger to Take On-Site Powergen Public
2025-02-12 - Nabors Industries’ blank check company will merge with e2Companies at a time when oilfield service companies are increasingly seeking on-site power solutions for E&Ps in the oil patch.
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.