GE, Statoil Collaborate to Reduce NatGas Flaring, Cut Well Site Emissions

摘要

General Electric Corp. (GE) and Statoil ASA have agreed to collaborate in a wide-ranging partnership to develop, among other things, ways to reduce natural gas flaring at the well site and cut methane emissions through compressed natural gas (CNG) applications. The collaboration initially would build on projects already begun, including GE’s CNG In A Box, which was created with Chesapeake Energy Corp. in 2012. The fueling solution captures, compresses and uses gas that otherwise would be flared at well sites, and GE last year stepped up financing to promote it (see Daily GPI, Feb. 25, 2014). CNG already is used to fuel rigs, vehicles and other equipment (see Shale Daily, Sept. 29, 2014).