BCCK Holding Co. has signed an agreement with Pinnacle Midstream to supply a NiTech Nitrogen Rejection Unit (NRU) in the Permian Basin, the company said on Jan. 27. BCCK, along with its sister company NG Resources, will design and build the facility.
“We are seeing a much higher concentration of nitrogen in the gas being produced from wells in our footprint at the heart of the Midland Basin, and expect that trend to continue as additional areas are developed,” Mike Hillerman, COO at Pinnacle Midstream, said. “Therefore, we decided to invest a significant amount of capital into our ability to process gas with high concentrations of nitrogen. We chose to partner with BCCK on this project due to their impressive track record at the forefront of innovation and commercial implementation of nitrogen rejection facilities.”
Earlier this month, BCCK was awarded an EPC contract to improve the project economics at a cryogenic gas facility in the Marcellus-Utica Basin, in southeastern Ohio, U.S. The company’s patent-pending design will increase propane recoveries at the plant as well as the associated revenue.
"We are excited to be working with one of the premier midstream groups in the Marcellus-Utica Basin, who is our latest client desiring higher realized revenue from their product. We were ultimately selected due to our overall process design and flexibility of offering,” Brian Petko, senior vice president of engineering at BCCK, said.
According to the company, providing full EPC services helps the BCCK family of companies improve project economics by being a single-source provider for all stages of a project.
Recommended Reading
TPG Adds Lebovitz as Head of Infrastructure for Climate Investing Platform
2024-02-07 - TPG Rise Climate was launched in 2021 to make investments across asset classes in climate solutions globally.
Air Products Sees $15B Hydrogen, Energy Transition Project Backlog
2024-02-07 - Pennsylvania-headquartered Air Products has eight hydrogen projects underway and is targeting an IRR of more than 10%.
NGL Growth Leads Enterprise Product Partners to Strong Fourth Quarter
2024-02-02 - Enterprise Product Partners executives are still waiting to receive final federal approval to go ahead with the company’s Sea Port Terminal Project.
Sherrill to Lead HEP’s Low Carbon Solutions Division
2024-02-06 - Richard Sherill will serve as president of Howard Energy Partners’ low carbon solutions division, while also serving on Talos Energy’s board.
Magnolia Appoints David Khani to Board
2024-02-08 - David Khani’s appointment to Magnolia Oil & Gas’ board as an independent director brings the board’s size to eight members.