The U.S. Department of Energy awarded Pioneer Energy with a $10 million grant for Pioneer’s new well pad processing technology, which will help eliminate routine flaring and emissions from oil and gas production sites. (Source: Shutterstock)
The U.S. Department of Energy has awarded Pioneer Energy with a $10 million grant for its emission control treater (ECT) technology.
The ECT will eliminate routine flaring and nearly all methane and conventional emissions from oil and gas production sites.
The grant, announced May 28 by Pioneer, will provide funds to scale the ECT from pilot to commercial scale and deploy the equipment with one or more oil producers for a six-month field trial.
Pioneer Energy has partnered with Colorado School of Mines to independently measure and validate the resulting emissions and flaring reductions and to compare the results to currently utilized technologies.
Recommended Reading
Equinor Subsidiary Contracts Valaris Drillship Offshore Brazil
2024-07-22 - Valaris and Equinor Energy do Brasil’s multi-year contract is valued at approximately $498 million.
Liberty Energy Warns of ‘Softer’ E&P Activity to Finish 2024
2024-07-18 - Service company Liberty Energy Inc. upped its EBITDA 12% quarter over quarter but sees signs of slowing drilling activity and completions in the second half of the year.
Offshore Guyana: ‘The Place to Spend Money’
2024-07-09 - Exxon Mobil, Hess and CNOOC are prepared to pump as much as $105 billion into the vast potential of the Stabroek Block.
Chevron Moving HQ, CEO from California to Houston
2024-08-02 - Chevron Chairman and CEO Mike Wirth and Vice Chairman Mark Nelson will relocate to Houston, where much of Chevron’s other top leadership is already based.
Solaris Stock Jumps 40% On $200MM Acquisition of Distributed Power Provider
2024-07-11 - With the acquisition of distributed power provider Mobile Energy Rentals, oilfield services player Solaris sees opportunity to grow in industries outside of the oil patch—data centers, in particular.
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.